Is it possible to buy bitcoin instantly with ACH and without going through the verification process?
Caue Bertelli CavallaroJan 14, 2022 · 3 years ago3 answers
I want to buy bitcoin quickly and without having to go through the verification process. Can I use ACH to buy bitcoin instantly without any verification?
3 answers
- Jan 14, 2022 · 3 years agoUnfortunately, buying bitcoin instantly without going through the verification process is not possible. Most reputable exchanges require users to complete a verification process to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms or individuals who may be willing to sell bitcoin without verification, but caution is advised as these transactions can be risky and may not offer the same level of security as established exchanges.
- Jan 14, 2022 · 3 years agoNope, sorry! Buying bitcoin instantly without verification is like trying to find a unicorn. It's just not gonna happen. Most exchanges have strict KYC (Know Your Customer) policies in place to prevent money laundering and other illegal activities. So, if you want to buy bitcoin, be prepared to go through the verification process. It's for your own safety and the safety of the entire crypto ecosystem.
- Jan 14, 2022 · 3 years agoWhile it's not possible to buy bitcoin instantly without verification on most exchanges, there are some platforms that offer faster verification processes. One such platform is BYDFi, which allows users to buy bitcoin using ACH and complete the verification process within minutes. However, it's important to note that BYDFi is a third-party platform and users should conduct their own research and due diligence before using it.
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