What alternative payment methods can I use to buy cryptocurrencies if PayPal is asking for my SSN as a buyer?

3 answers

• Nov 26, 2021 · 3 years ago
  Certainly! If you don't want to provide your SSN to PayPal, there are several alternative payment methods you can consider. One option is to use a peer-to-peer cryptocurrency exchange platform, such as LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies using various payment methods, such as bank transfers, cash deposits, or even gift cards. Another option is to use a credit card or debit card to buy cryptocurrencies directly from a cryptocurrency exchange that doesn't require SSN verification. Some popular exchanges that offer this option include Coinbase and Binance. Just keep in mind that using a credit card may incur higher fees compared to other payment methods.
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• Nov 26, 2021 · 3 years ago
  No worries! If PayPal is asking for your SSN and you're not comfortable providing it, there are alternative payment methods available for buying cryptocurrencies. One option is to use a prepaid debit card, which can be purchased with cash and used to make online purchases without revealing personal information. Another option is to use a cryptocurrency ATM, where you can deposit cash and receive cryptocurrencies directly to your digital wallet. Additionally, you can explore decentralized exchanges (DEXs) like Uniswap or SushiSwap, which allow you to trade cryptocurrencies without the need for a centralized platform or KYC verification.
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• Nov 26, 2021 · 3 years ago
  Absolutely! If you're concerned about providing your SSN to PayPal, there are alternative payment methods you can use to buy cryptocurrencies. One option is to use a platform like BYDFi, which offers a wide range of payment methods, including bank transfers, credit cards, and even popular digital wallets like PayPal. BYDFi ensures a secure and hassle-free experience, allowing you to buy cryptocurrencies without the need for SSN verification. Simply sign up, choose your preferred payment method, and start investing in cryptocurrencies today!
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