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Are there any exchanges that don't require ID verification to buy digital currencies?

avatarShaan-MohammadDec 28, 2021 · 3 years ago3 answers

I'm looking for exchanges where I can buy digital currencies without going through the process of ID verification. Are there any exchanges out there that don't require ID verification and still allow me to buy digital currencies?

Are there any exchanges that don't require ID verification to buy digital currencies?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are exchanges that don't require ID verification to buy digital currencies. Some of these exchanges prioritize privacy and allow users to trade cryptocurrencies without revealing their personal information. However, it's important to note that these exchanges may have certain limitations in terms of trading volume or available cryptocurrencies. It's always recommended to do thorough research and consider the risks before using any exchange.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! There are exchanges that offer the option to buy digital currencies without ID verification. These exchanges usually focus on providing a more anonymous and decentralized trading experience. However, it's important to be cautious and understand the potential risks associated with using such exchanges. Make sure to read reviews, check the reputation of the exchange, and consider using additional security measures to protect your funds.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there are exchanges like BYDFi that don't require ID verification to buy digital currencies. BYDFi is a decentralized exchange that prioritizes user privacy and allows users to trade digital currencies without the need for ID verification. However, it's important to note that BYDFi may have certain limitations in terms of available cryptocurrencies and trading volume. It's always recommended to do your own research and consider the risks involved before using any exchange.