Can someone tell me if i can withdraw coins from COSS with Basic Account?
If yes, how much is the daily limit?
I don't know about the daily limit but I also have a basic account on COSS and I was able to withdraw my tokens from the exchange.
Never withdrew BTC always ETH (max 5 at a time)
COSS is going to increase KYC regs and I am not thrilled with this. That might be the common norm for exchange going forward but I never allow to mess up my personality. Totally sucks.
KYC is needed for FIAT primarily and COSS can't get around this as it is mandatory for it to process KYC. If you just want to trade in Crypto then I don't think it will be completely necessary, but it will be needed for FITA. I don't think there is anything wrong with KYC myself. If you are abiding by the law, you got nothing to be afraid of anyway, so I don't really see a problem with it to be honest. If you hate KYC procedures, then it's just better for you to trade on the decentralized exchanges.