Everyone is taking about KuCoin, and their KYC requirements, but I think that they should have been expected.
Don’t get me wrong, I have used KuCoin for a long time now, especially after Binance started requiring KYC, to be able to trade without KYC. This change equally disappointed me and will make trading anonymously more difficult.
However, looking at regulations, past events and exchanges, I think we should have expected the KYC changes. When binance became very large, they needed KYC, and now the same thing has happened with KuCoin.
What’s the message here? We should have expected this. But also, it is very likely that any new non-kyc exchange that we find will start requiring KYC in the future.
Meanwhile, good luck and happy trading
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