Its stupid to say that many exchange=bad situation.
Cryptocurrency mean decentralisation
Decentralisation mean many exchanges if some will force you to KYC or prohibit some coins you will always can say to them "okey I go to another exchange"
Its stupid to say that many exchange=bad situation
Many exchange does not equals to bad situation but rather it can only cause confusion . though we dont need to try them all but rather we should only use the ones that we think legit .
Cryptocurrency mean decentralisation
No it isnt . cryptocurrency means digital currency that works online but yeah , cryptos are known to be decentralize .
Decentralisation mean many exchanges if some will force you to KYC or prohibit some coins you will always can say to them "okey I go to another exchange"
Decentralization doesnt mean many exchanges . the real meaning of decentralize is independent or no central authority that holds it . kyc to some exchange is too overated and your right , we shouldnt use them because they are too hassel .