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What are the steps to buy cryptocurrency with a debit card without KYC?

avatararda aydarDec 17, 2021 · 3 years ago1 answers

Can you guide me through the process of purchasing cryptocurrency using a debit card without going through the Know Your Customer (KYC) process? I would like to maintain my privacy while buying digital assets.

What are the steps to buy cryptocurrency with a debit card without KYC?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy when it comes to buying cryptocurrency. While we don't offer direct debit card purchases without KYC, there are alternative methods you can consider. One option is to use a peer-to-peer (P2P) trading platform like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to find someone who accepts debit card payments without KYC verification. Another option is to use a decentralized exchange (DEX) like Uniswap or SushiSwap, which operate on the Ethereum blockchain and don't require KYC. Keep in mind that using P2P platforms or DEXs may involve higher fees and additional risks, so it's important to do your due diligence and choose a reputable platform. Disclaimer: This answer is provided for informational purposes only and should not be considered as financial or investment advice. It is always recommended to do thorough research and consult with a professional before making any investment decisions.