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Is it possible to buy cryptocurrencies without linking my bank account?

avatarEtty DashaDec 17, 2021 · 3 years ago4 answers

I want to buy cryptocurrencies, but I don't want to link my bank account to a cryptocurrency exchange. Is it possible to buy cryptocurrencies without linking my bank account? Are there any alternative methods?

Is it possible to buy cryptocurrencies without linking my bank account?

4 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible to buy cryptocurrencies without linking your bank account. One alternative method is to use a peer-to-peer (P2P) trading platform. These platforms connect buyers and sellers directly, allowing you to buy cryptocurrencies using various payment methods, such as cash, PayPal, or gift cards. However, it's important to be cautious when using P2P platforms and only trade with reputable sellers to avoid scams.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! If you don't want to link your bank account, you can consider using a cryptocurrency ATM. These ATMs allow you to buy cryptocurrencies using cash or a debit card. Simply find a nearby cryptocurrency ATM, follow the instructions on the screen, and you'll be able to purchase cryptocurrencies without the need for a bank account.
  • avatarDec 17, 2021 · 3 years ago
    Yes, you can buy cryptocurrencies without linking your bank account. At BYDFi, we offer an option to buy cryptocurrencies using credit or debit cards. This allows you to make a purchase directly without the need to link your bank account. Simply choose the credit/debit card option during the checkout process and follow the instructions to complete your purchase.
  • avatarDec 17, 2021 · 3 years ago
    Definitely! Another option to buy cryptocurrencies without linking your bank account is to use a prepaid card. You can purchase a prepaid card with cash and then use it to buy cryptocurrencies on various exchanges. Just make sure to check if the exchange accepts prepaid cards as a payment method before proceeding.