Is it possible to buy bitcoins without ID verification and still maintain privacy?

3 answers

• Dec 19, 2021 · 3 years ago
  Yes, it is possible to buy bitcoins without ID verification and still maintain privacy. There are peer-to-peer platforms and decentralized exchanges that allow users to trade bitcoins without the need for ID verification. However, it's important to note that these platforms may have lower liquidity and higher risk compared to traditional exchanges. Users should exercise caution and do thorough research before engaging in transactions on such platforms.
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• Dec 19, 2021 · 3 years ago
  Absolutely! There are several ways to buy bitcoins without ID verification and still maintain privacy. One option is to use a Bitcoin ATM, where you can purchase bitcoins with cash without the need for ID verification. Another option is to find individuals or local sellers who are willing to sell bitcoins in person, allowing for a more private transaction. Additionally, some online platforms offer the option to buy bitcoins using gift cards or prepaid debit cards, which can also help maintain privacy.
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• Dec 19, 2021 · 3 years ago
  At BYDFi, we prioritize the privacy and security of our users. While we do require ID verification for certain transactions, we also offer options for users to buy bitcoins without ID verification. Our peer-to-peer marketplace allows users to connect with sellers directly and negotiate the terms of the transaction, providing a more private and decentralized experience. However, it's important to note that users should still exercise caution and conduct due diligence when engaging in transactions on any platform.
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