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Where can I buy cryptocurrency without KYC?

avatarnitin pathadeNov 28, 2021 · 3 years ago3 answers

I'm looking for a place to buy cryptocurrency without going through the KYC (Know Your Customer) process. Can anyone recommend any platforms or exchanges that allow me to do so?

Where can I buy cryptocurrency without KYC?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! There are a few options available for buying cryptocurrency without KYC. One popular choice is decentralized exchanges (DEXs) like Uniswap or PancakeSwap. These platforms allow you to trade directly from your wallet without the need for KYC verification. However, keep in mind that DEXs may have lower liquidity and higher fees compared to centralized exchanges.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! If you're looking for a more traditional exchange, you can try using Binance. While Binance does require KYC verification for certain features, they also offer a 'Basic' account option that allows you to trade without completing the KYC process. Just keep in mind that there may be some limitations on withdrawal amounts and trading volume for Basic accounts.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi is a popular decentralized finance (DeFi) platform that allows you to buy cryptocurrency without KYC. It offers a wide range of tokens and liquidity pools for users to trade without the need for KYC verification. Simply connect your wallet and start trading! However, always do your own research and exercise caution when using any platform, including BYDFi, to ensure the safety of your funds.