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What are the steps to buy crypto without ID verification in the UK?

avatarMUSLIMDec 15, 2021 · 3 years ago7 answers

I want to buy cryptocurrency in the UK without going through the process of ID verification. What are the steps I can take to achieve this?

What are the steps to buy crypto without ID verification in the UK?

7 answers

  • avatarDec 15, 2021 · 3 years ago
    To buy cryptocurrency without ID verification in the UK, you can consider using peer-to-peer exchanges that allow users to trade directly with each other. These platforms often offer options for cash payments or alternative verification methods. However, be cautious when using these platforms as they may carry higher risks compared to traditional exchanges.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking to buy crypto without ID verification in the UK, another option is to use a Bitcoin ATM. These machines allow you to purchase cryptocurrencies with cash without the need for ID verification. However, keep in mind that Bitcoin ATMs may have higher fees compared to other methods.
  • avatarDec 15, 2021 · 3 years ago
    At BYDFi, we understand the need for privacy and offer a solution for buying crypto without ID verification. Our platform allows users to trade cryptocurrencies without the need for extensive verification processes. Simply sign up, deposit funds, and start trading. Enjoy the freedom of buying crypto without the hassle of ID verification.
  • avatarDec 15, 2021 · 3 years ago
    One way to buy crypto without ID verification in the UK is to find individuals or groups who are willing to sell cryptocurrencies in person. This method often involves meeting up with the seller and conducting the transaction face-to-face. However, be cautious and ensure the legitimacy of the seller before proceeding.
  • avatarDec 15, 2021 · 3 years ago
    If you're looking to buy crypto without ID verification in the UK, you can also explore decentralized exchanges (DEX). These platforms allow users to trade cryptocurrencies directly from their wallets without the need for ID verification. However, keep in mind that DEXs may have lower liquidity compared to centralized exchanges.
  • avatarDec 15, 2021 · 3 years ago
    Another option to buy crypto without ID verification in the UK is to use prepaid cards or gift cards. Some platforms accept these payment methods, allowing you to purchase cryptocurrencies without the need for ID verification. However, availability may vary, so make sure to check which platforms accept these payment options.
  • avatarDec 15, 2021 · 3 years ago
    If you're concerned about privacy and want to buy crypto without ID verification in the UK, consider using a privacy-focused cryptocurrency such as Monero. Monero offers enhanced privacy features that make it difficult to trace transactions back to individuals. However, keep in mind that not all exchanges support Monero, so make sure to check before proceeding.