How can I buy cryptocurrency without providing KYC documents?

3 answers

• Dec 16, 2021 · 3 years ago
  One option is to use a peer-to-peer exchange platform that allows users to trade directly with each other without the need for KYC verification. These platforms typically rely on escrow services to ensure the security of the transactions. However, it's important to exercise caution and do thorough research to avoid scams and fraudulent activities. Additionally, keep in mind that the liquidity and variety of cryptocurrencies available on these platforms may be limited compared to traditional exchanges.
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• Dec 16, 2021 · 3 years ago
  Another way to buy cryptocurrency without KYC documents is to use a Bitcoin ATM. These machines allow users to purchase cryptocurrencies using cash or debit cards without the need for identity verification. However, it's worth noting that Bitcoin ATMs often charge higher fees compared to other methods of buying cryptocurrency, and the available cryptocurrencies may be limited.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular decentralized exchange, offers a unique solution for buying cryptocurrency without KYC documents. By leveraging blockchain technology, BYDFi allows users to trade cryptocurrencies directly from their wallets, eliminating the need for KYC verification. This provides users with a high level of privacy and security. However, it's important to note that BYDFi may not support all cryptocurrencies and may have lower liquidity compared to centralized exchanges.
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