I recently ran across a piece of news somewhere about the exchange and what caught my eyes is the promise they will never require KYC. I looked into it and found they publicly announced about it plus they don't have withdrawal limits.
KYC is really something that makes me feel uncomfortable that's why I don't even think about deribit.
I know it's the volume is nothing comparable to deribit or bybit but I really long for an exchange that will never force me to act like a prisoner.
Thoughts?
With such exchanges, you should not trade. withdraw no limits without KYC? It's too strange compared to how other exchages work. because when you withdraw too much money, exchange will require you to have KYC to verify that you are not a money launderer and when you have a problem, they can solve it for you more easily. So if you depot a lot of money in it, when they justify not wanting to pay so you can withdraw a lot of money then you have no other way to accuse them of being a scam. So stay away from these types of exchanges, it's not reputable.