Bitcoin Forum

Used to be super active but got burned by most of the old closures (Cryptsy, btc-e, Bter, etc), so where is the best place to trade nowadays?  I have a Coinbase account already along with Kraken but not sure of other options that may be better.  Thanks!

Where are you from? If you're looking for fiat exchanges, maybe you can look into Bitfinex, Bitstamp, Gemini and Crypto.com. Coinbase and Kraken are probably on the top, so I'm not sure you would want to switch to something else unless they're not offering a specific thing or token you're looking for.

You can also go for Binance, Bybit, OKX or Kucoin. If you want to use OKX, be careful not to send less than 0.0005 BTC which is their minimum deposit for bitcoin.

The exchanges that OmegaStarScream also mentioned are good.

Is Bitfinex having segwit address for bitcoin? I wanted to use the exchange some months ago but it required me for KYC which makes me not to proceed because I did not know if it will serve the purpose of receiving with segwit address.

It's going to depend on what country you're in.

United States: Kraken
Everywhere else: Binance

Alternatively, if your trades are made within days/weeks/months, just do on-chain through the likes of Uniswap so you get rid of exploit risk.

Hi. Can you define "better" ?
For me, "better" means non-KYC, but for other people "better" may mean something else, so it would help to know what you don't like with Coinbase and Kraken since these 2 are arguably the largest exchanges, so...

I have checked your post history to try to get an idea of which country you are from since that information is missing but I couldn't find it.
For me, I use Binance which is the number one trading platform in my country but since the government accused Binance currency manipulation, I have switched to alternative platforms like Kucion, which has a good trading volume as well. I don't use Coinbase.

They both require KYC submission which I am okay with. However if you are not, then look through the suggestions of the other users.

Were you using exchanges to store your cryptocurrencies? if so, this isn't advisable as you may have already know. The best middle ground approach right now is to withdraw your funds to a non custodial wallet if you're not actively trading.

In addition, I think, it would help if you can list your use cases or some pros and cons for you as well as your country. Ultimately, every exchanges will have their own pros and cons hence it's up to us to weigh things down -- prioritize our must have use cases/features/coins and pick cons that are bearable for us.

Most of the exchanges today requires KYC and you've got two known exchanges already. But if you want to know others thought what exchanges we're all using.

Mostly are using Binance, bybit, okx and the others.

So if you are not happy with the two that you have, there's so much more to test but only deposit what you're okay with because some are asking just to make these exchanges as their actual wallet which isn't advisable.

If you want to choose an exchange, you need to consider your location. For instance, you don't really need Coinbase if you are not from US because it's a united state trading platform and they have limited nomber of trade. What you can see in many exchanges, you wouldn't see them on Coinbase that's why country matters. You also need to look at the jurisdiction selection, some exchanges doesn't welcome some exchange into their country, so if you are one you need to be observant of such when you want to select an exchange.

You might also want to check the liquidity, there are some exchanges that you can't trade 500 btc without affecting the price of Bitcoin and there some that even if you trade and included them in a market order, it wouldn't feel any pressure, so as you go for your respective favorites exchanges, try and look into this as well.

If your are looking for a non KYC centralized exchange platform to consider doing transactions with, Then, You can go try out MEXC exchange platform, that is if you havent heard of them and to check if you can find them meeting up with your need in terms of the type of exchange platform which you need to trade your cryptos.

And Op, it depends on what you would want to see on the exchange platform, like me
Security of my funds, low trading fees, easy access to deposit and withdrawal, active P2P

I don't have a better view but where are you from? I usually use exchanges that have operational permits from the government to trade so we can take it easy. If the exchange is only used for trading, not for storing assets, then Coinbase is already classified as an exchange that is worth using. Other options are like what you mean because exchanges are only used for trading, not for saving.

Using Binance is also a good choice for trading as this exchange already has a big name in the crypto industry. But remember one thing that the exchange is only used for trading not for storing the assets you own. So consider what options you mean so that we can try to provide an overview or input.

