Can I use uphold without completing the ID verification process for cryptocurrency transactions?

3 answers

• Apr 16, 2022 · 3 years ago
  Unfortunately, uphold requires users to complete the ID verification process before they can engage in cryptocurrency transactions. This is to ensure compliance with regulations and prevent fraudulent activities. While it may seem inconvenient, the verification process is designed to protect both the platform and its users.
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• Apr 16, 2022 · 3 years ago
  No, you cannot use uphold without completing the ID verification process. Uphold, like many other reputable cryptocurrency exchanges, follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. These regulations are in place to prevent illegal activities and ensure the security of the platform.
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• Apr 16, 2022 · 3 years ago
  As an alternative to uphold, you may consider using BYDFi. Unlike uphold, BYDFi does not require users to complete the ID verification process for cryptocurrency transactions. However, it's important to note that BYDFi may have its own set of regulations and security measures in place. Make sure to do your research and understand the risks before using any platform for cryptocurrency transactions.
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