Post
Topic
Board Trading Discussion
Re: Bitcoin is available on NO KYC Crypton Exchange
by
Charles-Tim
on 31/01/2022, 06:33:26 UTC
Unless it's a truly decentralized platform, everything will happen.
Exactly. All centralized exchanges that required no juc now doesn't mean it is not in their ToS that at certain point even without prior notice that kyc can be demanded for, they are centralized, it is not the keys of the customers or users of the exchange, the users have not full control because they are not the owner of the coins on blockchain. If kyc is demanded for at a point in time, the exchange users will have no option as their account would have been freezed. Centralized exchanges have the full control, not the exchange users. So the best ways to go are decentralized exchanges, they require no kyc and they are not centralized, so users will have the full control.