My concern is that people not fully aware of it, will use Cake's swap and then get shotgun KYC'd.
Shotgun KYC is basically holding your money and privacy to ransom. One of the worst aspects of it.
N...
in last 7 years I’ve heard of shotgun kyc happen like twice with cake users. Basically non-existent.
We have a deal with our providers that if user refused kyc, the funds will be returned. But like i said its happened twice. Furthermore you can choose your provider in cake. All good questions and concerns.
We have a deal with our providers that if user refused kyc, the funds will be returned. But like i said its happened twice. Furthermore you can choose your provider in cake. All good questions and concerns.