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Why we need KYC for ICO Process?

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block chainerz
Why we need KYC for ICO Process?

Every investor should pass the KYC procedure and give their accreditations so as to participate in the ICO.

Laws in different parts of the world are progressively liberal, yet at the same time, on the off chance that you consider participating with different characters, you have to remain consistent with KYC rules.

For instance, when you apply for trade posting it is typically one of their essential criteria.

KYC exists to provide your project from scamming.

Regardless of whether your project is great and promising, once it has been labeled as a pit for money laundering, you will face serious problems.

It guarantees that the sources of cryptocurrencies offered by the investor are lawful.

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