Post
Topic
Board Bitcoin Discussion
Re: Crypto exchanges have to learn and improve on their security
by
tranthidung
on 26/09/2023, 14:18:42 UTC
Since the majority of users appear to have welcomed the requirement for required KYC, I believe the focus should now be on enhancing exchange security.
If you want so, you must write many emails to many exchanges as one of their customers to request them to do that to solve your concern. This forum is not a relevant place to do it because very limited exchanges have representatives in Bitcointalk. Even they are here, they probably don't see your thread.

Users must change their attitude and practice first as it is more easily to do than asking for changes, security improvement from exchanges. They must focus on what they can control so focus on themselves and how they can change their security practice first.

Quote
I am aware that KYC may reduce fraudulent activity, however dealing with hacking and security exploitation issues will need investing in the strengthening of security.
I am unsure that KYC can reduce fraudulent activities a lot.

Why KYC is extremely dangerous – and useless