BTC

[Alexan]

In the case where one gets to buy some BTC or BTC ETF using an exchange, it should be moved to a more secure offline wallet and key phrase should be stored properly so as not to fall into the wrong hands. Also is the fact of secrecy, as telling anyone close may hamper the safety of your coins/asset.
The P2p initiative has been more than effective in ensuring many purchase or trade with anonymity is secure and trustworthy. That's one why for the KYC verification so as to keep the system functioning effectively.