Just logged in on my Binance account created maybe 4 years ago and they are now asking for a lot of information (like a bank). I have little money on there but I'm not sure I can trade or even take the money out without doing their KYC.
Thought I would ask
1) Should I do their KYC or just move to another exchange (to send payments swiftly. I don't trade often, but more so buy, hold and pay third parties from time to time). Is an exchange the best for that? Ideally an exchange insulated from US/EU in the long term.
2) What is the best cryptocurrency for payments (fast and cheap) nowadays? I know that I was paying a LOT in fees if I were to pay with BTC or ETH a few years ago.
Thought I would ask
1) Should I do their KYC or just move to another exchange (to send payments swiftly. I don't trade often, but more so buy, hold and pay third parties from time to time). Is an exchange the best for that? Ideally an exchange insulated from US/EU in the long term.
2) What is the best cryptocurrency for payments (fast and cheap) nowadays? I know that I was paying a LOT in fees if I were to pay with BTC or ETH a few years ago.
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