click here if you want to see your banner on this site

Author Topic: What do you think of KYC?  (Read 246 times)

SilkDao

  • Novice
  • *
  • Posts: 20
  • Karma: +0/-0
    • View Profile
What do you think of KYC?
« on: July 16, 2018, 05:43:12 AM »
Almost every project need KYC, you'll get some free tokens after completing the KYC. Are you willing to do this?

Cryptassist_India

  • Novice
  • *
  • Posts: 12
  • Country: in
  • Karma: +0/-0
    • View Profile
    • Cryptassist
Re: What do you think of KYC?
« Reply #1 on: July 16, 2018, 10:29:10 AM »
KYC has a very significant impact within the business world. The process of knowing your customer, is what businesses need to do in order to verify the identify of their clients either before or during the point of doing business with them. It also prevents the fraudulent activities from occuring. Be it related to cryptocurency or any other  thing, KYC is necessary.
Do reply with your thoughts.

secco

  • Administrator
  • Legendary
  • *****
  • Posts: 15545
  • Country: eu
  • Karma: +270/-0
  • Gender: Male
    • View Profile
    • Bitcoin Garden
  • Re: What do you think of KYC?
    « Reply #2 on: July 16, 2018, 04:55:35 PM »
    Well, as general rule, it better not to spread too much personal data all around the Internet. Although companies may be required to collect them, you cannot be sure how your personal data will be held/used.

    Think about it before uploading your ID card everywhere.
    Hacker, Pirate, Milf Hunter, Owner of Bitcoin Garden

    SilkDao

    • Novice
    • *
    • Posts: 20
    • Karma: +0/-0
      • View Profile
    Re: What do you think of KYC?
    « Reply #3 on: July 17, 2018, 04:21:04 AM »
    KYC has a very significant impact within the business world. The process of knowing your customer, is what businesses need to do in order to verify the identify of their clients either before or during the point of doing business with them. It also prevents the fraudulent activities from occuring. Be it related to cryptocurency or any other  thing, KYC is necessary.
    Do reply with your thoughts.
    You are right, but as I know, some company sell customers' personal information to make money. KYC is necessary when you invest a credible project, but please polish your eyes before login.

    BestW1shes

    • Jr. Member
    • **
    • Posts: 72
    • Karma: +0/-0
      • View Profile
    Re: What do you think of KYC?
    « Reply #4 on: July 17, 2018, 11:11:29 AM »
    I think that this is part of this business that needs to be observed

     

    Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services