Quote from: rose9696 on September 03, 2019, 05:02:53 AM

Quote from: 300pips on August 16, 2019, 12:51:31 AM

BitMEX has banned all US residents so I am looking for alternatives that allow high leverages and require no KYC. Thoughts?

You can use it at Bitmax or Binance. but you really need to have a KYC, because when you are having trouble trading or encounter some technical errors, they can support you very quickly if you already have KYC.
I used to trade without kyc, when it was difficult to trade, the team needed to confirm a lot of things and it took more than 1 week to process them all. Really very inconvenient.

I will NEVER consider a KYC-requiring exchange as long as legit alternatives like BaseFEX are available.

In fact, I don't trust KYC conducted by cryptocurrency exchanges at all. Even Binance was recently hacked and thousands of KYC info including user id, selfie, name, email address, or maybe even physical address are currently being listed for sale on the dark web as we speak.

I mean, if you like to trade your own financial security for some short time convenience, that's your own business. But please don't attempt to convince me here because Ive learned my lesson the hard way.

A few years back, I had $5000 scammed off my credit card in Luxembourg despite I never set foot there for my entire life. And the goddamn bank still wanted me to pay for it. And you know what's the source of the leak? Amazon! Yes, THE Amazon.com!

Now, try to say it again that you feel comfortable entrusting your personal financial security to Binance, or even Bitmax? Do you plan to tell me this Bitmax has better cybersecurity than Amazon?