Cryptocurrency Q&A Do you need ID to buy Monero?

Do you need ID to buy Monero?

DigitalDragon DigitalDragon Wed May 22 2024 | 0 answers 0
Could you possibly clarify for me, is it necessary to present identification when purchasing Monero? I've heard conflicting opinions on this matter and I'm genuinely curious as to what the actual protocol is. Given the anonymous nature of Monero, I'm wondering if it falls into a category where identification is not strictly required for transactions. However, with the increasing regulations surrounding cryptocurrencies, I'm also aware that some exchanges might demand it. Could you please shed some light on this matter for me? I'd appreciate any insight you can provide. Do you need ID to buy Monero?

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