Post
Topic
Board Service Discussion
Re: For which exchanges is KYC required?
by
BitHodler
on 17/03/2019, 13:14:20 UTC
Some decentralized exchange requires no KYC but liquidity is a problem.
Some? All decentralized exchanges don't ask for personal information. If they do, then it's not a decentralized exchange, but a centralized exchange. The whole purpose of these exchanges is to not deal with central entities anymore.

I do however agree on the liquidity being a major hindrance in terms of being more adopted. This is where tokens on Ethereum are doing well. It's super easy to switch from token to token since everything runs on the same platform.