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Topic: Which CEX to trade now after Kucoin new KYC requirment? (Read 396 times)

hero member
Activity: 2156
Merit: 803
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Now I know why Bitget was suddenly being promoted on most local boards. They have now launched their signature campaign to promote their platform. I believe after the cold forum promotion they might find out that their platform does not have any reputation. In order to improve it they are now going with signature campaign marketing. This strategy will only work if they continue this campaign in the long run. In the long run, I meant for a year or two @ananyabushra. If not then you would suffer as other platforms have in the past.

It seems that you are more into imagination considering you being here for a few years now. What you are trying to tell is that you were the ones who made them convince to start with your previous argument with ananyabushra. That is not the correct way to interrupt it as it is just an assumption. Like you there were others who made this user's life miserable on different boards, go through the user post history and you would find the answer. Anyways this is what is called marketing research and then implementation according to the feedback generated by research.
sr. member
Activity: 756
Merit: 390
Now I know why Bitget was suddenly being promoted on most local boards. They have now launched their signature campaign to promote their platform. I believe after the cold forum promotion they might find out that their platform does not have any reputation. In order to improve it they are now going with signature campaign marketing. This strategy will only work if they continue this campaign in the long run. In the long run, I meant for a year or two @ananyabushra. If not then you would suffer as other platforms have in the past.
sr. member
Activity: 910
Merit: 284
Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.


FYI, Bitget is not completely clean and you can see Bitget "Exposed" as "Chinese Scammers", Starts $100M Asia Web3 Fund, even though they are not completely scam exchange still their actions represent how much they can be trusted so I am willing to pay 4TRX more on better exchange like wazirx than on an exchange where we can potentially lose everything like bitget.

I am not really familiar with that altcoins because all I do trade is BTC/USDT/INR so this works well for me with this but if you are more of an altcoin trader then try choosing better exchanges like Huobi and MEXC.
member
Activity: 72
Merit: 36
Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.

Avoid WazirX If you want to keep your investment safe. They might suddenly leave and you would be in a position that you might not want to be.
full member
Activity: 448
Merit: 225
Quote from: Bitcoin Smith
snip

I know this "ninja technic" to withdraw for cheap but on wazirx the withdrawal fee is 5trx and on bitget, okx its 1trx,
Isn't its cheaper?, and on wazirx most of the tokens have disabled withdrawal option and some are on rapid listing.
sr. member
Activity: 910
Merit: 284
Also my binance account got blocked because of p2p trading dispute, I wanted to buy crypto but indian exchanges like wazirx don't has upi payment method and p2p prices are all high, they don't allow withdrawal after depositing through bank transfer or imps,etc. so I made account on 3 exchanges  today bybit,bitget,okx  all have very low fee to trade and allow derivative trading also, best p2p prices, low withdrawal fee, etc. I don't like indian exchanges seems like cheap.
I want to ask you that those exchanges support INR deposits?

Withdrawal fees differs from one to another so we can't do much but if you withdraw from TRON network the withdrawal fee will be around 5 TRX which is only 30INR very cheap compared to BTC withdrawal fee which will be around 1200-1500INR and this can be helpful if you withdraw from any exchanges not just wazirx.
full member
Activity: 448
Merit: 225
Also my binance account got blocked because of p2p trading dispute, I wanted to buy crypto but indian exchanges like wazirx don't has upi payment method and p2p prices are all high, they don't allow withdrawal after depositing through bank transfer or imps,etc. so I made account on 3 exchanges  today bybit,bitget,okx  all have very low fee to trade and allow derivative trading also, best p2p prices, low withdrawal fee, etc. I don't like indian exchanges seems like cheap.
hero member
Activity: 2156
Merit: 803
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But I think the problem with Bitget will be the volumes for many pairs. I saw CMC for Bitget it doesn't has that much volumes, so the problem will still be the same. yes you can do hold your coins and do some swing trading but intraday is going to be relatively difficult kn this platform. I would rather suggest go KYC if you have that big of portfolio to trade.

You cannot compare Bitget exchange with other big cryptocurrencies exchange. I did check the volume and effective pairs available on this exchange and found it to be satisfactory. Most traders want USDT and they have paired it with every cryptocurrency. With KYC if you can still make a buy and sell then it is good for anonymous trading. You still have the option of DEX like pancakeswap and uniswap but getting the same benefits and more from a centralized exchange is rare now days.
sr. member
Activity: 490
Merit: 279
Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalksearch.org/topic/m.62608585

Thanks.
Tysm for your support mate!
I had already shared the same link with him before, but he wasn't pleased with it at that time

Hey! Not an issue. Whenever you want to provide an information make sure to attach a link from where you found the information. Unless you do that you would encounter such issues on the forum.

Thanks.
jr. member
Activity: 64
Merit: 1
Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalksearch.org/topic/m.62608585

Thanks.
Tysm for your support mate!
I had already shared the same link with him before, but he wasn't pleased with it at that time
hero member
Activity: 2114
Merit: 619
Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalksearch.org/topic/m.62608585

Thanks.

I did go through the link you shared on the other thread. I clearly state that a $50k withdrawal is possible daily without any KYC. That is great to hear and I think they would continue this policy for a long time. I would keep an eye on their blog incase they change the KYC policy in the future. I did visit their telegram channel and found out that a lot of other features being offered by Bitget can be availed without KYC.

Thanks once again for the intelligent input to this thread.
But I think the problem with Bitget will be the volumes for many pairs. I saw CMC for Bitget it doesn't has that much volumes, so the problem will still be the same. yes you can do hold your coins and do some swing trading but intraday is going to be relatively difficult kn this platform. I would rather suggest go KYC if you have that big of portfolio to trade.
sr. member
Activity: 756
Merit: 390
Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalksearch.org/topic/m.62608585

Thanks.

