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Exchanges that handle fiat and leave us alone without too much KYC?
#1
Question 
As we know Bitstamp went bananas with their KYC, but they are not the only one. I started trading at Cex.io providing my identity etc. Now I got a form with all of these questions. They call it standard procedure. My account is NOT frozen.

It's questions like source of founds, income type (employed, self employed), monthly income, what is the purpose of the account, turnover on cex.io pr. month....etc...

This is a sad development. So what exchanges do we have that also deals with fiat and have fair fees?

Take a look at this list. Click the only fiat tab: http://www.coinparator.com/compare-exchanges/
Cardano is the most promising 3 gen. crypto right now.


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#2
(2018-06-18, 08:12 AM)Carsten Wrote: As we know Bitstamp went bananas with their KYC, but they are not the only one. I started trading at Cex.io providing my identity etc. Now I got a form with all of these questions. They call it standard procedure. My account is NOT frozen.

It's questions like source of founds, income type (employed, self employed), monthly income, what is the purpose of the account, turnover on cex.io pr. month....etc...

This is a sad development. So what exchanges do we have that also deals with fiat and have fair fees?

Take a look at this list. Click the only fiat tab: http://www.coinparator.com/compare-exchanges/

The best option should be to deal with Decentralized Exchanges, but therefor we have to wait.

Using Exchanges that work with payprocessors are also a problem.

June 10th I did a transaction form Payza to my Ethereum wallet. After processing I read a message saying the transfer would be done june 12th, a few days later a same message it would be done june 17, yesterday it would be done june 19th and when I looked this morning I saw june 21st.

Payza is crap. I had some issues with them in the past too.
Conclusion: when this transaction will be over after ...., I will close my account to never work with them again.

Support also sucks.
What is this thing that builds our dreams, yet slips away from us?

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#3
I hope you get your money. Thanks for the warning.

We clearly need a better solution. The card Amon is going to provide is for sure also going to be restricted in how much money you can draw pr. month and followed up by a questionnaire of the origin of the crypto.
Cardano is the most promising 3 gen. crypto right now.


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#4
(2018-06-18, 08:36 AM)Carsten Wrote: I hope you get your money. Thanks for the warning.

We clearly need a better solution. The card Amon is going to provide is for sure also going  to be restricted in how much money you can draw pr. month and followed up by a questionnaire of the origin of the crypto.

Today I went back to PAYZA site and my transaction is still pending. Now they say 25th of june. I suppose it will take another 2 months, just like last time. When the transaction is done, they can go to hell.
What is this thing that builds our dreams, yet slips away from us?

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#5
Sorry to hear that Hugues. It's a good warning for all of us.
Cardano is the most promising 3 gen. crypto right now.


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