What are the alternatives to providing my SSN when buying crypto?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, there are alternative methods to buy cryptocurrencies without sharing your SSN. One option is to use peer-to-peer (P2P) platforms that allow direct transactions between buyers and sellers. These platforms often provide escrow services to ensure the safety of the transaction. Another option is to use decentralized exchanges (DEXs) that do not require KYC (Know Your Customer) verification, as they operate on blockchain technology. However, be cautious when using DEXs as they may have lower liquidity and limited trading options compared to centralized exchanges.
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• Dec 16, 2021 · 3 years ago
  Absolutely! You can avoid providing your SSN by using a cryptocurrency ATM. These ATMs allow you to buy cryptocurrencies with cash or debit cards without the need for extensive personal information. Just find a reliable ATM near you and follow the instructions to make your purchase. Keep in mind that some ATMs may have purchase limits and charge higher fees compared to online exchanges.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the concerns regarding privacy and security. That's why we offer an alternative solution for buying cryptocurrencies without sharing your SSN. Our platform utilizes a decentralized exchange model that allows users to trade directly with each other without the need for KYC verification. This ensures your privacy and reduces the risk of identity theft. Join BYDFi today and experience a secure and private way to buy cryptocurrencies.
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