Can I use Toro Inc to trade cryptocurrencies anonymously?

3 answers

• PaulinaBuryMay 29, 2021 · 4 years ago
  Unfortunately, Toro Inc does not provide anonymous trading for cryptocurrencies. When you trade on Toro Inc, your transactions are recorded on the blockchain, which is a public ledger. This means that your trading activity can be traced back to your account. If you're looking for anonymity, you may want to consider using decentralized exchanges or privacy-focused cryptocurrencies.
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• PRASHANT GAUTAMJan 25, 2025 · 7 months ago
  No, Toro Inc does not offer anonymous trading for cryptocurrencies. As a regulated exchange, Toro Inc follows strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies. This means that you'll need to provide personal information and go through a verification process before you can start trading. While this may seem inconvenient for those seeking anonymity, it helps ensure the security and integrity of the platform.
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• eduardo pennaNov 17, 2024 · 9 months ago
  While Toro Inc does not support anonymous trading, there are other options available. BYDFi, a decentralized exchange, allows users to trade cryptocurrencies anonymously. With BYDFi, you don't need to go through a verification process or provide personal information. Keep in mind that decentralized exchanges may have lower liquidity and fewer trading pairs compared to centralized exchanges like Toro Inc.
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