How can I buy digital currencies without having to disclose my social security number?

3 answers

• Jodi SudarsoJan 13, 2022 · 4 years ago
  Yes, there are some options available for buying digital currencies without disclosing your social security number. One option is to use peer-to-peer exchanges that allow users to trade directly with each other without the need for a central authority. Another option is to use decentralized exchanges that operate on blockchain technology and don't require users to provide personal information. However, it's important to note that these platforms may have lower liquidity and higher risk compared to traditional exchanges. It's always recommended to do thorough research and consider the risks before using any platform.
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• Hugo WalandowitschJul 01, 2023 · 3 years ago
  Absolutely! If you value your privacy and don't want to disclose your social security number, you can consider using privacy-focused cryptocurrencies like Monero or Zcash. These cryptocurrencies offer enhanced privacy features that allow you to transact without revealing your personal information. Additionally, you can also explore the option of buying digital currencies in person through peer-to-peer meetups or using Bitcoin ATMs, as these methods usually don't require extensive personal information.
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• MtonoliMay 24, 2024 · 2 years ago
  At BYDFi, we understand the importance of privacy and security. While we do require users to provide their social security number for compliance purposes, we have implemented strict security measures to protect your personal information. We use advanced encryption techniques and follow industry best practices to ensure the safety of your data. If you're concerned about privacy, you can explore other options mentioned above, but do keep in mind the potential risks associated with using less regulated platforms.
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