How can I purchase cryptocurrency without providing identification?

4 answers

• Dec 17, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require some form of identification to comply with anti-money laundering (AML) and know your customer (KYC) regulations. This is to ensure the security and legality of transactions. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy cryptocurrency without identification. Keep in mind that using such platforms may involve higher risks and lower security measures.
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• Dec 17, 2021 · 3 years ago
  Hey there! If you're looking to buy cryptocurrency without providing identification, you might want to consider using a Bitcoin ATM. These ATMs allow you to purchase cryptocurrencies like Bitcoin using cash, and in some cases, they don't require identification. Just find a Bitcoin ATM near you, insert your cash, and follow the instructions on the screen. Keep in mind that Bitcoin ATMs may charge higher fees compared to traditional exchanges.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we understand that some users prefer to maintain their privacy when purchasing cryptocurrency. That's why we offer a non-custodial decentralized exchange that allows you to trade cryptocurrencies without providing identification. With BYDFi, you can enjoy the benefits of decentralized finance (DeFi) while maintaining your privacy. Just connect your wallet and start trading securely and anonymously.
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• Dec 17, 2021 · 3 years ago
  If you're concerned about providing identification, you can explore the option of using peer-to-peer trading platforms. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade without the need for identification. However, be cautious when using peer-to-peer platforms, as they may lack the same level of security and protection as established exchanges. Make sure to do your due diligence and research the reputation of the platform and the counterparty before making any transactions.
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