What are the steps to buy bitcoin with a bank account and routing number without undergoing the verification process?

3 answers

• Feb 19, 2022 · 3 years ago
  To buy bitcoin with a bank account and routing number without undergoing verification, you can use a peer-to-peer trading platform that allows users to trade directly with each other. These platforms often have options for buying bitcoin with bank transfers, and some may not require extensive verification. However, it's important to exercise caution and only trade with reputable users to avoid scams or fraudulent transactions. Make sure to research and choose a reliable platform before proceeding with the transaction.
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• Feb 19, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require some form of verification before allowing users to buy bitcoin with a bank account and routing number. This verification process is in place to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer trading platforms that may allow you to buy bitcoin without undergoing extensive verification. Keep in mind that using these platforms may come with higher risks, so it's important to do thorough research and exercise caution when trading on such platforms.
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• Feb 19, 2022 · 3 years ago
  At BYDFi, we understand the need for privacy and convenience when buying bitcoin. While we cannot endorse or recommend specific platforms, there are peer-to-peer trading platforms available that may allow you to buy bitcoin with a bank account and routing number without undergoing extensive verification. These platforms operate on a decentralized model, allowing users to trade directly with each other. However, it's important to note that using these platforms may come with higher risks, so it's crucial to exercise caution and conduct thorough research before engaging in any transactions.
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