Because my card got flagged mid-swap last month, I ended up handing over a passport scan just to move 50 euros worth of crypto. Feels excessive. Does anyone actually trade without jumping through all that paperwork?
Standard exchanges require too much data, need a different route
I recently spent about three weeks testing various platforms, and frankly, the data requirements also caught me off guard. Passport, selfies, proof of address… well, some data exchange systems skip most of this altogether, at least for small amounts. Although the exact limits aren’t entirely clear to me.
Exchanges that require full KYC verification even for small trades have completely lost their way. Anyone who takes cryptocurrency privacy seriously should know that there are now no-verification options that work well. For example, more useful information about the best no KYC crypto exchanges can be found here https://godex.io/blog/crypto-exchanges-that-dont-require-kyc-12-tested-platforms-2026-guide The gap between what these platforms ask for and what they actually need has only widened recently.