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One of the biggest problems a person will ever face in the crypto space especially in the case of altcoins is diving into investment. Without gaining proper knowledge. When we talk about knowledge, we are not only referring to things relating to trading but rather more of how to secure your crypto holdings and also how to Identify to right coins to invest in to avoid falling for pump and dump schemes.
Most well established and reputable exchanges you are referring to make use of KYC for their verification and as a crypto investor who is cautious about his privacy and personal data, you would most likely skip making use of exchanges and stick to P2P where there would be no need to share and personal data for a KYC verification.
One of the major knowledge newbies really need is how to secure their investment by getting to know a reputable exchange that has passed the test of time and has good projects listed on. From experience, before i started using Bingx I have invested in some exchange just like FTX, I ended up losing all my assets. I would advice anyone to be careful with their choice of exchangeQuote
Use reputable exchanges: Choose well-established and secure exchanges
Most well established and reputable exchanges you are referring to make use of KYC for their verification and as a crypto investor who is cautious about his privacy and personal data, you would most likely skip making use of exchanges and stick to P2P where there would be no need to share and personal data for a KYC verification.
