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 !
This is really disadvantageous for traders, you are allowed to deposit but will give you a hard time to withdraw, this is for them to compel you to do KYC, also I have seen a lot of exchange that do not put KYC in their FAQ you will just get suprised to find out wehn they asked for KYC.