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How can I buy digital currency with a card without having to verify my identity?

avatarLevi EichelbergNov 29, 2021 · 3 years ago3 answers

I want to purchase digital currency using a card, but I don't want to go through the hassle of verifying my identity. Is there a way to buy digital currency without having to provide personal information?

How can I buy digital currency with a card without having to verify my identity?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require users to verify their identity before allowing them to purchase digital currency with a card. This is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy digital currency without identity verification. Keep in mind that these platforms may have lower liquidity and higher risks compared to established exchanges.
  • avatarNov 29, 2021 · 3 years ago
    Hey there! If you're looking to buy digital currency without verifying your identity, you might want to explore options like localbitcoins.com or Paxful. These platforms connect buyers and sellers directly, allowing you to purchase digital currency without going through a centralized exchange. Just be cautious and do your due diligence to ensure you're dealing with reputable sellers.
  • avatarNov 29, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy and security. While we prioritize the safety of our users and comply with regulatory requirements, we also offer an option for users to buy digital currency without identity verification. Our platform utilizes advanced encryption and security measures to protect your personal information. Feel free to check out our website for more information on how you can buy digital currency without verifying your identity.