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.