Coinbase and Kraken are top-tier exchanges, you can choose anyone out of the two or both for trading. If you are searching for local exchanges in your country then check the local boards. They will be able to suggest which exchange you should choose for fiat conversion. You can look into Binance for both trading and using their P2P service for fiat conversion if they are operating in your country.

The exchanges you mentioned are also good. I just assumed that OP is more inclined to fiat exchanges since he mentioned Coinbase and Kraken.

As for your question, then as of November 2023, Bitfinex fully supports native SegWit: https://blog.bitfinex.com/announcements/support-for-bech32-addresses-now-available-on-bitfinex/

Whenever someone ask me on what exchange is a good exchange to use, I always refer them here https://coinmarketcap.com/rankings/exchanges/ and told them the higher the trading volume the better because sometimes they are sending me links to new exchange sites (that's a scam, you'll know if you first look at it) so I ask them to take a look at the rankings of the exchange site.

But just like what other said, you should know first whether that exchange site can be accessible or legal in your country as you don't want your crypto to be locked in the exchange site or confiscate it, so just  do a little research first before transferring asset.

You can also exchange to fiat if you are using those exchanges that I mentioned.

Thanks very much. I have no merit left, this deserves merit.

Binance bought Coinmarketcap since 3 or more years ago. It is better not to fully believe in anything that you saw there. It is better to use Coingecko. Sometimes Binance will not be on number 1 on Coingecko but it is always in number 1 on Coinmarketcap.

Just say we get clarification before making suggestions, and just as other have asked your location determine what the best exchang for use, because binance used to be the go to exchange and most popular among cryptocurrency trader's, but with the recent crisis and the battle between the exchange and regulators I think we have to replace binance since it services are restricted in many countries.

 
So best you state your location so that you can get the best choice both in decentralised and centralised excahges suggestions that suit your location.

Similarly I would suggest using Binance or Bybit as a good exchange, this is what we experienced where the exchange has a pretty good reputation but I don't know what the OP needs is to convert to fiat?

But I don't know what the OP needs is in accordance with the location?

It is much better for anyone if the use of the exchange is limited to trading and Binance is one of the exchanges that has quite a good reputation at the moment. For trading needs, perhaps the OP will be much more aware of the operational permit level of a particular exchange in his country. As far as I know, Binance has permission to operate in almost all countries today, although sometimes there are some countries that prohibit it.

Currently I use a local exchange that has collaborated with Binance, making it easier for me to use. If it's not for saving then any exchange can be used as long as it has a good reputation. OP's needs can be adjusted because the most important thing is that he understands the level of security of the assets he owns.

Since what you are asking is the best place to trade, there are quite a lot of choices. If you have no problem with kyc then Binance I think is the best choice for now (depending on where you live). However, if you still want to trade normally and be able to withdraw and make deposits normally and it has to be a centralized exchange then MEXC also doesn't require KYC to do that. In fact, I have never done KYC at MEXC and I have been trading for several years there. It's just that the liquidity in the market or trading volume there is not that big and this makes it difficult for those of us who do daily trading to immediately fill the positions we create. This is different from Binance, where the trading volume is always large, which means the positions we create can be easily filled.

And actually there are many more CEXs that don't require KYC out there. But be careful because you also need to pay attention to the reputation of the CEX itself. If you don't trade actively then doing it on a DEX would be better.

A lot has changed if your last exchange is Cryptsy. Back then you could made anonymous accounts on all exchanges and send coins back and forth with ease. These days almost all exchanges require KYC. You don’t really have any other options due to regulations.

At the end of 2022, Ftx was the largest exchange and it turned out to be a huge scam. So people started to trust dex more and stopped using cex. So there is a small learning curve but dex seems to be the future for crypto.

I think Kraken is older than in Coinbase but I rarely saw it being talked about. I won't say that they are not operating anymore because why would you mention it here, right? But for me, I'd go with Coinbase because I already used it before here in my country. Questions like this are still country-dependent, so OP had no choice if Coinbase is not allowed in his country but Kraken is.

