Is it possible to purchase bitcoin with a prepaid card without going through the verification process?

3 answers

• It DoctorzAug 05, 2020 · 5 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through a verification process before they can purchase bitcoin with a prepaid card. This process is in place to prevent fraud and ensure compliance with anti-money laundering regulations. However, there are some peer-to-peer platforms or decentralized exchanges that may allow you to buy bitcoin with a prepaid card without verification. Keep in mind that using these platforms may come with higher risks and less security compared to established exchanges.
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• Jonah GarciaOct 11, 2020 · 5 years ago
  Yes, it is possible to purchase bitcoin with a prepaid card without going through the verification process. Some cryptocurrency ATMs or kiosks allow users to buy bitcoin using prepaid cards without the need for verification. However, it's important to note that these ATMs may charge higher fees compared to online exchanges, and the availability of such ATMs may vary depending on your location.
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• Shams HaiderDec 28, 2022 · 3 years ago
  At BYDFi, we understand the need for privacy and convenience when it comes to purchasing bitcoin. While we cannot speak for other exchanges, we offer a seamless and secure way to buy bitcoin with a prepaid card without going through the verification process. Our platform ensures the privacy of your personal information while providing a user-friendly experience. Simply sign up, deposit funds using your prepaid card, and start buying bitcoin instantly.
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