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What are the alternatives to Robinhood for trading cryptocurrencies without SSN?

avatarLocklear HendrixDec 29, 2021 · 3 years ago3 answers

Are there any other platforms similar to Robinhood that allow trading cryptocurrencies without providing a Social Security Number (SSN)? I am looking for alternatives that offer a similar user experience and convenience.

What are the alternatives to Robinhood for trading cryptocurrencies without SSN?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are several alternatives to Robinhood that allow trading cryptocurrencies without requiring an SSN. One popular option is Binance, which is one of the largest cryptocurrency exchanges in the world. Binance offers a wide range of cryptocurrencies to trade and has a user-friendly interface. Another alternative is Coinbase, which is a well-known and trusted platform for buying and selling cryptocurrencies. Coinbase also offers a mobile app for easy trading on the go. Additionally, you can consider using decentralized exchanges (DEXs) like Uniswap or Sushiswap, which do not require KYC (Know Your Customer) verification and allow you to trade directly from your wallet. These DEXs provide a high level of privacy and control over your funds.
  • avatarDec 29, 2021 · 3 years ago
    Sure, there are other options out there if you don't want to provide your SSN. One alternative is Kraken, a popular cryptocurrency exchange that offers a wide range of trading pairs and advanced features. Kraken has a strong focus on security and compliance, making it a trusted choice for many traders. Another option is Gemini, a regulated cryptocurrency exchange that offers a user-friendly platform and a variety of cryptocurrencies to trade. Gemini also provides insurance coverage for digital assets held on their platform, adding an extra layer of protection. If you're looking for a decentralized option, you can explore platforms like PancakeSwap or 1inch, which allow you to trade cryptocurrencies without KYC requirements. These platforms operate on decentralized networks and offer a different trading experience compared to centralized exchanges.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi is a great alternative to Robinhood for trading cryptocurrencies without SSN. It offers a user-friendly interface and a wide range of cryptocurrencies to choose from. BYDFi also provides advanced trading features and a secure platform for trading. You can easily sign up and start trading without the need for providing your SSN. With BYDFi, you can enjoy the benefits of trading cryptocurrencies without compromising your privacy.