I did go through the link you shared on the other thread. I clearly state that a $50k withdrawal is possible daily without any KYC. That is great to hear and I think they would continue this policy for a long time. I would keep an eye on their blog incase they change the KYC policy in the future. I did visit their telegram channel and found out that a lot of other features being offered by Bitget can be availed without KYC.

Thanks once again for the intelligent input to this thread.
sr. member
Activity: 490
Merit: 279
Bitget exchange does allow withdrawal of $50k to non KYC user. You can check my reply that I have left on the other thread by ananyabushra. I have submitted the correct link to the post that provides that information. They have not mentioned  that this service is restricted for Indian users. OP you can add this exchange on your list but you do need to keep a track as Bitget tends to change their policy quite often.

Reply link : https://bitcointalksearch.org/topic/m.62608585

Thanks.
sr. member
Activity: 756
Merit: 390
I learned it from Bitget's customer support. you might wanna ask them yourself to make sure. image link- https://imgur.com/a/luycIQ3
WTF! Why are you spamming my thread? If you want to add something to your reply then please use your past reply. Please don't just reply without understanding. I did check your link and found nothing. I did use the search feature and it came nil. If you can directly share your link that says trading is possible without KYC on the exchangethen do share direct link. I feel you are not an India but a Pakistani who got the opportunity to promote an exchange.
I don't get why you got so angry; just relax. I couldn't locate the exact announcement link, so I reached out to customer care, took a screenshot, converted it into a link, and shared it here. Maybe I shouldn't have bothered trying to help you if you're only going to get angry at people. You could have simply asked the CS instead of looking for links if you didn't want me to help you. However, I'm deleting the link and adding it to my previous text in case you need it (since you asked for it earlier).

If you do not have an understanding of how to reply on a forum thread then start learning it. When you cannot show written proof then do not bother helping anyone here. Screenshots can be edited and can be made according to anyone's requirements. I do not believe your claims that Bitget allows nonkyc trading. Unless you can provide me a direct link to their blog post about the same or any written information from them.
jr. member
Activity: 64
Merit: 1
I learned it from Bitget's customer support. you might wanna ask them yourself to make sure. image link- https://imgur.com/a/luycIQ3
WTF! Why are you spamming my thread? If you want to add something to your reply then please use your past reply. Please don't just reply without understanding. I did check your link and found nothing. I did use the search feature and it came nil. If you can directly share your link that says trading is possible without KYC on the exchangethen do share direct link. I feel you are not an India but a Pakistani who got the opportunity to promote an exchange.
I don't get why you got so angry; just relax. I couldn't locate the exact announcement link, so I reached out to customer care, took a screenshot, converted it into a link, and shared it here. Maybe I shouldn't have bothered trying to help you if you're only going to get angry at people. You could have simply asked the CS instead of looking for links if you didn't want me to help you. However, I'm deleting the link and adding it to my previous text in case you need it (since you asked for it earlier).
sr. member
Activity: 756
Merit: 390
I learned it from Bitget's customer support. you might wanna ask them yourself to make sure. image link- https://imgur.com/a/luycIQ3
WTF! Why are you spamming my thread? If you want to add something to your reply then please use your past reply. Please don't just reply without understanding. I did check your link and found nothing. I did use the search feature and it came nil. If you can directly share your link that says trading is possible without KYC on the exchangethen do share direct link. I feel you are not an India but a Pakistani who got the opportunity to promote an exchange.
jr. member
Activity: 64
Merit: 1
Bybit has recently introduced a mandatory KYC policy. I'm considering adding Bitget as an alternative. The advantage with Bitget is that there are no restrictions on trading without KYC; users without KYC can access the same features as those with KYC, including equal leverage facilities in futures. Presently, Bitget allows users to withdraw up to $50,000 on-chain without KYC, but I've heard they plan to increase this limit.

You are correct Bybit has eventually succumbed to KYC requirements. Can you send me the link where it states that you can use Bitget exchange without KYC? I checked their blog and found nothing.
Here's the link- I learned it from Bitget's customer support. you might wanna ask them yourself to make sure. image link- https://imgur.com/a/luycIQ3
sr. member
Activity: 756
Merit: 390
Bybit has recently introduced a mandatory KYC policy. I'm considering adding Bitget as an alternative. The advantage with Bitget is that there are no restrictions on trading without KYC; users without KYC can access the same features as those with KYC, including equal leverage facilities in futures. Presently, Bitget allows users to withdraw up to $50,000 on-chain without KYC, but I've heard they plan to increase this limit.

You are correct Bybit has eventually succumbed to KYC requirements. Can you send me the link where it states that you can use Bitget exchange without KYC? I checked their blog and found nothing.
jr. member
Activity: 64
Merit: 1
Bybit has recently introduced a mandatory KYC policy. I'm considering adding Bitget as an alternative. The advantage with Bitget is that there are no restrictions on trading without KYC; users without KYC can access the same features as those with KYC, including equal leverage facilities in futures. Presently, Bitget allows users to withdraw up to $50,000 on-chain without KYC, but I've heard they plan to increase this limit.
sr. member
Activity: 756
Merit: 390
Don't know what is OKEx, but I just created an account with OKX.com and they are enforcing KYC for both deposit & withdrawal. May be it is India specific as I chose country as India. Don't know the situation for old accounts.
Thanks for the information that you are facing a KYC issue on OKX. Since this thread was created to the Indian community I am going ahead and removing that exchange from the above list.
Bitfinex?
Bitfinex requires you to clear Basic Plus verification which means you would need to pass KYC.
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