Investing in cryptocurrencies is a new trend. We all have heard stories about laypeople that made a fortune by buying and holding cryptocurrencies (particularly Bitcoin). Nowadays, buying cryptocurrencies is easier than ever. You just need to visit one of the many online exchanges and buy the digital coin of your preference.
Interestingly, many crypto enthusiasts and experienced investors prefer using an anonymous cryptocurrency exchange. Why? Why is anonymity so important when you buy cryptocurrencies? There are as many reasons as crypto users. But the most common ones are:
- Some cryptocurrencies are very valuable. If criminals know about a person’s large crypto holding, he or she could become a target of a robbery, kidnapping for ransom, or something else;
- Some cryptocurrencies are not completely anonymous. For example, a transaction with Bitcoin can be traced. Although the names of the persons involved in a transaction are not revealed, the wallet addresses are known to everyone. Bitcoin does it for transparency purposes. However, with some basic analysis, it is possible to uncover the identity of the people involved in a particular transaction;
- You may be in a disadvantageous position to negotiate. Imagine you own a business and pay two different suppliers with crypto. If your anonymity is compromised, a supplier can find out how much you pay a provider for the same products. This information will give an advantage to the provider during price negotiations.
Whatever the reason, a good crypto exchange must guarantee your anonymity. Whether you transact with Bitcoin or exchange TRON to SafeMoon, your identity should never be revealed. The good news is that you can find several crypto exchanges that protect your identity online. But, which one is the best? Which one offers the best service besides anonymity?
LetsExchange Offers Anonymity and Much More
We reviewed different online exchanges and found LetsExchange to be the best one in terms of anonymity and service. First and foremost, this exchange doesn’t require registration to allow transacting on the platform. Other exchanges require registration and apply KYC validation methods. This is not the case with LetsExchange. So, even if a security breach occurred, the identity of traders cannot be revealed.
Moreover, LetsExchange offers a non-custodial service. The exchange doesn’t store your private keys or any other information. Hence, the security of your cryptocurrencies is not compromised at any moment. For more protection, the exchange implements advanced online security to prevent hacker attacks.
However, LetsExchange offers much more than just an anonymous and secure exchange platform. It also offers a very intuitive user interface that’s suitable for traders of all experience levels. You don’t need any previous experience to start trading cryptocurrencies on LetsExchange. What’s more, this exchange supports 40,000+ trading pairs. With so many advantages, it is difficult not to choose this platform for any anonymous crypto transaction.