KUCoin has decided to force KYC for every of it's users.
In an attempt to remain as one of the most trustworthy and transparent exchanges in operation, KuCoin will start enforcing KYC checks on users. This measure is to ensure KuCoin remains compliant with the developing regulations in the crypto industry.
Forcing KYC was the one of the reason for once number one exchange Bitrex to move down to 7th position at current time.
KUCoin is not even in top 30. What will be the effect of such move be on the exchange and cryptocurrency overall?
https://news.kucoin.com/en/kucoin-will-enforce-kyc-for-users/This is what happens if an exchanges wants their users to be legitimate.
What they only wants for their company security same as the customers
Maybe people now still not ready on this kind of treatment remember thats why we are here because this same issues we had in banking system..so maybe lets take things one at a time