Cryptocurrencies, initially conceived as a means of anonymous payments, lose their anonymity as they integrate in the tangible economy, data is being gathered and stored on the blockchain. The availability of platforms for anonymous cryptocurrency exchange is gradually diminishing. However, when performing cryptocurrency transactions with fiat funds through bank cards or accounts, anonymity is lost immediately and completely.
Where can you buy cryptocurrency confidentially?
Centralized cryptocurrency exchanges are in the most challenging circumstances, as they act as a link between the traditional financial system and the world of cryptocurrencies. They are required to comply with the law, and KYC requirements become mandatory. However, if you are only interested in Crypto/Crypto transactions, it is still possible to remain incognito on some centralized exchanges.
An alternative to CEX can be decentralized crypto exchanges (DEX) and fast exchangers. DEXs are not yet subject to the control of external entities with greater influence and are consistent with the principles of the cryptocurrency world. Since these platforms do not have central authorities, the very possibility of control in principle looks very vague
This is a non-custodial anonymous crypto exchange that has an extremely simple interface and a narrow specialized area in fast swaps. Registration and account verification on this platform are absolutely not required and you can verify this by following the link https://letsexchange.io/coin/usdt-erc20. To exchange any of the 3000+ supported coins in the direction you want, simply fill out the exchange widget with the transaction amount and your wallet address, then top up your deposit and confirm your application.
Finding an offer that matches your input, completing the transaction, and transferring coins to your wallet is done automatically. The platform does not impose restrictions on the amount and number of transactions.
The centralized trading platform HTX (formerly Huobi) ranks ninth in terms of trade volume. This platform supports over 600 different coins and tokens, and you can purchase cryptocurrencies using fiat funds. HTX provides spot, margin and futures trading, and also supports derivatives, betting, crypto lending and many other features. To start working on the platform, you do not need to undergo account verification, but additional features are available to verified clients.
OKX is another leading crypto exchange that treats anonymous users with understanding. After registering an account, you immediately get access to the trading terminal, and if your goal is not to deposit or withdraw fiat funds, account verification is not required. The platform provides a wide range of options, this includes spot and margin trading, derivative instruments, as well as passive income mechanisms, and NFTs. You can choose from approximately 200 different cryptocurrencies to trade.
MEXC, although it ranks a modest 28th in terms of trading volume, can be proud of its leadership in the number of supported coins. More than 1,600 different cryptocurrencies are available here, and no account verification is required. With such a wide selection of USDT TRC20 to BEP20 coins, exchange on this platform is not a problem. On the one hand, this is great for those who are looking for rare coins. On the other hand, there are many low-liquid assets among them and users should take this point into account.
dYdX is a decentralized exchange offering an extensive array of features for margin and perpetual trading. It runs on StarkEx, the second layer for Ethereum, and intends to relocate its operations to its self-contained blockchain within the Cosmos ecosystem at a later date. It is important to note that trading on decentralized platforms does not require account registration. Instead, you simply need to connect your crypto wallet to the platform. While there aren’t any official limitations on transaction quantities, decentralized exchanges frequently encounter liquidity challenges because this sector is relatively new.