Quote from: The Pharmacist on Today at 07:48:11 PM

Quote from: Oshosondy on August 04, 2020, 10:06:55 PM

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?

Here's the thing: the no-KYC exchanges that are left are likely ones that exist in countries where they're not regulated, which means they can essentially do whatever they want. Yobit comes to mind immediately, but I'm sure there are others.

that's why the seychelles is so popular. binance is there. so is bitmex, poloniex, and other well known brands that offer unverified trading. there is a world of difference between them and selective scammers like hitbtc and yobit. in the wild west there are plenty of scammers about, but reputation and branding mean a lot. binance is not at all interested in being lumped in with the likes of hitbtc and yobit.

keep in mind, when people complain about frozen accounts and confiscated coins, we're in no position to judge what actually happened. if someone deposits OFAC sanctioned coins, or coins linked to an exchange hack, or withdraws directly from a DNM etc they are never gonna be up front about it, and we can't blame a centralized exchange for having terms that block those deposits. we can only take an overview and judge by the numbers whether an exchange is likely to be engaging in selective scamming and fraud.

Quote from: The Pharmacist on Today at 07:48:11 PM

And if you have an exchange that makes its own rules and isn't accountable to anyone, they can freeze your account for whatever reason they like. The KYC exchanges which are regulated can't get away with anything they want to, and they'd have to have a valid reason to freeze your funds.

that's nanny state reasoning tbh. exchanges like bitstamp and paxos freeze huge sums of money for months at a time without communicating with their clients. we just take their word for it that their AML/KYC related reasons are "valid".

i trust bitstamp like a trust a bank robber. i would never deposit coins with those scumbags.