Top 8 crypto-exchanges that don’t require KYC in 2022

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A few years ago, the cryptosphere seemed eager to eliminate the burdensome KYC verification process to give rise to a new kind of economy, where users can avoid the watchful eyes of tax agencies and make transactions without restraint. 

However, KYC in the cryptocurrency world has become an unavoidable reality for most crypto users as regulators continue to strongly advocate the adoption of KYC and Anti-Money Laundering (AML) implementations to safeguard investors’ security and protection against financial fraud. KYC is widely used by organizations to manage transactions, trace criminal activity, and avoid terrorist financing. 

But many investors still believe that the KYC requirement is a barrier to the Bitcoin (BTC) Standard, which has favored anonymous peer-to-peer transactions. Even though most crypto exchanges have started adopting regulatory guidelines, investors have the option to choose crypto exchanges that encourage greater anonymity by not imposing KYC processes.

Such exchanges are essential for privacy-conscious users who want to buy and sell cryptocurrencies without revealing their identities. Following are some of the best KYC Free Exchanges.

Binance, one of the largest cryptocurrencies ensures customers’ anonymity and protects their funds with state-of-the-art security measures and strict data privacy measures. This includes a 360-degree risk management system, real-time monitoring, and advanced data privacy tools.

Users do not need to complete KYC if their daily withdrawal limit is less than 2 BTC. Binance recently