Post
Topic
Board Beginners & Help
Re: My presentation
by
mk4
on 19/05/2024, 08:26:21 UTC
thank for information but do i must use KYC and driver license to buy bitcoin? sorry if it sounds stupid but I am totally fresh and am afraid to get scammed. I know binance but they say  I must do KYC and it seems a bit sketzy?

You're required by law to submit AML/KYC if you're using a big centralized exchange or literally any finance-related platform(even banks, as you probably know); this applies to like probably 95% of countries globally.

If you're not a fan of AML/KYC, go with peer-to-peer exchanges like Bisq and HodlHodl.