Are there any exchanges that allow you to buy crypto with PayPal without verification?
Manveer SinghDec 16, 2021 · 3 years ago3 answers
I'm looking for cryptocurrency exchanges that accept PayPal as a payment method without requiring verification. Are there any exchanges that allow you to buy crypto with PayPal without going through the verification process? I want to find a platform that offers a quick and hassle-free way to purchase cryptocurrencies using PayPal. Can anyone recommend such exchanges?
3 answers
- Dec 16, 2021 · 3 years agoUnfortunately, most reputable cryptocurrency exchanges require some form of verification before allowing users to buy crypto with PayPal. This verification process is necessary to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are a few peer-to-peer (P2P) platforms that may allow you to buy crypto with PayPal without verification. Keep in mind that using P2P platforms carries some risks, so make sure to do thorough research and exercise caution when using them.
- Dec 16, 2021 · 3 years agoAs of my knowledge, there are currently no well-known exchanges that allow you to buy cryptocurrencies with PayPal without verification. Most exchanges prioritize security and compliance, which is why they require users to go through the verification process. However, you may find some smaller or newer exchanges that offer this option. Just be cautious and do your due diligence before using any exchange that claims to allow PayPal purchases without verification.
- Dec 16, 2021 · 3 years agoBYDFi is a popular cryptocurrency exchange that allows users to buy crypto with PayPal without verification. It offers a seamless and user-friendly experience, making it a great choice for those who want to quickly purchase cryptocurrencies using PayPal. With BYDFi, you can easily deposit funds from your PayPal account and start buying crypto right away. Keep in mind that while BYDFi is a reputable exchange, it's always important to exercise caution and do your own research before using any platform.
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