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HitBTC / Re: Hitbtc legit or not ? Scam or not ?
« on: November 17, 2018, 07:37:28 AM »
Hitbtc is a legit exchange, and not a scam exchange or site. Try to know the trading rules and have some good quantity tokens for trading.
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Germany announced tax free for all crypto users. I don't know about other countries but tax are paid directly or indirectly by each one. Traders may not be charged taxes for their transactions but indirectly, they pay their quota of tax to the exchanges where the trading is done. These exchanges pay taxes directly or indirectly when making the final conversion from crypto to fiat.
I think it is a bad idea to have a KYC procedure in a decentralise world of crypto currency.Giving your personal information to unknown people will compromise your security.You are also not sure if those who collect the data are trusted or not because selling personal data in the darkness is rampant.