Play safely. There are two issues that ACE needs to understand:
1. If you only store assets on an international exchange without trading, there will be no penalty (is ACE really going to declare that there is a transaction?). This is usually dealt with when there is a related case, for example, if ACE is involved in a certain case and is brought up. This directly affects P2P on the exchange because the authorities trace through the bank and they will find out.
Solution: when you want to cash out, transfer from the exchange to a non-KYC wallet like Trust, Meta, etc., and then transfer back to the VN exchange to cash out.
2. It takes 6 months from the initial licensing to begin processing, and currently, no exchanges have been licensed, which probably makes everyone anxious.
1. If you only store assets on an international exchange without trading, there will be no penalty (is ACE really going to declare that there is a transaction?). This is usually dealt with when there is a related case, for example, if ACE is involved in a certain case and is brought up. This directly affects P2P on the exchange because the authorities trace through the bank and they will find out.
Solution: when you want to cash out, transfer from the exchange to a non-KYC wallet like Trust, Meta, etc., and then transfer back to the VN exchange to cash out.
2. It takes 6 months from the initial licensing to begin processing, and currently, no exchanges have been licensed, which probably makes everyone anxious.
