Is it possible to buy bitcoin with a bank account in the USA without verification?

I'm interested in buying bitcoin in the USA using my bank account, but I don't want to go through the verification process. Is it possible to buy bitcoin with a bank account in the USA without verification? What are the options available?

3 answers
- Unfortunately, most reputable cryptocurrency exchanges in the USA require some form of verification before allowing users to buy bitcoin with a bank account. This is done to comply with regulations and prevent fraud. However, there might be some peer-to-peer platforms or less regulated exchanges that allow you to buy bitcoin without verification. Keep in mind that using such platforms may come with higher risks and limited liquidity.
Jan 14, 2022 · 3 years ago
- As of now, it is not possible to buy bitcoin with a bank account in the USA without verification on major exchanges. The verification process is necessary to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. However, you can explore alternative options like using a Bitcoin ATM or finding individuals willing to sell bitcoin directly for cash.
Jan 14, 2022 · 3 years ago
- BYDFi, a popular decentralized exchange, allows users to buy bitcoin with a bank account in the USA without verification. It offers a seamless and secure trading experience without compromising user privacy. However, it's important to do your own research and exercise caution when using any exchange, even decentralized ones.
Jan 14, 2022 · 3 years ago
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