What are the options for purchasing crypto with a debit card and no ID verification?

7 answers

• May 06, 2022 · 3 years ago
  One option you can consider is using a peer-to-peer (P2P) trading platform like LocalBitcoins. These platforms connect buyers and sellers directly, allowing you to purchase cryptocurrencies without the need for ID verification. However, be cautious and do your due diligence to ensure the legitimacy and safety of the sellers on these platforms.
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• May 06, 2022 · 3 years ago
  Another option is to use a cryptocurrency ATM. These ATMs allow you to buy cryptocurrencies using your debit card without the need for ID verification. However, keep in mind that the availability of cryptocurrency ATMs may vary depending on your location.
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• May 06, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, offers the option to purchase cryptocurrencies with a debit card and no ID verification. With a user-friendly interface and a wide range of supported cryptocurrencies, BYDFi provides a convenient solution for those looking to buy crypto without the hassle of ID verification. However, it's always recommended to do your own research and compare different platforms before making a decision.
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• May 06, 2022 · 3 years ago
  If you're comfortable with a slightly higher level of risk, you can also consider using decentralized exchanges (DEXs) like Uniswap or PancakeSwap. These platforms allow you to trade cryptocurrencies directly from your wallet without the need for ID verification. However, be aware that DEXs may have lower liquidity and higher fees compared to centralized exchanges.
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• May 06, 2022 · 3 years ago
  In some cases, you may find individuals or groups on social media platforms like Telegram or Reddit who are willing to sell cryptocurrencies without requiring ID verification. However, proceed with caution as these transactions are often less secure and carry a higher risk of scams.
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• May 06, 2022 · 3 years ago
  If privacy is a concern for you, you can explore privacy-focused cryptocurrencies like Monero or Zcash. These cryptocurrencies offer enhanced privacy features that can help protect your identity during transactions. However, keep in mind that not all exchanges support these privacy-focused cryptocurrencies.
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• May 06, 2022 · 3 years ago
  Lastly, you can consider using prepaid debit cards that allow you to load them with funds and use them to purchase cryptocurrencies. These prepaid cards often have lower verification requirements compared to regular debit cards. However, make sure to check if the exchange or platform you plan to use accepts prepaid cards before proceeding.
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