Top 5 Anonymous Crypto Exchanges
Currently, most cryptocurrency exchanges require an identity verification process, also known as KYC (Know Your Customer) checks. This procedure is aimed at preventing money laundering and other illegal activities.
Thankfully, there are still some anonymous crypto exchanges that allow you to trade crypto without providing personal information. These platforms offer varying degrees of anonymity, so you can choose the one that suits your needs best.
AAX
AAX is one of the world’s leading crypto exchanges that offers a range of features and options to investors and traders. These include an innovative structure on the website, optimization based on the user’s expertise, and premium customer support.
Besides, it provides excellent liquidity in all supported trading pairs and markets. Moreover, AAX has implemented LSEG technology to guarantee premium security and unmatched protection for its users’ assets.
The platform also supports an Anonymous crypto exchange large number of local currencies, including CAD, AUD, GBP, EUR, and USD. Additionally, it supports numerous payment methods for traders.
Shape Shift
Shape Shift is an anonymous crypto exchange that allows users to transfer money between cryptocurrencies without creating an account. The platform offers a wide range of cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Ripple.
Moreover, Shape Shift does not require users to undergo any KYC verification process when they register. This is because the company does not hold custody of its user’s funds.
The platform’s non-custodial nature also ensures that your private keys are not stored on Shape Shift’s servers. This keeps your digital assets secure and eliminates the risk of them being stolen when the exchange is hacked.
In order to protect your coins, Shape Shift has partnered with Keep Key, a hardware wallet that stores customer’s digital currencies offline and securely. The wallet integrates seamlessly with the exchange’s service and allows users to store unlimited addresses.
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Godex
Godex is an anonymous crypto exchange that allows users to swap cryptocurrencies securely and privately. It offers a competitive selection of more than 200 coins and has an excellent rating on review aggregator TrustPilot.
To make a trade on Godex, you select two currencies, which you want to exchange. The rates you see when initializing the trade are what you’ll get once your trade is executed. This protects you from sudden volatility spikes that could happen while your trade is in process.
Privacy is a priority for many cryptocurrency enthusiasts, and Godex aims to cater to a privacy-focused audience by not requiring registration or personal details. It also supports integrated addresses for Monero XMR, 3.36% and shielded addresses for Zcash ZEC, -1.08%, two of the most popular privacy coins on the market.
Fixedfloat
Fixed Float is an anonymous crypto exchange that allows users to swap one coin for another without the need for a wallet. The exchange allows users to select either a fixed or floating rate and start exchanging their digital assets immediately after receiving the required number of blockchain confirmations.
The exchange offers fast and secure crypto trading and 24/7 customer support, making it a great option for newcomers. Additionally, there are no registration or sign-up requirements to slow down the process.
In addition, FixedFloat uses the Lightning Network to guarantee fast transaction verification and low fees. The exchange also supports a range of coins and offers some of the market’s lowest minimum limits.
Bitcoin ATMs
Whether you’re just starting to invest in crypto or looking for a more convenient way to buy and sell, Bitcoin ATMs are a great option. They provide a high level of security, speed and privacy, and are available in many countries.
These machines allow you to exchange cash for cryptocurrencies at current market rates, which are retrieved via the internet in real-time. After entering your wallet’s address or QR code, you’ll receive a number of coins in return.
While the process is straightforward, it does come with some risks. Since transactions are irreversible, it’s important to double-check your wallet address and make sure you’ve inserted the correct amount of cash.