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How can I purchase cryptocurrency without the need for SSN?

avatarSaikiran MuralaDec 25, 2021 · 3 years ago3 answers

I want to buy cryptocurrency but I don't want to provide my Social Security Number (SSN). Is there any way to purchase cryptocurrency without the need for SSN?

How can I purchase cryptocurrency without the need for SSN?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure, there are several ways to purchase cryptocurrency without providing your SSN. One option is to use a peer-to-peer exchange platform like LocalBitcoins or Paxful, where you can find sellers who accept alternative forms of identification. Another option is to use a decentralized exchange (DEX) like Uniswap or SushiSwap, which don't require KYC (Know Your Customer) verification. Additionally, some cryptocurrency ATMs allow you to buy cryptocurrency with cash without the need for SSN. Just make sure to do your research and choose a reputable platform.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you're concerned about privacy and don't want to disclose your SSN, you can consider using privacy-focused cryptocurrencies like Monero or Zcash. These cryptocurrencies offer enhanced privacy features that make it difficult to trace transactions back to individuals. Just keep in mind that not all exchanges support these privacy coins, so you'll need to find a platform that does.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy and offer a solution for purchasing cryptocurrency without the need for SSN. Our platform allows users to buy and sell cryptocurrencies using decentralized finance (DeFi) protocols, which don't require KYC verification. With BYDFi, you can enjoy the benefits of cryptocurrency without compromising your privacy. Sign up today and start trading!