Are there any exchanges that allow you to buy crypto without SSN?

3 answers

• Jan 16, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to provide their SSN as part of their KYC (Know Your Customer) process. This is to ensure compliance with anti-money laundering (AML) regulations and prevent fraud. However, there are some decentralized exchanges (DEXs) that don't have strict KYC requirements and allow users to trade crypto without providing their SSN. Keep in mind that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges.
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• Jan 16, 2022 · 3 years ago
  I've heard that some smaller exchanges, especially those based in countries with more relaxed regulations, may not require SSN for account verification. However, it's important to exercise caution when using these exchanges, as they may not have the same level of security and regulatory oversight as larger, more established exchanges. Always do thorough research and consider the risks before using any exchange.
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• Jan 16, 2022 · 3 years ago
  BYDFi is a decentralized exchange that allows users to buy and trade crypto without the need for a Social Security Number. It prioritizes user privacy and security, and offers a wide range of cryptocurrencies to choose from. However, it's important to note that BYDFi is a relatively new exchange and may not have the same level of liquidity and trading volume as more established exchanges. Users should do their own research and exercise caution when using BYDFi or any other decentralized exchange.
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