hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
I have tried trading with binance and they didn't require me to pass a KYC or any Id verification which made things more convenient. There are just exchanges which require Kyc and it still has an advantage because it helps and assures the security of our coins.
yes, some exchangers do not require KYC to trade. however, this has limitations. maybe above 2 bitcoin, you have to do a verification id. however the verification ID is done for those who make large transactions.
The exchange you are referring is Binance, yes until now they don't require KYC for that level of transaction.
I read some article that they might face some regulatory problem in the future, but I think they know what they are doing, so let's just enjoy what they offer which is to trade with ease. If it will be change to fully required KYC, I hope that time their decentralized exchange will also be launch.