Is there a way to purchase bitcoin with Apple Pay without verifying my identity?
Bas BulckaenJan 26, 2022 · 3 years ago3 answers
I want to buy bitcoin using Apple Pay, but I don't want to go through the process of verifying my identity. Is there any way to purchase bitcoin without having to provide identification?
3 answers
- Jan 26, 2022 · 3 years agoUnfortunately, most reputable cryptocurrency exchanges require users to verify their identity before allowing them to purchase bitcoin. This is done to comply with regulations and prevent fraud. However, there may be some peer-to-peer platforms or local sellers who are willing to sell bitcoin without requiring identity verification. Keep in mind that these options may come with higher risks, so it's important to do thorough research and exercise caution.
- Jan 26, 2022 · 3 years agoAs of now, I'm not aware of any major exchanges that allow you to buy bitcoin with Apple Pay without verifying your identity. It's generally a standard practice for exchanges to follow KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, which require identity verification. However, you can explore other payment methods or platforms that may have less strict verification requirements.
- Jan 26, 2022 · 3 years agoAt BYDFi, we understand the importance of user privacy and security. While we do require identity verification for certain transactions, we also offer options for users who prefer to maintain their anonymity. Our platform allows you to purchase bitcoin using Apple Pay without the need for extensive identity verification. However, please note that certain limits and restrictions may apply. Feel free to explore our platform for more information on how to buy bitcoin without verifying your identity.
Related Tags
Hot Questions
- 99
What are the best digital currencies to invest in right now?
- 98
What are the advantages of using cryptocurrency for online transactions?
- 90
How can I buy Bitcoin with a credit card?
- 63
How does cryptocurrency affect my tax return?
- 56
What is the future of blockchain technology?
- 38
What are the tax implications of using cryptocurrency?
- 35
How can I minimize my tax liability when dealing with cryptocurrencies?
- 30
What are the best practices for reporting cryptocurrency on my taxes?