What are some alternative methods to buy crypto with a credit card if I don't want to provide identification?

7 answers

• Dec 27, 2021 · 3 years ago
  Certainly! If you prefer not to provide identification, you can consider using peer-to-peer (P2P) platforms. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies without going through a centralized exchange. Some popular P2P platforms include LocalBitcoins and Paxful. Keep in mind that while these platforms may not require ID verification, you should still exercise caution and only transact with reputable sellers.
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• Dec 27, 2021 · 3 years ago
  No worries! Another option is to use a Bitcoin ATM. These machines allow you to buy cryptocurrencies using cash or a credit card without the need for ID verification. Simply find a Bitcoin ATM near you, follow the instructions on the machine, and you'll be able to purchase crypto in no time. Just be aware that Bitcoin ATMs may charge higher fees compared to other methods.
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• Dec 27, 2021 · 3 years ago
  If you're looking for an alternative method to buy crypto with a credit card without providing identification, you can try using the BYDFi platform. BYDFi offers a seamless and secure way to purchase cryptocurrencies using your credit card, with no ID verification required. Simply sign up, link your credit card, and you'll be able to buy crypto instantly. BYDFi also offers competitive rates and a user-friendly interface, making it a convenient option for crypto enthusiasts.
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• Dec 27, 2021 · 3 years ago
  Don't want to provide ID? No problem! You can explore decentralized exchanges (DEXs) as an alternative. DEXs operate on blockchain technology and allow you to trade cryptocurrencies directly from your wallet, without the need for ID verification. Some popular DEXs include Uniswap and SushiSwap. However, keep in mind that DEXs may have lower liquidity and a steeper learning curve compared to centralized exchanges.
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• Dec 27, 2021 · 3 years ago
  If you're concerned about providing identification, you can consider using a prepaid debit card to purchase cryptocurrencies. Prepaid cards can be purchased anonymously and can often be used to buy crypto on various exchanges. Just make sure to check if the exchange you're using accepts prepaid cards as a payment method.
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• Dec 27, 2021 · 3 years ago
  Sure thing! Another option is to find a friend or acquaintance who is willing to sell you cryptocurrency directly. By doing so, you can avoid the need for ID verification and purchase crypto in a more private manner. However, be cautious and only transact with individuals you trust.
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• Dec 27, 2021 · 3 years ago
  Worried about providing ID? No worries! You can try using a cryptocurrency gift card. These gift cards can be purchased online or in select stores and can be redeemed for various cryptocurrencies. While this method may have some limitations in terms of available cryptocurrencies and fees, it allows you to buy crypto without going through the ID verification process.
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