Know Your Customer (KYC) legislation requires businesses to verify the identity of individuals using their service, particularly where the transmission of money is involved. This includes virtual currencies. As a result, the majority of crypto exchanges now enforce KYC. However, it is not mandatory to use a KYC exchange (also referred to as “surveillance exchanges” by their detractors) to trade. A number of exchanges legally operate in jurisdictions that do not mandate KYC, or have no official headquarters, placing them in a grey area in terms of legal obligations.
- Nominex
- Bybit
- Binance
- Bitmax
- KuCoin
- Bitcoin.com
Continue reading here: https://news.bitcoin.com/6-cryptocurrency-exchanges-that-dont-require-kyc/