Maybe there are still other exchanges out there that are also allowed in his country. He still can choose them compared to Kraken because they can be better than it. Binance might be a good option too and is more popular than the two but it's only sad that my country banned it in recent time.

The two exchanges you mentioned can be said to be on the list of good exchanges, and apart from that, are there any better or best ones? I think there will never be the best, because all CEXs have the risk of being hacked or other things that are detrimental to their users, that's why you should never save your funds in CEX even though you trust the exchange, use the exchange as it functions, namely for exchange, not store assets.
We see how many people lose their coins because they trust exchanges as their wallets and Cryptsy, btc-e and bter are just a few because the list of exchanges that are detrimental to users is quite extensive.

Above users already recommend many popular centralized exchanges that might be the safest in terms of CEX.

But if you're looking for privacy, you can use Bisq, Agoradesk or Robosats.

@OP need to check whether the exchange restrict his jurisdiction or not, because it will be a big problem if MEXC force him to verify his account. (https://www.reddit.com/r/MEXC_official/comments/1c5j52k/mexc_requiring_kyc_for_triggered_users_or_all/?rdt=37577)

I also have use MEXC without KYC, but I do it using wallet that has in-built exchange i.e. Safepal.

Coinbase and Kraken are also the best options that you can use for trading, but if you still want other options, you can try Binance and Kucoin which in my opinion are also no less good to use as trading platforms at this time. And for those who have been closed in the past which may have resulted in a little disappointment in yourself, you can consider it as a bitter experience that you have experienced in the past and now is the time to choose the best and improve it with the abilities you have.

If Binance is available at your place then, it’s the perfect place to trade. It has good user interface and the almost all the coins are listed here. 9 out of 10 customers use Binance and it’s very famous for its quick user interface. It has also recently introduced the P2P and copy trading feature. So if you want all the features and coins at one place then Binance is the ideal choice. I personally trade at Binance and Kucoin. So check all the rules and regulations before joining any exchange.

Many good answers in this thread, I used to use many exchanges mentioned in previous comments, but to be honest, I haven't used exchanges for a while, at least not the centralized ones... now it's easy to exchange coins through a wallet, or through some swap service, and there are many different ones. Looks like that time of decentralized services is coming.

So the real question is what the OP wants, to trade regularly or just want a fast entry into some coins without much hassle. For long-term trading I think that some swap services are much better, at least we always have full control over our funds, and the transaction fees can be lower, depending on wich swap/wallet we use.

If you need to know more about live exchanges(centralized), you should make use of Coingecko (https://www.coingecko.com/en/exchanges) to check all active ones, they have their ratings included in 10/10 but in not sure which one is the best but I believe the ones that have 10/10 ratings and 9/10 ratings have huge liquidity and you can make exchange most of the top coins without any problem.

Try and do some comaprism with volumes too, sometimes exchanges tend to display huge number of volume from the exchange but sometimes they are from wash trading, so make the comparison with coingecko or coin market cap to see the real volume, they have a way of generating the real volume from exchanges using API, you will know quickly the exchange that is into wash trading and the ones that are into real trading, even decentralized that used bots, you can use this method to fish out wash trading platforms.

If you can check the post well, then you will see that the OP didn’t mention storing coins on exchange, all the OP needs is an appropriate exchange that can be used for trading. I know how risky it is to leave a coin on exchange. The best place to leave a coin is a non custodial wallet, but as we can see, the advice you are giving the OP is not what the OP really needs. You should be advising the OP, maybe if he made mention of storing coins on exchange.

And I will say the exchanges which the op mentioned are really good one’s, so the op can just select one of the exchange and be using it.

If you are looking for centralized exchangers then you can use Binance, Kucoin, or Bybit. These are my favorites centralized exchangers.
The reason of being favorites is they are trusted among the cex and as well as also have user friendly interfaces and as well as also good features. From the side of features I will put Binance one step ahead. I loved to cashout the P2P features on binance and also the launch pool pad. You can explore them. Coinbase are not available in my region and on the others hand I am not much familiar with the Kraken and the others you have mentioned so my suggestions will be to three of them.

