Can I use eToro to trade cryptocurrencies anonymously?

3 answers

• Sosa BuggeAug 22, 2024 · a year ago
  Unfortunately, eToro does not provide anonymous trading for cryptocurrencies. When you create an account on eToro, you are required to provide personal information for verification purposes. This includes your name, address, and identification documents. These measures are in place to comply with anti-money laundering (AML) and know your customer (KYC) regulations. So, if anonymity is a priority for you, eToro may not be the best option.
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• Fly High Smoke ShopAug 21, 2022 · 3 years ago
  No, eToro does not offer anonymous trading for cryptocurrencies. The platform follows strict regulatory guidelines and requires users to go through a verification process. This is to ensure the security of the platform and prevent illegal activities such as money laundering. While this may limit anonymity, it also provides a safer environment for traders. If you are looking for anonymous trading, you may want to explore other options.
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• NikolaiSep 29, 2020 · 5 years ago
  While eToro does not support anonymous trading, there are other platforms that prioritize privacy and offer anonymous trading options. One such platform is BYDFi, which allows users to trade cryptocurrencies without the need for extensive personal information. With BYDFi, you can enjoy a higher level of anonymity while still benefiting from a secure and reliable trading experience. However, it's important to do your own research and consider the risks associated with any platform before making a decision.
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