Are there any cryptocurrency exchanges that allow trading without KYC?
tanay boradeDec 28, 2021 · 3 years ago3 answers
Can anyone recommend any cryptocurrency exchanges where I can trade without going through the Know Your Customer (KYC) process? I'm looking for exchanges that prioritize user privacy and don't require personal identification.
3 answers
- Dec 28, 2021 · 3 years agoYes, there are a few cryptocurrency exchanges that allow trading without KYC. One popular option is Binance, which offers a basic account that allows users to trade up to 2 BTC per day without completing the KYC process. However, it's important to note that certain features and higher trading limits may require KYC verification. Another exchange that prioritizes user privacy is KuCoin, which allows users to trade without KYC up to certain limits. It's always recommended to do your own research and read the terms and conditions of each exchange before trading.
- Dec 28, 2021 · 3 years agoAbsolutely! If you value your privacy and don't want to go through the hassle of KYC verification, you can try decentralized exchanges (DEX) like Uniswap or SushiSwap. These DEX platforms allow you to trade directly from your wallet without the need for KYC. Just keep in mind that DEX platforms may have lower liquidity compared to centralized exchanges, so you may need to be patient when placing orders.
- Dec 28, 2021 · 3 years agoYes, there are cryptocurrency exchanges that allow trading without KYC. One such exchange is BYDFi, which prioritizes user privacy and doesn't require KYC verification. However, it's important to note that BYDFi is a relatively new exchange and may have lower trading volumes compared to more established exchanges. It's always a good idea to do your own research and consider the risks before trading on any exchange.
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