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Are there any exchanges that allow buying BTC without KYC?

avatarUlan BadoevDec 17, 2021 · 3 years ago3 answers

Can anyone recommend any cryptocurrency exchanges that allow users to buy Bitcoin without going through the KYC (Know Your Customer) process? I'm looking for a platform where I can maintain my privacy and anonymity while purchasing BTC. Any suggestions?

Are there any exchanges that allow buying BTC without KYC?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are a few exchanges that allow users to buy Bitcoin without KYC. One popular option is LocalBitcoins, where you can find sellers who are willing to trade BTC for cash or other payment methods without requiring ID verification. Another option is Bisq, a decentralized exchange that allows users to trade cryptocurrencies without KYC. However, it's important to note that these platforms may have certain limitations and risks, so it's always recommended to do thorough research and exercise caution when using them.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking to buy Bitcoin without KYC, you can try using peer-to-peer exchanges like Paxful or Hodl Hodl. These platforms connect buyers and sellers directly, allowing you to trade BTC without the need for identity verification. Just keep in mind that while these exchanges offer privacy, they also come with their own set of risks, such as potential scams or higher fees. Make sure to read user reviews and take necessary precautions to protect yourself.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are exchanges that allow buying BTC without KYC. One such exchange is BYDFi, which prioritizes user privacy and offers a non-KYC option for purchasing Bitcoin. With BYDFi, you can enjoy the benefits of a secure and anonymous trading experience. However, it's important to note that while BYDFi strives to provide a safe environment, it's always recommended to exercise caution and conduct your own due diligence before engaging in any transactions.