What are the options for purchasing crypto without providing identification?

3 answers

• Adams SchouAug 01, 2024 · a year ago
  Sure, there are a few options for purchasing crypto without providing identification. One option is to use a peer-to-peer exchange platform like LocalBitcoins or Paxful. These platforms allow you to buy crypto directly from other individuals without the need for identification. However, you should be cautious and do your due diligence to ensure the legitimacy and safety of the sellers. Another option is to use a Bitcoin ATM. Bitcoin ATMs are machines that allow you to buy crypto with cash. Some Bitcoin ATMs only require a phone number for verification, while others may not require any identification at all. Keep in mind that Bitcoin ATMs often charge higher fees compared to other methods. Lastly, you can consider using decentralized exchanges (DEXs) that don't require identification. DEXs operate on blockchain technology and allow users to trade cryptocurrencies directly with each other without the need for a centralized authority. However, DEXs may have lower liquidity and a limited selection of cryptocurrencies compared to centralized exchanges.
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• Guldager ElliottJul 11, 2024 · a year ago
  No worries! If you're looking to purchase crypto without providing identification, you have a few options available. One option is to explore peer-to-peer exchange platforms like LocalBitcoins or Paxful. These platforms connect you with individual sellers who are willing to sell crypto without requiring identification. Just make sure to research and choose reputable sellers to ensure a safe transaction. Another option is to use a Bitcoin ATM. Bitcoin ATMs allow you to purchase crypto using cash, and some ATMs only require a phone number for verification. However, keep in mind that Bitcoin ATMs often charge higher fees compared to other methods. Alternatively, you can consider using decentralized exchanges (DEXs). DEXs operate on blockchain technology and enable direct peer-to-peer trading without the need for identification. However, it's important to note that DEXs may have lower liquidity and a more limited selection of cryptocurrencies compared to centralized exchanges.
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• Renie Lyn OrqueNov 04, 2021 · 4 years ago
  Absolutely! If you're looking to buy crypto without providing identification, you have a few options at your disposal. One popular option is to use peer-to-peer exchange platforms such as LocalBitcoins or Paxful. These platforms connect buyers and sellers directly, allowing you to purchase crypto without the need for identification. However, it's important to exercise caution and verify the reputation of the sellers before proceeding with a transaction. Another option is to utilize Bitcoin ATMs. These machines enable you to purchase crypto using cash, and some ATMs only require a phone number for verification. Keep in mind that Bitcoin ATMs may charge higher fees compared to other methods. Lastly, decentralized exchanges (DEXs) are gaining popularity in the crypto community. DEXs operate on blockchain technology and facilitate direct trading between users without the need for identification. However, it's worth noting that DEXs may have lower liquidity and a narrower range of available cryptocurrencies compared to centralized exchanges.
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