I noticed Strange thing Some or most of the exchanges (require KYC to withdraw) - This is no problem
But Allow users to Deposit Even if they are not Complete KYC (in exchange require KYC) - Here the problem
after that exchange do not allow withdraw Their money !!
why this ?!
Why they allow them to deposit before Complete KYC
They say we follow the law Does the law recommend doing so? Something weird!
Often exchanges hide KYC paragraph (in Privacy Policy or Usage Policy) Or users do not know Only when They want withdraw!!
what I think from like this exchanges They want Attract Volume Without regard to the interest of users
I hope the post on the right place if not Please Tell me right place
Sorry if the translation Incorrect !
In Binance, you don't have to complete KYC and you could deposit and withdraw your balance but for people who don't complete KYC, they could only make a request withdraw for less than 2 btc. I wonder which exchange you are talking about because once we complete KYC, we can raise bigger withdraw.
But on poloniex and bittrex, you must complete KYC to continue trading and you will also raise your level and you can withdraw bigger balance from your account.