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Old 07-10-2020, 01:21 AM   #1
Klen
 
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KYC requirement for the win

I wanted to verify one crypto wallet/trading system but KYC requirement is a bit too strange :

We'll ask you to film yourself performing 2 simple actions
One will involve speaking out loud

Since i cant speak loud had no choice but request to have account closed

Or maybe i should make a porn video which does have a lot of loud action and send them that

Anyone else encountered silly requirements which goes beyond average stuff like ID and selfie ?
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Old 07-10-2020, 04:19 AM   #2
Brit in Cambodia
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Just explain that you're a mute and this goes against said countries disability act.

That puts them in a legal pickle!
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Old 07-10-2020, 05:20 AM   #3
CurrentlySober
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Reminds me of a T&Cs I saw back in the day in one the little scrolling box they used to have on the old enter / exit pages of websites.

Part of it said that you had to film and upload a short video of yourself, stood at your mothers grave, swearing on a stack of bibles that you are indeed an adult and able to enter an adult site!
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Old 07-10-2020, 07:57 PM   #4
adultchatpay
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These KYC verification are getting ridiculous.
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Old 07-13-2020, 12:30 PM   #5
CaptainHowdy
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Financial requirements always makes me want to go full Bashō . . .
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Old 07-13-2020, 12:37 PM   #6
gorillaz_
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this bitstamp requirement or something similar
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Old 07-13-2020, 12:42 PM   #7
Klen
 
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Originally Posted by gorillaz_ View Post
this bitstamp requirement or something similar
Bitpanda
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Old 07-14-2020, 02:30 AM   #8
INever
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Quote:
Originally Posted by adultchatpay View Post
These KYC verification are getting ridiculous.
If its not anon what is the point of crypto then?
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Old 08-01-2020, 01:21 AM   #9
$5 submissions
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Talk about a creepy KYC requirement

Skynet in 5.4.3.2........
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Old 08-01-2020, 04:35 AM   #10
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Quote:
Originally Posted by INever View Post
If its not anon what is the point of crypto then?
Acquiring & using Monero (XMR) is anon. Every transaction on the XMR blockchain is private by default.

As for whats the point of crypto, I can list a few reasons:
  • hedge against every falling/failing fiat currency
  • fast & cheap payments
  • Bitcoin most secure network on the planet
  • If you hold your keys, you OWN your asset (unlike your money in bank, they own it and you use under their limits & terms)

list can go on and on, but there's a few
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