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How can I buy crypto without KYC using a credit card?

avatarAlexey ZudWorkDec 18, 2021 · 3 years ago3 answers

I want to purchase cryptocurrency without going through the KYC (Know Your Customer) process, and I prefer to use a credit card for the transaction. How can I achieve this?

How can I buy crypto without KYC using a credit card?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One option to buy crypto without KYC using a credit card is to use a peer-to-peer trading platform. These platforms connect buyers and sellers directly, allowing you to find someone willing to sell crypto without requiring KYC verification. However, be cautious and do your due diligence to ensure the legitimacy and security of the platform and the seller. Another option is to use a decentralized exchange (DEX) that supports credit card purchases. Some DEXs allow you to buy crypto directly with a credit card without the need for KYC verification. However, the availability of credit card purchases may vary depending on the DEX and the specific cryptocurrency you want to buy. Keep in mind that buying crypto without KYC may have limitations and risks, such as lower transaction limits and potential exposure to scams. It's important to research and choose a reputable platform or exchange to minimize these risks.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking to buy crypto without KYC using a credit card, you might consider using a cryptocurrency ATM. These ATMs allow you to purchase cryptocurrencies directly with your credit card, often without the need for KYC verification. However, the availability of cryptocurrency ATMs may be limited depending on your location. Another option is to find individuals or groups in your local community who are willing to sell crypto without KYC verification. Online forums and social media groups dedicated to cryptocurrency trading or local buy/sell groups can be a good place to start. However, be cautious and only transact with trusted individuals to avoid scams or fraudulent activities. Remember, buying crypto without KYC may not always be possible or convenient, and it's important to consider the legal and regulatory requirements in your jurisdiction before engaging in such transactions.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we understand the importance of privacy and offer a solution for buying crypto without KYC using a credit card. Our platform allows users to purchase a wide range of cryptocurrencies directly with a credit card, without the need for KYC verification. With our secure and user-friendly interface, you can easily complete your transactions and enjoy the benefits of owning cryptocurrencies. Visit our website to explore our offerings and start buying crypto without KYC today!