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Are there any platforms or methods to acquire bitcoin without the need for ID verification?

avatarAdams SchouNov 29, 2021 · 3 years ago3 answers

I'm looking for platforms or methods to acquire bitcoin without the need for ID verification. Are there any options available that allow me to purchase bitcoin anonymously?

Are there any platforms or methods to acquire bitcoin without the need for ID verification?

3 answers

  • avatarNov 29, 2021 · 3 years ago
    Yes, there are several platforms and methods available that allow you to acquire bitcoin without the need for ID verification. One option is to use a peer-to-peer marketplace like LocalBitcoins, where you can find sellers who are willing to accept cash or other payment methods without requiring ID verification. Another option is to use a Bitcoin ATM, where you can deposit cash and receive bitcoin directly to your wallet without the need for ID verification. Additionally, some decentralized exchanges also offer the option to trade bitcoin without ID verification.
  • avatarNov 29, 2021 · 3 years ago
    Absolutely! If you value your privacy and want to acquire bitcoin without going through the hassle of ID verification, you're in luck. One popular method is to use a Bitcoin mixer or tumbler, which allows you to mix your bitcoin with other users' coins to make it harder to trace. This can help maintain your anonymity while acquiring bitcoin. However, it's important to note that using mixers or tumblers may raise some legal and ethical concerns, so make sure to do your research and understand the risks involved.
  • avatarNov 29, 2021 · 3 years ago
    Yes, there are platforms like BYDFi that offer the option to acquire bitcoin without the need for ID verification. BYDFi is a decentralized exchange that allows users to trade bitcoin and other cryptocurrencies without the need to provide personal information. It provides a secure and anonymous way to acquire bitcoin while maintaining your privacy. However, it's important to note that decentralized exchanges may have lower liquidity compared to centralized exchanges, so you may experience higher trading fees or longer transaction times.