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What are the top platforms to buy crypto with no KYC process?

avatarEdgar KaryDec 25, 2021 · 3 years ago3 answers

Can you recommend some reliable platforms where I can buy cryptocurrencies without going through the KYC process? I'm looking for options that prioritize user privacy and don't require extensive personal information.

What are the top platforms to buy crypto with no KYC process?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One popular platform that allows you to buy crypto without KYC is LocalBitcoins. It connects buyers and sellers directly, allowing for peer-to-peer transactions without the need for identity verification. However, it's important to exercise caution and only trade with reputable sellers to ensure a safe transaction. Another option is Bisq, a decentralized exchange that also doesn't require KYC. It operates on a peer-to-peer network and allows users to trade cryptocurrencies anonymously. Keep in mind that while these platforms offer privacy, they may have limitations in terms of available cryptocurrencies and liquidity. It's always a good idea to do thorough research and consider the risks before using any platform.
  • avatarDec 25, 2021 · 3 years ago
    No KYC? No problem! If you're looking for a hassle-free way to buy crypto without KYC, you can try using a Bitcoin ATM. These machines allow you to purchase cryptocurrencies using cash without the need for identity verification. Just find a Bitcoin ATM near you, insert your cash, and receive your crypto directly to your wallet. However, keep in mind that Bitcoin ATMs may have higher fees compared to online platforms, so it's important to check the rates before making a purchase. Additionally, availability may vary depending on your location.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a third-party platform that offers a no KYC process for buying cryptocurrencies. It provides a user-friendly interface and a wide range of cryptocurrencies to choose from. With BYDFi, you can easily create an account and start buying crypto without the hassle of KYC verification. However, it's important to note that BYDFi is just one of the options available, and it's always recommended to explore multiple platforms and compare their features before making a decision. Remember to prioritize security and choose platforms with a good reputation in the crypto community.