There are few renowned and popular exchanges which are no problem to exchange crypto big amounts such as- Binance, Kucoin, Kraken, Coinbase, Houbi, Hitbtc etc. But every exchange has few rules and regulation such as fix withdraw amount, kyc process etc.
It's very important to pay attention with the rules and regulations since you are going to use huge amount of money. know everything with your chosen exchange and make sure you are aware with required documents to process. exchange also needs to submit documents from whichever government
handle their jurisdictions. it's mandatory especially with big amount that is in stake.
If you can deposit and withdraw up to 2 btc in a day, why would you need to give your KYC to them? On binance, you don't need to do KYC and you are fine.
Hey.
Is it safe to exchange big amounts on non-custodial exchangers like changelly or shapeshift, or are they designed for small transactions?
I'm a newbie and I want to know if it's safe. Also, I want to know if it's safe to exchange crypto on classical exchanges like binance.
use known exchanges whenever you want to exchange big amounts of tokens.
Binance
Kucoin
Bittrex
Yes, you are right because even though the price is high for converting the coins, it is good to exchange the coins in the above-mentioned exchanges because these exchanges have a very good reputation in cryptocurrencies.
Better to avoid bittrex, you need to pass their KYC before you can make any withdraw