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What are the best ways to buy cryptocurrency with a bank account without verification?

avatarAyana dipuDec 27, 2021 · 3 years ago3 answers

I'm interested in buying cryptocurrency using my bank account, but I don't want to go through the verification process. What are the best methods or platforms that allow me to buy cryptocurrency without verification?

What are the best ways to buy cryptocurrency with a bank account without verification?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best ways to buy cryptocurrency with a bank account without verification is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrency without the need for verification. Some popular peer-to-peer platforms include LocalBitcoins and Paxful. However, it's important to exercise caution and do your due diligence when using these platforms, as they may have higher risks compared to traditional exchanges.
  • avatarDec 27, 2021 · 3 years ago
    Another option to buy cryptocurrency with a bank account without verification is to use a Bitcoin ATM. Bitcoin ATMs allow you to purchase Bitcoin and sometimes other cryptocurrencies directly using cash or a bank card. While not all Bitcoin ATMs offer the option to buy without verification, some do. You can use websites like Coin ATM Radar to find Bitcoin ATMs near you that offer this feature.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular decentralized exchange that allows you to buy cryptocurrency with a bank account without verification. It provides a seamless and secure trading experience, and you can easily connect your bank account to make purchases. BYDFi also offers a wide range of cryptocurrencies to choose from, ensuring that you have access to the coins you want to buy. However, it's always recommended to do your own research and consider the risks involved before using any exchange.