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Top 3 Anonymous Converters for Exchanging Bitcoin (BTC) to Energi (NRG)

Cryptocurrencies have taken the world by storm. That would explain why Coinmarketcap has thousands of cryptocurrencies listed. It would be easy for new cryptocurrency enthusiasts to get overwhelmed. However, this article will not cover the peculiarities of cryptocurrencies. Instead, it will talk about the most trusted anonymous cryptocurrency exchanges you can use if you want to exchange your Bitcoin for NRG coins. First, it may be vital for you to understand what a cryptocurrency exchange is. Also, how a standard cryptocurrency exchange differs from an anonymous exchange.

A brief introduction to cryptocurrency exchanges

There are those who choose to exchange crypto by converting them to fiat money and then to the desired cryptocurrency. Cryptocurrency exchanges make this process redundant. They allow you to exchange one coin for another directly. The difference between a regular crypto exchange and an anonymous cryptocurrency is that the former will need identification details while the anonymous exchange will not.

Anonymous cryptocurrency exchanges for exchanging BTC to NRG

Energi (NRG) is a relatively new cryptocurrency launched in April 2018 with revolutionary ideas. If you want to spend your Bitcoin to buy some NRG coins anonymously, here are three anonymous exchanges you should consider.

Uniswap

This cryptocurrency exchange, legally known as Uniswap Exchange, was founded in 2018 and is based in New York. It is a protocol or a set of programs on the Ethereum blockchain. It is anonymous and clear to use. Uniswap works by allowing people to lend their cryptocurrencies to special reserves known as liquidity pools.

Here are some pros of using Uniswap;

  1. It has low transaction fees.
  2. It is trustworthy because it’s run by programs.
  3. It is as safe as the Ethereum blockchain. Any security updates on the Ethereum blockchain improve Uniswap’s security.

Here are some cons to using Uniswap:

  1. It only supports ECR-20 tokens.
  2. It sometimes faces transaction failures.
  3. There is a prevalence for scam tokens because of open listing.

Godex

Godex is an anonymous platform that offers over 200 currencies. It allows its users to perform swaps easily and anonymously. You can conduct a btc to nrg exchange without giving out any personal info. While some crypto exchange platforms set limits for how much a user can anonymously exchange, Godex has no such limits. Transactions can take as short as 5 minutes. However, this will depend on how long it will take your current currency’s blockchain to record the transaction.

Other pros of using Godex are:

  1. It is very user-friendly.
  2. It has fixed rates.
  3. It has SSL encryption, physical protection of servers, and DDoS attack prevention mechansms.
  4. It uses automated systems to reduce chances of failure caused by human error
  5. It has excellent customer support.

KuCoin

This privacy-focused cryptocurrency exchange platform was launched in 2017 and is based in Hong Kong. It features over 200 digital currencies in more than 400 markets. It has great customer support with different chat options so customers can reach out easily. Traders using KuCoin will benefit from their low withdrawal, deposit, and trading fees. New crypto traders will love how easy and beginner-friendly it is to use. They also have good security measures in place.

However, the biggest con is that anonymity is available only to traders who wish to exchange a maximum of 2 BTC a day. This imposes a limit on large volume traders who also need anonymity. Sometimes, trading volumes can be low, especially with smaller coins with low liquidity. Additionally, you may also encounter difficulties when trading during high-traffic periods.

Why use an anonymous exchange

There are several reasons why someone would prefer anonymous crypto exchanges to centralized crypto exchanges.

  1. They allow you to hide any investments, profits, or losses from the government or other governing bodies.
  2. You may not fully trust the crypto exchange with your personal identifying information.
  3. You may wish to keep your transactions secret from certain people, for example, creditors, family members, or even your employer.
  4. Using anonymous services is sometimes faster and more convenient. This is especially true when compared to performing a cryptocurrency to fiat then to a cryptocurrency exchange.
  5. You want to keep your money safe from unauthorized access. If you have connected your wallet to a standard crypto exchange, an attack on the exchange will leave you vulnerable. This risk diminishes when using an anonymous crypto exchange platform.

Disadvantages of using anonymous exchange platforms

  1. Some may have exorbitant fees and commissions.
  2. Some set exchange limits that limit high-volume investors.

Conclusion

Anonymous cryptocurrency exchanges have several advantages that some users are looking for. If you wish to invest in NRG or any other cryptocurrency anonymously, your best bet would be to use a privacy-focused crypto exchange. Be sure to do your research to find the best exchange platform with the best security features. Additionally, be sure that they have excellent reviews and reasonable transactional fees.

If you still need assistance, you can always calls the bitcoin phone number.

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