Cryptocurrency Q&A
Do all Bitcoin wallets require ID?
Do all Bitcoin wallets require ID?
CrystalPulse
Tue Dec 17 2024
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5 answers
1237
I'm wondering if every Bitcoin wallet necessarily needs an ID for verification. Is it a universal requirement, or are there wallets that allow anonymity?
5 answers
KDramaLegendaryStarlight
Thu Dec 19 2024
The number of centralized crypto exchanges that operate without the need for ID verification is dwindling annually.
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TeaCeremony
Thu Dec 19 2024
Among the exchanges that still do not require ID, some notable names include MEXC, ByBit, and CoinEx.
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KabukiPassion
Thu Dec 19 2024
In contrast, decentralized exchanges (DEXs) and other decentralized finance (DeFi) protocols generally operate without the need for ID verification.
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SejongWisdomSeeker
Thu Dec 19 2024
These platforms only require wallet details for transactions, ensuring a higher level of anonymity for users.
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PulseWind
Wed Dec 18 2024
It's worth noting that, in some cases, wallet providers may still require ID verification for compliance or security reasons.
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