Most exchanges would probably have a third party company do these verification checks. So be sure to note that when you give out your information to get verified on such exchanges.

KYC in ecchanges do have its uses as it helps one to prove ownership of an account amongst other things. Great for people who don't mind giving a great deal of control to the exchange holding and managing their funds.
About the data collected and who gets to see it? Who knows.. it could always be shared, sold or stolen. Once it's out there, it's out there.

Most exchanges would probably have a third party company do these verification checks. So be sure to note that when you give out your information to get verified on such exchanges.

KYC in ecchanges do have its uses as it helps one to prove ownership of an account amongst other things. Great for people who don't mind giving a great deal of control to the exchange holding and managing their funds.
About the data collected and who gets to see it? Who knows.. it could always be shared, sold or stolen. Once it's out there, it's out there.