What are the ways to buy cryptocurrency without providing SSN?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure, there are a few ways you can buy cryptocurrency without providing your SSN. One option is to use a peer-to-peer exchange platform like LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the transaction without the need for a centralized exchange. Another option is to use a Bitcoin ATM, where you can purchase cryptocurrency with cash. These machines usually have lower transaction limits, but they offer a more anonymous way to buy crypto. Lastly, you can consider using a decentralized exchange (DEX) like Uniswap or Sushiswap. DEXs operate on blockchain networks and do not require KYC (Know Your Customer) verification, which means you can trade without providing your SSN. However, keep in mind that DEXs may have lower liquidity and higher fees compared to centralized exchanges.
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• Dec 16, 2021 · 3 years ago
  Buying cryptocurrency without providing your SSN is possible, but it's important to be cautious. One option is to find a reputable cryptocurrency broker that does not require SSN verification. These brokers may have stricter limits or higher fees, but they offer a more private way to buy crypto. Another option is to use a privacy-focused cryptocurrency like Monero or Zcash. These cryptocurrencies prioritize anonymity and privacy, making it harder to trace transactions back to individuals. However, keep in mind that using privacy-focused cryptocurrencies may come with additional technical complexities.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the importance of privacy when it comes to buying cryptocurrency. While we do require SSN verification for certain transactions, we also offer alternative methods for users who value their privacy. Our platform allows users to buy cryptocurrency using stablecoins like USDT or BUSD, which do not require SSN verification. This provides a more private option for purchasing crypto while still enjoying the benefits of a secure and regulated exchange. Feel free to explore our platform and reach out to our support team for more information on privacy-focused options.
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