Quote from: DanWalker on Today at 03:56:05 PM

Quote from: el kaka22 on Today at 12:09:54 PM

Picking any exchange would be hard, I will give you that much. Even if you are dealing with places like Binance or Coinbase, it could become a difficulty because they require KYC and they could still get hacked in a way that your KYC could be shared with the world.

It's not always the money that gets stolen, the hackers would steal anything they could find, even if it is just staff names type of simple stuff. This means that we need to be careful when picking them. This is why I have suggested my friend who got in recently to use p2p, then use DEX and when he wanted to get out, use p2p again. This is the best method for your own privacy to stay intact.

The exchange on DEX exchanges does not require KYC, but I think doing the steps on it is more complicated than CEX and the gas fee will also be much higher. As a newbie to the market, perhaps CEX is still a safer and easier to use option. Binance can be considered as the best and most reliable CEX exchange but if you are afraid of KYC then you can use Kucoin, they don't require KYC but if it doesn't KYC then you will be limited per transaction.

Not that really too technical yet there are YT vids which you could really make it as a guide which it isnt really that hard but if you do really ask me when it comes to fees then its really something high and it would

be better if you do really deal off with centralized exchange yet it is way more faster and easy access or wont really be that too technical but somehow you would be needing to sacrifice anonymity.

Its up to someones choice whether they would be dealing with DEX or CEX, depending into their preference.