Are there any secure crypto wallets that don't require KYC?

brownrider

brownrider

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I'll appreciate any recommendations on crypto wallets/exchanges where I can buy crypto with my card, but do not require KYC like Binance and co

Cheers
 
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Just the wallet would never ask you for KYC as they just hold your currency.

Examples:
Trust Wallet(by Binance)
Blockchain.com
Bitcoin's own Wallet(for BTC)

Offline:
Ledger

But if you would like to buy/exchange crypto for money, that's where exchanges come in and those require KYC(zero risk and low fees).

If you're absolutely against KYC, you can buy/sell it from P2P platforms like Localbitcoins and so on(medium risk and high fees).
 
Decentralized crypto wallets (Trust Wallet, Atomic Wallet, etc) do not have KYC and in these one can securely hold, send and receive various crypto coins. For buying crypto, one has to use an exchange (Binance, etc) and Binance and other major cryptocurrency exchanges across the globe have been rolling out and making KYC mandatory.
 
TheGreyMatter said:
Just the wallet would never ask you for KYC as they just hold your currency.

Examples:
Trust Wallet(by Binance)
Blockchain.com
Bitcoin's own Wallet(for BTC)

Offline:
Ledger

But if you would like to buy/exchange crypto for money, that's where exchanges come in and those require KYC(zero risk and low fees).

If you're absolutely against KYC, you can buy/sell it from P2P platforms like Localbitcoins and so on(medium risk and high fees).
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Thanks mate. So basically there's no Binance-esque exchange that doesn't require KYC?

Which p2p would you recommend?
 
Raj Kesu said:
Decentralized crypto wallets (Trust Wallet, Atomic Wallet, etc) do not have KYC and in these one can securely hold, send and receive various crypto coins. For buying crypto, one has to use an exchange (Binance, etc) and Binance and other major cryptocurrency exchanges across the globe have been rolling out and making KYC mandatory.
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Ohhh. Aii. Thanks man
 
Do not trust an EXCHANGE that does not require KYC to hold your tokens. That sounds like a nightmare. If they don't require KYC, it's because they are scammers. That's it. An exchange can be decentralized and not require KYC. A wallet can be decentralized and not require KYC. But NEVER mix these together.
 
SocialManager said:
Do not trust an EXCHANGE that does not require KYC to hold your tokens. That sounds like a nightmare. If they don't require KYC, it's because they are scammers. That's it. An exchange can be decentralized and not require KYC. A wallet can be decentralized and not require KYC. But NEVER mix these together.
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Is the new bitcoin purchase feature on PayPal limited to US accounts alone or all other countries? Maybe I can buy with a stealth account.

Also do you know if PayPal has its own wallet or I have to send to an external wallet? Cheers

Cc @Raj Kesu @TheGreyMatter
 
Or is there any exchange where I can buy via PayPal?
 
@brownrider Binance P2P (peer to peer) has the Paypal option, but you will almost never find anyone ready to receive Paypal in order to sell you crypto (same goes for localbitcoins dot com) : The reason being that with Paypal there is a high risk of a dispute (chargeback) easily being raised (even for no valid reason).
As of now PayPal offers support for cryptocurrency in the US & UK only. PayPal users in the US & UK can buy, hold & sell cryptocurrencies including Bitcoin directly in the platform.
 
sulemalin said:
Ledger? Am i wrong?
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Ledger wallets are hardware cryptocurrency wallets made by a company named Ledger.
But, when you hear or read "blockchain ledger", that is the ledger of transactions stored on the blockchain.
It may sound confusing to a crypto newbie (like it was to me 3 years ago). But, since many are crypto newbies and crypto is getting embraced and here we are explaining about crypto wallets : PLEASE when you start to use a crypto wallet, NEVER share it's pass phrase / private keys with anyone whatsoever.
 
exodus, safepal and trustwallet is the best.
for bitcoin only: mycelium for android and electrum for windows
 
brownrider said:
Thanks mate. So basically there's no Binance-esque exchange that doesn't require KYC?

Which p2p would you recommend?
Click to expand...
For no KYC there is bisq. Look it up. It is like the napster of crypto. Not much liquidity for smaller coins but it is a great project in the true spirit of crypo decentralization.
 
I am using mycelium wallet . It does not require KYC. It has all btc features like Replace Fees, Child Pay for Parents etc. Best of all is that your coins does not leave your wallet till at least 1 confirmation gets broadcasted on the blockchain.
 
I think all centralized exchanges require KYC. Some require more info than others tho.
 
Josh Butler said:
I am using mycelium wallet . It does not require KYC. It has all btc features like Replace Fees, Child Pay for Parents etc. Best of all is that your coins does not leave your wallet till at least 1 confirmation gets broadcasted on the blockchain.
Click to expand...
Also using Mycelium. Wasabi is also a good alternative if you are looking for anonymity.
 
I am using trust wallet. I do not store a lot there because I am not sure how secure it is or what security it has in case of some hack.
 
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