No, it is not possible to trade cryptocurrencies completely anonymously on an exchange. Most exchanges require users to provide personal information, such as their name, address, and government-issued identification, as part of their verification process. This information is used to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations, as well as to prevent fraud and other illegal activities.
Additionally, most exchanges maintain records of their customers’ transactions and activities, which can be subject to disclosure to law enforcement or regulatory authorities upon request.
While it may be possible to trade cryptocurrencies under a pseudonym or using a fake name on some exchanges, this is generally not recommended, as it can expose you to legal risks and make it more difficult to recover your funds in case of a security breach.
If you value your privacy, you may consider using decentralized exchanges, which allow you to trade cryptocurrencies directly with other users without the need for intermediaries. However, it is important to understand that even decentralized exchanges are subject to certain privacy risks and security threats, and you should always take steps to protect your information and funds
Rabi is the founder of Cryptoetf.in and a regular contributor. He is passionate about the crypto world and keeps up-to-date with the latest developments, always eager to share his knowledge with readers.