What are the best ways to purchase cryptocurrencies without KYC verification?

KidCreationMar 28, 2022 · 3 years ago3 answers

Can you suggest some reliable methods to buy cryptocurrencies without going through the KYC verification process? I'm looking for options that don't require me to disclose personal information.

Cryptocurrency

KYC Verification

Anonymous Transactions

3 answers

Mar 28, 2022 · 3 years ago
Sure, there are a few ways you can purchase cryptocurrencies without KYC verification. One option is to use a peer-to-peer exchange that allows users to trade directly with each other without the need for KYC. LocalBitcoins and Paxful are popular platforms for this. Another option is to use a decentralized exchange (DEX) like Uniswap or PancakeSwap, where you can trade directly from your wallet without KYC. Just keep in mind that DEXs may have lower liquidity and a limited selection of cryptocurrencies compared to centralized exchanges.
Mar 28, 2022 · 3 years ago
If you're concerned about privacy and want to buy cryptocurrencies without KYC, you can consider using a privacy-focused cryptocurrency like Monero or Zcash. These cryptocurrencies offer enhanced privacy features that make it difficult to trace transactions back to individuals. However, keep in mind that not all exchanges support these privacy coins, so you'll need to find a platform that does.
Mar 28, 2022 · 3 years ago
BYDFi is a popular decentralized exchange that allows users to buy cryptocurrencies without KYC verification. It offers a wide range of cryptocurrencies and has a user-friendly interface. You can connect your wallet and start trading in just a few clicks. However, it's important to note that BYDFi may not be available in all countries, so make sure to check if it's accessible in your region.