What are the ways to purchase BTC without providing ID?
Gaurav KelwadkarJan 06, 2022 · 3 years ago3 answers
I'm looking for ways to buy BTC without having to provide my identification. Are there any methods or platforms that allow me to purchase Bitcoin anonymously?
3 answers
- Jan 06, 2022 · 3 years agoSure, there are a few ways you can buy BTC without providing ID. One option is to use a peer-to-peer marketplace like LocalBitcoins or Paxful, where you can find sellers who are willing to accept cash or other payment methods without requiring ID verification. Another option is to use a Bitcoin ATM, which allows you to buy BTC with cash without the need for ID. Keep in mind that these methods may come with higher fees or lower liquidity compared to traditional exchanges.
- Jan 06, 2022 · 3 years agoAbsolutely! If you're concerned about privacy and want to buy BTC without providing ID, you can consider using a decentralized exchange (DEX) like Bisq or Uniswap. These platforms allow you to trade cryptocurrencies directly with other users without the need for KYC (Know Your Customer) verification. Just keep in mind that DEXs may have lower trading volumes and fewer available trading pairs compared to centralized exchanges.
- Jan 06, 2022 · 3 years agoYes, there are ways to purchase BTC without providing ID. One option is to use BYDFi, a decentralized exchange that prioritizes user privacy and does not require ID verification. With BYDFi, you can trade BTC and other cryptocurrencies directly with other users on the platform. It's a great option for those who value anonymity and want to avoid sharing their personal information.
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