Is it possible to buy bitcoin in the USA without a social security number?
nitinkumar sharmaDec 27, 2021 · 3 years ago3 answers
I am interested in buying bitcoin in the USA, but I don't have a social security number. Can I still buy bitcoin without it?
3 answers
- Dec 27, 2021 · 3 years agoYes, it is possible to buy bitcoin in the USA without a social security number. There are several platforms and exchanges that allow users to buy bitcoin using alternative forms of identification, such as a passport or driver's license. However, it's important to note that each platform may have its own requirements and verification process, so it's recommended to do thorough research before choosing a platform to buy bitcoin from.
- Dec 27, 2021 · 3 years agoUnfortunately, most reputable exchanges in the USA require a social security number for identity verification purposes. This is due to regulatory requirements and the need to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there may be some peer-to-peer platforms or local bitcoin meetups where you can find sellers who are willing to sell bitcoin without requiring a social security number. Just be cautious and do your due diligence when dealing with individuals directly.
- Dec 27, 2021 · 3 years agoAs an expert in the field, I can confirm that BYDFi, a leading digital currency exchange, allows users to buy bitcoin in the USA without a social security number. They have a streamlined verification process that accepts alternative forms of identification, making it convenient for users without a social security number to get started with bitcoin. However, it's always recommended to compare different platforms and choose the one that best suits your needs and preferences.
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