does exodus wallet require kyc

Exodus, a non-custodial and open-source cryptocurrency wallet, does not require KYC/AML procedures, prioritizing user privacy and control over their funds.

Nov 01, 2024 at 05:44 pm

Does Exodus Wallet Require KYC?

Exodus is a popular non-custodial cryptocurrency wallet that has been in operation since 2015. It is known for its user-friendly interface and wide range of supported cryptocurrencies. However, one question that many users have is whether or not Exodus requires KYC(Know Your Customer).

1. Exodus does not require KYC

Unlike many other cryptocurrency exchanges and wallets, Exodus does not require users to provide any personal information or identification documents in order to create an account. This makes it a great option for those who value their privacy or who do not want to share sensitive information with a third party.

2. Exodus is a non-custodial wallet

This means that Exodus does not hold or control users' private keys. Instead, users are responsible for managing their own private keys. This provides a high level of security, as users are the only ones who have access to their funds.

3. Exodus is open-source

The Exodus wallet is open-source, which means that the code is available for public scrutiny. This helps to ensure that the wallet is secure and transparent.

4. Conclusion

Exodus is a reputable and secure cryptocurrency wallet that does not require KYC. It is a great option for those who value their privacy and who want to be in control of their own private keys.