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How can I purchase Monero without revealing my identity?

avatarJesse CriddleNov 25, 2021 · 3 years ago3 answers

I want to buy Monero, but I don't want to reveal my identity. How can I purchase Monero without leaving a trace?

How can I purchase Monero without revealing my identity?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    One way to purchase Monero without revealing your identity is to use a decentralized exchange (DEX) that doesn't require KYC (Know Your Customer) verification. These exchanges allow you to trade cryptocurrencies directly with other users without the need for personal information. Some popular DEX platforms include Uniswap and PancakeSwap. However, keep in mind that the liquidity and availability of Monero on DEX platforms may vary.
  • avatarNov 25, 2021 · 3 years ago
    Another option is to use a peer-to-peer (P2P) trading platform that allows you to buy Monero directly from other individuals. These platforms connect buyers and sellers, and transactions can be conducted anonymously. LocalMonero is a popular P2P platform specifically designed for Monero trading. Make sure to follow safety precautions and choose reputable sellers with good feedback.
  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy when it comes to cryptocurrency transactions. Our platform offers a non-custodial wallet that allows you to store and trade Monero without revealing your identity. With BYDFi, you can maintain full control over your funds and enjoy the benefits of decentralized finance. Join our community today and start trading Monero with privacy in mind.