So have never been a fan of KYC, neither have ever taken out money into the bank account. I'm a miner and have been doing so for the past 5 years.I have had a few rigs, so have never really needed to buy crypto ever. All the funds in my exchange are from what mined and the stuff bought since 2016-2018 etc. Now just got hit with the Binance Verification bit today, just wanted to understand if anyone knew the implications of the same. They ask me for a identification number straight up that my country uses to monitor funds exchange. Secondly ask for a Govt ID etc. I'm not so sure if wanna provide all this shit considering they say they based out of Lithuania and won't divulge the info. But really can't trust that the Govt won't really know jack shit.. So I'm in a bit ofa pickle.. What's most folks take on this?
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