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What are the options for buying Ethereum without having to go through the ID verification process?

avatarLilian RibeiroDec 16, 2021 · 3 years ago3 answers

I want to buy Ethereum, but I don't want to go through the hassle of the ID verification process. Are there any options available for buying Ethereum without having to provide my personal information?

What are the options for buying Ethereum without having to go through the ID verification process?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Absolutely! There are several options for buying Ethereum without going through the ID verification process. One option is to use a peer-to-peer exchange platform that allows you to buy Ethereum directly from other individuals. These platforms often offer a variety of payment methods, including cash deposits and gift cards, which can be used to purchase Ethereum without the need for ID verification. Just make sure to choose a reputable platform and take necessary precautions to ensure a safe transaction.
  • avatarDec 16, 2021 · 3 years ago
    You're in luck! Some decentralized exchanges (DEXs) don't require ID verification to buy Ethereum. These platforms operate on blockchain technology and allow users to trade directly with each other without the need for a centralized authority. By using a DEX, you can maintain your privacy and buy Ethereum without providing personal information. However, keep in mind that DEXs may have lower liquidity and higher fees compared to centralized exchanges.
  • avatarDec 16, 2021 · 3 years ago
    BYDFi is a popular decentralized exchange that offers a seamless and secure way to buy Ethereum without going through the ID verification process. With BYDFi, you can trade directly with other users and maintain your privacy. The platform utilizes advanced encryption and security measures to ensure the safety of your transactions. Simply create an account, deposit funds, and start buying Ethereum hassle-free!