With so many exchanges out there, how do you choose which one is right for you? Apart from obvious location limitations and the fact you may want to trade an obscure currency that isn’t listed in most of the available platforms, let’s try to see how to choose between two of the most popular exchanges on the web.
Binance is based in Hong Kong. It does not require an ID unless you want to have a higher level of membership; so unless you need that, you may maintain your anonymity.
Kucoin is also based in Hong Kong. Actually, both platforms were originally from China but had to move after the government crackdown on cryptocurrencies.
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