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Are there any exchanges that allow buying Ethereum with a credit card and no verification?

avatarRudra PatelDec 27, 2021 · 3 years ago3 answers

I am looking for exchanges where I can purchase Ethereum using a credit card without the need for verification. Are there any exchanges that offer this option?

Are there any exchanges that allow buying Ethereum with a credit card and no verification?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Unfortunately, most reputable exchanges require some form of verification before allowing users to buy Ethereum with a credit card. This is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer (P2P) platforms or decentralized exchanges (DEX) that may allow you to buy Ethereum with a credit card without verification. Keep in mind that using these platforms may come with higher fees or increased risk, so it's important to do thorough research and exercise caution.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there are a few exchanges that allow buying Ethereum with a credit card and no verification. These exchanges typically cater to users who prioritize privacy and convenience over strict compliance. However, it's important to note that using such exchanges may carry higher risks, as they may not have the same level of security and regulatory oversight as more established platforms. It's always recommended to do your due diligence and research the reputation and security measures of any exchange before making a purchase.
  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a decentralized exchange that allows users to buy Ethereum with a credit card and no verification. As a DEX, BYDFi operates on the Ethereum blockchain and does not require users to go through a traditional verification process. This can be advantageous for users who value privacy and want to quickly purchase Ethereum using their credit card. However, it's important to note that using BYDFi or any other exchange without verification may carry higher risks, so it's crucial to exercise caution and only transact with trusted parties.