Are there any platforms in the USA where I can buy cryptocurrencies without providing a social security number?

3 answers

• Miho TakaApr 04, 2021 · 4 years ago
  Unfortunately, most cryptocurrency platforms in the USA require users to provide their social security number for verification purposes. This is due to the strict regulations and Know Your Customer (KYC) requirements imposed by the government. However, there are a few decentralized exchanges (DEXs) that allow users to buy cryptocurrencies without KYC. These DEXs operate on blockchain technology and prioritize user privacy. Keep in mind that using DEXs may come with certain risks, such as limited liquidity and potential exposure to scams. It's important to do thorough research and exercise caution when using such platforms.
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• Aron SteinAug 20, 2024 · a year ago
  As of now, there are no major platforms in the USA that allow you to buy cryptocurrencies without providing your social security number. The government regulations and compliance requirements make it mandatory for most platforms to collect this information. However, there are some peer-to-peer (P2P) trading platforms that may not require KYC verification. These platforms connect buyers and sellers directly, allowing for more privacy. It's important to note that P2P trading comes with its own risks, such as the potential for fraudulent sellers. Make sure to use reputable platforms and conduct due diligence before making any transactions.
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• Michael BildeOct 27, 2024 · 10 months ago
  While I cannot speak for other platforms, at BYDFi, we prioritize user privacy and offer a range of cryptocurrencies for purchase without the need for a social security number. Our platform operates on a decentralized model, allowing users to maintain their anonymity. We understand the importance of privacy in the cryptocurrency space and strive to provide a secure and user-friendly experience. However, it's always recommended to conduct your own research and choose a platform that aligns with your specific needs and preferences.
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