Quote from: Coin_trader on Today at 11:48:28 AM

Quote from: MeCsc on March 17, 2023, 01:21:19 PM

Am so embarrassed after reading this because I never thought Kyc was really this bad but now am so scared because of the number of Kyc I have done.

What site do you submit KYC before because its really terrible if you do KYC on mediocre platform. Binance is somehow not bad nor good to do KYC because its the most use exchange in crypto and they have a better security feature on storing your documents compared to other exchange out there. Most of the crypto user doesnt have a choice rather than to comply on it because CEX is the only way to convert fiat without any hassle and fair price.

This is the burden that crypto people enduring by submitting KYC on shit CEX which the government requires them.

This is the reason why am Scared because I have done alot of Kyc verification and didn't think much about the platform

Quote from: MeCsc on March 17, 2023, 01:21:19 PM

please can this post Why KYC is extremely dangerous and useless be among the pinned post in this board because This post is mainly for Newbies,

Quote

Most of the newbie open an account first on exchange and do KYC before they create account in the forum. They just create an account here after exploring other ways to earn aside from trading. Besides in some cases. KYC is really inevitable if you really need the service badly. You might end up using a shady services that didnt require KYC.

But at least we knowing it will make us more cautious about kyc