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Author Topic: Non-KYC exchanges for Bitcoin trading and compare trading fees.  (Read 4668 times)

Offline fruktik

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #90 on: February 05, 2024, 09:05:32 AM »
With the way CEXs are forcing KYC on users, the data resell business may even become more valuable and lucrative in the future. According to the information below, stolen data can also be sold in packages on the darkweb.

"The data is seemingly for sale for $10 per 100 documents or more, with discounts applying for those who buy in bulk, all the way up to $1 per 1,000 for an order of over 25,000. CCN.com was able to independently verify the ad on the dark web, which is still online."

https://www.ccn.com/hacked-customer-data-from-world-leading-cryptocurrency-exchanges-for-sale-on-the-dark-web/
That's what I wrote about. How predictable everything in our world is. This is the reason why I never go through verification, because I understand perfectly well that sooner or later, but the data will "leak" into the public domain or into the hands in which it should not. It is a pity that many people have not realized this yet. Well, it's their choice. They have the right to do what they want. I've made my position clear.

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #90 on: February 05, 2024, 09:05:32 AM »

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Offline Doctor

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #91 on: February 05, 2024, 08:06:48 PM »

That's what I wrote about. How predictable everything in our world is. This is the reason why I never go through verification, because I understand perfectly well that sooner or later, but the data will "leak" into the public domain or into the hands in which it should not. It is a pity that many people have not realized this yet. Well, it's their choice. They have the right to do what they want. I've made my position clear.


If you doubt to share your identity to verife KYC , because your data will leak into the public domain or into the hands in which it should not, don't do it.
But I still believe in reputable exchange such binance,  I did KYC there , and I think until now safe.
It depends on our consideration to  do kYC or not.

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Offline elbans89

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #92 on: February 05, 2024, 09:54:56 PM »
KYC is pain and if you do KYC on a centralized exchange, you lose your identity document, forever.

If you are seriously with your privacy, anonymity, you will have need to look for non-KYC exchanges. Then you will have to compare their trading fees.

There are three websites for you to do so.

Okay, I will try on three website ,  what about their volume at there. Because I want to do daily trading. As long as I did trading I used binance, kucoin and several big exchange. Our identity is important, so  I will consider it
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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #93 on: February 06, 2024, 06:38:38 AM »
If  there is non KYC, why we must do choose exchange which ask KYC as mandatory. We can several exchange which free, bit It will be limited when withdraw. If we use small money, I think we can use it.
but If yo want do trading, you need the exchange that have big volume, it's reputable exchange.  Ask KYC.

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #94 on: February 07, 2024, 07:53:29 PM »
Yeah, If we don't want to share private ID, better to choose other exchange.
I didn't believe my private data will safe, because we all know about misuse private data at several companies.
So be careful.
But I suggest if they are reputable exchange, I think we can do

In my opinion, and as I think I have said before, it is best to use DEX. I know very well (it's something I see every day) that no company is exempt from being attacked, not even the companies with the most resources in any type of industry in the world. Ransomware attacks have become more numerous in recent years, and are very effective in a large percentage of use, large technology companies around the world also suffer from these attacks, zero-day vulnerabilities are worth millions of dollars (there are companies that have paid up to 20 million dollars for some of them) and exploits appear in a matter of minutes.

The question is not “how” they will suffer an attack, the exact question is “when” they will suffer it, because it is only a matter of time. DEX is the only solution that exists at the moment.
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Offline Sokani

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Re: Non-KYC exchanges for Bitcoin trading and compare trading fees.
« Reply #95 on: February 08, 2024, 04:40:16 PM »
If  there is non KYC, why we must do choose exchange which ask KYC as mandatory. We can several exchange which free, bit It will be limited when withdraw. If we use small money, I think we can use it.
but If yo want do trading, you need the exchange that have big volume, it's reputable exchange.  Ask KYC.

You're right in a way when you said performing KYC increases your withdrawal limit. However, there are other good non-KYC exchanges that doesn't restrict your withdrawal limit. For instance, bisq.network is a DEX where you can trade easily via P2P. exch.cx is an instant swap and comes highly recommended. You can trade using either of them and receive whatever amount of asset you need in your destination address without any restrictions.

 

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