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Author Topic: Is KYC needed?  (Read 21824 times)

Offline Jamie07

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Re: Is KYC needed?
« Reply #45 on: October 17, 2020, 04:24:52 PM »
Personally, I will try not to do kyc on any platform as I think I already exposed my identity and personal information enough. As long as I can participate without doing kyc, thats enough for me. If you want to do kyc, just make sure you really trust that platform.
« Last Edit: October 17, 2020, 04:27:27 PM by Jamie07 »
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Re: Is KYC needed?
« Reply #45 on: October 17, 2020, 04:24:52 PM »

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Offline Rakin343

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Re: Is KYC needed?
« Reply #46 on: October 17, 2020, 11:55:54 PM »
Personally, I will try not to do kyc on any platform as I think I already exposed my identity and personal information enough. As long as I can participate without doing kyc, thats enough for me. If you want to do kyc, just make sure you really trust that platform.
Yes sir, without knowing project one should not submit kyc information and database.
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Offline Quantum X

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Re: Is KYC needed?
« Reply #48 on: October 22, 2020, 05:44:06 PM »
I personally do not really like KYC, but for the forum I will do it, because from the beginning I intended to be active in the forum.
This means that KYC is just always agreeable depends on someone's interest. But still if you are bounty hunter and at the end of the campaign the team ask you to pass KYC they left you no choice but to leave if you don't want to expose your private personal information.

Offline Gabby711

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Re: Is KYC needed?
« Reply #49 on: October 26, 2020, 08:09:38 AM »
KYC is very important in some cases but it is also very risky because it exposes your identity and other important personal information which may now be misused by some scammers

Offline Proton

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Re: Is KYC needed?
« Reply #50 on: November 10, 2020, 10:46:28 PM »
Kyc is a systematic process of identifying cheating and scammers but some times scammers and cheaters collect kyc information.
KYC should be carried out only for the purpose of preventing money laundering and combating the financing of terrorism and, in accordance with the mandatory FATF recommendation of June 21, 2019, in cases of transactions over one thousand euros.  Carrying out it for another purpose is illegal.  Therefore, KYC against bounty hunters is illegal.
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Offline Papusha20

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Re: Is KYC needed?
« Reply #51 on: November 11, 2020, 02:14:20 AM »
some people certainly do not like to do KYC, and some others don't care about that,
I personally do not really like KYC, but for the forum I will do it, because from the beginning I intended to be active in the forum.
but for KYC in a project I prefer to avoid it. the reason for avoiding personal data is being stolen,
and I used to do KYC first, but suddenly the project was closed, and after that I tried to be careful and avoid it.
How about you?
do you worry about KYC or not?

Yes, KYC is valid in any case if it works.  So if everyone works anywhere, if there is KYC, we will do what has happened.

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Re: Is KYC needed?
« Reply #51 on: November 11, 2020, 02:14:20 AM »


Offline Bismark

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Re: Is KYC needed?
« Reply #52 on: November 11, 2020, 07:57:19 AM »
Actually do not care about KYC that much but I do not like to send my data to any site that is not fully trusted. Actually, it depends on where I need to use my KYC.

Offline MrSpasybo

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Re: Is KYC needed?
« Reply #53 on: November 14, 2020, 10:38:54 AM »
I understand that KYC is a good way to limit spam, but it still gives me a feeling of insecurity when someone knows too well about me in the crypto world. Crypto is anonymous, so I will stay anonymous, at least until KYC is required :)
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Offline mnixxo.crypto

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Re: Is KYC needed?
« Reply #54 on: November 14, 2020, 09:15:57 PM »
I understand that KYC is a good way to limit spam, but it still gives me a feeling of insecurity when someone knows too well about me in the crypto world. Crypto is anonymous, so I will stay anonymous, at least until KYC is required :)

I agree with you. I am also trying to avoid the KYC where possible. Crypto should be without Know Your Customers. Sometimes it is necessary in exchanges, but i will never join bounties or airdrops with KYC.
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Offline Sumaiya2

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Re: Is KYC needed?
« Reply #55 on: November 15, 2020, 02:01:22 AM »
You must keep KYC in your account.  If you do KYC then the ID must be valid and solitary.  And for the rest of your life you will never get a duplicate or mine if you don't spam.  Then you must do your ID KYC.
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Offline Ronald

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Re: Is KYC needed?
« Reply #56 on: November 16, 2020, 10:35:41 AM »
some people certainly do not like to do KYC, and some others don't care about that,
I personally do not really like KYC, but for the forum I will do it, because from the beginning I intended to be active in the forum.
but for KYC in a project I prefer to avoid it. the reason for avoiding personal data is being stolen,
and I used to do KYC first, but suddenly the project was closed, and after that I tried to be careful and avoid it.
How about you?
do you worry about KYC or not?
I agree with you regrading this fact. I would not like to do kyc in any project. I always try to avoid kyc. Most of the time it is not legit i think. That is why i don't like it.
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Offline msz900

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Re: Is KYC needed?
« Reply #57 on: January 12, 2021, 05:35:52 AM »
some people certainly do not like to do KYC, and some others don't care about that,
I personally do not really like KYC, but for the forum I will do it, because from the beginning I intended to be active in the forum.
but for KYC in a project I prefer to avoid it. the reason for avoiding personal data is being stolen,
and I used to do KYC first, but suddenly the project was closed, and after that I tried to be careful and avoid it.
How about you?
do you worry about KYC or not?
I agree with you regrading this fact. I would not like to do kyc in any project. I always try to avoid kyc. Most of the time it is not legit i think. That is why i don't like it.

If KYC is a requirement for any project then you have to do it if you want to join that project and the other thing is if you think that your data will be used in the wrong place etc, then let me tell you that if you are connected with Technology by any mean then you are vulnerable to any tech company, hacker, even the mobile companies are sell the users data and use it for promotions.
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Offline tsakf

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Re: Is KYC needed?
« Reply #58 on: January 12, 2021, 05:41:22 AM »
It is very important to do KYC in any case.  Because if you do KYC, your real information is known.  And the thing seems to be very active.  So very necessary in any case.

In an ideal world, this could be correct. The more places, you give KYC info, the more risk you have, to be a victim, of Identity theft.

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Re: Is KYC needed?
« Reply #59 on: January 13, 2021, 12:35:02 AM »
some people certainly do not like to do KYC, and some others don't care about that,
I personally do not really like KYC, but for the forum I will do it, because from the beginning I intended to be active in the forum.
but for KYC in a project I prefer to avoid it. the reason for avoiding personal data is being stolen,
and I used to do KYC first, but suddenly the project was closed, and after that I tried to be careful and avoid it.
How about you?
do you worry about KYC or not?


Of course, I am really sorry about KYC. Because we will share our identity. We must be careful, if you must to do.

 

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