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/biz/ - Business & Finance


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19505872 No.19505872 [Reply] [Original]

As a burger I can only use a few shitty exchanges that offer very little variety of coins. I've used a couple international ones (Binance etc) using a VPN and ended up getting attached to them.

All I know is if one day I get the KYC message, I'm fucked.

Should I move all my assets off those exchanges and start trading on the shitty US ones or I am getting too paranoid about it all?

>> No.19505911
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19505911

>>19505872
yes

>> No.19505915

>>19505872
I use it with no vpn

>> No.19505978

>>19505872
You shouldn't have coins on exchanges at all. Tons of exchanges have been hacked over the years.
Keep your crypto in a (cold) wallet and move it to an exchange when you need to trade.

>> No.19506037

>>19505978

That's true, but I daytrade a lot so its unfortunately not very convenient for me.

>> No.19506060

>>19505978
Why cold? Whats wrong with trust wallet? Possibly the best wallet out there imo

>> No.19506073

I live in the u.s. and I've found it easy to trade using metamask, very few coins I actually don't have access to

>> No.19506104

Create accounts on metamask when and where you can.. then sometimes you'll have to use a normal browser to access the exchnages that you signed up through metamask.. idk.. im even able to use huoboki

>> No.19506108

>>19506037
Then at least diversify by using several different exchanges.
I know it's not as convenient as having everything in one place, but it's worth it imo. If you use say 5 exchanges then you will "only" lose 20% of your money to KYC.

>> No.19506161
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19506161

just use kucoin no kyc and 10x margin https://www.kucoin.com/ucenter/signup?rcode=c82Q6x

>> No.19507287 [DELETED] 

>>19505872
He hasn't taken the Uniswap/DyDx/Aave pill

>> No.19507304

>>19505872
>He hasn't taken the Uniswap/DyDx/Aave pill