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Cryptocurrency discussions / Re: Safe to share your personal data for extra stipends ?
« Last post by Findingnemo on Today at 08:23:17 PM »There is a say, " Data is the digital gold"But not everything is bad, we can share our data via KYC if it is really necessary or as a main requirement for us to be nominated. Our personal data is very important, therefore we must be careful when carrying out KYC.
So you are giving gold to get tokens that may or may not have value.
Personally, I prefer my privacy over few bucks but everyone have their own choices but you need to understand the risk of giving out your sensitive information to everyone online will make the chances of getting the details sold for scammers/hacker which they might use it to impersonate an attack or they simply launch attack on you.
If it's just for an Airdrop event, it's best not to, unless we're doing KYC for a crypto exchange.
When we are providing KYC documents to get verified in a reputed crypto platform is considered to be safe or atleast we can trust their reputation that they won't be abusing our data but it's completely different from giving the data to random airdrops which may not have any real identity of who is behind the project.