How can I purchase bitcoin in the USA without having a social security number?
mindtJan 07, 2022 · 3 years ago3 answers
I want to buy bitcoin in the USA, but I don't have a social security number. How can I go about purchasing bitcoin without it?
3 answers
- Jan 07, 2022 · 3 years agoUnfortunately, most cryptocurrency exchanges in the USA require users to provide a social security number for identity verification. However, there are a few alternatives you can consider. One option is to use a peer-to-peer trading platform like LocalBitcoins, where you can find individuals willing to sell bitcoin without requiring a social security number. Another option is to use a Bitcoin ATM, which allows you to purchase bitcoin with cash without the need for identity verification. Keep in mind that these methods may have higher fees or lower liquidity compared to traditional exchanges.
- Jan 07, 2022 · 3 years agoBuying bitcoin without a social security number can be challenging in the USA. Most exchanges have strict KYC (Know Your Customer) policies to comply with regulations. However, you can explore decentralized exchanges (DEX) like Uniswap or SushiSwap, where you can trade cryptocurrencies directly from your wallet without the need for identity verification. Additionally, you can consider using a peer-to-peer marketplace like Paxful, which offers various payment methods and may not require a social security number for smaller transactions.
- Jan 07, 2022 · 3 years agoAt BYDFi, we understand that not everyone has a social security number and we strive to provide inclusive services. While we do require identity verification for certain features, such as fiat deposits and withdrawals, we also offer decentralized trading options on our platform. You can trade bitcoin and other cryptocurrencies directly from your wallet without the need for a social security number. Our goal is to make cryptocurrency accessible to everyone, regardless of their identification status.
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