Questions tagged [kyc]

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EnchantedNebula EnchantedNebula Tue Mar 04 2025 | 9 answers 2137

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.

Does BitPay need KYC?
Silvia Silvia Mon Mar 03 2025 | 5 answers 1258

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?

Is pi network safe for KYC?
Eleonora Eleonora Sun Mar 02 2025 | 5 answers 1276

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?

Do crypto ATMs require KYC identity verification?
Leonardo Leonardo Thu Feb 27 2025 | 5 answers 1344

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.

Why is KYC so controversial in crypto?
Bianca Bianca Sun Jan 26 2025 | 7 answers 1706

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.

Does Electrum wallet require KYC?

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