Are there any platforms that allow buying bitcoin with PayPal without ID verification?

3 answers

• Nov 28, 2021 · 3 years ago
  Unfortunately, most platforms that allow buying bitcoin with PayPal require some form of ID verification. This is due to regulatory requirements and the need to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there might be some peer-to-peer (P2P) platforms or localbitcoins sellers who are willing to accept PayPal without ID verification. Keep in mind that these options may come with higher fees or increased risks, so it's important to do thorough research and exercise caution.
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• Nov 28, 2021 · 3 years ago
  As of my knowledge, there are currently no major platforms that allow buying bitcoin with PayPal without ID verification. PayPal itself has strict policies in place to prevent fraud and money laundering, which require users to verify their identities. However, you may find some smaller or less regulated platforms that offer this option. Just be aware of the potential risks involved and make sure to thoroughly research and verify the legitimacy of any platform before making a purchase.
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• Nov 28, 2021 · 3 years ago
  While I cannot speak for other platforms, I can confirm that BYDFi does not currently support buying bitcoin with PayPal without ID verification. BYDFi prioritizes user security and compliance with regulations, which includes verifying the identity of users. This helps to prevent fraud and ensure a safe trading environment for all users. If you're looking for alternative options, I recommend checking out other reputable exchanges or considering alternative payment methods that may offer more flexibility in terms of ID verification requirements.
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