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Is it possible to buy bitcoin with a debit card without OTP?

avatarSweety LakshmiDec 15, 2021 · 3 years ago3 answers

I want to buy bitcoin using my debit card, but I don't want to go through the hassle of entering an OTP (One-Time Password). Is it possible to buy bitcoin with a debit card without OTP?

Is it possible to buy bitcoin with a debit card without OTP?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to buy bitcoin with a debit card without OTP. Some cryptocurrency exchanges allow you to make purchases without the need for OTP verification. However, it's important to note that not all exchanges offer this option. You may need to do some research to find an exchange that supports debit card purchases without OTP.
  • avatarDec 15, 2021 · 3 years ago
    Unfortunately, most cryptocurrency exchanges require OTP verification when buying bitcoin with a debit card. This is done for security reasons to ensure that only the cardholder can make the purchase. However, there may be some exchanges that offer alternative methods of verification or have different security measures in place. It's best to check with individual exchanges to see if they offer any options for buying bitcoin without OTP.
  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we understand the importance of convenience and security when it comes to buying bitcoin. While we do require OTP verification for debit card purchases, we have implemented measures to streamline the process and ensure a smooth user experience. Our goal is to provide a secure platform for buying and selling bitcoin while maintaining the highest standards of security.