BIN coin

Bisq . It is also known as BitSquare; it is a peer-to-peer marketplace for currencies like Bitcoin, Ethereum, etc. It is the world’s only fully decentralized exchange where you need not enter your personal details like name, email address, and no KYC or AML.

How to Buy Don’t KYC (DKYC) [For Beginners]

KYC means “know your customer.” It refers to a financial institution’s obligation to carry out certain identity and background checks on its clients before allowing them to use its product or platform . It is part of a broader set of measures that regulators around the world use to fight money laundering.19 Oca 2022

While KYC may not be compulsory for all crypto-only exchanges , these processes should be implemented to manage the risk of money laundering and terrorist financing. While most popular exchanges are now implementing KYC procedures, some exchanges and wallets are still dragging their heels.