Ugh dont want to do KYC. Why is it still needed nowadays. Dont it have a minimum allowed transaction that doesnt need KYC?
Posted using Partiko Android
You are viewing a single comment's thread from:
Ugh dont want to do KYC. Why is it still needed nowadays. Dont it have a minimum allowed transaction that doesnt need KYC?
Posted using Partiko Android
I recall XLM give away was $25 and needed a KYC. This is a lot more so natutally KYC is needed to avoid 1 person claiming all of the reward.
You know it... if there wasn't a KYC required, people would abuse it.
I just signed up but not ready to do the KYC. I have done many KYCs before and have lost count of them and have forgotten when and where I did so. Now I worry that the sensitive information I have given away may come back to haunt me anytime. As for XLM it is through blockchain.com an established company, yet I didn't do the KYC and gave up the $25 worth of XLM. I don't know who these CBNT guys are. Not comfortable at all. Since Zero Knowledge Proof technology is available I don't see why KYC's are still insisted upon.
Your datas are probably already sold to some 3rd parties if you went through so many KYC @devann :/
Hi @crypto.piotr, yes that is probably true.
That's alright. You still get to use the platform and receive content rewards. :)
How about the privacy of our documents? How are we sure we are safe?
Posted using Partiko Android
All I can say is that the team's past work adds up to decades of combined experience with work that twines data security.