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MELOTIC - now requires ID verification for ALL trades

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  • Alchemix

    @d415a Well, no one will use melotic right now. I will keep my coins on counterwallet for a while.

    I will never use Melotic ever again. This is actually a good thing as far as im concerned. RIP Melotic - Good game.

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  • dewibo

    @william

    @lovebitcoins

    @coinadd1ct I for one certainly will not be sharing my ID.

    What alternatives exist for LTBc exchanges?

    None, other than polo and the DEX

    where link dex

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  • deweller
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  • markxmayer

    @dewibo

    @william

    @lovebitcoins

    @coinadd1ct I for one certainly will not be sharing my ID.

    What alternatives exist for LTBc exchanges?

    None, other than polo and the DEX

    where link dex

    DEX = the Counterparty/Counterwallet Distributed EXchange.

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  • dewibo

    @markxmayer

    @dewibo

    @william

    @lovebitcoins

    @coinadd1ct I for one certainly will not be sharing my ID.

    What alternatives exist for LTBc exchanges?

    None, other than polo and the DEX

    where link dex

    DEX = the Counterparty/Counterwallet Distributed EXchange.

    thank you for information

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  • itanilor251

    ID to exchange one cryptocoin for another?? These people are crazy. I've never seen something like that not even in serious exchanges.

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  • Omnibus

    What kind of ID are they asking for? Like a scanned drivers license or utility bill? Either way I wont be using them anymore. Just wondering how much they're asking for.

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  • Cryptonaut

    @itanilor251 ID to exchange one cryptocoin for another?? These people are crazy. I've never seen something like that not even in serious exchanges.

    yeah, definitely seems weird. The only way it makes sense IMO is if they are about to introduce USD and other fiat deposits/withdrawals. Otherwise it seems pretty silly and basically shooting themselves in the foot. Nobody is going to want to trade crypto against other crypto somewhere that requires them to give up all their identity info. Are they just really afraid of regulators or something?

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  • stephan

    not good if trade crytocurency to use idcard, maybe if idcard withdraw or deposit bank conventional no problem but withdaw cryptocurency must idcard is not good

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  • irnhnve

    Counterparty's exchange is decentralized so maybe this will drive some LTBc volume there. It's a lot less steps if you dont have to trade out of your counterwallet, to an exchange, and back to your counterwallet.

    Less trading fees too.

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