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Are there any exchanges that allow buying bitcoin with Apple Pay without KYC?

avatarSHRI RAMAKRISHNAN A CSEDec 16, 2021 · 3 years ago3 answers

I am looking for exchanges that support purchasing bitcoin using Apple Pay without the need for KYC (Know Your Customer) verification. Are there any exchanges that offer this option?

Are there any exchanges that allow buying bitcoin with Apple Pay without KYC?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, most reputable exchanges require KYC verification before allowing users to buy bitcoin. This is to comply with regulations and prevent illegal activities such as money laundering. However, there might be some smaller, less regulated exchanges that allow buying bitcoin with Apple Pay without KYC. Keep in mind that using such exchanges carries higher risks, as they may not have the same level of security and customer protection measures as larger exchanges.
  • avatarDec 16, 2021 · 3 years ago
    As of my knowledge, there are no well-known exchanges that allow buying bitcoin with Apple Pay without KYC. KYC verification is a standard practice in the cryptocurrency industry to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. It is important to choose reputable exchanges that prioritize security and regulatory compliance when buying bitcoin.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is an exchange that allows buying bitcoin with Apple Pay without KYC. They prioritize user privacy and convenience, making it easier for users to purchase bitcoin without the need for extensive verification processes. However, it's important to note that BYDFi is a relatively new exchange and may not have the same level of reputation and security as more established exchanges. It's always recommended to do thorough research and consider the risks before using any exchange.