Quote from: ChainSmoker on March 07, 2018, 12:51:32 PM

Before using any exchange i consider following things.
1.If it has KYC or not.I only use exchanges that have no KYC.We are using crypto right? Tongue

2.If should have instant withdraw for cryptos.
3.It should be well known and reliable exchange.
4.It should provide good number of security options.

Then you must not have serious amounts of trades to make, I guess! Check out all the daily trading volume, especially for Bitcoin markets. The vast majority of it happens on centralised exchanges that require KYC. You're talking about well-known and reliable too... all the reputable ones need KYC.

Of course, completely agree that we shouldn't need to - and that's why I still believe these decentralised exchanges (or at least, trustless) or even simple atomic swaps will one day become big. If all of them could just pull their acts together - we'd have a lot more choices.

I wouldn't risk much of my coins on an exchange without KYC either... I think guys like Yobit are really popular for that but it's a matter of time before their hands will be forced - or they get in trouble. And clients would be the first to suffer.