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Are there any well-known crypto exchanges where I can trade without KYC?

avatarMurodjon SolijonovDec 26, 2021 · 3 years ago3 answers

I'm looking for well-known cryptocurrency exchanges where I can trade without going through the KYC (Know Your Customer) process. Can anyone recommend any exchanges that offer this option? I want to maintain my privacy and avoid sharing personal information. Any suggestions?

Are there any well-known crypto exchanges where I can trade without KYC?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Yes, there are several well-known crypto exchanges where you can trade without KYC. One popular option is Binance. They offer a basic account that allows you to trade without providing personal information, although there are some limitations on withdrawal amounts. Another option is KuCoin, which also offers a non-KYC trading option. However, it's important to note that while these exchanges may not require KYC for trading, they may still have KYC requirements for certain services or higher withdrawal limits. It's always a good idea to check the specific requirements of each exchange before trading.
  • avatarDec 26, 2021 · 3 years ago
    Absolutely! If you're looking to trade without KYC, you can consider using decentralized exchanges (DEX) like Uniswap or SushiSwap. These DEX platforms operate on smart contracts and don't require users to go through the KYC process. However, keep in mind that DEX platforms may have lower liquidity compared to centralized exchanges, so it's important to do your own research and understand the risks involved.
  • avatarDec 26, 2021 · 3 years ago
    Yes, there are crypto exchanges that offer trading without KYC. One such exchange is BYDFi. They prioritize user privacy and allow trading without KYC. However, it's important to note that while KYC may not be required, BYDFi still implements strict security measures to ensure the safety of user funds. It's always recommended to do your own due diligence and research before using any exchange, even if they claim to offer trading without KYC.