Is it possible to buy bitcoin with a prepaid card without the need for verification?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, it is possible to buy bitcoin with a prepaid card without the need for verification. Some peer-to-peer platforms allow users to trade directly with each other, and you can find sellers who accept prepaid cards as payment. However, be cautious when dealing with individuals and make sure to choose reputable sellers with good feedback to avoid scams. It's important to note that this method may not be available on all exchanges and platforms, so do your research before proceeding.
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• Dec 17, 2021 · 3 years ago
  Buying bitcoin with a prepaid card without verification is not as common as using other payment methods. Most exchanges and platforms require some form of verification to comply with regulations and prevent fraudulent activities. However, there are some decentralized exchanges and peer-to-peer platforms that may offer this option. Keep in mind that using prepaid cards for bitcoin purchases may come with higher fees and lower limits compared to other payment methods.
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• Dec 17, 2021 · 3 years ago
  At BYDFi, we prioritize user security and compliance with regulations. Therefore, we require users to complete the verification process before they can buy bitcoin on our platform. This helps us ensure the safety of our users' funds and prevent any potential illegal activities. We understand that some users may prefer to buy bitcoin anonymously, but we believe that following proper KYC (Know Your Customer) procedures is essential for a secure and trustworthy trading environment.
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