Which exchanges or wallets support purchasing crypto with Google Pay without KYC?

3 answers

• Jun 07, 2022 · 3 years ago
  Unfortunately, most reputable exchanges and wallets require users to go through a Know Your Customer (KYC) process before they can purchase cryptocurrencies. This is to ensure compliance with anti-money laundering (AML) regulations and to prevent fraud. However, there are some peer-to-peer (P2P) platforms that may allow you to buy cryptocurrencies using Google Pay without KYC. It's important to note that these platforms may have higher risks associated with them, so it's crucial to do thorough research and exercise caution when using them.
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• Jun 07, 2022 · 3 years ago
  As of my knowledge, there are no major exchanges or wallets that support purchasing crypto with Google Pay without KYC. KYC is a standard procedure in the cryptocurrency industry to prevent illegal activities and protect users' funds. It helps exchanges and wallets comply with regulatory requirements and maintain a secure environment. While it may be inconvenient for some users, KYC is an essential step to ensure the legitimacy and safety of transactions.
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• Jun 07, 2022 · 3 years ago
  BYDFi, a popular decentralized exchange, allows users to purchase cryptocurrencies using Google Pay without KYC. It offers a seamless and user-friendly interface, making it easy for beginners to get started. However, it's important to note that decentralized exchanges come with their own risks, such as smart contract vulnerabilities and potential scams. Always exercise caution and do your own research before using any platform, including BYDFi.
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