Kryptowaluty is a topic that has sparked all the debate about modern finance for years. Despite the success of some cryptocurrencies (Bitcoin is often famous as an example here), most of us still view them with suspicion. For this reason, crypto money exchanges that do not require very advanced verification when creating an account are of great interest. One of them is the most popular cryptocurrency exchange Binance. What is this platform? By reading the following article, you will learn the most important information about this cryptocurrency exchange. Anonymous cryptocurrency exchange without verification, i.e. …?
What does the information about what Binance really means mean? cryptocurrency exchange without verification?
The distinguishing feature of Binance is that it is an exchange. Without KYC. Probably anyone interested in how Bitcoin and other virtual currencies work, know the acronym KYC, which means “Know Your Customer.” KYC is a standard procedure whose essence is simple: to obtain the most important data (sensitive data) about customers using cryptocurrencies. The purpose of this action is lofty (that is, to prevent the so-called “columns” from working, to finance terrorism, etc.), but on the other hand it raises some objections and concerns for some users. As with most of the exchanges that provide services, no wonder kryptowaluty new users are required to submit a scan of their ID card or passport. By the way, this type of verification is not required in order to be able to use this exchange. And for this is the anonymous cryptocurrency exchange.
Of course, this does not mean that the free use of the cryptocurrency exchange function does not depend on the performance of certain verification activities. However, it is worth noting here that this is only information such as the user’s name, surname, address and date of birth. This is the basic type of verification that imposes a daily withdrawal limit of 300 EUR on the user. In a nutshell – without sending documents (ID card, passport or invoices confirming the residence address), without carrying out the KYC & AML procedure, the account can remain anonymous and does not require any verification.
For those who want to achieve a higher daily transaction limit, it is possible to verify the face (this stage is carried out using a webcam installed on a computer, laptop or smartphone) and the ID (only in this extended variant is required). send a copy of the registration document) – this means that the user receives a transaction limit of 50 euros per day. The most comprehensive variant that allows you to trade on the exchange up to 000 euros per day requires confirmation of the address, as well as completing other verification methods. To do so, please contact the customer service department and prove your address.
Unlike most known cryptocurrency exchanges, the main use of Binance.com exchange does not mean that identity documents must be scanned (which, by the way, is this requirement that is most criticized by cryptocurrency users). This solution is also beneficial from a security point of view (unfortunately, anyone involved in cryptocurrency trading must account for data leakage as a result of hacking attacks). What exactly is this platform? Short story
Before discussing the most important advantages and disadvantages, as well as how to use the most popular anonymous exchange without verification, it is worth giving the most important information about it. The platform has been on the market for several years (since 2017) – quite a long time in such a modern and dynamically developing market as virtual currencies. More importantly, the first few months of the exchange’s operation brought a sharp increase in interest from users, making it one of the most important cryptocurrency exchanges in the world. Initially, the headquarters of the stock exchange was in Shanghai, and then it moved several times (including Malta and Hong Kong, and now the seat is in the Cayman Islands). Learn more about the stock exchange in the comments published here. Binance as an anonymous exchange – advantages
This platform has been gaining popularity in recent years. Why is this happening? The answer is simple: this is due to the fact that the use of it brings many benefits for the user. The main advantages of using the exchange are the following features, among others:
- a large number of supported cryptocurrencies. Currently, several hundred types of virtual currencies are available, including: The most popular kryptowaluty, how: Bitcoin and Ethereum. Thanks to this solution, users have a lot of freedom in which virtual currencies to trade;
- low commissions;
- efficient operation of the virtual currency trading panel and low failure rate;
- the possibility of purchasing virtual currencies by payment card (also in PLN) – verification will be required in this case;
- availability of services such as FIAT currency support and Stablecoins;
- availability of the OCO order option, which allows you to open a sell and buy position at the same time with the same capital value;
- no need to verify the account and send documents, anonymity (this direction has already been described);
- the ability to trade with leverage;
- no fees associated with the creation and maintenance of an account on the exchange;
- The availability of the Polish language version and service in Polish can be of great help, especially for people who have a poor command of the English language.
The advantages presented above are not all of the advantages of trading cryptocurrencies through this platform. It is also worth mentioning such aspects as, for example, the good working quality of the customer service department and the technical support (available XNUMX hours a day and every day of the week). In addition, promotions are available for exchange users, including a 1% commission discount. Binance as an anonymous exchange – disadvantages
You should only trade cryptocurrencies to trade anonymously on the exchange and not have to verify your identity. Options for buying digital currency via credit cards or bank transfer require you to go through the verification phase.
Some novice users point out that the client panel seems too transparent and inaccessible to new users.
As with almost all service exchanges kryptowaluty – also in the case of this trade-off, the risk of hacking attacks must be taken into account. Fortunately, exchange owners are trying to improve it in a way that minimizes the risk of data leakage. How to open an anonymous account?
A large number of users who will buy and sell kryptowaluty through the anonymous exchange Binance ask themselves: How should I open an account?
The steps required to open an account are not much different from other platforms. To do this:
- Go to the website https://www.binance.com/pl and select the “Create an account” yellow, rectangular button;
- enter your email address and password in the form that comes with it (it should consist of letters, numbers and special characters to ensure security). In this section, you can read the terms and conditions of use of the service. To complete the registration, you also need to pass the anti-spam protection, for example, in the form of a graph, and click on the activation link sent to our email box (depending on the settings of our email, be in the Spam folder).
That’s pretty much when it comes to opening an account on the stock exchange – this process shouldn’t take more than a few minutes.How is the first trade done?
Originally posted 2022-04-30 02:48:35.
