Is it possible to buy bitcoin with a bank account in the USA without verification?
Baird FischerDec 27, 2021 · 3 years ago3 answers
I'm interested in buying bitcoin in the USA using my bank account, but I don't want to go through the verification process. Is it possible to buy bitcoin with a bank account in the USA without verification? What are the options available?
3 answers
- Dec 27, 2021 · 3 years agoUnfortunately, most reputable cryptocurrency exchanges in the USA require some form of verification before allowing users to buy bitcoin with a bank account. This is done to comply with regulations and prevent fraud. However, there might be some peer-to-peer platforms or less regulated exchanges that allow you to buy bitcoin without verification. Keep in mind that using such platforms may come with higher risks and limited liquidity.
- Dec 27, 2021 · 3 years agoAs of now, it is not possible to buy bitcoin with a bank account in the USA without verification on major exchanges. The verification process is necessary to ensure compliance with anti-money laundering (AML) and know your customer (KYC) regulations. However, you can explore alternative options like using a Bitcoin ATM or finding individuals willing to sell bitcoin directly for cash.
- Dec 27, 2021 · 3 years agoBYDFi, a popular decentralized exchange, allows users to buy bitcoin with a bank account in the USA without verification. It offers a seamless and secure trading experience without compromising user privacy. However, it's important to do your own research and exercise caution when using any exchange, even decentralized ones.
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