The verification procedure is very important in the financial sector, as it allows regulators to track transactions involved in money laundering, as well as other fraudulent activities. Nevertheless, crypto enthusiasts value their own privacy and anonymity, so they do not always want to disclose personal data, let alone provide their documents to third parties. In this article, we will consider anonymous crypto exchanges where verification is not required.
Anonymous crypto exchange: benefits
The main advantages of
anonymous crypto exchange include:
If the exchange is hacked, then your data will not be able to fall into the hands of scammers, because you did not provide them to the service.
Unscrupulous exchange employees will not be able to use your personal data for their own purposes.
Registration without verification is much faster, and verification of data and documents can take from several days to several months.
Anonymous crypto exchange options
Trading platforms functioning today that allow the confidential work of traders or speculators involved in converting digital coins can be divided into basic types:
· p2p cryptocurrency exchanges. The platform itself performs an intermediary function, playing the role of an arbiter, guaranteeing the exact fulfillment of obligations by the parties. As a rule, there are many cryptocurrency assets here. There are top, "middling" and lesser known coins;
· classic trading platforms where only virtual currencies from the top twenty of the rating protocol are available. Fiat funds are actively used. Here the exchange participates in any operations, being an obligatory intermediate link. It is on such sites that by all means get users to pass full verification.
Best Anonymous Cryptocurrency Exchanges
The most attractive for conspiratorial operations are 5 trading platforms:
1. Bitmex.com - there are very significant trading volumes, and verification is not required during registration. There are a lot of traders who are lured here by the opportunity to anonymously convert cryptocurrencies and, of course, speculate with them, making money. Because of this, BitMex is blocked in a number of countries.
2. Magnr.com is a fairly "mature" crypto exchange that has existed since 2014. The service is based in England and is completely anonymous.
3. Cryptopia.co.nz is an interesting stock exchange service that is of interest mainly to speculators who trade in conversions. If you are not verified, you can withdraw up to $ 5,000 from the crypto exchange per month. Trading is available to clients who have sent the necessary documents and photographs. After verification, any limits will be canceled.
4. LiveCoin.net - this service requests personal data exclusively from users wishing to deposit / withdraw funds through bank transactions. Clients perform all other actions anonymously.
5. Yobit.net is a crypto exchange, where identity verification is also not carried out. A lot of trading assets, fast balance replenishment and instant withdrawal of funds.
Conclusion
All users seeking to make money on trade transactions or exchange operations and who want to remain anonymous at the same time are advised to use the cryptocurrency exchanges noted earlier. Keep in mind that confidentiality costs money. You will have to pay inflated commission fees at some stage - depositing funds on the trade balance, converting, making transactions or withdrawing money.
