FDSA
A- with a sum of BTC being 7 digits It would not be on an exchange vulnerable to an attack,many of the yield providers now allow the crypto to be held on a hard wallet separate from the provider and large sums like that obviously are handled differently,
B-Even so as far as the breach gaining my personal information ,, That is already happening with mainstream banking and trading firms Nov 2021 Robinhood trading lost millions of customer names, emails and info,,,,July 2021 Morgan Stanley lost it's corporate client personal information.
C- although I wouldn't want my personal info on Facebook,,, at the end of the day some exchanges offer a multi step process to withdraw funds, you can make it as difficult as you like with various phone connections, approved withdrawal whitelists etc. I am not on Facebook so I'm not sure what it takes to have that information removed and I would strengthen or change the details of how my accounts are accessed
Once again all this info is available for those who wish to learn via a simple google search,,
Correct me if I'm wrong FDSA who posted this but I'm guessing you don't own any crypto and have had nothing to do with the steps involved holding, transferring, logging into an exchange or any part whatsoever of the process?
Over the past year I continue to see the same old worn out questions asked in this Forum. This topic is a good example , of around 24 replies to this,,17 of them have no value to the topic at all, but it would take a few hours of watching decent content in regard to exchanges and KYC and few people want to make the effort,,, easier to bash crypto,, unfortunately this just takes away time that people could have spent actually learning something,,,, but that is what forums and social media are best at,,, eating up time,
Good Luck to all,, and FSDA, respectfully ,, you are obviously are not comfortable with KYC,,, simply don't get involved with it then, there is a multitude of articles available how you can do that,,, but you need to do the math.