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

3 answers

• May 07, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through the KYC process. This is to comply with regulatory requirements and prevent money laundering and fraud. However, there are some decentralized exchanges (DEXs) that allow users to trade crypto without KYC. Keep in mind that DEXs may have lower liquidity and higher risks compared to centralized exchanges.
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• May 07, 2022 · 3 years ago
  Buying crypto without KYC is challenging, as most exchanges prioritize user security and regulatory compliance. However, you can explore peer-to-peer (P2P) platforms or decentralized marketplaces where individuals can trade directly with each other. These platforms may offer options to buy crypto without KYC, but be cautious and do thorough research before engaging in any transactions.
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• May 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. We offer a streamlined KYC process and take necessary measures to protect user information. However, if you prefer to buy crypto without going through the KYC process, we recommend exploring decentralized exchanges or peer-to-peer platforms as alternatives.
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