I have been wondering of people telling me exchanges can freeze accounts, that makes me very afraid to use exchanges to trade, a friend of mine told me hitbtc freezed his account. That makes me here to ask the reason why exchanges can freeze account.
Why are exchanges freezing accounts?
What can I do to make them not freeze my account?
What are the best exchanges to use?
I like no kyc exchanges, please do not advice me to use any kyc exchange. I prefer exchanges that do not demand for kyc or the ones that makes kyc not mandatory?
The exchanges can freeze accounts of every member, especially if the members break their rule, and the members can not do anything because they make a mistake. You must follow the rule from the exchanges, so you can avoid freezing your account and don't try to make a suspicious activity while you trade. If you don't like kyc, then maybe you can use binance as in that exchange, you can skip the kyc verification, but you will get limitations in the withdrawal of your money. You can be able to withdraw for 2 btc daily with non-kyc, and you should accept the rule.