common-close-0
BYDFi
Trade wherever you are!

What are the ways to purchase cryptocurrency without providing a social security number (SSN)?

avatarHartley HennebergDec 17, 2021 · 3 years ago3 answers

I am interested in purchasing cryptocurrency, but I don't want to provide my social security number (SSN). Are there any ways to buy cryptocurrency without having to provide my SSN?

What are the ways to purchase cryptocurrency without providing a social security number (SSN)?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, there are several ways to purchase cryptocurrency without providing your SSN. One option is to use a peer-to-peer exchange where you can buy directly from other individuals without the need for a centralized exchange. Another option is to use a decentralized exchange (DEX) that doesn't require KYC (Know Your Customer) verification. Additionally, some cryptocurrency ATMs allow you to buy cryptocurrency with cash without the need for SSN verification. However, it's important to note that these methods may have limitations in terms of available cryptocurrencies and liquidity.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you value your privacy and don't want to disclose your SSN, you can consider using a privacy-focused cryptocurrency like Monero. Monero offers enhanced privacy features that make it difficult to trace transactions back to individuals. By using Monero, you can purchase cryptocurrency without the need for SSN verification on certain exchanges that support this privacy coin.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy and offer a solution for purchasing cryptocurrency without providing your SSN. Our platform allows users to buy and sell cryptocurrencies without the need for SSN verification. With BYDFi, you can enjoy the benefits of cryptocurrency while maintaining your privacy. Join us today and start trading without the hassle of providing your SSN.