I've been dollar-cost averaging (DCA) Bitcoin for a while now, using a Dutch-registered exchange where I had to undergo full identification. The tax authorities can easily track all my transactions, so I'm wondering if it truly adds value to purchase Bitcoin through a 'non-KYC' exchange? Generally, the fees are considerably higher compared to my current exchange.
Additionally, should I consider the added privacy and security of a 'non-KYC' exchange even if it means paying higher fees? Is it worth the trade-off in terms of anonymity and reducing the risk of my financial information being exposed? Any insights or experiences with this would be greatly appreciated!
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.