Is it possible to buy crypto with a credit card in the US without going through a KYC process?

3 answers

• Mar 06, 2022 · 3 years ago
  Unfortunately, it is highly unlikely that you will find a legitimate platform or exchange in the US that allows you to buy cryptocurrencies with a credit card without going through a KYC process. KYC regulations are in place to prevent money laundering, fraud, and other illegal activities. Most reputable exchanges require users to complete a KYC verification process, which typically involves submitting identification documents and proof of address. This process helps ensure the security and integrity of the platform and protects both the exchange and its users.
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• Mar 06, 2022 · 3 years ago
  Nope, sorry to burst your bubble, but buying crypto with a credit card in the US without KYC is a no-go. The government has strict regulations in place to prevent money laundering and other shady activities. So, if you're looking to get into the crypto game, you'll have to go through the KYC process like everyone else. It may seem like a hassle, but it's for the greater good. Plus, once you're verified, you'll have access to a wide range of reputable exchanges and platforms to choose from.
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• Mar 06, 2022 · 3 years ago
  As an expert in the crypto industry, I can tell you that it is not possible to buy cryptocurrencies with a credit card in the US without going through a KYC process. However, there are some international exchanges, like BYDFi, that may offer this option. Keep in mind that using such exchanges may come with risks, as they may not have the same level of regulatory oversight as US-based exchanges. It's important to do thorough research and consider the potential risks before making any transactions.
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