Uploading ID documents to Bitcoin exchange websites – what is the worst that could happen to me if somone got hold of a copy of my passport and driving license?

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I'm new to Bitcoin and have been exploring different places to purchase coins. Many places which allow you to make a bank transfer ask for ID. I have reservations about uploading my passport/driving license for verification in the event the documents (in .jpeg format) get in the wrong hands. Realistically what is the worst that could happen to those ID documents, and me?

submitted by /u/sunnymoneybunny
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $52990.40 USD  (via Coinbase)
1 ETH = $2545.48 USD  (via Coinbase)
1 LTC = $272.61 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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