Post
Topic
Board Exchanges
Re: [Searching] No KYC Trading Plattform like Kucoin
by
tabas
on 25/01/2024, 23:45:18 UTC
Hey I was happy with Kucoin for a long time but now they are useless (for me) because KYC is required.
I tried Margex yesterday but that's the wrong way, I only need 1 to 1 exchange no 5x or 100x stuff.
Any centralized exchange that you are going to use now and they're KYC free, someday in the near future that will change and they will start to ask you to comply for KYC.

It's even a misnomer to call these centralized exchanges KYC-free. They aren't KYC-free. Although a few centralized exchanges offer certain limits to non-verified users, this doesn't mean users are guaranteed that they won't ever be asked to comply KYC for as long as they stay within their limits. They can still be required to pass KYC anytime, even if they don't go beyond their non-verified limits.
Yeah, it's like that whenever they does you'll get subjected to their compliance. Something that expected to happen at anytime nowadays.

Surely, these centralized exchanges like KuCoin, MEXC, and others can't be categorized with legitimate KYC-free exchanges like AgoraDesk.
I just hope that agoradesk won't be changing their terms with what they are right now as they're loved by the community and remains to be as they are right now. Why? because some said to be decentralized have became semi-decentralized to centralized, I forgot that name of known dex years ago that have reverted its way from being a dex.