How can I buy Bitcoin without using a phone number?
Skaarup PatrickDec 17, 2021 · 3 years ago3 answers
I want to buy Bitcoin but I don't want to provide my phone number. Is there a way to purchase Bitcoin without using a phone number? I'm concerned about privacy and security.
3 answers
- Dec 17, 2021 · 3 years agoYes, it is possible to buy Bitcoin without using a phone number. One option is to use a peer-to-peer exchange platform like LocalBitcoins. These platforms allow you to connect with sellers directly and negotiate the terms of the transaction. Another option is to use a Bitcoin ATM, where you can buy Bitcoin with cash without the need for a phone number. However, keep in mind that some platforms may require additional verification steps to ensure security and prevent fraud.
- Dec 17, 2021 · 3 years agoAbsolutely! If you're concerned about privacy, you can use a decentralized exchange like Bisq. These exchanges don't require you to provide personal information, including your phone number. You can trade Bitcoin directly with other individuals on the platform. Just make sure to do your due diligence and verify the reputation of the seller before making a transaction.
- Dec 17, 2021 · 3 years agoBYDFi, a popular digital currency exchange, offers a solution for buying Bitcoin without using a phone number. With BYDFi, you can create an account using your email address and complete the verification process without providing a phone number. This allows you to maintain your privacy while still enjoying the benefits of trading Bitcoin. Keep in mind that BYDFi may have certain restrictions or requirements for account verification, so make sure to check their website for more information.
Related Tags
Hot Questions
- 99
Are there any special tax rules for crypto investors?
- 94
What are the best digital currencies to invest in right now?
- 90
How can I minimize my tax liability when dealing with cryptocurrencies?
- 88
What are the best practices for reporting cryptocurrency on my taxes?
- 86
What are the advantages of using cryptocurrency for online transactions?
- 60
How does cryptocurrency affect my tax return?
- 49
How can I buy Bitcoin with a credit card?
- 8
What are the tax implications of using cryptocurrency?