The wonderful part of the Kucoin was it allowed me to hold even $1 worth of crypto, and it was cool. You could always withdraw something like NEAR Protocol to your near wallet (non-custodial ones) straightly from KuCoin, without paying much in fees. It was less than $0.02 for what I remember. If you want to take a look over the list for the withdrawal fees for different tokens on KuCoin, you can head to withdrawalfees.com. 

If I were to withdraw funds out of KuCoin, I would receive it in Polygon, or even near, if I got something small like a $1 amount to withdraw. For a big amount, I would take it in ethereum in my non-custodial wallet. People are taking out their funds from the exchange and are alternatively switching to other CEXs. But what I will have done here is I would have prioritized DEXs over the centralized ones.

Problems with DEXs

I know using DEXs will cost me even more fees for trade. But I can always use Polygon to significantly reduce the gas fees. Also, normal DEXs like Uniswap will never allow me in trading with leverages. So, I will make use of Perpetual DEXs here to solve the issue.

The only part that DEXs misses or will always miss is the ability to re-convert the crypto to fiat assets in your bank. I can’t convert my cryptocurrency into fiat or native currency using Uniswap or any DEXs. Maybe I could sell the crypto directly to friends or make use of bitcoin ATMs to convert my crypto into cash. It might be little bit harder this way and I might end up doing KYC anyway somewhere to trade crypto. Also, it might be tougher to file taxes for your funds while using this alternative, so people always end up using centralized exchanges at the end. 

Note: Take a look for data on:-

Withdrawal Fees: https://withdrawalfees.com