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How can I buy crypto without having to verify my ID?

avatarEllegaard BraggDec 30, 2021 · 3 years ago3 answers

Is there a way to purchase cryptocurrency without going through the process of verifying my identification?

How can I buy crypto without having to verify my ID?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require users to verify their identity before they can buy crypto. This is to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy crypto without ID verification. Keep in mind that using these platforms may carry higher risks and you should thoroughly research and understand the platform's security measures before making any transactions.
  • avatarDec 30, 2021 · 3 years ago
    Hey there! If you're looking to buy crypto without verifying your ID, you might want to consider using a Bitcoin ATM. These machines allow you to purchase Bitcoin and other cryptocurrencies using cash, and they usually don't require any ID verification. Just find a Bitcoin ATM near you, insert your cash, and follow the instructions on the screen to complete your purchase. It's a quick and easy way to get crypto without the hassle of ID verification!
  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we understand that some users prefer to buy crypto without verifying their ID. That's why we offer a unique feature called 'Anonymous Trading'. With Anonymous Trading, you can buy and sell cryptocurrencies without the need for ID verification. Simply sign up for an account, deposit your funds, and start trading anonymously. Keep in mind that while Anonymous Trading provides privacy, it's important to understand the risks involved and ensure you comply with your local regulations.