In the latest days, services for handling various cryptocurrency transactions have doubled. There are plenty of platforms, so it is hard to choose and compare them. One of the recent issues with such tools is data theft and financial crimes. Despite universal precautions that the world has agreed upon, online payments, and not only cryptocurrency, sometimes end with fraud, resulting in both businesses and their customers losing their funds.
Benefits of Anonymous Crypto Exchanges
Many users seek anonymous exchanges to avoid unreliable places, aiming to exchange BNB to ETH. There are several reasons to do so. First of all, no identity verification and registration are needed. This means they will not have to provide passport data or an email address or phone number. As a rule, such platforms might only require a page from a passport to verify a deposit or make sure this is a physical person. However, anonymous exchanges don’t link finances to a user’s real name.
The next concern about conventional crypto exchanges is revealing IP addresses. That is why anonymous platforms won’t usually ask for one’s address. The same concerns completing the KYC procedure – with anonymous exchanges, neither the government nor the exchange will be able to track your financial activity.
So, if your current task is to choose a suitable exchange for cryptocurrency that offers total anonymity, read on. There are online conversion platforms of this kind that you will most certainly like.
Top Platforms to Rely On for Completing Anonymous Crypto Exchanges
There is a common misconception that anonymous services are somehow weaker in the security they give to users. Still, the fact of not imposing KYC on clients alone doesn’t mean such platforms have no control over who can access them. Users minimize the risks of data theft by providing less data such as banking details, names, and addresses. As extra means of securing exchanges, platforms often resort to DDoS protection, using biometric data or multi-signature, two-factor authentication, and more. As a nice bonus, you will also get more cryptocurrencies, especially the newest ones, at your disposal with such tools.
Our top reliable online anonymous exchanges include:
- LetsExchange.io.
LetsExchange is one of the next big things in the world of cryptocurrency exchanges. This young platform offers up to 3,900 crypto tokens to buy or exchange, ensuring anonymity, limitless exchanges, and the best rates for each exchange.
The service is dedicated to keeping users safe and uses encryption, SSL certificates, and DDoS protection, and it abstains from storing their data. It is also a non-custodial one, which means you are the only person who is in control of your funds and access keys. You don’t need to register to start a transaction; just have an active crypto wallet and one of the payment ways it accepts. To kickstart a swap, just find a suitable currency pair, such as https://letsexchange.io/exchange/bnb-to-xrp, use a calculator tool to find out how many target coins you will get at the end, choose the fixed or floating rate, and send the funds to a chosen wallet address.
- Bybit.
Bybit is another popular tool that crypto enthusiasts enjoy due to its accessibility, simplicity, and anonymity. No KYC verification is required to use its convenient interface and handy features. It also boasts advanced security, buying coins with one click, accessing multiple markets, and using a Bybit card to pay with crypto, just like you do with a credit card at any store in the globe. The tool is compatible with cold wallets (those that don’t rely on the Internet) with multi-signature access.
Bybit will most likely ask you to register by providing an email using a Google or Apple account. Overall, it works like an app, too, and engages users in a game-like journey, where they can earn rewards for accomplishing tasks, growing, and trading professionally.
To recap, anonymous services for crypto exchange can offer good privacy and security while other platforms might fail to. Trading on an anonymous service will expose less hacker-attracting data and keep transaction details private.
