a question regarding Quant. Given that the team is closely collaborating with regulated banks, do you think it will be necessary for us to go through KYC (Know Your Customer) procedures for buying, selling, or even staking Quant in the future? I'm interested in purchasing Quant, but I'm not fond of KYC processes. My concern is that if I buy Quant now, I might face difficulties selling it later due to these regulations. I would greatly appreciate it if someone, especially from the Quant team, could provide some insights on this matter. Thank you all in advance!
That’s not particular to Quant.
Kyc will be mandatory for every step towards or from fiat. Everywhere, where you want to be at least.
what do you exactly mean? i know we dont have to kyc now to buy or sell quant. will it changed in the future you think?
Regulation; aml & kyc. Taxes need to be paid, terrorism and criminal behaviour minimised
Welcome to the real world.
just dont like 🙂
I'm making the huge assumption that you reside in a sanctioned country like Iran. These sanctions are only in place to keep the sanctioning countries citizens from interacting with the sanctioned countries at all. This does not mean there isn't other friendly countries and avenues to sell your assets. That's all I'll say about that. What you do with the info is on you. This is also why sanctions rarely work.
Hey! and welcome! It seems you are very new to all this, I hope the following helps: To use overledger mainnet you are required to do kyc. No staking is available at this moment for token holders. To purchase QNT, kyc requirement is up to you. If you manage to find a friend/relative that is willing to trade with you without kyc, than that would be your option. At this moment almost all fiat on-off ramps require kyc. Your current bank account also has a mandatory kyc. It is not up to Quant to decide on kyc purchasing requirements. Check with your local regulation and crypto custody/trade services to see what fits your purchase decision best.
Thanks a lot buddy
It is the same for all coins. You can buy it on Uniswap. If they stop the trading on it, you will get a reminder.
One last tip, there are many scammers that offer 'to good to be true' trades to people who wish to not use kyc. Since there is no protection or tracing, scamming people through anonymous trades happens often. Be very careful when trading with a stranger. Coinbase has officially launched in Canada for which I would highly recommend it above anonymous trades: https://www.coinbase.com/blog/coinbase-officially-launches-in-canada I think most agree in here that coinbase is a reputable place to obtain QNT.
Since you seem also new to crypto: you can buy qnt without kyc on uniswap or sideshift
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