Are there any exchanges that allow buying crypto without KYC?
afsar malikDec 18, 2021 · 3 years ago6 answers
Can anyone recommend any cryptocurrency exchanges that allow users to buy crypto without going through the KYC (Know Your Customer) process? I'm looking for a platform that doesn't require personal identification documents and offers a hassle-free experience for purchasing cryptocurrencies.
6 answers
- Dec 18, 2021 · 3 years agoSure, there are a few exchanges that allow buying crypto without KYC. One popular option is LocalBitcoins. It's a peer-to-peer marketplace where you can find sellers who accept cash or other payment methods without requiring KYC verification. Just be cautious and make sure to choose reputable sellers with good feedback.
- Dec 18, 2021 · 3 years agoYes, there are exchanges that don't require KYC for buying crypto. One such exchange is Hodl Hodl. It's a decentralized peer-to-peer trading platform that allows users to trade directly with each other without the need for KYC verification. It offers a secure escrow service to protect both buyers and sellers.
- Dec 18, 2021 · 3 years agoBYDFi is a decentralized exchange that allows users to buy crypto without KYC. It's built on the Binance Smart Chain and offers a seamless and anonymous trading experience. Users can connect their wallets and start trading without any personal identification requirements. However, it's always recommended to do your own research and exercise caution when using any exchange.
- Dec 18, 2021 · 3 years agoAbsolutely! There are exchanges that prioritize user privacy and don't require KYC. Bisq is one such exchange. It's a decentralized platform that allows users to trade cryptocurrencies without the need for KYC verification. It offers a secure and private trading environment by utilizing a peer-to-peer network.
- Dec 18, 2021 · 3 years agoDefinitely! Some exchanges understand the importance of privacy and offer options for buying crypto without KYC. Coinmama is one such exchange. It allows users to buy cryptocurrencies with a credit card without going through the KYC process. However, keep in mind that there might be certain limitations on the amount you can purchase without KYC verification.
- Dec 18, 2021 · 3 years agoYes, there are exchanges that don't require KYC for buying crypto. One example is Changelly. It's a non-custodial instant cryptocurrency exchange that allows users to buy crypto with a credit card without the need for KYC verification. It offers a simple and user-friendly interface for hassle-free purchases.
Related Tags
Hot Questions
- 99
Are there any special tax rules for crypto investors?
- 94
What are the tax implications of using cryptocurrency?
- 88
What are the advantages of using cryptocurrency for online transactions?
- 53
How does cryptocurrency affect my tax return?
- 44
How can I buy Bitcoin with a credit card?
- 42
How can I minimize my tax liability when dealing with cryptocurrencies?
- 40
What are the best practices for reporting cryptocurrency on my taxes?
- 37
How can I protect my digital assets from hackers?