Post
Topic
Board Service Discussion
Merits 1 from 1 user
Re: Ledger Card Honeypot
by
Rikafip
on 10/12/2021, 06:23:32 UTC
⭐ Merited by dkbit98 (1)

Doesn't the same thing apply to all other crypto debit cards? I mean, is there a card that doesn't require us to go through KYC?
True, AFAIK all debit card issuers ask for KYC but I was more aiming at Binance as I know that majority of people here are reluctant ( for a good reason) to give them their personal info. Unfortunately, I had to go through KYC in order to get access to my account; ~3 years ago my mobile phone where I had Google authenticator suddenly stopped working (failed to fixed it), and I couldn't find that recovery code, meaning I was locked out of the account. So in order to prove the ownership as I entered my real name there, I had to go through KYC.

If I didn't go through KYC already I probably wouldn't do it just for the sake of Binance card, even though I must say that it's much easier to spend crypto that way, than paying 5-7% fee on BATM and then depositing the money on your bank account. That fee may seem ok when you are cashing out smaller amounts like few hundred euro, but when you want to cash out let's say 10k euro and BATM takes one average Croatian monthly salary (700 euro) as a fee, that fucking hurts.