I have been meaning to get back into trading and futures for a while. I left binance do with KYC but thinking of sucking it up and excepting it. Looking at alternatives though dydx came to my attention. What are they like and is there any other good Perpetual exchanges that are non KYC
Binance is a centralized exchange and there are many differences between centralized and decentralized as the two work in two ways. But Binance is one of the best exchangers among centralized exchanges where huge volume trades daily. And there are HUGE amounts of whale investors. If you care about KYC and want to avoid doing it then you should definitely use a Decentralized (DEX) where they won't demand KYC from you. But if you use Binance and do kyc there I don't think there will be any problem because they are a trusted and very big exchange platform. So there is nothing to fear about it