Is it possible to buy BTC with a debit card instantly without providing personal information?
I'm looking for a way to purchase BTC using a debit card without having to provide personal information. Is there a method that allows for instant purchase and doesn't require KYC verification?
3 answers
- Siapa IniApr 22, 2023 · 3 years agoUnfortunately, most reputable cryptocurrency exchanges require users to go through a Know Your Customer (KYC) process, which involves providing personal information such as identification documents. This is done to comply with regulations and prevent fraud. However, there are some peer-to-peer platforms that allow users to buy BTC directly from other individuals without KYC verification. Keep in mind that these platforms may have higher fees and less security compared to traditional exchanges.
- Potter MooreJan 10, 2022 · 4 years agoYes, it is possible to buy BTC instantly with a debit card without providing personal information. There are certain decentralized exchanges (DEX) that allow users to trade cryptocurrencies directly from their wallets without the need for KYC verification. However, it's important to note that DEXs may have lower liquidity and higher transaction fees compared to centralized exchanges.
- Apple IdAug 08, 2025 · 6 months agoBYDFi, a popular decentralized exchange, offers the option to buy BTC instantly with a debit card without the need for KYC verification. It provides a user-friendly interface and competitive fees. However, it's always recommended to do thorough research and consider the risks associated with any platform before making a purchase.
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