Crystals Sapphire
1 min readMay 26, 2020

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An absolutely good read and I just want to say, it’s also a good thing to avoid handing out your identity documents to just about anyone just because they ask for them. Avoid less reputable exchanges that demand KYC documents. I personally have suffered from situations of identity theft in this space. Recently, KoinPro exchange has introduce its futures and cryptocurrency trading platform that makes it very easy for anyone to trade crypto without having to worry about KYC policies in any form. The industry needs more of these exchanges. One has to be careful with the exchanges they trade on. Bcnex, the Vietnamese exchange made away with a lot of users funds in excess of 50 million usd and identity documents early this year and that’s the kind of industry we find ourselves in. The crypto industry needs regulation and until then, everyone needs to be careful. Again, thanks for your great article.

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