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 have been using KuCoin exchange for more than two years now, I haven’t experienced any form of scam with the exchange, my transactions are always fine because I must use the exchange to buy and sell my coins; I do use their p2p to exchange my crypto to fiat because they get restricted in my region about p2p, but I am still using the exchange till now, no scam attempt experienced so far.
Privacy is very important, but the exchange is safe in my opinion because they have trading password incase someone wants to use your 2FA or security sms line to trade in your absence, their trading password is one of the features I like most about the exchange, but the KYC is general just as other exchanges, I don’t if they do leak data or sell them to others, but I have experience anything bad. Maybe the rating you may see might be as a result it future trading experience which I haven’t tried for once.