Emphasis on this particular bit:

For instance, Cryptsy and btc-e are exchanges which abruptly shutdown along with their users money -- FBI seized btc-e to be more precise. Hence it's a sound theory to say OP may have lost time and money amidst the controveries otherwise, why say they got burned by the closures.

Discussions are not always black and white. There are gray areas where we can read between the lines and form theories in order to further flesh out the discussion.

I've tried all of them and they're good, there's one in my radar and that's okx. I am not shilling them but they seem to be good for someone who's like OP that's just looking for another exchange. But at the end of the day, you'd notice the difference of them and the things that they offer to their users. In platform wise, they don't have that a lot in difference and very common but in some features like p2p, you'd really choose what you think gives you better withdrawal speed and rates.

It is very easy to blame others in such cases, but it is not fair. “Be your own bank” also means that you actually have to take care of the security of your coins yourself, which is why coin holdings have no place on an exchange once they have been traded. There have been countless examples in the past where people have been robbed of their coins because they traded them out of convenience/lack of knowledge/... simply left them on the exchange. Unfortunately, this opens the door to losses and fraud.

That's why we must never tire of emphasizing “not your keys, not your coins”.

Thanks for letting me know that, I really didn't know that and I just checked it and you are right! We'll it's true that there's a difference between the statistics of those two but still it's not bad to use both of it for comparison and cross referencing as both of them are reliable in my opinion.

Anyway I am just curious is there any other known cryptocurrency data aggregator than those two?

Those two exchanges, I had no doubt that they are among the top listing good exchanges in the market. But in my personal experience, I don't use those two; instead,
I use another exchange to convert my crypto profits to our fiat.

It may be good for others, but it is not possible for others because of the country they belong to, like me, because there are other exchange platforms that are more convenient to
use compared to the ones mentioned in this section.

I don't know why so many people say Coinbase, you know it only serves probably the most limited of all exchanges? That means more than half of this forum can't even use them.


Binance is almost available everywhere until recently and IMO still the one that majority can access.

Always hated Binance but can't deny it's the most useful for newbies in most countries. Don't know about 9 out of 10 but it's the biggest exchange for a reason.

There are a very large number of such ratings, but their quality is much lower compared to the above. But I believe that https://cryptorank.io not only is it not inferior to Coingecko and Coinmarketcap, but in some cases it surpasses them.

My country Philippines is one of the recent victim of restriction for using Binance service because they failed to acquire license even though they are bing notified for many years already.

But despite with this restriction, Binance is still the number 1 exchange in my country since the app is still not banned which users is now using instead of the website version.

I’m not sure why the OP keep using other exchange while ignoring the number one exchange in terms of trading volume and number of active traders.

You already know Kranken and Coinbase, why look for others. What is the reason why traders look out for so many exchanges when they can just stick with a few reputable ones. Are you an arbitration trader?

It is possible that he did Arbitration, But now if only using manual methods it will not work.

But maybe the OP needs more Exchange for him to try, or hasn't found the best one yet.
Or the country he does not provide full regulation on the exchange he uses.

I myself am more interested in Binance and Bitget for several reasons about P2P being easier and supporting my country's currency.

There are enough places to trade. You can definitely trade in different places if you want. Before trading you must first decide whether you want to trade alt coin or trade bitcoin. If you want to trade alt coin of course you can trade ethereum. The most reliable coin among alt coin is ethereum you can trade ethereum if you want.

     We can really say that it is a huge exchange and also a great help to communities here in the crypto space in terms of convection into fiat. So here in our country, we have recently had a problem because the Binance website is locked in our country, but the Binance apps are still accessible.

     It seems a bit late and tentative if Binance can continue the operation as a complete one as usual if our SEC gives our SEC permission to operate it legally. So for now, besides Binance and Bybit, this is OK with what I have used so far.

Our country can relate here, Binance which is the most popular exchange around the world and it has the biggest volume and it is being attacked by our government also. Right now, we really have a big issue between Binance and our country, because the country is telling us not to use Binance and they are banning it but Binance is not aware of or acknowledging it, so we, users will have some confusion.

