How can I buy cryptocurrencies without going through the KYC process?

3 answers

• Navid ArisJun 28, 2021 · 4 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through the KYC process in order to comply with regulations and prevent illegal activities. This process usually involves providing personal identification documents and verifying your identity. However, there are some decentralized exchanges (DEXs) that allow you to trade cryptocurrencies without KYC. Keep in mind that using DEXs may come with additional risks and lower liquidity compared to centralized exchanges.
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• Conley HoldenAug 06, 2024 · a year ago
  Buying cryptocurrencies without going through the KYC process can be challenging. While there are peer-to-peer platforms and online forums where you can find individuals willing to sell cryptocurrencies without KYC, it's important to exercise caution and do thorough research before engaging in such transactions. Always prioritize security and consider using escrow services to protect your funds.
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• MegarosssSep 14, 2020 · 5 years ago
  At BYDFi, we understand the concerns about privacy and KYC requirements. While we prioritize user security and regulatory compliance, we also respect the need for privacy. Our platform offers a streamlined KYC process that ensures the safety of your funds while minimizing the amount of personal information required. We strive to provide a balance between security and user privacy for a seamless trading experience.
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