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RE: Crypto to Fiat Bank Withdrawal

in #btc6 years ago

The fees are most important

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Fees are important, but is privacy also important? I am not a fan of know your customer at all.

 6 years ago (edited)

@dm312 ... KYC is only to know and trackback if the customer involved in any criminal activity like money laundering or dark web.

Is it possible to have a kyc that just checks the blockchains? I guess the true question is how to have basic kyc while retaining privacy

 6 years ago (edited)

@majowonline ... Indeed, some coins like XRP, Steem, XLM are quick to transfer and have the lowest fee as a comparison.