Questions
TagsWhat are the options to purchase cryptocurrencies with PayPal without KYC?
Hyperion LearnerDec 16, 2021 · 3 years ago3 answersI am interested in purchasing cryptocurrencies using PayPal, but I want to do it without going through the KYC (Know Your Customer) process. Are there any options available for me to buy cryptocurrencies with PayPal without KYC? I would like to maintain my privacy and avoid sharing personal information. What are the alternatives?
3 answers
- Sure thing! If you want to purchase cryptocurrencies with PayPal without going through the KYC process, you can consider using peer-to-peer (P2P) platforms. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies without the need for KYC verification. Some popular P2P platforms that support PayPal include LocalCryptos and Paxful. Just make sure to do your due diligence and choose reputable sellers with good feedback to ensure a smooth transaction.Dec 16, 2021 · 3 years ago
- Absolutely! One option to buy cryptocurrencies with PayPal without KYC is to use decentralized exchanges (DEXs). DEXs operate on a blockchain network and allow users to trade directly with each other without the need for a centralized authority. Some DEXs, such as Uniswap and SushiSwap, support PayPal as a payment method. Keep in mind that DEXs may have a steeper learning curve compared to traditional exchanges, but they offer greater privacy and control over your funds.Dec 16, 2021 · 3 years ago
- BYDFi, a popular decentralized exchange, offers the option to purchase cryptocurrencies with PayPal without KYC. It provides a user-friendly interface and a wide range of cryptocurrencies to choose from. Simply create an account, link your PayPal, and start buying cryptocurrencies hassle-free. BYDFi prioritizes user privacy and security, ensuring a seamless and anonymous trading experience. Give it a try and enjoy the benefits of buying cryptocurrencies without KYC verification!Dec 16, 2021 · 3 years ago
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