Can you exchange crypto without a ID?

These exchanges permit the trading of cryptocurrencies without requiring users to furnish their identification documents, proof of address, or any other personal details.

The scope of this anonymity, however, is typically limited to transactions between cryptocurrencies. Users can buy and sell digital assets without revealing their identities.

It is noteworthy that these anonymous trading facilities do not extend to depositing or withdrawing fiat currencies. Fiat deposits and withdrawals, such as those involving USD or EUR, usually require rigorous verification procedures.

While the trend towards stringent regulations in cryptocurrency exchanges is gaining momentum, there remain centralized platforms that offer users a degree of anonymity.

This restriction ensures that the exchange adheres to anti-money laundering regulations and other compliance measures. By limiting anonymous trading to crypto-to-crypto exchanges, these platforms aim to strike a balance between user privacy and regulatory compliance.