CryptoBridge platform forcing users to verify!


New month, new B.S for the cryptoland!

The CryptoBridge platform, calling itself the "decentralized channel for trading on the BitShares digital assets exchange", announced this Tuesday 10/01/2019 that starting from October (same day of the announcement), all its users need KYC verification to make deposits and WITHDRAW funds.

To pass verification, customers are invited to use the services of Fractal and provide it with the necessary documents to confirm their identity and address, and then wait for their approval within 24-72 hours.

was founded in 2017 in the USA and focuses on altcoin trading. According to CoinMarketCap, the volume of transactions on CryptoBridge over the past 24 hours amounted to about 20 bitcoins . CryptoBridge users expressed their indignation at the lack of prior notice of withdrawal restrictions for unverified accounts.

Note that the so-called decentralized platforms are gaining popularity in the United States. To simplify their work, the San Francisco-based blockchain startup 0x has partnered with the Israeli company StarkWare to develop the StarkDEX solution. With the new tool, decentralized exchanges will be able to process about 500 transactions per second.

Recall that for the first time in US history, the dOrg decentralized autonomous organization (DAO), based on the DAOstack framework, registered the dOrg LLC company.

I don't know for you guys but for me CryptoBridge was always pure scam exchange with false claims for decentralization (where they are NOT technically).