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Cryptocurrency discussions / Re: Safe to share your personal data for extra stipends ?
« Last post by Cryptsafe on Today at 07:41:55 PM »This is one of the reasons I do not fancy engaging in Airdrops that requires one to undergo KYC for payment or participation. Of a truth in the Crypto space, transactions and activities should be anonymous and remain unknown just as it was designed to but these days regulations by the government have deeply eaten into Crypto.
It is certain that airdrop that requires KYC is likely not going to sustain the project because no one knows what they are up to and on a normal, they are not supposed to demand for KYC but it is a thing of choice to choose whether to take part in the Airdrop or not. As for the safety of your details that is what can not be guaranteed because anything can happen and also you have no idea why they requested for your KYC d what they are using it for. So it is better one does their own research before engaging in such airdrop.
It is certain that airdrop that requires KYC is likely not going to sustain the project because no one knows what they are up to and on a normal, they are not supposed to demand for KYC but it is a thing of choice to choose whether to take part in the Airdrop or not. As for the safety of your details that is what can not be guaranteed because anything can happen and also you have no idea why they requested for your KYC d what they are using it for. So it is better one does their own research before engaging in such airdrop.