Better to use a standard platform or a crypto exchange without kyc

[Lamar]

I recently started more actively transferring some of my savings into cryptocurrency. Almost immediately, I was faced with the question: should I stay on a regulated platform that requires documents and selfies, or try a cryptocurrency exchange without KYC? This isn't a rhetorical question, I'm genuinely unsure where the risk lies.

[Abbey]

Lost nearly a week once waiting for identity verification to clear on a standard platform, and that was during a period when rates were moving fast. The delay cost me more than any fee would have. Regulated does not automatically mean convenient or even safer from a practical standpoint, at least in my experience.

[sabr]

Some time ago, I switched to non-custodial swaps precisely because KYC verification issues were constantly slowing things down at the most inopportune moments. The main problem is that without registration, you retain complete control over the transaction from start to finish, and the exchange never holds your funds. Anyone currently comparing options should consider crypto exchange https://godex.io/