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How can I purchase bitcoins without providing my ID?

avatarRitter SykesJan 27, 2022 · 3 years ago3 answers

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

How can I purchase bitcoins without providing my ID?

3 answers

  • avatarJan 27, 2022 · 3 years ago
    Sure, there are a few ways you can buy bitcoins without providing your ID. One option is to use a peer-to-peer marketplace like LocalBitcoins or Paxful, where you can find sellers who are willing to accept cash or other payment methods without requiring ID verification. Another option is to use a Bitcoin ATM, where you can deposit cash and receive bitcoins in return. However, keep in mind that Bitcoin ATMs may have higher fees compared to other methods. Lastly, you can also try using a decentralized exchange like Bisq, which allows you to trade bitcoins without the need for ID verification. Just remember to do your due diligence and research the reputation and security of the platform before making any transactions.
  • avatarJan 27, 2022 · 3 years ago
    Buying bitcoins without providing your ID can be a bit tricky, but it's not impossible. One way to do it is by using a prepaid debit card. You can purchase a prepaid debit card with cash and then use it to buy bitcoins on a platform that accepts prepaid cards. Another option is to find someone who is willing to sell bitcoins to you in person, without requiring ID verification. You can try reaching out to local Bitcoin meetups or forums to find potential sellers. However, be cautious and make sure to meet in a public place and take necessary precautions to ensure your safety.
  • avatarJan 27, 2022 · 3 years ago
    At BYDFi, we understand the importance of privacy and security when it comes to purchasing bitcoins. While we do require ID verification for certain transactions, we also offer options for users who prefer to buy bitcoins without providing their ID. Our peer-to-peer trading feature allows you to connect with other users who are willing to sell bitcoins without requiring ID verification. Additionally, we also support Bitcoin ATMs and prepaid debit cards as alternative methods for purchasing bitcoins anonymously. We strive to provide a safe and convenient platform for all users, regardless of their preference for ID verification.