Is it possible to trade cryptocurrencies in New York without KYC verification?

3 answers

• Mar 06, 2022 · 3 years ago
  Unfortunately, in order to comply with regulations and prevent money laundering, most cryptocurrency exchanges in New York require users to complete KYC verification. This process usually involves providing personal identification documents and proof of address. However, there might be a few decentralized exchanges or peer-to-peer trading platforms that allow trading without KYC verification. It's important to do thorough research and exercise caution when using such platforms, as they may have higher risks and less regulatory oversight.
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• Mar 06, 2022 · 3 years ago
  No way! You gotta go through the KYC process if you want to trade cryptocurrencies in New York. It's the law, man! But hey, it's for your own safety and to prevent illegal activities. So, just grab your ID, proof of address, and get ready to share your personal info with the exchange. It's a small price to pay for participating in the exciting world of crypto trading!
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• Mar 06, 2022 · 3 years ago
  Yes, it is possible to trade cryptocurrencies in New York without KYC verification. BYDFi, a decentralized exchange, allows users to trade cryptocurrencies without going through the KYC process. It provides a secure and private trading experience for users who value their privacy. However, it's important to note that BYDFi may have certain limitations and risks, so it's always recommended to do your own research and make informed decisions before trading on any platform.
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