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Heard the recent Binance news? 97% of users agreed to go through the verification procedure. I think this is a record figure.
Binance was pressurize to ask for kyc from their user. After thay, binance lost huge number of user who don't want to go though this verification process. Even some have serverl binance accounts for trading purpose, and its possible that one person can verification all account. So how could they claim 97% of users agreed for kyc? Maybe they published that article for getting their user back by seeing the percentage & how trustworthy they are
Wasn't surprised that Binance did really end up on this way which is totally anticipating thing to happen.Why? government isn't blind on not to notice on how
Binance make this big.
Regulation would always comes next and this is where their terms and conditions do suddenly changed up and the users would be the ones would really be mainly affected with it.
Coinbase is heavily regulated too.So its up to your own choice which one will you pick of.