They still offer to buy using credit card and their service is great for newbies. I'm not sure how hard and/or long it will take to pass the kyc so that could really hurt them.
Binance will go KYC soon enough plus all legit exchanges.
Binance will go KYC soon enough plus all legit exchanges.
I doubt Binance will ever adapt KYC laws voluntarily. Where did you get that information from? AFAIK they keep server locations a secret, they don't care how many "unverified" accounts you open, and have also announced that they will launch a DEX in the near future.
The entire reason they became popular really was because Polo/Bittrex did force KYC. I feel like Binance will be replaced just as fast if they were to do so too.
https://cointelegraph.com/news/binance-releases-demo-of-decentralized-exchange
-- https://www.youtube.com/watch?v=9R9LrKgL__A
Could be that he just wants to pump his BNB coin, but i seriously doubt that when you have an exchange averaging a billion$ a day (=more $ in fees than BNB could ever make them)
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plus all legit exchanges.
Oh, you mean the likes of Poloniex/Bittrex who duped and lied to their customers? Yeah, those sure are legit! 