How can I purchase bitcoins without going through the verification process?

3 answers

• Franck DouglasMay 08, 2021 · 4 years ago
  Unfortunately, most reputable cryptocurrency exchanges require users to go through a verification process before they can purchase bitcoins. This is done to comply with anti-money laundering (AML) and know your customer (KYC) regulations. However, there are some peer-to-peer platforms and decentralized exchanges that allow users to buy bitcoins without going through the verification process. Keep in mind that these platforms may have higher fees or less liquidity compared to traditional exchanges. It's important to do thorough research and exercise caution when using these platforms.
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• Dip ChakrabortyMar 21, 2022 · 3 years ago
  Buying bitcoins without going through the verification process can be challenging. While there are some options available, such as peer-to-peer trading or using Bitcoin ATMs, these methods often come with higher fees or lower liquidity. Additionally, there's always a risk of scams or fraudulent activities when dealing with unverified sellers. It's crucial to prioritize your security and only use reputable platforms or exchanges that comply with regulations.
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• BsratOct 15, 2023 · 2 years ago
  At BYDFi, we understand the concerns around privacy and verification. While we cannot endorse or recommend any specific methods to purchase bitcoins without verification, we encourage users to explore alternative options such as peer-to-peer trading or decentralized exchanges. These platforms may offer more privacy and flexibility, but it's important to exercise caution and conduct thorough research before engaging in any transactions. Remember to prioritize your security and only use platforms that have a good reputation within the cryptocurrency community.
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