If you value your privacy, then you will know how important it is for your bitcoin not to be required with KYC. The sad thing is, looks like KYC has already been adopted by majority of the exchanges, otherwise these exchanges will also be punished by the regulatory bodies once they fail to exercise KYC verification on every crypto transaction.

Indeed, there are quite advantages if we don’t comply with KYC, but as what the regulatory bodies imply, safety and security of our coins are their ultimate goal, and with that there are no valid reasons not to comply.