with do all respect , i stopped with KYC after the hack of some exchange , where you personal id lays on the street ...
Exactly. This was a long orchestrated scam. Now they not only have your coins, the fees for re-listing from already burnt Cryptopia victims, and the KYC data.
This kyc things is headache to all traders even a small capital traders dont want to do this.
As i remember there is a minimum widrawal to exchange even you dont make a kyc. 2btc daily limit without kyc is normal in exchange back in 2016-2018 but more of exchange now is required to make a kyc .
bittrex also do the same requirements i remember i recieve an email with kyc thing in bittrex since i dont have balance in that exchange any more ill never do that thing.
indeed, if i am honest , i dont care if they ask my kyc info i would give it to them, but i dont trust them..
btw not only with exchanges, i am skeptical when i have to give my personal id via the net...
Then how you do consider on giving out your personal info when you do apply a job? Its just the same where we cant trust anyone for them to keep up our infos/documentation.
We do remember those past exchangers like Poloniex bought by circle and comes heavy centralized exchange.Its reputation dips down and been replaced on most exchangers
we are currently seeing now.Same goes with this Novaexchange as i read up above it does also require small traders? They should at least take a look on whats Binance been doing.