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Do any crypto exchanges allow trading without SSN verification?

avatarMalaika ImranDec 28, 2021 · 3 years ago3 answers

Are there any cryptocurrency exchanges that allow users to trade without requiring SSN verification?

Do any crypto exchanges allow trading without SSN verification?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are some cryptocurrency exchanges that allow trading without SSN verification. These exchanges typically prioritize user privacy and may require alternative forms of identification or verification. It's important to note that the availability of such exchanges may vary depending on your location and the specific regulations in place. It's recommended to research and compare different exchanges to find the one that best suits your needs.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require SSN verification as part of their Know Your Customer (KYC) procedures. This is done to comply with anti-money laundering (AML) regulations and to ensure the security of the platform. However, there are some decentralized exchanges (DEXs) that operate without the need for SSN verification. These DEXs allow users to trade directly from their wallets, without the need to create an account or provide personal information.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a cryptocurrency exchange that allows trading without SSN verification. With BYDFi, users can enjoy a seamless trading experience without the need to disclose their SSN. BYDFi prioritizes user privacy and security, while still complying with relevant regulations. Users can create an account and start trading within minutes, without the hassle of lengthy verification processes. BYDFi also offers a wide range of cryptocurrencies and trading pairs to choose from, ensuring a diverse and dynamic trading environment.