common-close-0
BYDFi
Trade wherever you are!

How to buy cryptocurrencies without verification code?

avatarJegiDec 26, 2021 · 3 years ago3 answers

I want to buy cryptocurrencies but I don't want to go through the hassle of verification codes. Is there a way to purchase cryptocurrencies without having to provide a verification code?

How to buy cryptocurrencies without verification code?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require users to go through a verification process, which includes providing a verification code. This is done to ensure the security and legitimacy of transactions. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy cryptocurrencies without verification codes. Keep in mind that using such platforms may come with higher risks and lower security measures. It's important to do thorough research and exercise caution when using these platforms.
  • avatarDec 26, 2021 · 3 years ago
    Buying cryptocurrencies without a verification code can be challenging as most exchanges prioritize security and compliance. However, there are alternative methods you can explore. One option is to use a Bitcoin ATM, where you can purchase cryptocurrencies using cash or a debit card without the need for verification codes. Another option is to find individuals who are willing to sell cryptocurrencies directly to you in exchange for cash or other payment methods. Just be cautious and ensure you are dealing with trustworthy individuals to avoid scams or fraudulent transactions.
  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we understand that some users prefer to buy cryptocurrencies without going through the verification process. While we prioritize security and compliance, we also offer a decentralized exchange feature that allows users to trade cryptocurrencies without the need for verification codes. This provides a more private and anonymous trading experience. However, please note that using decentralized exchanges may come with additional risks, such as higher fees and limited liquidity. It's important to weigh the pros and cons before making a decision.