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 !
I believe you got a point but if we rethink the whole case, there is really nothing wrong if the exchange wants to enforce kyc before you can withdraw because they need to strictly implement what the regulations say to avoid money laundering. But there are many good exchanges that has only limit of withdrawal and if you go beyond that then that is the time you really need to undergo their KYC procedure.