Home Forums Coloring Best way to swap crypto without handing over my ID

  • This topic has 2 replies, 3 voices, and was last updated 1 week ago by NAZKA.
Viewing 2 reply threads
  • Author
    Posts
    • #641619
      Romeo
      Participant

      I am getting really tired of these big exchanges asking for a selfie with my passport just to swap a few coins. It feels invasive and half the time my account gets frozen for no reason after the verification. Is there a decent way to exchange crypto without handing over my whole identity?

    • #641628
      Kroyser
      Participant

      The whole point of a no KYC crypto exchange is that you do not create an account or upload any documents, you just pick the pair and send your coins to the generated address. There is one of those platforms right here https://godex.io/ . Rates are locked at the moment of the swap, so you do not have to worry about the price slipping while the transaction confirms. Just make sure you double-check the receiving wallet address before sending anything, because without an account there is no support ticket that recovers coins sent to the wrong chain.

    • #641634
      NAZKA
      Participant

      Check the network fee before confirming the swap, on some pairs the gas eats a noticeable chunk of a small trade. Swapping a tiny amount makes no sense if the fee is a third of what you are moving.

Viewing 2 reply threads
  • You must be logged in to reply to this topic.