Giving ID to exchanges?

[Anonymous No.2347484]

What are peoples' thoughts on simply uploading their ID and credit card info, including pictures of the damn things, to these exchanges in order to buy coin from fiat?

Like most of you I've done this with a couple of sites but as I've struggled to find a site that can handle the orders at present I've joined a couple more and given them my details as above. Now I'm feeling more and more uneasy about it.

So far I've given my deets to coinbase, coinfloor and gemini, none of which are currently allowing me to buy coin with fiat. How many fucking more? How to keep track?

Risks?
Feelings?
What's the security like on different exchanges? Is there any reason to feel secure about it?
Are there any that are more trustworthy than others?
Any you feel uneasy about?


I don't think anything in this game gives me more FUD than the thought of these exchanges having my info.

But what other choice is there for a nocoin faggot?

[Anonymous No.2347580]

>>2347484
Do you even think about what you say for like 2 seconds?

[Anonymous No.2347642]

>>2347580
Clearly not. Totally thoughtless post.
You? Any thoughts?

[Anonymous No.2347657]

>>2347484

I've always wondered why they ask for ID and shit. Not even Amazon asks for ID.

Personally, I hate it because it makes buying BTC the biggest pain in the ass.

[Anonymous No.2347699]

>>2347657
You might be fucking retarded if you have to ask that question.

[Anonymous No.2347716]

>>2347484
What could go wrong?

[Anonymous No.2347740]

>>2347484
>>2347657
>>2347642
can you newfags kill yourselves already and go the fuck away with your turboretarded questions

[Anonymous No.2347757]

>>2347484
Its a good thing

It scares off normies like you so we can take control of the entire market. When it becomes easier to sign up, normies will flood in and make us millionaires. That was always the plan

[Anonymous No.2347785]

>>2347484
they are simply trying to comply with anti money laundering laws

I wouldn't do it anywhere outside of coinbase and gemini

[Anonymous No.2347800]

>>2347484
Lel. I regret sending my ID scan to wesellcrypto.com

[Anonymous No.2347813]

In the glorious mother EU, if you close your account they're FORCED to delete your shit after a while. And if they don't and something happens you sue their asses and earn enough dosh to buy a gold Lambo.
Don't know how it works in the US.

[Anonymous No.2347842]

>>2347785
This. It's like when you sign up for a bank account. Doesn't matter if it's Chase, Wells Fargo, or the credit union that exists only in your shitty town. You're going to need to give them your ID and SSN to open an account, get a loan, open a safety deposit box, etc.

[Anonymous No.2347939]

>>2347813
is that a screencap from CP or something

[Anonymous No.2347979]

>>2347939

What the fuck, no, it's just kids dude. What is wrong with you?

[Anonymous No.2347999]

>>2347657
>Not even Amazon asks for ID.
Something to do with providing a financial service?

If you were a government trying to get a handle on a financial ecosystem that's thus far totally out of your control then setting up exchanges to harvest IDs from people would be a pretty good way of matching assets to individuals.
Which I don't care too much about, I have zero interest in the black economy side of this, Drugs or guns or counterfeit passports etc. so I couldn't give a fuck if the government wants to know I'm buying crypto, or what I'm buying with it. If I'm making gains I'll happily pay my taxes.

>>2347716
Lets say coinbase gets hacked by some chinakike. Now they have a photographic copy of my driver's license/passport/whatever. They couldn't get that shit from even Paypal or Amazon if they wanted to. Is CB or Gem more secure than them?

>>2347785
>They are simply trying to comply with anti money laundering laws
Sure I get that.
Would you trust CEX?
CEX is asking me for a photo of my ID and Credit card-side-by-side.
Just bizarre; I've uploaded photo ID for passport applications or a car rental before but a photo of my credit card??
That's a bit much, feels shady as fuck, don't wanna do it but I want more BTC/Eth.

>>2347842
Didn't have to do that with Paypal, was well over a decade tho. Especially sending a photo of my fucking credit card.

>>2347740
Sorry, didn't mean to slide your 85 shitcoin PnD threads, my bad famalam, but do go fuck yourself nonetheless.

[Anonymous No.2348035]

>>2347999
Please fucking kill yourself, you'd be doing society a favor

[Anonymous No.2348114]

>>2348035
Gonna need proof of (You)r ID first.
Upload pic of your passport next to your credit card.

[Anonymous No.2348153]

I saw this question before the bubble from yescoiners. Don't be snobby /biz/ 1%ers fuckin heebs

[Anonymous No.2348173]

>>2347999
If you're such a total pussy, find a service that allows you to buy/sell with vouchers or some shit. Maybe try USDT? (don't know much about it). Or localbitcoins if you feel like being scammed directly or arrested by the FBI.

[Anonymous No.2348285]

this whole scan your ID bullshit is just idiotic.

there is a reason that this is simply illegal in Germany. Ironically, no one cares.

But fuck that. I dont even mind paying taxes, but scanning my ID and sending it to some random US site with 0 privacy? Fuck no!

I'll just hold, until I can finally buy shit with my crypto, but the current situation is just bullshit.

[Anonymous No.2348360]

>>2348173
>If you're such a total pussy,
>finding it shady when www.randomfantasymonyexchange.jew asks for a photograph of the front of your credit card makes you a pussy
You'll get your ass handed to you in a scam one day. How retarded can one person be?
>>2348285
Crypto is totally illegal in Germany?
So where did you get your first coins from? Mining?

[Anonymous No.2348411]

>>2348285
no one wants your identity, rebecca.

[Anonymous No.2348416]

>>2348360
>Crypto is totally illegal in Germany?
no. Copying your ID is.

And I buy my crypto in Austria, with cash via bitcoinbon.at.

I just treat it as a bet on the future, assuming I can use it at some point in the future for something besides drugs, which I have no use for.

[Anonymous No.2348421]

>>2347813
In the US they just resell your information

freedum mfks!

[Anonymous No.2348468]

>>2348411
Yeah, OK, I'm going to trust kraken, that they won't fuck me over. So far, they haven't run away with my "money", so I'm going to assume they also won'T do shit with my ID. BUT:
a) I'm still breaking the law when uploading it (though a minor offense, but still. If I'm doing illegal shit, I might as well do it properly, and evade taxes)
b) when they get hacked, not only will my "money" be gone, but my complete ID is now on the market, do be used for whatever you need an ID for. Best case: Some random kid registers on an ukrainian porn site in my name.
Worst case: Someone cashed out a few k BTC in my name, and now the taxman is coming for me.

[Anonymous No.2348909]

>>2348411
Chang wants your identity.
Chang wants to be you.
Chang will be you.

>>2348421
Well that's something I didn't think of. All these fuckin exchanges are US based, no? Could be worse, they could be Chinese...

[Anonymous No.2349526]

>>2348468
jesus christ. you worry about this much shit now, just wait until you go outside.