What are the options for purchasing crypto without identity verification?

3 answers

• Dec 28, 2021 · 3 years ago
  Sure, there are several options for purchasing cryptocurrencies without identity verification. One option is to use peer-to-peer (P2P) exchanges that allow you to buy crypto directly from other individuals without the need for verification. Platforms like LocalBitcoins and Paxful are popular choices for P2P trading. Another option is to use decentralized exchanges (DEXs) that operate on blockchain technology and don't require identity verification. Examples of DEXs include Uniswap and SushiSwap. However, it's important to note that while these options provide anonymity, they may come with higher risks and less regulatory oversight compared to traditional exchanges.
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• Dec 28, 2021 · 3 years ago
  Absolutely! If you're looking to purchase cryptocurrencies without going through the hassle of identity verification, you can consider using a Bitcoin ATM. These ATMs allow you to buy Bitcoin and sometimes other cryptocurrencies using cash or debit/credit cards without the need for ID verification. Just find a Bitcoin ATM near you, follow the instructions on the machine, and you'll be able to purchase crypto anonymously. Keep in mind that Bitcoin ATMs may have higher fees compared to other methods of buying crypto.
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• Dec 28, 2021 · 3 years ago
  BYDFi is a popular decentralized exchange that offers the option to purchase crypto without identity verification. It operates on the Ethereum blockchain and provides a user-friendly interface for trading various cryptocurrencies. With BYDFi, you can enjoy the benefits of decentralized trading while maintaining your privacy. However, it's important to do your own research and consider the risks associated with any platform before making a decision.
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