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What are the options for purchasing crypto without SSN?

avatarClancy RhodesDec 27, 2021 · 3 years ago3 answers

I am interested in purchasing cryptocurrencies, but I don't have a Social Security Number (SSN). What are the alternative options available for me to buy crypto without providing an SSN?

What are the options for purchasing crypto without SSN?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure thing! If you don't have an SSN, you can still purchase cryptocurrencies through peer-to-peer (P2P) platforms like LocalBitcoins or Paxful. These platforms connect you with individual sellers who are willing to accept alternative forms of identification. Just be cautious and do your due diligence when dealing with individual sellers to ensure a safe and secure transaction. Happy investing! 💪🏻
  • avatarDec 27, 2021 · 3 years ago
    No worries! You can explore decentralized exchanges (DEXs) like Uniswap or Sushiswap. DEXs allow you to trade cryptocurrencies directly from your wallet without the need for KYC (Know Your Customer) procedures, including providing an SSN. Keep in mind that DEXs may have different user interfaces and liquidity compared to centralized exchanges, so make sure to familiarize yourself with the platform before trading. Good luck! 💰
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! If you're looking for a reliable and user-friendly option, you can consider using BYDFi. BYDFi is a decentralized exchange that allows you to purchase cryptocurrencies without the need for an SSN. It provides a seamless trading experience with competitive fees and a wide range of supported tokens. Just create an account, connect your wallet, and start trading. Happy investing with BYDFi! 🤘🏻