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Is it possible to buy bitcoin with PayPal anonymously and without ID?

avatarDhairya singhDec 29, 2021 · 3 years ago3 answers

I want to buy bitcoin using PayPal, but I don't want to provide any personal identification. Is it possible to buy bitcoin with PayPal anonymously and without ID?

Is it possible to buy bitcoin with PayPal anonymously and without ID?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, it is not possible to buy bitcoin with PayPal anonymously and without ID. PayPal has strict policies in place to prevent money laundering and ensure the security of transactions. To buy bitcoin using PayPal, you will need to go through a verification process and provide your personal identification.
  • avatarDec 29, 2021 · 3 years ago
    No, you cannot buy bitcoin with PayPal anonymously and without ID. PayPal requires users to verify their identity in order to comply with anti-money laundering regulations and prevent fraud. This verification process includes providing personal identification such as a government-issued ID or passport.
  • avatarDec 29, 2021 · 3 years ago
    While it is not possible to buy bitcoin with PayPal anonymously and without ID, there are alternative methods that offer more privacy. One such method is using a peer-to-peer exchange like BYDFi, which allows users to buy bitcoin directly from other individuals without the need for a centralized platform. However, it's important to note that even with these methods, some level of identification may still be required for security purposes.