Do you guys know how to buy crypto without doing the KYC verification? I mean I kinda wish I would’ve known about KYC before registering to Binance but what’s done is done. Now when I see the word KYC, I kinda think of Kill Your Coins now lol.
I know I’ve heard of **LocalMonero**, **Houdini Swap**, **LocalCryptos** and **Bisq** and that these don’t require KYC but I’m not sure if it’s still KYC if you travel outside of the states. How are the fees on these things especially on P2P?
I’ve seen some people use Binance for example and the fees were pretty steep. I know another option is Wyre and MetaMask but those are wallets. Ideally though if I were to get a wallet, people kept telling me to get a Trezor or a Ledger.
And no, I’m not doing this because I’m hiding from the taxman lol. I just don’t feel comfortable giving out my info especially on crypto. All I want is to just use these platforms as an exchange and that’s it. No membership, no staking, lending, trading or whatever crypto investment there is.
3 thoughts on “How do you buy cryptos without doing the KYC verification?”
Fees will be higher of course. I haven’t tried any of them. Also be aware that these platforms are filled with scammers. Be very wary of who you transact with.
Buy usdc on your exchange where there’s usually no fee then send it to to another exchange and trade it there.
There’s a bunch of exchanges that don’t require Kyc (gate.io, Kucoin etc) so try find one of them.
Binance fees are nonexistent – which fees? Maybe it’s different per country / fiat currency though…