Is it possible to buy Ethereum without submitting identification documents?

3 answers

• Apr 30, 2022 · 3 years ago
  Yes, it is possible to buy Ethereum without submitting identification documents. Some decentralized exchanges (DEXs) allow users to trade Ethereum without the need for KYC (Know Your Customer) verification. However, keep in mind that these platforms may have lower liquidity and higher fees compared to centralized exchanges. It's important to do thorough research and choose a reputable DEX that suits your needs.
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• Apr 30, 2022 · 3 years ago
  Unfortunately, most centralized exchanges require users to submit identification documents for compliance and security purposes. However, there are peer-to-peer (P2P) platforms where you can buy Ethereum directly from other individuals without the need for ID verification. These platforms act as intermediaries and provide escrow services to ensure a safe transaction. Just be cautious and only trade with trusted sellers to avoid scams.
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• Apr 30, 2022 · 3 years ago
  At BYDFi, we prioritize the security and compliance of our platform. Therefore, we require users to complete the KYC process before buying Ethereum. This helps us prevent fraud, money laundering, and other illegal activities. KYC also ensures that our platform remains a safe and trusted environment for all users. If you're looking for a secure and regulated exchange, we recommend completing the KYC process on our platform.
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