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Are there any popular crypto exchanges that do not require KYC?

avatarDrishtitaDec 18, 2021 · 3 years ago3 answers

Can you recommend any well-known cryptocurrency exchanges that do not require Know Your Customer (KYC) verification?

Are there any popular crypto exchanges that do not require KYC?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Sure! One popular crypto exchange that does not require KYC verification is Binance. It allows users to trade cryptocurrencies without the need to provide personal identification documents. However, please note that Binance has recently implemented KYC requirements for certain activities and higher withdrawal limits. So, it's always a good idea to check their latest policies before trading.
  • avatarDec 18, 2021 · 3 years ago
    Absolutely! You can try using decentralized exchanges (DEX) like Uniswap or PancakeSwap. These platforms operate on blockchain technology and do not require KYC verification. However, keep in mind that DEXs may have lower liquidity compared to centralized exchanges, and you need to be cautious while trading on them.
  • avatarDec 18, 2021 · 3 years ago
    Yes, there are crypto exchanges like BYDFi that do not require KYC verification. BYDFi is a decentralized exchange built on the Binance Smart Chain, offering users the ability to trade cryptocurrencies without KYC requirements. It provides a user-friendly interface and a wide range of trading pairs. However, it's important to note that decentralized exchanges may have different risks compared to centralized exchanges, so always do your own research and exercise caution when trading.