Quote from: AmoreJaz on Today at 11:03:35 PM

Quote from: chanler on Today at 10:50:57 PM

Personally, I've done KYC several times and I think it's safe so I'm not too afraid to do it because in my country KYC is a normal thing and there are regulations. maybe for some people they are afraid that the data provided will be misused, it's okay for everyone to have their own beliefs and it's good to protect our personal data from being misused. but as long as we follow and do it according to the rules then I think it will be fine.

usually, that's the dilemma. we don't know where will our vital info ended up with. so as much as possible, a lot of us don't want to do kyc. but if there's no choice like if you want to trade in binance, you are now obliged to undergo the completion of kyc. or you want to use your local exchange and they are under the jurisdiction of your local central bank, you have no choice but to comply. i have no prob with kyc as long as it is necessary, in this step, you are entrusting a 3rd party organization to hold your info.

But honestly we've been already exposing our identity into the government long time ago which there's nothing we could really do in terms of of that privacy that we are seeking off but since we are dealing with online transactions with those online platforms now then its our choice
whether we could take risk on complying those verification or not but as much as possible we do really loves on not to verify everything
and able to make use of those service.