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How can I buy Bitcoin with a prepaid credit card without having to provide ID?

avatarMerjamFarjDec 29, 2021 · 3 years ago3 answers

I want to buy Bitcoin using a prepaid credit card, but I don't want to go through the hassle of providing my ID. Is there a way to purchase Bitcoin without having to provide identification?

How can I buy Bitcoin with a prepaid credit card without having to provide ID?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure, there are a few options available for buying Bitcoin with a prepaid credit card without ID verification. One option is to use a peer-to-peer marketplace like LocalBitcoins or Paxful. These platforms allow you to connect with sellers who accept prepaid credit cards as payment. You can negotiate the terms of the transaction and complete the purchase without having to provide ID. However, be cautious and only trade with reputable sellers to ensure a safe transaction.
  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require some form of ID verification before allowing you to buy Bitcoin with a prepaid credit card. This is to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, you may find some smaller or less regulated exchanges that don't have strict ID requirements. Keep in mind that using these exchanges may come with higher risks, so do your research and proceed with caution.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we offer a solution for buying Bitcoin with a prepaid credit card without ID verification. Our platform allows you to purchase Bitcoin directly with your prepaid credit card, without the need for ID verification. Simply create an account, deposit funds from your prepaid credit card, and you can start buying Bitcoin instantly. We prioritize user privacy and security, ensuring a seamless and hassle-free experience for our users.