Post
Topic
Board Bitcoin Discussion
Re: Should We Avoid US Based Exchanges Now?
by
bayu7adi
on 21/12/2020, 11:00:54 UTC
In terms of centralized exchanges do you think it would be better to use ones not based in the US now?
I'm thinking of avoiding Kraken and Coinbase completely now and just using ones not based in US such as Binance, Kucoin, Huobi.
Btw I'm not personally a US citizen and the KYC rules and regulation on transactions the US government doing seem like a huge hassle now, so would be good to avoid that.

Just do what you like, when you want to transact on US-based exchanges and you feel insecure or uncomfortable, there are still a lot of other exchange options. Moreover, when you are not a US citizen, I don't think it will interfere with your freedom to do digital transitions as long as there is an internet connection. You can forget about US-based exchanges and try Binance or Bithumb to suit your business needs or your trading activity.

The large number of cryptocurrency exchanges makes us more comfortable in making choices based on our personalities.