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Another list of Anonymous Exchangers - by Bitcoin.com

These Exchanges Allow You to Trade Cryptocurrencies Without Knowing You

Platforms providing traders with the opportunity to exchange cryptocurrencies have increasingly started to apply registration requirements. In many cases, these are justified on the basis of newly introduced KYC and AML regulations. As it turns out, however, there are still exchanges that allow users to swap digital coins without requiring a verified account.

Also read: Coinsquare Lays off 40 Employees in a Troublesome Month for Crypto Exchanges

Losing the Balance, Again

The question regarding the balance between privacy and transparency predates the birth of Bitcoin. Decentralized digital currencies came into existence partly as a response to the trend of economies and societies moving in a cashless direction, which threatened privacy. In a way, they reintroduced the concept of cash, with its relative anonymity, into the digital space, and not at the full expense of transparency per se.

This new balance has been challenged. Crypto exchanges nowadays find themselves caught in the crossfire between what many of their customers want in terms of privacy, and what regulators require them to do to limit it. Identity verification makes some sense in the case of crypto-to-fiat transactions, for tax purposes or to prevent illicit activities. But crypto-to-crypto transactions have also become a target and it’s not clear why – many countries, like Poland for example, exempt them from taxation.

Leading crypto exchanges operating in the U.S., Europe and globally are now collecting personal information from traders. This is sometimes done through loyalty programs that come with certain benefits and is often justified with the need to comply with new KYC and AML rules. These requests are usually accompanied with promises to protect the collected data. Critics have warned, however, that the ...

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