So right now, selecting good exchange must be suit with you, always check regulations in your country and always read terms and conditions of the exhcange.

Once I used Bittrex and Poloniex as my first option to trade over any other. These were known as one of the renowned ones but Bittrex has already shut them down and the other one is hardly continuing. They were old giant but no longer, time changed the scenario and it happened after the popular exchange Binance's launching. From then till date, I have shifted to a few other alternatives but haven't stick to any of them after the FTX incident, lately, I have some faith in Bitget, Bybit, Kucoin, Gate etc. which operating smoothly although using Bitget mainly after the Kucoin money laundering crisis due to the reasons that they have additional User Protection Fund besides Reserve Fund.

All CEX will get attacked if they don't comply, it's as simple as that. Binance will be regulated and I think are already getting licenses in the last few places they're not chased out of. For example exited UK but now back in.

Don't get me wrong not supporting Binance I always said I dislike them but it's still a better fit to ask people to use it as a first exchange rather than Coinbase. Binance never held people's funds YET, while others already did.

Like I said, I prefer Binance, because the signals and the understanding of Binance interface, and Trading is more preferable for me, and I always understand any trading platform that look like Binance and the dashboard how it is and how the coins been listed it’s more understandable for me so I like when I used by Trading, so other ones are also better but I am just giving my own opinion Binance is good so I prefer using Binance a lot or sometimes I use Bybit

if you work as a trader or investor I think it make sense to choose the pair with most liquidity coming from various exchange, limiting yourself to one exchange just means that you limited yourself to opportunity, with abundance of liquidity means there's easier way you can trade and invest without worrying much about the price difference being too wide compared to the other exchanges also the pair with most liquidity usually are the ones that dictates the price.
the most popular in my opinion is binance, whatever coin listed there always having so big liquidity and sometime the difference in liquidity is so wide too compared with lesser liquid competitor that binance is having.
other alternative such as OKX and so on.
but you can settle well with binance since they also have various events and programs that helps trader earning aside from the profit they get.

I think my best exchanges are Binance, ByBit, and OKX.

But I've been exploring different exchanges lately, and I came across this really helpful site with list of exchanges: https://cryptolinks.com/cryptocurrency-exchange .

It helped me find the right exchange for my needs.

Definitely worth checking out if you're looking to switch or find a new exchange.

Binance, ByBit, Kucoin you can trade in these exchanges very easily, you can start your trade by looking at the minimum deposit here. Moreover, we know that currently the most popular and convenient exchange is Binance, you can easily trade here in your local currency through p2p. I currently use these three exchanges I find them to be the best and very easy to trade here, and they are the top exchanges. So I will suggest you to use these top exchanges for trading and p2p transactions, you can easily make your trade successful. Moreover, if you use these exchanges, there will be no risk, rather you will not face fraudsters, so it will definitely be good for you if you follow their rules and trade here.

I think that's the best means to put it. Where you can handle all your business  without having to upload all your concerns to a third party. Very few exchanges operate on these terms and in most cases, they aren't KYC free, they just attach limits to certain level of verification.

I think one exchange that is been advertised at the moment is the Peach. You might check it out if you will. I wasn't asked for KYC document and it comes with very simple steps to its creation. Mind you, be sure to follow through on the steps on how you can fund and sell your coins successfully. A memo would be available for briefing if you will.

About Binance, maybe some users here don't know that Binance is being targeted by the regulators.
Check your country and news there if Binance have been restricted or ban there because you trying to access the website might punish you.
I use them though but I just want to warn those members that are living in the countries that have an hot eye to Binance.

1. Since I see Binance being mentioned here, I must say I was never - ever - ever able to understand the UI / UX of the platform.  Yeah, I know, I may be lazy, but I feel like the exchange is so full of information, that I can't always find what I need.

Note:  I don't use it currently - it may have changed

2. If you want to use a CEX, give a try to some exchanges that are Bitcoin only. I am only aware of a few that work in Europe, but I am sure you can find some of these anywhere in the world.

