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Are there any exchanges or wallets that allow buying crypto without KYC procedures?

avatarOzgur Tunca BeeSmartDec 28, 2021 · 3 years ago3 answers

I'm looking for exchanges or wallets that don't require KYC procedures to buy cryptocurrencies. Can anyone recommend any platforms that offer this option?

Are there any exchanges or wallets that allow buying crypto without KYC procedures?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are several exchanges and wallets that allow buying crypto without KYC procedures. One popular option is Binance, which offers a non-KYC option for users who want to trade small amounts of cryptocurrencies. Another option is decentralized exchanges like Uniswap, where users can trade crypto without KYC. However, it's important to note that KYC procedures are in place for a reason and provide security for both users and the platform.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! There are exchanges and wallets that offer the convenience of buying crypto without going through KYC procedures. For example, you can try using peer-to-peer trading platforms like LocalBitcoins or Paxful, where you can find sellers who are willing to trade crypto without KYC. Just make sure to do your due diligence and take necessary precautions to ensure a safe and secure transaction.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a decentralized exchange that allows users to buy crypto without KYC procedures. It provides a user-friendly interface and a wide range of cryptocurrencies to choose from. With BYDFi, you can enjoy the benefits of decentralized trading while maintaining your privacy. However, it's important to note that KYC procedures are in place to prevent illegal activities and protect users' funds. Always exercise caution and make informed decisions when trading crypto.