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Are there any exchanges or platforms that allow buying crypto without requiring ID verification?

avatarMaksim ErmakovDec 17, 2021 · 3 years ago3 answers

Can you recommend any exchanges or platforms where I can buy cryptocurrencies without having to go through the process of ID verification?

Are there any exchanges or platforms that allow buying crypto without requiring ID verification?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, there are several exchanges and platforms that allow you to buy cryptocurrencies without requiring ID verification. One popular option is LocalBitcoins, where you can find sellers who are willing to trade with you in person or online without the need for ID verification. Another option is Bisq, a decentralized exchange that allows for peer-to-peer trading without the need for KYC procedures. However, it's important to note that these platforms may have certain limitations and risks, so it's always recommended to do thorough research and exercise caution when using them.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! If you're looking for a more anonymous way to buy cryptocurrencies, you can try using a Bitcoin ATM. These machines allow you to purchase cryptocurrencies using cash without the need for ID verification. Just find a Bitcoin ATM near you, insert your cash, and receive your crypto directly to your wallet. Keep in mind that Bitcoin ATMs may have higher fees compared to other methods, so it's important to consider the costs before making a purchase.
  • avatarDec 17, 2021 · 3 years ago
    Yes, there is a platform called BYDFi that allows you to buy cryptocurrencies without requiring ID verification. BYDFi is a decentralized exchange that prioritizes user privacy and security. With BYDFi, you can trade cryptocurrencies directly from your wallet without the need for KYC procedures. However, it's important to note that BYDFi is still a relatively new platform, so it's always recommended to do your own research and exercise caution when using any exchange or platform.