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Author Topic: Which CEX to trade now after Kucoin new KYC requirment?  (Read 340 times)
teosanru
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July 27, 2023, 04:43:40 PM
 #21

Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalk.org/index.php?topic=5460478.msg62608585#msg62608585

Thanks.

I did go through the link you shared on the other thread. I clearly state that a $50k withdrawal is possible daily without any KYC. That is great to hear and I think they would continue this policy for a long time. I would keep an eye on their blog incase they change the KYC policy in the future. I did visit their telegram channel and found out that a lot of other features being offered by Bitget can be availed without KYC.

Thanks once again for the intelligent input to this thread.
But I think the problem with Bitget will be the volumes for many pairs. I saw CMC for Bitget it doesn't has that much volumes, so the problem will still be the same. yes you can do hold your coins and do some swing trading but intraday is going to be relatively difficult kn this platform. I would rather suggest go KYC if you have that big of portfolio to trade.
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ananyabushra
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July 28, 2023, 09:13:04 AM
 #22

Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalk.org/index.php?topic=5460478.msg62608585#msg62608585

Thanks.
Tysm for your support mate!
I had already shared the same link with him before, but he wasn't pleased with it at that time
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July 29, 2023, 09:57:56 AM
 #23

Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalk.org/index.php?topic=5460478.msg62608585#msg62608585

Thanks.
Tysm for your support mate!
I had already shared the same link with him before, but he wasn't pleased with it at that time

Hey! Not an issue. Whenever you want to provide an information make sure to attach a link from where you found the information. Unless you do that you would encounter such issues on the forum.

Thanks.

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July 31, 2023, 03:14:13 AM
Merited by Heisenberg_Hunter (1)
 #24

But I think the problem with Bitget will be the volumes for many pairs. I saw CMC for Bitget it doesn't has that much volumes, so the problem will still be the same. yes you can do hold your coins and do some swing trading but intraday is going to be relatively difficult kn this platform. I would rather suggest go KYC if you have that big of portfolio to trade.

You cannot compare Bitget exchange with other big cryptocurrencies exchange. I did check the volume and effective pairs available on this exchange and found it to be satisfactory. Most traders want USDT and they have paired it with every cryptocurrency. With KYC if you can still make a buy and sell then it is good for anonymous trading. You still have the option of DEX like pancakeswap and uniswap but getting the same benefits and more from a centralized exchange is rare now days.

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August 03, 2023, 08:59:13 AM
 #25

Also my binance account got blocked because of p2p trading dispute, I wanted to buy crypto but indian exchanges like wazirx don't has upi payment method and p2p prices are all high, they don't allow withdrawal after depositing through bank transfer or imps,etc. so I made account on 3 exchanges  today bybit,bitget,okx  all have very low fee to trade and allow derivative trading also, best p2p prices, low withdrawal fee, etc. I don't like indian exchanges seems like cheap.
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August 03, 2023, 09:41:21 AM
 #26

Also my binance account got blocked because of p2p trading dispute, I wanted to buy crypto but indian exchanges like wazirx don't has upi payment method and p2p prices are all high, they don't allow withdrawal after depositing through bank transfer or imps,etc. so I made account on 3 exchanges  today bybit,bitget,okx  all have very low fee to trade and allow derivative trading also, best p2p prices, low withdrawal fee, etc. I don't like indian exchanges seems like cheap.
I want to ask you that those exchanges support INR deposits?

Withdrawal fees differs from one to another so we can't do much but if you withdraw from TRON network the withdrawal fee will be around 5 TRX which is only 30INR very cheap compared to BTC withdrawal fee which will be around 1200-1500INR and this can be helpful if you withdraw from any exchanges not just wazirx.

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August 03, 2023, 10:20:30 AM
 #27

Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.
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August 03, 2023, 11:45:36 AM
 #28

Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.

Avoid WazirX If you want to keep your investment safe. They might suddenly leave and you would be in a position that you might not want to be.

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August 04, 2023, 06:30:53 AM
Merited by Heisenberg_Hunter (1)
 #29

Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.


FYI, Bitget is not completely clean and you can see Bitget "Exposed" as "Chinese Scammers", Starts $100M Asia Web3 Fund, even though they are not completely scam exchange still their actions represent how much they can be trusted so I am willing to pay 4TRX more on better exchange like wazirx than on an exchange where we can potentially lose everything like bitget.

I am not really familiar with that altcoins because all I do trade is BTC/USDT/INR so this works well for me with this but if you are more of an altcoin trader then try choosing better exchanges like Huobi and MEXC.

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elevates (OP)
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August 07, 2023, 02:22:24 PM
 #30

Now I know why Bitget was suddenly being promoted on most local boards. They have now launched their signature campaign to promote their platform. I believe after the cold forum promotion they might find out that their platform does not have any reputation. In order to improve it they are now going with signature campaign marketing. This strategy will only work if they continue this campaign in the long run. In the long run, I meant for a year or two @ananyabushra. If not then you would suffer as other platforms have in the past.
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August 07, 2023, 02:47:26 PM
 #31

Now I know why Bitget was suddenly being promoted on most local boards. They have now launched their signature campaign to promote their platform. I believe after the cold forum promotion they might find out that their platform does not have any reputation. In order to improve it they are now going with signature campaign marketing. This strategy will only work if they continue this campaign in the long run. In the long run, I meant for a year or two @ananyabushra. If not then you would suffer as other platforms have in the past.

It seems that you are more into imagination considering you being here for a few years now. What you are trying to tell is that you were the ones who made them convince to start with your previous argument with ananyabushra. That is not the correct way to interrupt it as it is just an assumption. Like you there were others who made this user's life miserable on different boards, go through the user post history and you would find the answer. Anyways this is what is called marketing research and then implementation according to the feedback generated by research.

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