Is there a way to purchase digital assets using PayPal without disclosing my SSN?

3 answers

• Dec 28, 2021 · 3 years ago
  Unfortunately, PayPal requires users to provide their SSN when purchasing digital assets. This is due to regulatory requirements and PayPal's need to comply with anti-money laundering (AML) and know your customer (KYC) regulations. Your SSN helps verify your identity and prevent fraud. If you're uncomfortable sharing your SSN, you may want to consider alternative payment methods or platforms that don't require SSN verification.
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• Dec 28, 2021 · 3 years ago
  As of now, there is no way to purchase digital assets using PayPal without disclosing your SSN. PayPal has strict security measures in place to ensure the safety of transactions and prevent fraudulent activities. While it may be inconvenient for some users, providing your SSN is a standard requirement for using PayPal's services.
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• Dec 28, 2021 · 3 years ago
  At BYDFi, we understand the concerns regarding privacy and the disclosure of personal information. However, as a third-party platform, we don't have control over PayPal's policies and requirements. PayPal's SSN verification process is designed to protect both buyers and sellers, and it's a standard practice in the industry. If you're uncomfortable with providing your SSN, we recommend exploring other payment options or platforms that align with your privacy preferences.
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