Is anyone know there is any crypto exchangers who dont ask kyc ??
Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.
Binance for example doesn't enforce KYC if you withdraw less than 2 BTC's a day, if you want to withdraw more than that daily then KYC is required.
That's what is good to Binance compare to other exchange platform. Like in Bittrex if you didn't submit a KYC to their platform you are only oblige to withdraw at maximum daily at 0.02
BTC if I am not mistaken, but to other's I think same goes with Binance too. and KYC was applicable only for the centralized exchange not for decentralized exchange platform.
0.02btc is pretty huge enough and i dont think that someone will withdraw 0.02btc every single day . hello ? The market is not always in a good mood and no one will ever trade or sell coins at a dip and besides there are still plenty of good exhanges out there that we can use aside from binance that do not require a kyc or any other gimmiks .
In my opinion, we need to use KYC to trade. We really need to identify and need to determine whether you are human or robot. That is why trading floors need KYC to confirm. I just know that.
Trading using bots are not illegal and infact there are now alot of company that sells bot for trading purposes , so i dont think that kyc is invented only to detect bots .
Overall , i dont like the idea of kyc because it only gives us a hassel and it does also exposes our identity online which is really inapropriate .