Indeed, after a long wait, it has finally resumed services here in my country again following local regulations which forced them to enforce TDS on every transaction we made mainly on P2P and sell orders. But I know this resulted in many of us shifting to other major alternatives like Bitget, Bybit, Gate etc. These are very user-friendly with huge volumes.
When the platform turns to mandatory KYC exchange, it loses the advantage of being a global exchange that everyone can use, and therefore they must compete with local platforms and other KYCed exchanges.KUCOIN can compete during a bull market, but when the crypto winter comes, they may not be in a good position, so it is best to avoid trading with large amounts and withdraw your profits on an almost daily basis.
