How can I send money without verification using digital currency?

3 answers

• Dec 17, 2021 · 3 years ago
  Unfortunately, most reputable digital currency exchanges and platforms require users to go through a verification process before they can send money. This is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there might be some peer-to-peer platforms or decentralized exchanges that allow users to send money without verification. Keep in mind that using such platforms may come with higher risks and lower security measures. It's important to do thorough research and consider the potential risks before using any platform without verification.
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• Dec 17, 2021 · 3 years ago
  Sending money without verification using digital currency can be risky and may not be recommended. Verification processes are in place to ensure the security of transactions and prevent fraudulent activities. It is advisable to use reputable exchanges and platforms that comply with regulations and prioritize user safety. If you are concerned about privacy, you can explore privacy-focused digital currencies that offer enhanced privacy features. However, it's important to note that even with these digital currencies, there may still be some level of verification required for certain transactions.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we understand that some users may prefer to send money without verification. However, as a regulated exchange, we prioritize the security and compliance of our platform. We require users to go through a verification process to ensure the safety of transactions and prevent fraudulent activities. This helps us maintain a trusted and secure environment for all our users. If you have any concerns or questions about the verification process, our support team is available to assist you.
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