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.
I am not afraid of the KYC , I dislike it because it requires more information than really needed. Security is there to protect me from getting hacked, KYC is not security, lets not fool each other nobody puts KYC there so they know it is real you, they put it there because they want to make sure to know who you are and try to identify people who have some bitcoins and what they are using it for.
If for some dumb reason a person of interest gets into bitcoin and puts his face into a camera stating he is the owner of some coins than the authorities could identify that person using his KYC information and catch him before he does something with that money.
In reality no criminal would do such a thing and use someone else account for it but unfortunately the authorities have to do this to make it a bit harder for criminals. Meanwhile the people like me who have no criminal records at all have to work for getting your money out of somewhere.
Well, that is one thing when it comes to the whole verification thing, it is one thing to do KYC, and it is another thing for your profile to pass through verification. A lot of people tried using wrong information in bittrex in the past, and they got their accounts burned for that reason.
It is not a bad idea when it comes to the idea of anti-money laundering, there is nothing there as far as I am concerned, and as long as I know plainly that the exchange is simply trying to abide by the policies of the country where they are situated. It is when you have some skeletons in your wardrobe that you will end up being worried.