Quote from: Ratimov on July 03, 2023, 01:55:39 PM

Quote from: ultrloa on July 03, 2023, 12:42:12 PM

Use dex instead of centralize exchange if you want to avoid KYC since it will implemented to all of CEX.

Apparently, many people still do not understand that centralized and decentralized exchanges sometimes perform completely different tasks for a crypto user, so they try to oppose these services to each other as a full-fledged alternative, as if centralized and decentralized exchanges differ only in that on CEX there is KYC, but on DEX it is not, and there are no more differences between them. Cheesy

Therefore, such advice looks like this:

- The frame of my truck is broken, please recommend another truck.
- Use a passenger car, there is no frame, which means that a repetition of the problem can be avoided.
Cheesy

It's like temporary solution only for those people who would like to use an exchange but they can't afford to trust to hand their KYC to any platform whether its trusted or not. But for sure if they would find out that they still need to use Cex for sure they will comply to the requirements and get back to the normal trades they do. For me I don't have any problem regarding on Kucoin new implementation since I'm expecting them to do what binance implement to their users.