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Are there any exchanges that allow buying cryptocurrency without KYC?

avatarLuke SteventonDec 30, 2021 · 3 years ago3 answers

Can you recommend any cryptocurrency exchanges that allow users to buy cryptocurrencies without going through the KYC process?

Are there any exchanges that allow buying cryptocurrency without KYC?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, there are several cryptocurrency exchanges that allow users to buy cryptocurrencies without KYC. One popular option is LocalBitcoins, which is a peer-to-peer platform that connects buyers and sellers directly. Another option is Bisq, a decentralized exchange that allows users to trade cryptocurrencies without the need for KYC. However, it's important to note that these exchanges may have certain limitations and risks, so it's always advisable to do thorough research and exercise caution when using them.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! If you're looking to buy cryptocurrencies without going through the KYC process, you can try using decentralized exchanges like Uniswap or SushiSwap. These platforms allow users to trade cryptocurrencies directly from their wallets without the need for KYC verification. Just keep in mind that decentralized exchanges may have lower liquidity compared to centralized exchanges, so it's important to consider the trade-offs before making a decision.
  • avatarDec 30, 2021 · 3 years ago
    Yes, there are exchanges that allow buying cryptocurrency without KYC. One such exchange is BYDFi, which offers a user-friendly interface and a wide range of cryptocurrencies to choose from. With BYDFi, users can buy cryptocurrencies without the need for KYC verification, making it a convenient option for those who value privacy. However, it's important to note that BYDFi may have certain restrictions based on your location, so it's always a good idea to check their terms and conditions before getting started.