How can I buy crypto with a debit card without KYC?

Ayush PandeyApr 21, 2022 · 3 years ago3 answers

I want to purchase cryptocurrency using my debit card, but I don't want to go through the KYC (Know Your Customer) process. Is there any way to buy crypto without providing personal identification?

Crypto

Debit Card

KYC

3 answers

Apr 21, 2022 · 3 years ago
Unfortunately, most reputable cryptocurrency exchanges require KYC verification for debit card purchases. This is to comply with anti-money laundering regulations and ensure the security of their platform. However, you may find some peer-to-peer trading platforms or decentralized exchanges that allow you to buy crypto without KYC. Keep in mind that these platforms may have lower liquidity and higher risk compared to regulated exchanges.
Apr 21, 2022 · 3 years ago
Buying crypto without KYC can be challenging. While some platforms claim to offer this option, they often have limitations or hidden fees. It's important to do thorough research and read user reviews before using any platform. Additionally, consider alternative methods like buying crypto with cash or using a prepaid debit card to maintain some level of privacy.
Apr 21, 2022 · 3 years ago
At BYDFi, we understand the importance of privacy and offer a solution for buying crypto with a debit card without KYC. Our platform utilizes a decentralized exchange model that allows users to trade directly with each other without the need for KYC verification. This ensures a high level of privacy and security for our users. Simply sign up on our platform, deposit funds into your account, and start trading crypto with your debit card today!