KYC requirements vary dramatically between exchanges. Some require full identity verification for any transaction, while others allow limited trading with just an email.

When comparing exchanges on platforms like btc66.me, one overlooked factor is the privacy trade-off. Consider:

  • Which exchanges require the least personal data for basic functionality?
  • How do different jurisdictions affect what data exchanges must collect?
  • What happens to your KYC data if an exchange gets hacked or goes bankrupt?

For privacy-conscious users, the choice of exchange involves balancing convenience, fees, and data exposure. Some newer decentralized exchanges offer better privacy but often at the cost of liquidity and higher fees.

How do you balance privacy with practicality when choosing a crypto exchange?