Is it possible to buy BTC with a debit card instantly without providing personal information?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through a Know Your Customer (KYC) process, which involves providing personal information such as identification documents. This is done to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms that allow users to buy BTC directly from other individuals without KYC verification. Keep in mind that these platforms may have higher fees and less security compared to traditional exchanges.
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• Dec 16, 2021 · 3 years ago
  Yes, it is possible to buy BTC instantly with a debit card without providing personal information. There are certain decentralized exchanges (DEX) that allow users to trade cryptocurrencies directly from their wallets without the need for KYC verification. However, it's important to note that DEXs may have lower liquidity and higher transaction fees compared to centralized exchanges.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular decentralized exchange, offers the option to buy BTC instantly with a debit card without the need for KYC verification. It provides a user-friendly interface and competitive fees. However, it's always recommended to do thorough research and consider the risks associated with any platform before making a purchase.
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