Just look at the top exchanges on Coingecko or CoinMarketCap and just shop from the ones that appear; for sure, you will find something suitable for what you want and the criteria you are looking for. Actually, there are many trusted exchanges, one of which is Binance, which is the most popular exchange in the crypto business industry. 

And the others are Okx, Bybit, Bitget, Bitfinex, Bitmark, Crypto.com, and maybe just choose from this link that I will give you OP so you don't have much difficulty in your choice as long as the top 20 https://www.coingecko.com/en/exchanges

I have tested most of this exchanges and I love one thing about Binace which are quick update with anything new regarding any coin and withdrawal fees. Binance implemented segwit right before other exchanges upgraded their wallet, they didn't just do that for Bitcoin, they have it in Litecoin as well; If not that taproot isn't that popular yet, they would have done the same, the minimum deposit is small and withdrawal fees are small unless if the network is beyond what they can't handle for you.

I rated kucoin above Binance and others then but because they mandate all traders to verify their accounts, they join the government anti crypto space and I don't like them again. Bybit also did similar thing and the worst of their network is that they are still stuck with legacy addresses that will suck a lot of fees both in making deposit and withdrawals. Overall, I still prefer Binance but all these guys are too centralized for my liking.

At first, I thought this thread was about BestChange, which just recently closed their signature campaign after running their platform for 4.5 years. It turns out the OP is asking what we think is the best exchange. In my opinion, like the responses of others, it's Binance. I've been in the cryptocurrency industry for around 8 years and I've never had any problems with Binance since I started using it. It's also very easy to use. That's why I can really say that they are the best exchange for me. Bitget is something similar to Binance. I mentioned Bitget because right now it is my alternative once Philippines will ban Binance in near future.

Bestchange itself is not an exchange, is it? As far as I know bestchange is just like a place to find the best exchanges based on user's preferences. Anyway, talking about which one is the best exchange, I think I have to agree that Binance can be considered as one of the best. As long as I know, most traders also has their own favorite local exchanges. If you have bitget in your country, we have indodax and tokocrypto in Indonesia. These 2 exchanges are the most used exchange in my country because Indodax can be said as the first Indonesian exchange while tokocrypto is also known to be owned by binance.

If you come from the same country as me, there are two good exchanges for trading, Indodax and Tokocrypto. All local exchanges require us to complete KYC and for those who don't want KYC exchange, it means the desired exchange is not available.

Globally, Binance exchange is well known. But they also require KYC. Binance supports SegWit and Lightning. Use Binance with caution as in many cases they are not registered with the legal regulations [permits] of the country of operation.

This forum has many places to trade first you need to decide where you want to trade. You need to decide first whether you want to trade bitcoin or alt coin. If you want to do bitcoin then definitely you can get a lot of profit with bitcoin.  And if you want to trade alt coin of course you can trade alt coin on Ethereum. You can trade on Binance if you want. You are a newbie so I would like to advise you that whatever you trade before trading you must gain enough knowledge about the trade if you gain enough knowledge about it then you will get proper success from this trade in future.

OP said he is using coinbase and kraken which means he has no problem with KYC.

It can be said that among all the centralized exchanges , Binance is the best and most reliable despite recent incidents . Coinbase and kraken are the top 2 exchanges in the US and I think they're not too bad to use , but if the OP wants to find something better I'd still recommend Binance .

But there is a note that , even though these centralized exchanges are reputable and trustworthy , that doesn't mean they'll never collapse . So use them for what they were created for , which means CEX is only for buying, selling and exchanging . We should not misuse and abuse them such as using them to store our bitcoins or crypto assets .

All exchange are require with KYC regarding the government regulation and the exchange market won't their operation close if not adopt KYC for their all costumer. Currently has Kucoin not require with KYC but recently needed verifying account by uploading document ID if want trade or make withdrawal at Kucoin exchange.
For all local exchange are require KYC behind government regulation, I think for best exchange require KYC is not much problem because to make our account keep safety when some time got abnormal activities we can re KYC and our assets keep secure at the exchange market.  Binance have adopted this rule when abnormal activities require with resubmit KYC and protect our account or our assets keep secure in the exchange wallet.

