Are there any exchanges that allow buying crypto with a credit card without KYC verification?

I'm looking for exchanges where I can buy cryptocurrencies using a credit card without going through the KYC verification process. Are there any exchanges that offer this option?

3 answers
- Unfortunately, most reputable exchanges require KYC verification when buying cryptocurrencies with a credit card. This is to comply with regulations and prevent fraud. However, there might be some smaller, less-known exchanges that allow credit card purchases without KYC verification. Keep in mind that using such exchanges may carry higher risks, so do thorough research and exercise caution.
Mar 19, 2022 · 3 years ago
- As of now, I haven't come across any major exchanges that allow buying crypto with a credit card without KYC verification. It's important to note that KYC verification is a standard practice in the cryptocurrency industry to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. This helps maintain the integrity of the market and protect users from potential scams or illegal activities.
Mar 19, 2022 · 3 years ago
- BYDFi, a popular cryptocurrency exchange, offers the option to buy crypto with a credit card without KYC verification. They prioritize user privacy and aim to provide a seamless experience for users who prefer not to go through the KYC process. However, it's important to note that using an exchange without KYC verification may have its own risks, so make sure to do your due diligence and understand the potential implications before proceeding.
Mar 19, 2022 · 3 years ago
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