Does BitPay need KYC?
I am considering using BitPay for some transactions, but I am concerned about the privacy aspect. Do they require Know Your Customer (KYC) verification? I would like to understand if my personal information will be requested or if I can remain anonymous.
Is pi network safe for KYC?
I'm considering using the pi network, but I'm concerned about the safety of my personal information. Does the pi network provide adequate security measures for KYC procedures? Is it SAFE to share my sensitive data with them?
Do crypto ATMs require KYC identity verification?
I want to use a crypto ATM to buy or sell cryptocurrencies, but I'm concerned about privacy. Do these machines require Know Your Customer (KYC) identity verification like traditional financial institutions?
Why is KYC so controversial in crypto?
KYC is controversial in crypto because it involves collecting and verifying personal information, which conflicts with the anonymous and decentralized nature of cryptocurrencies. This raises privacy concerns and resistance from those who value anonymity.
Does Electrum wallet require KYC?
I am considering using Electrum wallet, but I am concerned about privacy. Do I need to complete KYC verification to use this wallet? I don't want my personal information to be exposed.