Advice to use regulated ones and dont focus so much on 'keling sou' charges of petty 1%-2%-3% . Also if you think this petty 2%-3% is too much for you to take in, then you should not be in crypto in the first place because daily volatility can go up to 5%-500%. If you're into it for long term it doesn't matter this small losess...

Moving forward Luno might implement travel rule on the exchange, also they keep track of all your tradings and buying and selling and converting into bank. If you're doing it the legit way, converting back to cash later on is easy and all paperwork is in Luno itself that you're able to show as record and auditing.

I myself already lose more than 10k in fees for last few years, but I still used regulated exchanges. Because if you're in for the long run, you're still earning... and you have peace of mind whenever you want to cash out...