This 2020, cryptocurrency has grown more popular with a lot of buzz around it, more inflow of money and adoption. The demand for cryptocurrency is surging in most countries. In other to trade, most cryptocurrency exchanges demand KYC, an effort to verify the identity of the individual using their services. Not everyone is comfortable with risking their personal documents and identity and would rather not trade than giveaway their personal information.
There are only few cryptocurrency exchange that operate in jurisdications that do not mandate KYC. An exchange not mandating KYC does not mean that such exchange is less trustworthy or offer less protection. This is majorly to accommodate individuals that value their privacy and wish to keep their personal details out of reach. It’s the choice of such individual to trade peacefully with or without KYC.
An example of a trusted exchange that do not mandate KYC is ChangeNOW exchange
. ChangeNOW is a non-custodial service created for simple and fast cryptocurrency exchanges. They offer maximum safety, simplicity and convenience. ChangeNOW doesn’t store your funds or require any sort of account creation.
HOW TO PURCHASE CRYPTO WITH FIAT VIA CHANGENOW
Exchanging digital assets is simple and accessible on your smart phone via ChangeNOW andriod application
. You can purchase 20 to 150 in USD or EUR KYC free. The application is user friendly, you simply input your card details and phone number to purchase. There are no hidden fees, ChangeNOW offers the best market rates, what you see is what you get. The ChangeNOW apps for Andriod and Huawei have been designed for seamless crypto exchange from mobile devices.
You can exchange 200+ cryptocurrencies without no upper limit and without signing up, you don’t need to provide any of your data to ChangeNOW for crypto to crypto exchanges. ChangeNOW exchange boast of the highest exchange speeds on the market. Transactions can sometimes be delayed due to the transaction quantity and capacity of the block. The application is very trustable.
Before purchasing cryptocurrency on ChangeNOW exchange, it is expected of you to find a reliable wallet for the coin you want to purchase. Some wallets are capable of storing several coins. For instance, you can store BTC, ETH, XRP and ALGO on blockchain.com. Copy the wallet address of the particular coin you want to purchase and input it when requested during your purchase. Endeavour to keep your wallet private keys safe. You can verify the status of your purchace or exchange through the transaction hash generated.
Note that blockchain transactions are irreversible. Once your fund is sent, the transaction cannot be canceled or reversed by anyone. Before sending funds or concluding an exchange on ChangeNOW, thoroughly check all payment details.
For the cryptocurrency purchase with fiat, ChangeNOW makes use of a third party service, simplex. The minimum amount for purchase is 20 USD or EUR while the maximum purchase without KYC is 150 USD or EUR. With KYC, the daily purchase limit is 20000 USD and 50000 USD monthly limit per person.