No KYC Required
NinjaSwap doesn't require formal KYC (Know Your Customer) verification to use our platform. You can exchange cryptocurrencies without providing identity documents, making the process quick and private.
Unlike many cryptocurrency exchanges that require extensive personal information and verification procedures, NinjaSwap is designed to prioritize your privacy while maintaining security. This article explains our verification approach and what you can expect when using our platform.
Our Privacy-First Approach
At NinjaSwap, we believe that cryptocurrency exchanges should be accessible without invasive verification requirements. Our platform operates on the following principles:
- No mandatory ID verification or document submission
- No facial recognition requirements
- No personal information collection beyond what's necessary for account functionality
- No mandatory residential address verification
What's Required to Use NinjaSwap
For Basic Usage
- Valid email address (for account creation only)
- Cryptocurrency wallets for receiving and sending funds
- Password for secure account access
Recommended Security
- Email verification (for account recovery purposes)
- Two-factor authentication (2FA) for enhanced security
Account Tiers on NinjaSwap
While we don't require KYC verification, we do offer different account tiers that provide additional benefits as you use the platform more:
- Email-verified account
- Completed 5+ successful exchanges
- Account age over 7 days
- 2FA enabled
Fee discounts
- Completed 20+ successful exchanges
- Account age over 30 days
- 2FA enabled
Priority support
Maximum fee discounts
Wallet Verification
While we don't verify your identity, we do need to verify wallet ownership for security purposes in certain scenarios:
Large Transactions: For unusually large transactions, we may request a small test transaction from the same wallet to verify ownership.
Suspicious Activity: If we detect potentially suspicious activity, we may request wallet verification to protect your assets.
High-Value Address Book Entries: When saving wallet addresses for future use, verification helps prevent typos and unauthorized changes.
Why NinjaSwap Doesn't Require KYC
We've designed our platform to prioritize privacy while still maintaining robust security:
- Privacy Focused: We believe in the core principles of cryptocurrency - decentralization and privacy.
- Non-Custodial: We don't hold your funds for extended periods, so the risk is minimized.
- Security First: We employ advanced security measures like encrypted communications, 2FA, and real-time monitoring.
- Streamlined Experience: Eliminating KYC means faster exchanges without waiting for document verification.
What We Don't Require
- Government-issued ID verification
- Selfie or facial recognition
- Proof of address documents
- Phone number verification
- Full name or date of birth
Important Notes
- While we don't require KYC, we still maintain strong security measures to protect against fraud and abuse.
- We comply with all applicable laws and regulations regarding suspicious transaction monitoring.
- Our privacy-first approach doesn't mean we tolerate illegal activities — we have systems in place to detect and prevent misuse.
- For specific jurisdictions with unique regulatory requirements, additional verification steps might apply.
If you have any questions about our verification process or security practices, pleasecontact our support team for assistance.