News

What‌ ‌Is‌ ‌the‌ ‌Most‌ ‌Anonymous‌ ‌NO‌ ‌KYC‌ ‌Crypto‌ ‌Exchange‌ ‌Platform?‌ ‌

Written by: Coinpedia

Written by right arrow

Coinpedia

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Nov 29, 2021

    news-image

    Many internet users prefer to hide their identities and remain anonymous on a cryptocurrency exchange. However, the KYC procedure that many exchanges use does not allow them to do this.  

    Advertisement

    KYC (“know your customer”) is a procedure for collecting personal data about each user. The official version of the procedure does not raise any questions. However, it is not uncommon to find stories on the internet that the data collected on the cryptocurrency exchange was made publicly available without the owners’ knowledge.

    But it’s not just a name and an email. Often, the procedure involves sending your photo with a piece of paper showing the date, as well as an I.D. card and much more.

    It is not surprising that users of cryptocurrency exchanges are looking for NO KYC crypto trading platforms. 

    In this article, we will talk about a promising NO KYC crypto exchange platform, Crypton Exchange — crp.is.

    What is special about the CRP.IS no KYC crypto exchange?

    Crypton Exchange is an anonymous, decentralized cryptocurrency platform and a part of the Utopia P2P ecosystem. The exchange was created and integrated into the decentralized network, which provides an anonymous and secure internet experience for all its users. This is a one-of-a-kind ecosystem that has no analogs or competitors.

    The ecosystem is based on a peer-to-peer architecture, which means the absence of a single server for data storage. In addition, the ecosystem includes a messenger, chats and channels, a browser, a mineable privacy coin CRP, the UUSD anonymous stablecoin, and an internal cryptocurrency exchange — Crypton Exchange.

    selective focus photography of graph

    The main advantage of Crypton Exchange is the absence of KYC. Registration is completely anonymous and does not require entering a real name, email, passport data, or photos. The process is closely related to registration in the ecosystem (without a Utopia account, you will not be able to register on the exchange.) Therefore, first you need to download and install Utopia and go through a quick, anonymous registration, for which you only need a nickname and password. After that, the ecosystem will do the rest.

    Crypton Exchange provides a safe and convenient way to buy, sell, exchange, or withdraw privacy cryptocurrency. To date, the project and its exchange have several crypto coins: Crypton (a privacy coin and the main payment unit of the Utopia P2P ecosystem), as well as UUSD (Utopia’s stablecoin supported by the U.S. dollar.) Soon, new privacy coins will be added on the exchange.

    Crypton Exchange stands out among competitors because it is a new generation “digital offshore.” This is the only cryptocurrency platform that offers such advantages without a KYC protocol.

    In addition, the exchange functions perfectly in the territory of different countries and has no prohibitions on use by citizens of the United States or other countries. Furthermore, the exchange does not have any links with centralized projects or exchanges. Moreover, all transactions transferred through the platform are based on the blockchain, so no one will be able to track any of their details.

    The key points that are worth paying attention to:

    – NO KYC

    – The lowest fees

    – Anonymous and secure registration

    – Backed by the decentralized ecosystem

    – Unlimited withdrawal of funds

    To date, the exchange trades two currencies: Crypton (CRP) and the stablecoin UUSD.

    *Spoiler: Soon, other cryptocurrencies will be added to the exchange.

    What is Crypton (CRP)?

    Crypton (CRP) is a mineable privacy coin and the main monetary unit of the decentralized Utopia P2P ecosystem. It is stored in the built-in crypto wallet of each Utopia network participant — uWallet. It is a secure and convenient crypto financial container for storing your CRP in one place.

    The main function of the CRP is to provide secure and anonymous payments. Due to the special blockchain architecture of the network, all the source data of financial transactions are inaccessible to third parties and cannot be traced by them. All participants in transactions remain anonymous.

    https://u.is/img/currency/crypton.png

    In addition, the Utopia Treasury mechanism automatically adjusts the Proof-of-Stake (PoS) rate to make Cryptons the most stable currency with the lowest volatility. All holders of Cryptons are eligible to receive PoS rewards according to the current rate and distribution schedule.

    What is UUSD?

    The Utopia USD stablecoin (UUSD) is a full-fledged and anonymous currency designed for anonymous payments with a 1:1 parity with the U.S. dollar. It was created based on the Utopia peer-to-peer blockchain. Stablecoin allows you to save all earnings without losses.

    It is traded on several exchanges, including the Crypton Exchange, providing a secure, cost-effective, anonymous conversion. In addition, it provides a tax-free purchase system and the lowest fees on the market.

    Conclusion

    Does a NO KYC crypto exchange stand out among competitors? Absolutely! The answer is obvious. The most important difference is the safety of use. It is unique in that it is integrated into a decentralized network built on peer-to-peer technology and the blockchain. Such a system prevents the leakage of financial transaction data.

    Therefore, Crypton Exchange is one of the most decentralized and private cryptocurrency exchanges of this time, ready to become the main “digital offshore” right now.

    Description: Are you searching for the most anonymous focused NO KYC crypto exchange? Get acquainted with Crypton Exchange — the most anonymous and secure place to trade

    Show More

    Was this writing helpful? myImage dislikeimage

    Coinpedia

    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Related Articles

    Back to top button