Hello out there,
Where should one go to find a trading platform (exchange OR broker) where you can conduct large-scale deals/deposits, without a tiresome KYC process.
I have a substantial amount which I am ready to place in the market, but I am met with a process and attitude from some brokers and institutions which basically is reminiscent of the 'good old' UK banks and the like.
I guess it is to comply with financial authorities, and to gateway the legislation. But for me as an investor, and believer in the blockchain it is concerning. That is not what we set out for.
For now, which brokers/exchanges would you recommend where there isn't KYC/AML processes similar to what we know from the regular banking system?
And let me proclaim very clear, it is not that there is any issue with the money. It is all fully compliant with tax authorities in my home country (Denmark) and accounted for.
It's just that I am sad to be taken through a KYC/AML process which is reminiscent of a tax audit in order to get ready to invest in the larger scale.
Looking forward to your tips!
Hello @Nlrsen bit late to get to you but the KYCing is an arduous task. I have been with this broker for few months now and they offer anonymous accounts. The deposit are a breeze. As the entire deposit process is auto, you simply need to sign up, send the funds to the wallet listed in your client side and the funds hit ur account within minutes. FYI the deposits are only in cryptos, therefore KYC is not required. Ant they are pretty legit had been with them for sometime and have sent and withdrawn decent amounts of fund. You can google coinexx to find them. And mind you look for coinexx dot COM . As there is a coinexx dot ORG as well out there. They seem to be mimicking the broker and are scammy but not related to coinexx dot COM. So the dot com guys should be what you are looking for.
You can always test them with a small amount. Hope it helps
