How can I purchase cryptocurrencies without providing KYC information?

3 answers

• Jan 07, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require KYC information for user verification. This is to ensure compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. However, there are some peer-to-peer (P2P) platforms or decentralized exchanges (DEX) that may allow you to buy cryptocurrencies without KYC. Keep in mind that using these platforms may come with higher risks and lower liquidity compared to centralized exchanges.
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• Jan 07, 2022 · 3 years ago
  Buying cryptocurrencies without KYC can be challenging. While there are some options available, it's important to consider the risks involved. One option is to find individuals who are willing to sell cryptocurrencies directly, either through online forums or local meetups. Another option is to use decentralized exchanges that don't require KYC. However, be cautious and do thorough research before engaging in any transactions to ensure the legitimacy and security of the platform or seller.
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• Jan 07, 2022 · 3 years ago
  At BYDFi, we understand the concerns around KYC and privacy. While we prioritize user security and compliance, we also respect the need for privacy. Unfortunately, we currently require KYC information for purchasing cryptocurrencies on our platform. However, we continuously evaluate and explore options to provide more privacy-focused solutions for our users. Stay tuned for any updates on this matter.
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