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Are there any peer-to-peer exchanges that allow you to buy crypto without a bank account?

avatarSatyam SourabhDec 25, 2021 · 3 years ago3 answers

I'm looking for peer-to-peer exchanges where I can buy cryptocurrencies without needing a bank account. Are there any platforms that offer this option? I want to explore alternatives to traditional exchanges that require a bank account for verification and transactions.

Are there any peer-to-peer exchanges that allow you to buy crypto without a bank account?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, there are several peer-to-peer exchanges that allow you to buy cryptocurrencies without a bank account. One popular option is LocalBitcoins, where you can find sellers who accept various payment methods, including cash and online transfers. Another option is Paxful, which also offers a wide range of payment options for buying cryptocurrencies without a bank account. Just make sure to check the seller's reputation and reviews before making a transaction.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! If you're looking to buy crypto without a bank account, you can try using decentralized exchanges like Bisq or Hodl Hodl. These platforms connect buyers and sellers directly, eliminating the need for a centralized authority or bank account. However, keep in mind that decentralized exchanges may have lower liquidity and fewer trading options compared to traditional exchanges.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! BYDFi is a peer-to-peer exchange that allows you to buy cryptocurrencies without a bank account. With BYDFi, you can trade directly with other users and choose from a variety of payment methods, including cash and online transfers. It's a secure and convenient option for those who prefer to buy crypto without involving a bank account. Just sign up, complete the verification process, and start trading!