Tru3_N0rth on Nostr: Some reasons to consider not using centralised exchanges to accumulate your Bitcoin. ...

Some reasons to consider not using centralised exchanges to accumulate your Bitcoin.

You handover your details on the following:
- Government ID
- Residential address
- Email
- Phone number
- Employment info or, Source of Funds
- IP address
- OS type and version
- Browser type, version and language
- Monitor/display size and resolution
- Bitcoin addresses you withdraw to
- Bitcoin addresses you deposit from
- All your onchain movements are traced by default
- A detailed history of all your transactions (including fiat) is kept in perpetuity and available to any government agency that requests it