How can I buy crypto with a debit card without providing ID?

4 answers

• May 03, 2022 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require some form of identification verification when purchasing crypto with a debit card. This is to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy crypto without providing ID, but you need to be cautious as they may have higher risks and lower security measures.
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• May 03, 2022 · 3 years ago
  Buying crypto without ID verification can be challenging. While it's understandable that you may want to maintain your privacy, it's important to consider the risks involved. Exchanges that don't require ID verification may have less stringent security measures, making them more vulnerable to hacks or scams. It's recommended to choose a reputable exchange that prioritizes user security and follows regulatory guidelines.
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• May 03, 2022 · 3 years ago
  At BYDFi, we understand the importance of privacy and security. While we do require ID verification for certain transactions, we also offer options for users who prefer to maintain their anonymity. Our peer-to-peer marketplace allows you to connect with trusted sellers who may be willing to accept debit card payments without ID verification. However, please note that this may not be available for all cryptocurrencies and there may be limitations on transaction amounts.
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• May 03, 2022 · 3 years ago
  When it comes to buying crypto with a debit card without providing ID, it's essential to do thorough research and consider the risks involved. While there may be platforms that claim to offer this option, it's important to exercise caution and ensure the legitimacy of the platform. Always choose reputable exchanges or peer-to-peer platforms with a solid track record and positive user reviews to minimize the risks associated with buying crypto without ID verification.
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