They asked me to scan my face through a third-party identity verification provider called Sumsub. Which seems like maybe the exclusive third party ID checker that CEXs use, because it came up with 2 other exchanges, including Binance.
I'd say stay way from it like fire. Maybe look for your local crypto ATM/Exchange or LocalMonero, as you've mentioned. So you could at least use cash and some pseudonymous information.
3 Comments
PrivateLemur@lemmy.one · 5 pts · 3y
I've tried it. Their KYC is so intrusive.
They asked me to scan my face through a third-party identity verification provider called Sumsub. Which seems like maybe the exclusive third party ID checker that CEXs use, because it came up with 2 other exchanges, including Binance.
I'd say stay way from it like fire. Maybe look for your local crypto ATM/Exchange or LocalMonero, as you've mentioned. So you could at least use cash and some pseudonymous information.
monerobull@monero.town · 2 pts · 3y
The downvotes indicate peoples opinion lmao.
Horixon@monero.town · 1 pts · 3y
These services have usually stricter KYC requirements than regular CEXes. They often ask for source of funds.
Also their site states they accept SWIFT but when I try to buy the payment method didn't appear. That was really annoying