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TagsWhat are the steps to buy cryptocurrency without revealing personal information?
Foged GuyDec 28, 2021 · 3 years ago3 answersI want to buy cryptocurrency but I don't want to reveal my personal information. What are the steps I can take to ensure my privacy while purchasing cryptocurrency?
3 answers
- One option to buy cryptocurrency without revealing personal information is to use a decentralized exchange (DEX) such as Uniswap or PancakeSwap. These platforms allow you to trade directly from your wallet without the need for KYC (Know Your Customer) verification. However, keep in mind that using DEXs may have higher fees and lower liquidity compared to centralized exchanges.Dec 28, 2021 · 3 years ago
- Another option is to use a peer-to-peer (P2P) trading platform like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade and potentially avoid KYC requirements. However, be cautious when trading with unknown individuals and always use escrow services for added security.Dec 28, 2021 · 3 years ago
- At BYDFi, we offer a unique solution for buying cryptocurrency without revealing personal information. Our platform utilizes advanced privacy protocols and allows users to make anonymous transactions. With BYDFi, you can enjoy the benefits of buying cryptocurrency while maintaining your privacy.Dec 28, 2021 · 3 years ago
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