Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!
However you must understand the risks, nothing is really safe on the internet. Even popular global exchanges have a chance to be hacked, especially shit-exchange, so understand that as a risk. Moreover, there is no problem with KYC, as long as the exchange provides binding terms and conditions that will protect the security of your personal data, and that will be their responsibility.
exchange security or kyc will be exchange's policy. They need customer personal data in order to record money flow if something wrong happen. For example if exchanges hacked ,they could track this fund run to which people and block address to avoid massive dumping . Personally i am comfort with this policy. It give me certainity and comfortable. Unfortunately many traders didn't understand about it.