Tag: KYC

Top 5 Crypto Exchanges to Trade Without KYC

The crypto market has attracted several stakeholders since Bitcoin came to life a decade ago. Some of these participants include traders looking to capitalize on the volatile market. Nonetheless, they are faced with some challenges when it comes to Know Your Customer (KYC) procedures. These are laid out requirements in terms of official documentation that must be presented for one to be qualified as a client within a given crypto …
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Compliant KYC Verification Doesn’t Require Users to Submit Identity Documents

Many cryptocurrency enthusiasts dislike the process of sharing identity documents with exchanges and other service providers PayTrie is experimenting with a different KYC solution, known as Express Verification.  Sharing sensitive identity verification documents with third parties carries significant risks. Simplifying KYC Verification More often than not, a data breach of a third party handling this data will expose users to all kinds of scam attempts. PayTrie acknowledges something needs to …
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Binance Hasn’t Leaked KYC Data, Claims “Evidence” is Contradictory

Data breaches and hacks are nothing new in the cryptocurrency world. Many exchanges and service providers have been a target for criminals for as long as most people can remember. Binance has seemingly become one of the new targets as of late, albeit it remains unclear if the exchange itself is to blame for this incident. The 300 Bitcoin ransom, however, is a very real demand which will need to …
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MyEtherWallet Introduces a KYC-Free Crypto-to-Fiat Conversion

Companies active in the cryptocurrency world need to keep growing and evolving at all times. That is often easier said than done for most service providers. MyEtherWallet has introduced a new feature which many users will enjoy. Users can exchange crypto to fiat without KYC verification. An Unexpected Gift From MyEtherWallet Most cryptocurrency enthusiasts are familiar with the MyEtherWallet platform. It is a user-friendly way of dealing with Ethereum balances, …
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