👁 Why are crypto bots introducing KYC?

⚫️ When xRocket first appeared in the TON ecosystem, its main advantage was obvious: you could store and send crypto directly inside Telegram. Over time, the project grew from a convenient wallet into a fairly large centralized platform.

⚫️ With growing popularity and higher trading volumes comes the need for AML checks and KYC. That is a natural step for any service handling other people’s money: without compliance checks, it becomes much harder to fight fraud and maintain relationships with payment partners. Crypto Bot went through this earlier, and now it looks like xRocket is heading in the same direction. Over the past few days, users have noticed updated Terms of Use for the app.

⚫️ According to xRocket’s documents, the service may link a Telegram account to an IP address, completed KYC, and transaction history. If something raises questions, the team may request proof of source of funds, pause a transfer, or freeze assets. User data may also be shared with government authorities in response to a valid legal request. Put like that, it sounds pretty serious, although for a centralized exchange this has long been completely standard practice.

⚫️ Just recently, it was reported that Binance shared data about a Russian citizen’s transfers with Russian authorities, even though the exchange announced its exit from Russia back in 2023. The story is another reminder that full anonymity has never really existed with custodial services. Behind every Telegram bot there is an operator who can keep internal records and see transfers made inside the platform.

💡 So it really comes down to your priorities. If you want to avoid KYC and keep full control of your funds, use Gram Wallet and trade through DeDust. If the convenience of a custodial service matters more, xRocket remains the best option inside Telegram.

@thedailyton