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Is there a way to purchase digital currency without going through the process of ID verification?

avatarExhibition Globe spamDec 29, 2021 · 3 years ago3 answers

I'm interested in buying digital currency, but I don't want to go through the hassle of ID verification. Is there any way to purchase digital currency without having to provide my ID?

Is there a way to purchase digital currency without going through the process of ID verification?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Unfortunately, most reputable cryptocurrency exchanges require users to go through the process of ID verification. This is done to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy digital currency without ID verification. Keep in mind that using these platforms may come with higher risks, as they may not have the same level of security and user protection measures as regulated exchanges.
  • avatarDec 29, 2021 · 3 years ago
    Hey there! If you're looking to buy digital currency without going through the hassle of ID verification, you might want to consider using a Bitcoin ATM. These ATMs allow you to purchase digital currency with cash, and in some cases, without the need for ID verification. Just find a Bitcoin ATM near you, insert your cash, and you'll receive your digital currency instantly. It's a convenient and anonymous way to get your hands on some digital currency!
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we understand that some users prefer to maintain their privacy and avoid ID verification. While we do require ID verification for certain transactions, we also offer a feature called 'anonymous trading' for users who want to buy digital currency without going through the process of ID verification. With anonymous trading, you can trade digital currency without revealing your identity. Please note that anonymous trading may have certain limitations and is subject to our terms and conditions.