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So, what are your thoughts on exchanges with and without KYC? Do you prefer exchanges with strict KYC requirements, or do you value anonymity and privacy more and prefer to use exchanges with little to no verification process? What are the disadvantages and advantages of each approach? And what measures do you take to ensure your anonymity when exchanging cryptocurrencies?
With the birth of decentralized exchanges (DEX) now, it's now very easy to trade without even signing up for some exchanges.
But there are some people who prefer using centralized exchanges and are not comfortable using decentralized exchanges.
About KYC, seems this is becoming normalized for some people, but to be honest, I really find it annoying and am afraid to trust my personal identities for some people, it's invading my private data.