Post
Topic
Board Trading Discussion
Re: Crypto exchangers and kyc
by
Koadharber
on 05/10/2018, 13:44:49 UTC
Is anyone know there is any crypto exchangers who dont ask kyc ??

Like its no bs transaction you send them coin they send you money with western union monegram or bank transfer.
Or you transfer them money they dont ask stupid questions they just make the trade happend.
Is anyone like this ? I spoken my friend from former soviet union country he said he dont care if only customers he can do exchanger without kyc.


If you want to exchange it to fiat then most likely you will go through KYC because it concerns fiat and the government is strict when it comes to those kind of platforms. If you want to buy or sell a coin in exchange of another coin then decentralized are the way to go if the coin you wanted is there. Some centralized exchanges do not ask for KYC if the amount you wanted to transact is below its limit.
When we do talk about Fiat transactions then expected KYC proceedings would really be normal but buying out coins wont really be necessary on having these method yet you can make p2p transactions but somehow this is risky since you are dealing with random people that you haven't known you would really have this method if you don't have any choice but actually you can make transactions on exchangers like DEX or even on Binance yet asking KYC wont be necessary.