May 28, 2018 175By Robert Johnson
“Bittrex will force you to log in twice after clicking a link in your email, stating that it doesn’t recognize your IP – even when you’re signing in from your usual location on your usual device.”
“Kucoin, meanwhile, began asking odd questions of its customers a few weeks ago, and then repeating those questions every time they went to login, much to their annoyance.”
“Completing KYC for Gate.io in a public place is no longer viable, but perhaps that’s part of the plan: to embarrass users into upping their opsec by logging in at home. As part of the verification process, users are required to recreate four out of a possible nine gestures before their webcam. From a security perspective, it’s certainly effective: bots have yet to master human gestures while pulling gang signs.”You can see the full article by Sedgwick, for yourself, here- https://news.bitcoin.com/cryptocurrency-exchange-verification-is-getting-weird/ Now, you can see why this sort of thing may be putting people off investing, however, in the current climate, protection is paramount and therefore, we should admire the creativity that has been put in to some of these. In an ideal world, people would be able to select which level of security they want over their account, however, this means that vulnerabilities in the security of some, less secure users, could in turn but the entire network at risk, therefore, its not worth it is it?