Of course, such an act really need verification. That's money we're talking about, let's just compare to other sites that you really need a full verification of your address, information, past bill accounts, identifications etc.
you're like if they ask for verification, if something happen they will give ur money back !, and that's not true, a lot of people lost their money because of verification on poloniex and bittrex. Decentralized exchanges are more secure than centralized. We are living in cryptoworld. when people suppose to be their own bank.
well, this is sadly not true. Last week we experienced already how the decentralized Exchange Service Etherdelta get hacked. Decentralized Platforms need still to be fixed their security systems.
Only DNS Hacked, and people was able to use smart contract to move their money using myethereumwallet in that situation, can you that with centralized exchange with all that bullshit of verification !! you benefit nothing of get verified by ID, they only use that to control you.
My point is, in crypto space where all coins base on concept of anonymous why do we need verification process!?
To meet KYC requirements for example.
No matter how much early btc adepts are talking about anonymity, crypto adherence end etc., let's admit that it's only the matter of money.
Exchanges' founders are totally under control of
cash flow hence they will implement and obey any rules, enacted legislation enforced by the govs.
They actually didn't give a darn to your anonymyty.
