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What are the best ways to buy bitcoin without KYC?

avatarForsyth MckeeDec 17, 2021 · 3 years ago3 answers

Can you suggest some reliable methods to purchase bitcoin without going through the KYC (Know Your Customer) process? I'm looking for options that prioritize privacy and don't require sharing personal information.

What are the best ways to buy bitcoin without KYC?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! One of the best ways to buy bitcoin without KYC is through peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing you to purchase bitcoin without the need for KYC verification. Some popular P2P platforms include LocalBitcoins and Paxful. Just make sure to choose reputable sellers with good feedback to ensure a safe transaction.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Another option is to use a Bitcoin ATM. These machines allow you to buy bitcoin with cash without the need for KYC verification. Simply find a Bitcoin ATM near you, insert cash, and receive bitcoin directly to your wallet. Keep in mind that Bitcoin ATMs may charge higher fees compared to other methods, so it's important to consider the cost before making a purchase.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a popular cryptocurrency exchange, offers a unique solution for buying bitcoin without KYC. They provide a decentralized platform that allows users to trade directly from their wallets, eliminating the need for KYC verification. With BYDFi, you can maintain your privacy while enjoying the convenience of trading cryptocurrencies. It's a great option for those who value anonymity and want to avoid sharing personal information.