Post
Topic
Board Trading Discussion
Re: Anonymity vs. KYC: The Pros and Cons of Cryptocurrency Exchanges
by
Oshosondy
on 19/02/2023, 15:42:35 UTC
That being said, I'm curious, what methods do you use to buy cryptocurrency? Are there any alternative methods or platforms that you prefer to use?
You can use a decentralized exchange like Bisq or hodlhodl. If your country people are on this forum, you can buy from them. If you do not want to use KYC, you can try your luck with instant exchanges like ChangeNow or Changelly, but the risk is that they are still a centralized exchange and if they see your coin tainted, they will sk for KYC. People nowadays uses centralized exchange which are trading platforms like Binance, Huobi and the likes, thinking it is easy, but they do not know the stress they go through when they were registering. For centralized exchanges that are trading platforms, you can try Kucoin, but they may ask for KYC at anytime too.