Hey guys/gals, maybe I'm too dumb to understand how BC really works, but I just signed-up on a BC site and before I can purchase a few coins, I was asked for all my REAL information, including last 4 of my SS#, address, and even a bank account to link my BC account to! So I'm scratching my head, "how can this be anonymous" they know everything about me and if I buy anything using that BC account, I just opened, it'll be just as transparent as buying w/ cc lol. Again please forgive my ignorance, but can someone briefly explain how can any transaction from a BC account be anonymous, if they collect every piece of information about you before allowing you to open an account! Thanks!
This is now the result of the scammers. This forum could be a good place here for exchange and so as to remain anonymous.But with the scammers around then we cannot trust anyone here to do a trade or exchange. Now, due to huge money involve and exchanges operators now afraid being drag to money laundering. So, they require all the users to d KYC. KYC becomes more strict upgrading requirements each time to prove oneslf that even include takimg videos and picture while holding the proof.