You are viewing a single comment's thread from:

RE: CryptoBridge - Decentralized Exchange With Native Staking Coin On BTS Network

in #cryptocurrency6 years ago (edited)

Looking good baby! Looking good!

Thanks @lexi for intro on a great project... I'm super interested in decentralized exchange... The concerns raised about lack of coins available for trade I hope will get remedied...

Also, can you answer a question of mine about this exchange?

Does being on a decentralized exchange mean no KYC or AML laws? It means we can just go in there with a wallet address and some crypto and have at it, without having to worry about whom we're dealing with, "counter-party risks" as you have eloquently put it, and more serious of all: prying eyes and meddling hands from peoples and entities who's business, our crypto activity is not?

Do these exchanges allow or provide a practical method for us to skirt or circumvent the laws that require us to doxx ourselves in order to acquire and trade crypto on the centralized exchanges, by providing an innovative and scientific alternative to the current paradigm?