Crypto exchangers and kyc

[tosmartak]

Is anyone know there is any crypto exchangers who dont ask kyc ??

Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.

To me I won't advice you to go for an Exchanger that is less secure KYC is a good part in the take your funds are been secured and it's you details alone that can be used to access them. Exchanger KYC let's say it makes them get to know the individual's coming in their Exhcanger for business. But mindful of EXCHANGERs you exposed your identity to.

Well, is it not the exposure of identity that the whole thing is all about. The main idea is to curb money laundering, so I do not see any problem with that. Do something fishy and then you get caught, stay by the rules and you have nothing to worry about. It is all part of regulation process, take it or leave it, that is one thing that I am sure that as this space keeps getting more matured, this is something we will get to see more of.

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[rjsmith]

Kyc is not a bad idea to me.but I think there are so many  exchanges sites you can use without doing.for example, CEX provides a high level of security to its users.

[fasdorcas]

I think kyc in crypto exchanges should be encouraged because it create room to know customer identity very well

Basically, the essence of KYC is for anti-money laundering policies, which is a normal thing to put in place when it comes to a financial space and looking at the way people can take advantage of the space to launder money from fiat and the likes.

One way or the other, I see KYC as something that will eventually end up becoming a thing generally in the cryptocurrency space as the space gets a lot matured. So as a person, it is only left for you if you want to go all the way knowing the things you get to gain anyway, or you want to stay out.