How can I buy bitcoin with PayPal without providing ID?

3 answers

• Jan 02, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through an ID verification process when buying bitcoin with PayPal. This is to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms and online marketplaces that allow users to buy bitcoin directly from other individuals without requiring ID verification. Keep in mind that these platforms may have higher risks and fees compared to traditional exchanges.
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• Jan 02, 2022 · 3 years ago
  Buying bitcoin with PayPal without providing ID can be challenging. While there are some platforms that claim to offer this service, they often have low liquidity and may not be trustworthy. It's important to exercise caution and do thorough research before using any platform. Additionally, keep in mind that using peer-to-peer platforms or online marketplaces may expose you to potential scams or fraudulent sellers. Always verify the reputation and credibility of the platform and the seller before making any transactions.
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• Jan 02, 2022 · 3 years ago
  At BYDFi, we understand the importance of privacy and security when it comes to buying bitcoin. While we do require ID verification for certain transactions, we also offer alternative payment methods that don't require ID verification, such as bank transfers or other cryptocurrencies. These options provide a level of anonymity while still allowing you to buy bitcoin. Please note that different countries and regions may have different regulations and requirements, so it's important to check the local laws and regulations before proceeding.
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