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How can I buy bitcoin without providing ID?

avatarTrentDec 31, 2021 · 3 years ago3 answers

I want to buy bitcoin but I don't want to provide my ID. Is there any way to buy bitcoin without going through the ID verification process?

How can I buy bitcoin without providing ID?

3 answers

  • avatarDec 31, 2021 · 3 years ago
    Sure, there are a few ways you can buy bitcoin without providing ID. One option is to use a peer-to-peer exchange platform like LocalBitcoins or Paxful. These platforms connect you with individual sellers who may be willing to sell bitcoin without requiring ID verification. Another option is to use a Bitcoin ATM, where you can buy bitcoin with cash without the need for ID verification. However, keep in mind that the availability of these options may vary depending on your location and the regulations in your country.
  • avatarDec 31, 2021 · 3 years ago
    Buying bitcoin without providing ID is possible, but it's important to be cautious. While peer-to-peer exchanges and Bitcoin ATMs may offer anonymity, they also come with their own risks. It's recommended to do thorough research, read user reviews, and choose reputable platforms or ATMs to ensure a safe transaction. Additionally, keep in mind that some exchanges may require ID verification for certain transaction volumes or if you plan to withdraw your bitcoin to a bank account.
  • avatarDec 31, 2021 · 3 years ago
    At BYDFi, we prioritize the security and compliance of our platform. We require ID verification for all users to ensure a safe and transparent trading environment. However, if you're looking for alternative options to buy bitcoin without providing ID, you can explore peer-to-peer exchanges, Bitcoin ATMs, or decentralized exchanges. Just remember to exercise caution and conduct due diligence to protect yourself from potential scams or fraudulent activities.