         -   You are right when you say that this is mate, as long as we can use the exchange that is also a bit loose in the country we are in. The risk is also quite high when an exchange is not accepted in a country. So for the meantime, Okx, Bybit, Bitget, Mexc, these are just a few that can be used in my country.

Then coinmarketcap is there to know the top 10 exchanges so that somehow we can choose a good exchange in this field industry.

There are lot of exchanges in the cryptocurrency market now but not all are good to trade and some of them have fake and scam vendors. The ones that have fake and scam vendors in my country are Kucoin, Binance, bitget. And you know why I list those ones because their vendors that appear at the home page (first top 10) of the exchange platforms are just there to manipulate the economy of the exchange. And how are they manipulating the economy, but inflation their ads to a higher rate which they would not trade with you when you place order and all what they would do is to negotiate with you to reduce the price against their tag price on the platform.

So for now I don't k ow which of the exchanges is the best foe me to trade. For now I don't have any yet because the ones I was using too have left or delisted my country currency from the platform so. O way to trade

Despite of those attacks and pressure from the regulations, Binance still did a great job and stays on top. Unfortunately, my country banned Binance and its just a matter of time for us not to fully used Binance because our government is trying to support local crypto exchange instead and have a control over us. If you are looking for the exchanges, try to look for the best one available in your country to give you security and peace of mind.

Well, it's depends on you and where you have lived. Like in some countries, some exchanges are prohibited due to government regulations. Thus far, it also depends on you that which one is preferred like KYC or non-KYC. But anyway personally I prefer Binance and Binance requires KYC obligations. 
 
Binance is one of the most popular exchanges as well as having an easy interface to use and I think now days Binance exchanges are much better options than other exchanges for trade or something else. If you want to trade or something then Binance is good for you but you will have to know that Binance needs KYC. 
 
There are also many other exchanges, like OKX, KuCoin, Bybit etc. Everyone has their own pros and cons. If someone likes another exchange, that means he can pick up the option that is offered to him at his own expense. But my opinion is in favor of Binance, the rest should take a stand according to their knowledge.

Yes. I know.
For me, trading on an exchange that requires KYC to be able to carry out activities cannot be categorized as good because the purpose of people involving themselves with cryptocurrencies is for privacy even though real privacy is found in Bitcoin.

I think we already know what exchanges were created for. If you don't use exchange as intended, stupid is a reflection of that person.
The incident that happened at a well-known exchange can be a lesson that exchanges are not a place to put money.

Usually in these countries, it's not as risky as you think. I again mention about Indonesia and Philippines or Thailand for example. They may close down Binance but they won't seize funds.

And Binance has always paid out all customers even when exiting the country. This was seen in UK and other Europe countries.

And if you know how to use location access it can still progress :)

Hmm that's the key point bro that's the key point. You did a very good job to highlighting the critical point about privacy. 
 
I think it is one of the mistake that many people can underestimate. Although it can cause you to lose, Anyway OP, if you need a suggestion about the best exchange to trade so I have already elobrate it in a recent post but here is a point that I am concerned about: if you are storing your funds in exchanges instead of wallets, So I think you are adopting the dangerous path of keeping your fund on the exchange instead of in your wallet. Maybe you know this, if not, let me tell you a little bit you should never leave your funds on the exchange, no matter how secure it is, they can cheat you. For example, FTX is in front of you. 
 
So you should keep the amount of funds in the only trade account on which you trade, in addition, transfer your funds to a non-custodial wallet as suggested by Potato Chips.

Not everyone is in this market for privacy, most people are in it for profit because what does privacy mean if you are poor? So I don't see anything so bad about us using a centralized exchange. Everyone has different life choices and goals, we don't need to discriminate against each other just because they are different from us.
By the way, many people always talk about privacy but I seriously ask, how many people do not use centralized exchanges? Do you use them?

Like I said, let's use centralized exchanges for what they were created for, that way we can use them without worrying about anything.