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How can I purchase crypto without revealing my identity?

avatarJulianne FarlowNov 23, 2021 · 3 years ago3 answers

I want to buy cryptocurrency but I don't want to reveal my identity. How can I do that?

How can I purchase crypto without revealing my identity?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    One option to purchase crypto without revealing your identity 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 DEXs may have lower liquidity and higher fees compared to centralized exchanges.
  • avatarNov 23, 2021 · 3 years ago
    If you value your privacy and want to purchase crypto without revealing your identity, you can consider using 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 make payments without disclosing personal information. Just be cautious and choose reputable traders with good feedback to ensure a safe transaction.
  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy when it comes to purchasing crypto. That's why we offer a feature called 'Anonymous Trading' which allows you to buy crypto without revealing your identity. With Anonymous Trading, your personal information is kept confidential and you can enjoy a seamless trading experience. Simply sign up for an account on BYDFi and enable the Anonymous Trading feature to get started.