How can I buy crypto using a debit card without KYC verification?

3 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require KYC verification when purchasing crypto with a debit card. KYC (Know Your Customer) is a process that involves providing personal identification documents to verify your identity. This is done to comply with regulations and prevent fraud. However, there are a few decentralized exchanges (DEXs) that allow you to buy crypto without KYC verification. Keep in mind that using DEXs may come with additional risks and lower liquidity compared to centralized exchanges.
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• Dec 28, 2021 · 3 years ago
  Buying crypto without KYC verification can be challenging, as most exchanges prioritize user security and compliance with regulations. However, there are some peer-to-peer (P2P) platforms that facilitate direct transactions between buyers and sellers, allowing you to purchase crypto without going through the KYC process. These platforms act as intermediaries and provide escrow services to ensure a safe transaction. It's important to research and choose a reputable P2P platform with a good track record to minimize the risk of scams.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand the importance of privacy and offer a solution for buying crypto with a debit card without KYC verification. Our platform allows you to purchase a specific type of cryptocurrency directly with your debit card, without the need for KYC verification. However, please note that this option is only available for certain cryptocurrencies and may have limitations in terms of transaction volume. It's always recommended to do your own research and ensure compliance with local regulations before making any crypto purchases.
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