Maintaining privacy often tops the list of requirements for users purchasing USDC (USDC) with US dollars (USD). Cryptocurrency exchanges often require clients not only to create a profile but also to undergo numerous verification procedures. These procedures are technically necessary to ensure the security of fiat and virtual asset transactions and personalize the service, but in reality, they compromise anonymity. Another disadvantage is the time and effort required to verify and confirm payment instruments. It’s understandable why exchanges that rely on their own reserves and don’t impose such strict requirements are gaining popularity. While they lack the functionality of exchanges, they make entering the cryptocurrency world accessible to everyone.
Why don’t some exchanges require verification?
No “bonuses” from exchanges can compensate for the inconvenience clients face when undergoing verification procedures. Exchangers offer a more accommodating approach, making them a universal choice for those looking to buy USDC (USDC) with US dollars (USD) for investment, settlements, and other purposes. Newcomers are concerned about security, but this is not a concern – trusted platforms operate using SSL encryption technology, minimizing the risk of data loss.
The main reasons why online exchangers create the simplest possible conditions for buyers of the USDC stablecoin are:
- No direct storage of virtual assets on the website due to automatic transfers.
- Predominantly small exchange amounts.
- Lack of direct control over fiat funds.
- Interest in increasing a loyal clientele.
At the same time, reliable portals always operate in accordance with regional and international legislation. Accordingly, depending on the jurisdiction and the transaction amount, KYC/AML verification may be required. However, in any case, the process will be significantly faster and simpler than using a crypto exchange.
You can also avoid registering on the website, but it’s important to consider the financial nuances. Authorized users have access to higher limits and lower fees—it’s worth spending 1-2 minutes filling out a simple form. A personal account on the website is useful for those who regularly trade USDC and other assets—you can view your transaction history and plan your future capital management strategy.
Other advantages of purchasing USDC stablecoin with USD
The lack of numerous checks isn’t the only reason for the increased demand for exchange services. Other advantages include:
- 24/7 operation;
- maximum order processing and execution speed;
- support for a wide range of fiat and cryptocurrency assets;
- easy navigation of the platform’s functionality.
Naturally, not every exchange service meets customer expectations, so it makes sense to choose a resource using a trusted aggregator, such as bestchange.com.
