common-close-0
BYDFi
Trade wherever you are!

How can I buy cryptocurrencies with a card without KYC?

avatarlingrdDec 16, 2021 · 3 years ago3 answers

I'm interested in purchasing cryptocurrencies using a card, but I don't want to go through the KYC (Know Your Customer) process. Is there a way to buy cryptocurrencies without providing personal information?

How can I buy cryptocurrencies with a card without KYC?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require KYC verification for card purchases. This is to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy cryptocurrencies without KYC, but be cautious and do thorough research before using them. Keep in mind that using such platforms may come with higher risks and limited liquidity.
  • avatarDec 16, 2021 · 3 years ago
    Buying cryptocurrencies without KYC can be challenging. While some platforms claim to offer this option, they may have restrictions or hidden fees. It's important to carefully read the terms and conditions before making any transactions. Additionally, consider using privacy-focused cryptocurrencies like Monero, which offer enhanced anonymity features.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy and security. While we do require KYC verification for card purchases, we prioritize the protection of our users' personal information. Our platform offers a seamless and secure way to buy cryptocurrencies with a card, ensuring compliance with regulations and providing a user-friendly experience. Join BYDFi today and enjoy the benefits of a trusted and reliable cryptocurrency exchange.