Since joining this forum I have seen reasons why I should cautious about doing Kyc and Centralise Exchanges do ask for it but for a Trader is using Centralized exchanges the best ?
If Yes, what is the most secure centralise exchange to use? because I read that aside from a person identity be stolen, they may lost their funds or not been able to access it and this happened to FTX customers
Binance seems to be the most commonly use Cex in the world, and one thing you need to understand is that both centralized and decentralized exchange has their merits and demerits, of which due to the fact that since Cex is regulated, that's why KYC is been made compulsory, since by depositing funds on a Cex exchange, you lose control over your funds, unlike decentralized exchanges who allows user to buy and sell Bitcoin with fiat while staying anonymous, and a good example is of it "Bisq.network" which works mostly on window devices.