Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ambar33n on July 10, 2018, 08:33:29 PM
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I mean, doesn't it defeat the entire purpose of bitcoin? (before it was found to not be all that secure.)
It seems like a great way to steal ID info, too, as a side note (for corrupt sellers.)
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This is the entire problem with BISQ. You have to trust the arbitrators, you can do 10000x small transactions and then be screwed on a single one and lose all of your margin.
Too high risk for serious liquidity to be provided into that system
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Just use coinbase. They're established and trusted and aren't going to steal your ID. It's important to have verification, and this is just a necessary step in order to do business.
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Yeah, it's very risky to give your information to anyone you don't know, especially that crypto is on internation level. Someone is very vulnerable of identity theft. Bounty campaign that requires kyc is not advisable to join because their are lot of scam to that market. You won't know your identity was already been used for evil doing in the world.
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Yeah, it's very risky to give your information to anyone you don't know, especially that crypto is on internation level. Someone is very vulnerable of identity theft. Bounty campaign that requires kyc is not advisable to join because their are lot of scam to that market. You won't know your identity was already been used for evil doing in the world.
I also don't join bounty campaigns that require KYC because I am afraid that they would just use my information for their personal gain. If you can't avoid using ID when having a transaction then do so but make sure that the platform you are using do not have any issues before of using the users information or there is a breach of information.
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Я бы тоже не рискнул предоставлять свои данные. Но надо все хорошо изучить и почитать отзывы людей, может не так все и страшно