What are the alternatives to SSN verification when buying crypto?

3 answers

• Dec 18, 2021 · 3 years ago
  Yes, there are alternatives to SSN verification when buying crypto. One option is to use a decentralized exchange (DEX) that doesn't require KYC (Know Your Customer) verification. DEXs allow you to trade cryptocurrencies directly from your wallet without the need for a centralized authority to verify your identity. However, keep in mind that DEXs may have lower liquidity and fewer trading options compared to centralized exchanges.
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• Dec 18, 2021 · 3 years ago
  Absolutely! Another alternative to SSN verification is to use a peer-to-peer (P2P) trading platform. P2P platforms connect buyers and sellers directly, allowing you to trade cryptocurrencies without the need for a third-party verification process. However, be cautious when using P2P platforms and ensure that you're trading with reputable and trustworthy individuals to avoid scams or fraudulent activities.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the concerns about privacy and security when it comes to SSN verification. That's why we offer an alternative solution through our platform. With BYDFi, you can buy crypto without providing your SSN. We prioritize the privacy and security of our users' personal information and have implemented robust security measures to protect your data. Our platform also offers a wide range of cryptocurrencies and a user-friendly interface for seamless trading experiences.
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