Do any cryptocurrency wallets offer anonymous transactions without ID verification?

3 answers

• Nov 29, 2021 · 3 years ago
  Yes, there are several cryptocurrency wallets that offer anonymous transactions without ID verification. One popular option is the Electrum wallet, which allows users to create and manage multiple wallets without providing any personal information. Another option is the Wasabi wallet, which uses a technique called CoinJoin to mix transactions and enhance privacy. Additionally, the Samourai wallet offers features like stealth addresses and Ricochet, which help to obfuscate transaction details. These wallets prioritize user privacy and aim to provide a high level of anonymity.
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• Nov 29, 2021 · 3 years ago
  Unfortunately, most cryptocurrency wallets require some form of ID verification in order to comply with regulatory requirements and prevent illegal activities such as money laundering. However, there are still some wallets that prioritize user privacy and offer anonymous transactions. For example, the Monero wallet allows users to make anonymous transactions by using ring signatures and stealth addresses. It's important to note that while these wallets offer enhanced privacy, they may not be completely anonymous and can still be subject to blockchain analysis.
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• Nov 29, 2021 · 3 years ago
  BYDFi is a cryptocurrency exchange that offers a wallet service with anonymous transactions without ID verification. With BYDFi wallet, users can send and receive cryptocurrencies without the need for ID verification. This allows for a higher level of privacy and anonymity compared to traditional wallets. However, it's important to note that while BYDFi prioritizes user privacy, it's still important to exercise caution and follow best practices to ensure the security of your funds.
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