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
There are some KYC that could worth the stress and that does not mean that we have to enroll ourselves on KYC exchanges to have account with them. There are so exchanges that are very good and there is nothing we can do than to accept and enrol or there KYC because of there reputation.
Exchanges like Binance, Huobi, and others are good ones we can create account and do our KYC to have full access to our account. I would not suggest us to do KYC on new exchanges that are new in the market because they might get hacked due to security breach so we need to be very careful.