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What are the alternatives to using Coinbase without providing SSN?

avatarJensen LowDec 17, 2021 · 3 years ago3 answers

I am looking for alternative options to use for buying and selling cryptocurrencies without having to provide my Social Security Number (SSN). I am concerned about the privacy and security of my personal information. Are there any other platforms or exchanges that allow users to trade cryptocurrencies without requiring SSN?

What are the alternatives to using Coinbase without providing SSN?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are several alternatives to Coinbase that don't require providing your SSN. One popular option is Binance. Binance is a global cryptocurrency exchange that offers a wide range of trading options and supports a large number of cryptocurrencies. It does not require users to provide their SSN for basic trading. However, if you want to increase your withdrawal limits, you may need to complete the KYC (Know Your Customer) verification process, which may require providing additional personal information.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you're looking for a Coinbase alternative that doesn't ask for your SSN, you can consider using Kraken. Kraken is a reputable cryptocurrency exchange that offers a secure platform for trading various cryptocurrencies. It allows users to create an account and start trading without providing their SSN. However, keep in mind that certain features and services may have limitations for non-verified users.
  • avatarDec 17, 2021 · 3 years ago
    Well, if you're concerned about providing your SSN, you might want to check out BYDFi. BYDFi is a decentralized finance platform that allows users to trade cryptocurrencies without the need for KYC verification or providing personal information like SSN. It provides a secure and private trading experience while giving users full control over their funds. However, it's important to do your own research and ensure the platform meets your specific needs before getting started.