Been in crypto for a few years but took a break. Coming back now and everything feels different. Every exchange wants ID, selfies, proof of income — the whole thing.
I just want to buy some coins without handing over my entire life story. Not trying to hide from taxes or anything, just don't trust these platforms with all my personal data after seeing so many get hacked or freeze accounts randomly.
What's the workaround in 2026? P2P? Decentralized swaps? Something else? Looking for real methods people are actually using, not just theory.
After being away for the period you did, I don't think it would be proper to assume that there has not been any further developments or advancement when it comes to exchanges and the Blockchain network. There so much upgrades and even AI integration that has been done is still being down to make things more complicated for new comers and old timers that fail to stay abreast with the latest trends.
You obviously have information lag and you have to resolve this by doing some research and deep study so as to be current and up to date.
However, I can direct you to these links for quick and deep study while I iterate you with some tips to stay safe:
For one, you should let funds sit in your account for at least 24- 48 hours before moving it to an exchange.
The names you use when buying crypto currency from your bank should match.
Lastly, never use a VPN to buy crypto currency mostly when dealing with your bank app.