Post
Topic
Board Bitcoin Discussion
Kyc for wallets
by
Mia Chloe
on 05/07/2023, 15:40:38 UTC
According to my Bitcoin understanding Bitcoin is an asset that should be owned by an owner anonymously  now my point here is Bitcoin investors especially newbies should be very careful with wallets that requires kyc for verification most newbies may be shocked or confused but the reasons are for your safety
 kyc puts you personal information and privacy at risk it also gives ability for your transactions to be monitored.
So please before making wallet registrations always read through terms and conditions as well as privacy policy
Or rather get a hard ware wallet especially if you have large amounts of Bitcoin or other crypto currencies

Part of the Bitcoin idea was anonymous identity of users
 so as an asset owner you should support this notion
DON'T FORGET TO KEEP YOUR KEYS SAFE MATE!!