Can I buy bitcoin with a bank account without providing personal information?

3 answers

• Sai ChaitanyaJun 30, 2020 · 5 years ago
  Yes, it is possible to buy bitcoin with a bank account without providing personal information. Some peer-to-peer (P2P) platforms allow users to connect their bank accounts and make purchases without the need for extensive verification. However, it's important to note that these platforms may have limitations on the amount of bitcoin you can buy without verification.
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• Bateman HobbsNov 30, 2023 · 2 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through a verification process before they can buy bitcoin with a bank account. This process typically involves providing personal information such as your name, address, and identification documents. This verification is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations.
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• Jimmy CryptoSep 08, 2022 · 3 years ago
  Yes, you can buy bitcoin with a bank account without providing personal information through the BYDFi platform. BYDFi offers a decentralized exchange where users can trade cryptocurrencies without the need for extensive verification. However, it's important to note that BYDFi may have certain limitations on the amount of bitcoin you can purchase without verification. It's always recommended to check the platform's terms and conditions before making any transactions.
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