How can I buy crypto using PayPal without needing to verify my identity?

3 answers

• Dec 18, 2021 · 3 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to verify their identity before allowing them to buy crypto using PayPal. This is to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy crypto without identity verification. Keep in mind that using these platforms may come with higher risks and lower security compared to established exchanges.
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• Dec 18, 2021 · 3 years ago
  Buying crypto without identity verification can be challenging. While some platforms claim to offer this option, it's important to exercise caution as they may not be trustworthy. It's recommended to choose a reputable exchange that prioritizes user security and follows regulatory requirements. Remember, providing your identity verification is a necessary step to ensure the safety and legitimacy of your transactions.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we understand the importance of privacy and security. While we do require identity verification for certain transactions, we also offer options for users who prefer to maintain their anonymity. Our platform provides a range of cryptocurrencies that can be purchased using PayPal, and we strive to ensure a seamless and secure experience for all our users.
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