Post
Topic
Board Trading Discussion
Quick trading - no KYC etc - recommendations?
by
nlrsen
on 16/12/2017, 01:22:54 UTC
Hello out there,

Where should one go to find a trading platform (exchange OR broker) where you can conduct large-scale deals/deposits, without a tiresome KYC process.

I have a substantial amount which I am ready to place in the market, but I am met with a process and attitude from some brokers and institutions which basically is reminiscent of the 'good old' UK banks and the like.

I guess it is to comply with financial authorities, and to gateway the legislation. But for me as an investor, and believer in the blockchain it is concerning. That is not what we set out for.

For now, which brokers/exchanges would you recommend where there isn't KYC/AML processes similar to what we know from the regular banking system?

And let me proclaim very clear, it is not that there is any issue with the money. It is all fully compliant with tax authorities in my home country (Denmark) and accounted for.

It's just that I am sad to be taken through a KYC/AML process which is reminiscent of a tax audit in order to get ready to invest in the larger scale.

Looking forward to your tips!