Exchange Cryptocurrency: While you may have heard a lot about such large and top-rated exchanges as Binance, Coinswitch, they all have one serious drawback: before you start exchanging money for them, you must register an account and pass verification. The larger the exchange, the stricter the requirements.
This means wasted time, additional hassle, and simply not very pleasant procedures that worsen the client’s overall experience. Although any exchange insists on the anonymity of all transactions, this is not true.
With the growing demand, some exchanges have emerged that have begun to offer their services without users’ need to go through any registration or verification procedures. These are newer platforms focused on the highest level of customer comfort. Among the most popular exchanges offering services without KYC are the following.
Also Read: Which Revenue Model Works for Online Games?
Lets Exchange
LetsExchange is an online cryptocurrency exchange that does not require any information from you other than your wallet to send the exchanged coins. The platform supports over 200 currencies, which means that you can find your version there anyway.
LetsExchange offers simple exchange procedures as well as other benefits such as:
The choice between fixed and floating rate.
The most advantageous offers https://letsexchange.io/exchange-rates can be viewed directly on the website.
Professional and helpful customer support.
Reversible transactions under certain circumstances.
No hidden fees and a few more attractive features.
You don’t need to be an expert to exchange currencies on LetsExchange. Go to the all-in-one widget and follow the instructions.
Evonax
Evonax is known for its partnership with PayPal. You can use this payment system to withdraw coins.
Evonax supports a limited number of cryptocurrencies. These are Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin SV, Doge, Dash, Ethereum, Monero, and Zcash. Therefore, your choice somewhat limited, which is one of the most important disadvantages of the platform.
However, if you want to exchange cryptocurrency for fiat currency, you will need to go through all the required verification procedures.
Paxful
Paxful is one of those platforms that service P2P transactions. Here, you don’t trade currencies through an exchange. Instead, you buy them directly from other people. The platform itself does not require registration and verification. However, you may need to verify your identity if the person you want to buy coins from asks for it.
While this is not a regular exchange, it is essential to be careful when looking for coin trading opportunities. It recommended choosing a reliable site to buy cryptocurrency. For example, past online reviews and positive signups are an indicator that a seller can trust.
Binance
We cannot leave this platform unattended, even if registration required. If you only trade cryptocurrency, you can do it without all the standard KYC procedures. However, when it comes to trust funds, you will prompted to verify your account. Also, you cannot trade more than 2 BTC without verification.
Also Read: Raise your Credit Score to Boost your Finances
Review Where to Exchange Cryptocurrency.