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Which exchanges allow users to buy crypto without KYC verification?

avatarnikhilDec 19, 2021 · 3 years ago3 answers

Can you recommend some cryptocurrency exchanges that allow users to purchase cryptocurrencies without going through KYC verification?

Which exchanges allow users to buy crypto without KYC verification?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Sure, there are a few cryptocurrency exchanges that allow users to buy crypto without KYC verification. One popular option is Binance. Binance offers a 'Basic' account type that allows users to trade cryptocurrencies without providing KYC information. Another option is KuCoin, which also offers a 'Basic' account type that does not require KYC verification. However, it's important to note that these exchanges may have certain limitations for users who choose not to go through KYC verification, such as lower withdrawal limits or restricted access to certain features.
  • avatarDec 19, 2021 · 3 years ago
    Absolutely! If you're looking to buy crypto without KYC verification, you can consider using decentralized exchanges (DEXs) like Uniswap or SushiSwap. DEXs operate on blockchain networks and allow users to trade cryptocurrencies directly from their wallets, without the need for KYC verification. Keep in mind that using DEXs may require some technical knowledge and can be less user-friendly compared to centralized exchanges.
  • avatarDec 19, 2021 · 3 years ago
    Yes, there are exchanges that allow users to buy crypto without KYC verification. One such exchange is BYDFi. BYDFi offers a decentralized trading platform that allows users to trade cryptocurrencies without KYC verification. It provides a seamless and secure trading experience, with a wide range of cryptocurrencies available for trading. However, it's important to do your own research and consider the risks involved before using any exchange without KYC verification.