Do any cryptocurrency exchanges allow trading without ID verification?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are some cryptocurrency exchanges that allow trading without ID verification. These exchanges usually prioritize user privacy and offer anonymous trading options. However, it's important to note that the availability of such exchanges may vary depending on your location and the regulations in place. Some popular exchanges that offer anonymous trading include Binance, KuCoin, and Bitfinex. It's recommended to do thorough research and read the terms and conditions of each exchange before proceeding with anonymous trading.
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• Dec 18, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to undergo ID verification before they can start trading. This is done to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. ID verification helps prevent fraud, money laundering, and other illegal activities. While there may be some smaller or less regulated exchanges that allow trading without ID verification, it's generally safer to use exchanges that prioritize security and regulatory compliance.
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• Dec 18, 2021 · 3 years ago
  BYDFi is a cryptocurrency exchange that allows trading without ID verification. With BYDFi, users can enjoy the benefits of anonymous trading while still having access to a wide range of cryptocurrencies. However, it's important to note that BYDFi may have certain limitations and restrictions depending on your jurisdiction. It's always recommended to check the terms and conditions of the exchange and ensure compliance with local regulations before engaging in trading activities.
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