How can I purchase bitcoin using Apple Pay without going through KYC verification?

3 answers

• Jan 01, 2022 · 3 years ago
  Unfortunately, it is not possible to purchase bitcoin using Apple Pay without going through KYC verification. KYC (Know Your Customer) is a mandatory process implemented by most cryptocurrency exchanges to comply with regulations and prevent illegal activities. It requires users to provide personal information, such as identification documents and proof of address. This process helps ensure the security and legitimacy of transactions. If you want to buy bitcoin without KYC verification, you may consider using peer-to-peer platforms or decentralized exchanges, but be cautious as they may have higher risks and lower liquidity compared to traditional exchanges.
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• Jan 01, 2022 · 3 years ago
  Buying bitcoin with Apple Pay without KYC verification is not recommended. KYC verification is an important step to prevent fraud, money laundering, and other illegal activities. It helps ensure the safety and security of both buyers and sellers. By going through the KYC process, you are providing proof of your identity and establishing trust with the exchange. This is crucial for the overall integrity of the cryptocurrency ecosystem. It is always best to follow the regulations and use reputable exchanges that prioritize security and compliance.
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• Jan 01, 2022 · 3 years ago
  At BYDFi, we understand the concerns about KYC verification and the desire for privacy. However, as a regulated exchange, we are required to comply with KYC regulations to ensure a safe and secure trading environment. KYC verification helps prevent fraud, money laundering, and other illegal activities. It also protects our users and the integrity of the platform. We recommend following the KYC process when buying bitcoin or any other cryptocurrency to ensure a smooth and secure trading experience.
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