Today, transactions within one blockchain or cross-chain swaps are becoming more and more popular in the crypto industry and beyond. Anybody can buy crypto with credit or debit card, however, you will need to share your personal details with the exchange platform and/or verify your identity for larger sums of money. A few years ago, KYC (Know Your Customer) procedure was introduced to protect both customers and trading platforms. Most crypto exchanges require you to sign up with them, take your selfie, send in your ID, and provide your credit/debit card details to buy or sell crypto coins. As the market is becoming more regulated, it gets more difficult to find an exchange with no KYC for buying crypto. In general, a KYC procedure may include ID card verification, face verification, document verification such as utility bills as proof of address, and biometric verification. Banks and exchange platforms must comply with KYC regulations and anti-money laundering regulations to limit fraud. Many customers, especially in the crypto industry, find this inconvenient and believe that KYC or verification contradicts the whole idea of cryptocurrencies and the freedom they provide in the digital world. Crypto users who are extremely protective of their privacy continue to seek out exchanges and swappers that are free from KYC despite the associated risks. That’s why it makes us happy to announce no KYC crypto purchases! How Does Buying Crypto Without KYC Work at StealthEX? As StealthEX respects its customers and wants to make your experience with us as comfortable as possible, we introduce no KYC purchases to new StealthEX users. It will be one extra step towards the freedom our customers require and a more user-friendly experience for them. If you’re tired of endless IDs and providing all the platforms with your personal details, StealthEX is for you. The platform gives you a great opportunity to exchange crypto without boring verifications. Thanks to StealthEX you can now purchase an amount of crypto without KYC if it’s less than $700 or the equivalent of this amount in other currencies. As long as your total purchases don’t exceed $700, you don’t have to verify your identity. You can make one big purchase or several small $20, $50 or $100 transactions. StealthEX allows users to seamlessly exchange their assets across chains in minutes without the need to verify their identity. By offering an opportunity of buying cryptocurrency up to $700 without KYC StealthEX aims to simplify the process of entering the world of cryptocurrency. Now, is this even legal? Yes, it is. As a rule, exchanges must identify the customer if they want to buy or withdraw funds over $1000 or more while purchases under $1000 do not require verification checks. Tiresome and long verification processes even for the smallest amounts of crypto should be a thing of the past. StealthEX is here for you to smoothen your online crypto purchases How Can You Benefit from No KYC Swaps? If you’re a newbie and have little or no experience with cryptocurrencies, you are far more likely to try and make a small purchase via a platform that will provide you with a seamless user experience. Nobody likes verification procedures and nobody likes to wait for their documents to come through. No one seems to have time to do that in the internet, where most things can be accessed instantaneously. A large number of customers are more likely to give up an onboarding process if it’s long and turns those endless minutes of waiting into hours, and you will most definitely be putting the KYC procedure off and could potentially miss the moment to buy your preferred crypto at a great price. All of this is even more true for crypto enthusiasts that love the digital crypto world for its quick transactions. It’s a fact that swapping your crypto through an exchange is way more tedious, time-consuming and/or expensive than just using an instant non-custodial swapper like StealthEX. No KYC buyer’s experience lets StealthEX introduce the simplicity of crypto swaps and help their customers stay happy and content. While crypto exchanges provide a lot of extra features, including trading, it’s easier to swap cryptocurrency via platforms like StealthEX: now, you don’t need to collect all that boring paperwork to buy crypto. How to Buy Bitcoin with Credit Card Without KYC? Here’s how you can make a crypto purchase on StealthEX:
For many people starting out in crypto, the choice of crypto platforms may seem endless and confusing. Every crypto hub has its own features, policies, collection of crypto assets, liquidity pool, and requirements for trading/exchange. There are a number of major and well-known custodial traditional exchanges like Binance, Coinbase, Huobi, and more, and there are lesser-known private non-custodial solutions. But what’s the difference between these exchange platforms and what benefits does instant crypto exchange offer? Let’s find out more about the world of crypto swappers. Custodial vs. Instant Crypto Exchange Custodial Crypto Exchanges Pros: Custodial exchanges are online platforms that allow users to buy and sell cryptocurrencies, such as Bitcoin, Ethereum, Cardano, Monero, Solana, etc. These exchanges act as custodians, holding the assets and private keys on behalf of the user and facilitating the buying and selling process. One of the main advantages of custodial exchanges is that they offer simplicity for beginners to get started with crypto trading. Custodial exchanges have a range of features and provide you with a number of tools, such as charting tools, real-time market data, and the ability to set stop-loss orders, which can be helpful for more experienced traders. These platforms can be seen as huge hubs where crypto enthusiasts flock to sell/buy and exchange crypto. Cons: However, there are also some drawbacks to using custodial exchanges. One of the main risks is the potential for hacks or security breaches where users will have their funds stolen. The last year is notoriously known for the number of crypto hacks which led to the loss of millions of dollars. In addition, custodial crypto exchanges also typically charge fees for their services, which can impact the profitability of trades. Additionally, KYC/AML procedures make the process of signing up with a major exchange inconvenient. Sharing your data may not be safe and the verification process can take days or even weeks, making it difficult for a newbie to get started in crypto. Moreover, custodial crypto exchanges are not always instant, and it’ll take time before you make the exchange. Instant Crypto Exchanges Instant or non-custodial crypto exchanges and traditional exchanges are different and have essentially been created for different use cases. Non-custodial exchanges (referred to as DEXs, Decentralized Exchanges) are online platforms that allow users to buy and sell cryptocurrencies without holding their assets or private keys. Instead, non-custodial exchanges facilitate peer-to-peer trades, meaning that users can trade directly with each other without the need for a third party to hold their assets. Instant crypto exchanges, such as StealthEX, do not require storing funds on the platform – they do instant crypto swaps between crypto wallets. One of the main benefits of non-custodial crypto exchanges is that they offer more control to users over their assets. This can be particularly appealing to users who are concerned with security and privacy. Another advantage of non-custodial exchanges is that they often have lower fees compared to custodial exchanges. This can make them more profitable for traders who are looking to minimize their costs. Developing an understanding of instant crypto exchanges will help you determine which solution best fits your needs. Below are the reasons why an instant crypto exchange like StealthEX may be a convenient tool to use in your everyday life as it offers you a great opportunity to buy BTC instantly with a debit card. Exchange Crypto Instantly with StealthEX In a nutshell, StealthEX is an instant cryptocurrency exchange for limitless swaps. It is a non-custodial crypto swap platform that never holds your funds. The service offers its customers a wide range of assets that is regularly updated for you to buy crypto instantly with debit/credit cards or exchange one crypto for another. At the moment, the vast crypto collection includes over 2,000 popular and rare cryptocurrencies, and the list grows every month. Here are the main features of this instant crypto exchange: