Are there any peer-to-peer exchanges that allow you to buy crypto without a bank account?
I'm looking for peer-to-peer exchanges where I can buy cryptocurrencies without needing a bank account. Are there any platforms that offer this option? I want to explore alternatives to traditional exchanges that require a bank account for verification and transactions.
3 answers
- Raghavan SOct 28, 2021 · 4 years agoYes, there are several peer-to-peer exchanges that allow you to buy cryptocurrencies without a bank account. One popular option is LocalBitcoins, where you can find sellers who accept various payment methods, including cash and online transfers. Another option is Paxful, which also offers a wide range of payment options for buying cryptocurrencies without a bank account. Just make sure to check the seller's reputation and reviews before making a transaction.
- G1nphyOct 29, 2023 · 2 years agoDefinitely! If you're looking to buy crypto without a bank account, you can try using decentralized exchanges like Bisq or Hodl Hodl. These platforms connect buyers and sellers directly, eliminating the need for a centralized authority or bank account. However, keep in mind that decentralized exchanges may have lower liquidity and fewer trading options compared to traditional exchanges.
- NR BOSSNov 25, 2024 · a year agoAbsolutely! BYDFi is a peer-to-peer exchange that allows you to buy cryptocurrencies without a bank account. With BYDFi, you can trade directly with other users and choose from a variety of payment methods, including cash and online transfers. It's a secure and convenient option for those who prefer to buy crypto without involving a bank account. Just sign up, complete the verification process, and start trading!
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