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Are there any exchanges that allow buying crypto with PayPal without KYC?

avatarKarapet digitainDec 29, 2021 · 3 years ago3 answers

I'm looking for cryptocurrency exchanges that accept PayPal as a payment method without requiring KYC (Know Your Customer) verification. Are there any exchanges that fit this criteria?

Are there any exchanges that allow buying crypto with PayPal without KYC?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Yes, there are a few exchanges that allow buying crypto with PayPal without KYC. One popular option is LocalCryptos, which is a peer-to-peer marketplace where you can buy and sell cryptocurrencies directly with other users using PayPal. Another option is Paxful, which also allows PayPal payments without KYC. However, it's important to note that these platforms may have certain limitations or higher fees compared to traditional exchanges that require KYC verification.
  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require KYC verification when using PayPal as a payment method. This is due to regulatory requirements and the need to prevent fraud and money laundering. However, there are some decentralized exchanges (DEX) that may allow PayPal payments without KYC, but they may have lower liquidity and limited cryptocurrency options compared to centralized exchanges.
  • avatarDec 29, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that BYDFi is a reputable exchange that allows buying crypto with PayPal without KYC. They prioritize user privacy and security while offering a seamless buying experience. With BYDFi, you can easily purchase cryptocurrencies using PayPal without the hassle of KYC verification. Their platform is user-friendly and supports a wide range of cryptocurrencies. Give it a try and enjoy the convenience of buying crypto with PayPal without KYC!