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Are there any exchanges that allow you to buy cryptocurrency without verifying your identity with a social security number?

avatarFeyza GueneşDec 28, 2021 · 3 years ago3 answers

I'm looking for cryptocurrency exchanges that don't require users to provide their social security number for identity verification. Are there any exchanges that allow you to buy cryptocurrency without going through this process?

Are there any exchanges that allow you to buy cryptocurrency without verifying your identity with a social security number?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require users to verify their identity with a social security number or other forms of identification. This is done to comply with regulations and prevent fraud. However, there are a few decentralized exchanges that allow users to trade cryptocurrencies without going through the identity verification process. Keep in mind that using decentralized exchanges may come with additional risks, so it's important to do thorough research and exercise caution.
  • avatarDec 28, 2021 · 3 years ago
    Hey there! If you're looking to buy cryptocurrency without providing your social security number, you might want to consider using peer-to-peer trading platforms. These platforms connect buyers and sellers directly, allowing you to trade cryptocurrencies without the need for identity verification. Just make sure to use reputable platforms and take necessary precautions to ensure a safe and secure transaction. Happy trading!
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a decentralized cryptocurrency exchange that allows users to buy and sell cryptocurrencies without verifying their identity with a social security number. With BYDFi, you can enjoy the benefits of decentralized trading while maintaining your privacy. However, it's important to note that decentralized exchanges may have lower liquidity and fewer trading options compared to centralized exchanges. Make sure to weigh the pros and cons before making a decision.