How can I buy cryptocurrency without ID verification?

3 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through an ID verification process. This is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms or decentralized exchanges that allow users to buy cryptocurrency without ID verification. Keep in mind that using these platforms may come with higher risks, as they may not have the same level of security and user protection measures as regulated exchanges.
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• Dec 28, 2021 · 3 years ago
  Buying cryptocurrency without ID verification can be challenging, as most exchanges prioritize user security and compliance with regulations. However, if privacy is your main concern, you can consider using privacy-focused cryptocurrencies like Monero or Zcash. These cryptocurrencies offer enhanced privacy features that make it difficult to trace transactions back to individuals. Keep in mind that even if you use privacy-focused cryptocurrencies, you may still need to go through ID verification when converting them to other cryptocurrencies or fiat currencies.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand the need for privacy and offer a solution for buying cryptocurrency without ID verification. Our platform allows users to purchase cryptocurrency using decentralized finance (DeFi) protocols, which do not require ID verification. By leveraging smart contracts and blockchain technology, we provide a secure and private way to buy and trade cryptocurrencies. However, it's important to do your own research and understand the risks associated with DeFi before using our platform or any other decentralized exchange.
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