How can I trade cryptocurrencies without KYC verification?

3 answers

• Dec 18, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require KYC verification as part of their compliance measures. This is to ensure the security and legality of the transactions. However, there are some decentralized exchanges (DEX) that allow you to trade cryptocurrencies without KYC verification. These DEX platforms operate on blockchain technology and do not require users to provide personal information. Keep in mind that trading on DEX may come with certain risks, such as lower liquidity and limited trading pairs.
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• Dec 18, 2021 · 3 years ago
  Trading cryptocurrencies without KYC verification can be challenging, as most centralized exchanges prioritize user security and compliance with regulations. However, there are peer-to-peer (P2P) trading platforms that allow users to trade cryptocurrencies directly with each other without KYC verification. These platforms act as intermediaries, facilitating the trade between buyers and sellers. It's important to do thorough research and choose a reputable P2P platform to ensure a safe and secure trading experience.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the concerns about KYC verification and strive to provide a user-friendly trading experience. While we do require KYC verification for certain features and higher trading volumes, we also offer a basic trading option that allows users to trade cryptocurrencies without KYC verification. This option is suitable for users who prefer to maintain their privacy while trading. However, please note that KYC verification may be required for certain transactions or if suspicious activity is detected.
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