Post
Topic
Board Trading Discussion
Re: Best nonKYC exchange?
by
Ratimov
on 27/08/2023, 11:43:49 UTC
Buying KYC accounts or having someone else KYC these days is no longer so difficult, and they are very cheap. But you will be in big trouble if in the process of using your account suddenly frozen or locked. When you ask the person to pass KYC for you before, they will most likely make it difficult for you or worse, you will not be able to contact them anymore. Then your money will be permanently confiscated by the exchange. I thought about that, but it's still too risky and not worth the risk.

How likely is it that the exchange will block your funds for no reason? Is there such a statistic? This is often talked about in the community, but no one knows how often it happens. I have verified accounts on dozens of exchanges, and even several accounts on some exchanges, such as Binance or ByBit. For many years of using such exchanges, they have not blocked me a single account that is registered to another person.

There is certainly a risk, I do not deny its existence. But, as I already told in my thread on my many years of experience with centralized exchanges, most often users themselves provoke exchanges to various kinds of blocking and restrictions, for example, they change devices, IP addresses, or try to change some important password.

If someone is thinking about buying a verified account, then you should only buy accounts that are registered to reliable mailboxes, such as outmail, gmail, etc., and which contain good addresses, and not 4et384t4fjdfu34089040@gmail.com. Accounts live longer if they are registered manually, and not through automation, through mass scripts, etc. This is all spam, which is often blocked. Do not try to chase the price, there are no high-quality verified accounts for $10. Many chase the price, buy themselves cheap spam accounts, and then complain about blocking.