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Are there any exchanges that allow buying crypto with fiat without KYC?

avatarBashar70Dec 17, 2021 · 3 years ago7 answers

Can anyone recommend any cryptocurrency exchanges that allow users to buy cryptocurrencies with fiat currency without the need for Know Your Customer (KYC) verification?

Are there any exchanges that allow buying crypto with fiat without KYC?

7 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are a few exchanges that allow users to buy cryptocurrencies with fiat without KYC verification. One popular option is LocalBitcoins. It's a peer-to-peer marketplace where you can find sellers who accept fiat currency and are willing to trade for cryptocurrencies. However, it's important to note that while LocalBitcoins doesn't require KYC verification, individual sellers may have their own requirements. So make sure to read their terms and conditions before making a trade.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking for an exchange that doesn't require KYC verification, you might want to check out Hodl Hodl. It's a global peer-to-peer cryptocurrency exchange that allows users to trade directly with each other without the need for KYC. It offers a wide range of cryptocurrencies and supports various fiat currencies. Just keep in mind that Hodl Hodl operates as an escrow service, so you'll need to create an account and follow their guidelines to ensure a secure transaction.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there is an exchange called BYDFi that allows users to buy cryptocurrencies with fiat without KYC verification. BYDFi is a decentralized exchange built on the Binance Smart Chain, offering a wide range of cryptocurrencies for trading. It prioritizes user privacy and does not require KYC verification. However, it's important to do your own research and ensure that BYDFi meets your specific needs and requirements before using it for trading.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! If you're looking for a hassle-free way to buy cryptocurrencies with fiat without KYC verification, you might want to consider using Bisq. It's a decentralized peer-to-peer exchange that allows users to trade directly with each other without the need for KYC. Bisq supports a variety of cryptocurrencies and fiat currencies, making it a convenient option for anonymous trading. Just keep in mind that as with any exchange, it's important to exercise caution and conduct thorough research before making any transactions.
  • avatarDec 17, 2021 · 3 years ago
    Of course! If you're interested in buying cryptocurrencies with fiat without KYC verification, you should check out Paxful. It's a peer-to-peer marketplace where users can buy and sell cryptocurrencies using various payment methods, including fiat currency. While Paxful doesn't require KYC verification for all users, certain trade volumes or payment methods may trigger the need for verification. So it's always a good idea to familiarize yourself with their terms and conditions before getting started.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking for an exchange that allows you to buy cryptocurrencies with fiat without KYC verification, you might want to explore the options provided by the decentralized exchange Uniswap. Uniswap operates on the Ethereum blockchain and allows users to trade directly with each other without the need for KYC. It offers a wide range of cryptocurrencies and provides a user-friendly interface for seamless trading experiences. However, it's important to note that Uniswap is primarily designed for experienced users familiar with decentralized finance (DeFi) protocols.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there are exchanges that allow buying crypto with fiat without KYC. One such exchange is Changelly. It's a non-custodial instant cryptocurrency exchange that enables users to buy cryptocurrencies with fiat using a credit card. While Changelly doesn't require KYC for small transactions, larger transactions may trigger the need for verification. So it's always a good idea to check their terms and conditions before making any trades.