I am new to the Crypto world and have a question regarding KYC/NKYC.
I reside in Ontario (Canada). Based on the rules here the exchange has to KYC. I opened a crypto.com with KYC and have a DeFi wallet setup with them.
Question 1. Can I transfer my crypto to the wallet and then transfer that fund to an external wallet then to a NKYC exchange. And if I do this will crypto.com still report what has been transfered in and out of its DeFi wallet?
Or
Question 2a. Should I look for a NKYC and deposit my fiat directly into there and transfer crpto to an external wallet? If so, does anyone have any recommendations on most trustworthy NKYC exchanges?
Question 2b. If I do this how would I withdraw my crypto without going through a KYC exchange when I want out of the market?
I'm new and this all might sound stupid. Ape here. Ape love ape.
EDIT: Thank you to all that have contributed in the conversation. I've learned a lot and looking forward to learning even more as the months go on. I am psyched to know that this community is vibrant and I will not hesitate to ask anything else that comes to mind. Cheers to all!
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