Now days, all the ICO and exchanges require KYC (Know Your Customer) and that makes Users to send ICOs and Exchanges documents to each one of them and will cost companies and startups, but now there is one opportunity for both user and the seller, ICOSID is a site that gives both user and the ICO and exchange an opportunity to reduce the Time and Cost for both parties.
With signing up on this site users don’t have to send all the ICO and Exchanges their documents, all they need is send this site their documents for KYC and they will do the rest and No need to submit documents for KYC/AML verification for each and every ICO, ICOSID achieves a supreme degree of security via the use of encryption, specific data transfer procedures, and multi-factor authentication system SO don’t worry!
For the ICOs and the exchanges , they will reduce the costs on KYC/AML procedures , Increased ICO campaign conversion by reducing the number of steps from opening the page to completing the purchase , Accelerated completion of KYC/AML verification , A more convenient way to participate in ICOs, Increased customer loyalty, Legal compliance in key jurisdictions.
And the fact that not all of ICO and Exchanges will use this service is another problem, but as a new service in crypto world this shortcut will make our lives easier.