Post
Topic
Board Trading Discussion
Re: Bitcoin is available on NO KYC Crypton Exchange
by
savetheFORUM
on 02/06/2022, 08:07:13 UTC
For PR of your exchange, I advise you to send an application for add to the site https://cryptogeek.info/en. In my opinion, on your exchange, the most important advantage is anonymity.
Thanks for the offer and yes, you're right. The main advantage is no KYC and decentralization. As today, when many privacy coins are banned on different exchanges, this one will continue to exist and add new coins. Privacy is a must, I guess.
Good point and it's true that slowly the anonymity is vanishing from the crypto market and trading but I have a question for you. Since your exchange does not have KYC, it most likely means it is not completely legal as well, if you understand what I mean. And if so, there is a high chance that such an exchange can do an exit scam without any issues.

Please don't get me wrong. I am neither accusing nor speculating that the exchange will do an exit scam but just checking out the possibilities and vulnerabilities associated with a non-KYC exchange. I am someone who used to trade on Cryptopia very actively and after their hack/scam, I am very selective about where I trade and where I hold my funds.

Pro Tip for everyone: Never use exchanges as wallets, I have paid a price and telling you from my experience.