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Will they actually be doing ID verification? Binance is one of the investors, so it might just be "if you can pay $8 you can be whoever you want, at least for a
by MallocVoidstar 4y ago
Will they actually be doing ID verification? Binance is one of the investors, so it might just be "if you can pay $8 you can be whoever you want, at least for a while".
- cinntaile 4y agoI don't get the link. Why would Binance be in favour of impersonating others for $8/month?
- MallocVoidstar 4y agoCrypto people are generally not in favor of providing your government ID for things. "Pay $8 in crypto and also give us your identification documents" will not be popular.
- amadeuspagel 4y agoYou do in fact need to prove your identity if you want to trade on binance. (KYC requirement.) So I don't see why they would have a problem with making people prove their identity for a bluecheck.
- matwood 4y agoLast I checked, Binance does KYC.
- biscottigelato 4y agoCrypto to crypto Binance has no KYC option up to $10k per day or so.