Is it possible to purchase cryptocurrency without sharing my SSN?

3 answers

• May 29, 2022 · 3 years ago
  Yes, it is possible to purchase cryptocurrency without sharing your SSN. Some decentralized exchanges (DEXs) allow you to trade cryptocurrencies without the need for KYC (Know Your Customer) verification, which typically requires providing your SSN. However, keep in mind that not all cryptocurrencies may be available on DEXs, and liquidity might be lower compared to centralized exchanges.
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• May 29, 2022 · 3 years ago
  Unfortunately, most centralized cryptocurrency exchanges require users to complete KYC verification, which includes providing your SSN. This is done to comply with regulations and prevent money laundering and fraud. However, there are some peer-to-peer platforms where you can buy cryptocurrency directly from other individuals without the need for KYC verification. Just be cautious and do thorough research before engaging in any transactions on such platforms.
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• May 29, 2022 · 3 years ago
  At BYDFi, we understand the importance of privacy and offer a solution for purchasing cryptocurrency without sharing your SSN. Our platform allows users to buy and sell cryptocurrencies in a decentralized manner, without the need for KYC verification. This ensures that your personal information remains private and secure. However, please note that BYDFi may not support all cryptocurrencies, so it's always recommended to check the available options before making a purchase.
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