How can I purchase bitcoin without going through the KYC process?

3 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through the KYC process in order to comply with regulations and prevent illegal activities. However, there are some peer-to-peer (P2P) platforms and decentralized exchanges (DEX) that allow users to buy bitcoin without KYC. These platforms connect buyers and sellers directly, eliminating the need for a centralized authority to verify identities. Keep in mind that using P2P platforms and DEX may involve higher risks and lower liquidity compared to traditional exchanges.
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• Dec 28, 2021 · 3 years ago
  Buying bitcoin without KYC can be challenging, as most exchanges prioritize compliance with regulations. However, you can explore options like Bitcoin ATMs or Bitcoin gift cards. Bitcoin ATMs allow you to purchase bitcoin with cash without the need for KYC. Bitcoin gift cards, on the other hand, can be purchased with cash or online and redeemed for bitcoin without KYC. It's important to note that these options may have limitations in terms of availability and fees.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand the concerns around KYC and privacy. While we prioritize compliance with regulations, we also offer a non-KYC option for purchasing bitcoin. Our non-KYC option allows users to buy bitcoin without providing personal identification. However, please note that this option is subject to certain limitations and may not be available in all regions. We encourage users to carefully consider the risks and legal implications before choosing this option.
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