Used them for a few years until they stopped supporting Canadians. Never had a problem; I mostly hold lesser-known tokens there
BTSE is one of the best exchanges right now
With all the fails and with CZ potentially facing jail time, 10 years for money laundering. I just can’t trust them
Jony said:
With all the fails and with CZ potentially facing jail time, 10 years for money laundering. I just can’t trust them
You’re making a lot of sense
Don’t trust Binance with any crypto you care about. They make poor decisions that hurt users. They operate more like a bank than most banks.
When the US started cracking down on KYC, they froze my account (opened in 2017) because some algorithm thought I lived in a no-crypto state. That’s not the case. I couldn’t get my BTC, which had been sitting there for years. I spent a year trying to get verified: sending ID, videos, SSN, etc. During verification, they even asked me to log in without a VPN, which really annoyed me.
Compare that with Kucoin. When they restricted US accounts, they made sure trading was restricted but withdrawals were not impacted. They did everything possible to help me access my funds
Didn’t the CEO get arrested for some fraud issues recently? Seems like Binance is really sketchy
In my view, yes. They now also ask for facial recognition for withdrawals. I get the security reasons, but it should be left up to the user
Oaklee said:
In my view, yes. They now also ask for facial recognition for withdrawals. I get the security reasons, but it should be left up to the user
Yeah, these seem like standard KYC procedures