I considered using KuCoin (based in Singapore) because a friend told me that they have a KuCoin card and they do not share information with foreign governments.
I have done nothing illegally, but I do value my privacy.
So I read into KuCoin and found reviews on trustpilot.
It gives them a score of 1.5 out of 5 and there is a huge list of traders who lost their funds.
What are your experiences with this place?
I am looking for smart ways to cash out in Q4 of this year, but it seems very difficult.
I haven’t really heard anything that bad about KuCoin, to be honest. I follow crypto news closely and chat with plenty of traders on social media, and while ages ago people used to joke that KuCoin didn’t have a “real” office (same goes for Binance, by the way), that’s pretty normal for crypto exchanges.
If you’re concerned about exchange reliability, maybe look into Bitcoin payment processors too. They mainly work with businesses but many now also welcome individual users. The oldest is BitPay, but if privacy is important for you, BTCPay Server is worth checking out — it’s open-source and self-hosted.
If you want something easy to use, with fiat options and features you’d expect from an exchange, try a wallet like Cryptomus. They don’t share your info with governments and they use dynamic addresses to keep balances private. NOWPayments is also good — they support a big list of coins.
One piece of advice though: be cautious with services that promise “no KYC ever” — they can often be riskier than they’re worth