Round 2 after huge susses with cripto // debit i wanted to dust off an old plan.
We were building a (centralized) exchange that runs on Binance liquidity which allow user to trade free without any limits and KYC. I would love to get some feedback and ideas. The exchange is already finished. But there are thousands of exchanges to choice from, and I don't know if here is a big interested in this idea. Love to hear your side.
Of course KYC ( know your Customers) the best process where an exchange would more trusted. But decentralized exchanges have no kyc process because decentralized exchanges a userbased exchange. I always support kyc based centralized exchanges.
I agree with that and to be honest with the existence of KYC it is much more reliable indeed,
although on the other hand the content of KYC is our personal data which will be at risk if someone hacks
but I'm sure that the exchange has a good security system that can protect our personal data