KYC exchanges are exchanges that guarantee the safety of their users, there may be some exchanges that do not use KYC, but as such these exchanges are less secure, and look un professional
What absolute nonsense. Centralized exchanges guarantee
nothing for their users. If your account is hacked, say bye to your coins. If they are hacked or sell or KYC data, sucks to be you. If they choose to lock your account, tough luck. You risk everything by trusted a centralized exchange with the security of your data and the security of your coins. Conversely, a decentralized exchange which does not require any data from you and does not have a centralized wallet you must deposit your coins to is far more secure.
contact the exchange and request that all personal information pertaining to your account be deleted immediately.
I would still do this, but it is unlikely to have much of an effect. Centralized exchanges are legally required to hold your information for a period of time after your last transaction with them. Depending on your and their jurisdiction, this could be up to 10 years.
If it 8s not a crime in your country to do cryptocurrency trade then I don't think there should be this much concern except otherwise.
This is just the "Nothing to hide, nothing to fear" argument, which is completely nonsense and has been
thoroughly debunked.If you submitted KYC once, and you're not a serious criminal, your data probably won't ever come up anywhere again.
I would say his data is probably already in the hands of his government and tax agencies.
If you want to now try hiding your identity via mixers, I wouldn't recommend it because mixers are largely considered illegal
No they aren't.
Is there a way to reverse the damage? Perhaps through things like mixers etc? What are your thoughts on those?
Either transfer the bitcoin you bought back to the exchange, sell them, withdraw the fiat, close the account, and buy bitcoin on a decentralized platform, or close your exchange account first and then use a mixer or coinjoin to mix the coins you already own and transfer them to a brand new wallet, being careful not to link any newly mixed coins to any old unmixed coins.