Do you think Bitcoin can grow beyond the record it reached in 2021? If so, 2022 is the time to start investing. However, most exchanges do not respect their clients’ right to privacy, and finding one that does can be challenging. Read this post to discover anonymous exchange services that you can use without disclosing your identity.
Benefits of Crypto Platforms Without Verification
First off, there are benefits to using platforms with KYC procedures. One of them is that you get access to well-known exchanges that feature high liquidity. But there are many disadvantages, the main one being that you have to provide various identifying documents.
On the other hand, there are advantages when you buy Bitcoin without verification. For example, anonymous platforms do not require you to submit any papers to start trading. Some do not even ask you to register an account. Thus, you can trade anonymously without worrying about your personal information being hacked (because it is not on a vulnerable server).
Best Crypto Anonymous Platforms
Below are some of the options you can go ahead and use to your advantage.
Godex.io
Godex is arguably one of the best exchanges on this list. As an anonymous exchange, users do not have to submit any ID documents to start trading, nor do they have to create an account. Just choose an exchange pair, paste your wallet address, and execute the trade.
Users can also enjoy these benefits:
- High-speed transactions. It takes 5 to 30 minutes to complete.
- Fixed exchange rates. When the transaction starts, the exchange rate is locked. You will not have to worry about it changing for 30 minutes.
- Easy-to-use. You need a wallet address and an exchange pair to start.
- 300+ coins. You can trade hundreds of other coins and tokens.
- Top-notch security. Godex has SSL certificates, encrypted servers, and DDoS attack protection.
- Customer service. The customer team is highly responsive, and they delete all records of your personal information in a week or so.
Users can participate in Godex’s affiliate programs. It has one of the top crypto affiliate programs on the internet. Earn a percentage of the exchange’s profits by recommending the service to others. It is an excellent way to generate income in addition to profiting off coin conversions.
SimpleFX
SimpleFX is a limited liability company headquartered in St. Vincent and the Grenadines. They were founded in 2014. Since then, they have acquired over 200 thousand clients across 190 countries. It is an unregulated exchange, but there are other advantages that outshine this aspect.
- No minimum deposits. Users do not have to make a minimum deposit or have money on their accounts to keep their profiles open.
- Multiple payment methods. SimpleFX works with Bitcoin Payments, Fasa Pay, Neteller, and Skrill.
- Different trading platforms. MetaTrader 4 and SFX Web Trader are their main trading platforms. MetaTrader 4 is ideal for advanced traders with years of experience, while SFT Web Trader is for novice traders. Additionally, they have a mobile app compatible with iOS and Android.
- Choose instruments. CFDs, commodities, cryptocurrencies, and more.
- Fees. Enjoy commission-free trading and low fees for foreign and cryptocurrency exchanges.
BaseFEX
BaseFEX is registered in Seychelles. The company’s founders want their project to be a transparent and reliable company that offers cryptocurrency futures derivatives. They have clients in every corner of the globe. Using their platform, you can enjoy:
- High leverage. Users can leverage 10 cryptocurrencies up to 100x.
- Multiple languages: English, Chinese, French, Italian, Spanish, Russian, Portuguese, Turkish, Russian, Japanese, and Korean.
- Low fees. Trading fees range from 0.0050 to 0.0200 percent. 0.0600 percent taker fees and 0.020 percent maker fees.
- High security. Customers get two-factor authentication, hashed passwords, and SSL encryption. All funds are kept in cold storage. Also, their security team regularly conducts tests and audits to find vulnerabilities in the system.
- Excellent customer support. Available by email, live chat, blog, and Twitter.
- No KYC. Only email is required.
Conclusion
There is nothing wrong with choosing platforms that use KYC. However, you lose your anonymity. An anonymous platform is the best way to go because you can do everything you would do on a mainstream website while maintaining your right to privacy.
