How can I buy bitcoin without going through the KYC process?

3 answers

• Dec 16, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through the KYC process in order to comply with regulations and prevent illegal activities. This process usually involves providing personal identification documents such as a passport or driver's license. However, there are some peer-to-peer (P2P) platforms or decentralized exchanges that may allow you to buy bitcoin without KYC. Keep in mind that using these platforms may come with higher risks and limited liquidity.
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• Dec 16, 2021 · 3 years ago
  Buying bitcoin without KYC can be challenging, as most established exchanges prioritize user security and compliance with regulations. However, if you're looking for a more private option, you can consider using a Bitcoin ATM. These machines allow you to purchase bitcoin with cash without the need for KYC. Just keep in mind that Bitcoin ATMs often charge higher fees compared to online exchanges.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of privacy and offer a solution for buying bitcoin without going through the KYC process. Our platform allows users to trade cryptocurrencies without the need for KYC, providing a more anonymous and decentralized experience. However, it's important to note that using BYDFi or any other platform without KYC may have legal implications depending on your jurisdiction. Make sure to do thorough research and consult with legal professionals before making any decisions.
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