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How can I buy crypto offshore without KYC?

avatarRagi krishna RDec 27, 2021 · 3 years ago3 answers

I want to buy cryptocurrency without going through the KYC process. How can I do this if I want to trade offshore?

How can I buy crypto offshore without KYC?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One way to buy crypto offshore without KYC is to use decentralized exchanges (DEXs). DEXs allow you to trade directly with other users without the need for a centralized authority to verify your identity. However, be aware that not all cryptocurrencies may be available on DEXs, and liquidity can sometimes be lower compared to centralized exchanges.
  • avatarDec 27, 2021 · 3 years ago
    Another option is to use peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing you to trade without KYC requirements. However, it's important to exercise caution and do thorough research to ensure the legitimacy and security of the platform and the counterparty you are trading with.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we offer offshore trading services that allow you to buy crypto without KYC. Our platform provides a secure and anonymous trading environment, ensuring your privacy while trading. However, it's important to note that offshore trading may have legal implications depending on your jurisdiction, so it's always advisable to consult with a legal professional before engaging in such activities.