Buying Bitcoin with no KYC verification - page 3.

abel1337

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Quote from: djmixen on September 19, 2020, 12:16:50 AM

I think it's not possible for the buyers or investors to buy bitcoin using His/Her Credit card or Paypal without submitting their KYC.
Because you are using a bank card where it is regulated into a traditional business. Unless you want to buy bitcoin person to person
on which you know them well something like that.

Well this is true, Most banks are requiring KYC and also Paypal so technically you are using KYC account when buying bitcoin but there is other payment out there but there are other payment methods like google pay but some of it are rarely accepted by those who are selling it. There are many but it will undergoes in many process and will hassle the buyer.

KYC is on the payment processor now so even if the exchange didn't require KYC you will be forced to use your accounts that undergoes KYC.

djmixen

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I think it's not possible for the buyers or investors to buy bitcoin using His/Her Credit card or Paypal without submitting their KYC.
Because you are using a bank card where it is regulated into a traditional business. Unless you want to buy bitcoin person to person
on which you know them well something like that.

dimonstration

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Dimon69

Quote from: Shasha80 on September 16, 2020, 03:35:04 AM

You cannot buy Bitcoin and altcoins using Credit Card or Paypal without KYC. Because both of them have been regulated by the government,
so buying Bitcoin with Credit Card or Paypal must go through the KYC procedure, there are several other ways to buy Bitcoin without the KYC
procedure. Among other things, using P2P platforms, Bitcoin ATMs and there are several exchanges that do not have to do KYC to buy Bitcoin.

But those other exchanges may not guarantee your money if no KYC, but if its just small amount and not thru card or bank deposits, okex and Binance can be done but only in just small amount as there are limits that requires to di KYC to abide laws. Actually having KYC in known companies is no longer a problem now as they will protect more they name to be still in the market for long. It's hard to establish names in crypto especially in exchanges. If not then consumer p2p transaction or create post here to do deal provided there is escrow for security.

24Kt

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Quote from: Ryker1 on September 16, 2020, 07:16:59 PM

Quote from: Hypnosis00 on September 16, 2020, 08:20:25 AM

Only the P2P options could save you.
KYC is makes everyone safe but I don't no why we should have to keep ourselves anonymous always coz anytime soon, we all need to pass KYC.
We're not making this a big deal to hide if we know that we are using legit exchanges, in fact, we get benefits from it personally. A matter of fact that known exchanges are already practicing that to keep all their client in safe which is very important, not of being anonymous.

Well, P2P is not the only way you can bitcoin without verification. There is ATM machines near your place that you can buy and even decentralize exchange that did not have require KYC. Also Binance exchange, --you can buy to them bitcoin without KYC verification as long as your order not will exceed the limit of 1 bitcoin. However, I agree that why we afraid of KYC thing, because nowadays, many people want to fill up KYC as long as that is not scam that perhaps will stel your real identy.

And if you are talking with Binance, I guess they are pretty much safe. But I thought their limit is 2 btc per day without KYC. They also have their P2P exchange where you can find different fiats also. Other than that, you may find your local P2P useful.

akram143

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Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

Local cryptos offers people to buy bitcoin without KYC with USD : https://localcryptos.com/Bitcoin/United_States

But for paypal like trades the user needs verifications because of chargeback issues, so either you need to buy with bank transfer or other payment modes.

Ryker1

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Quote from: Hypnosis00 on September 16, 2020, 08:20:25 AM

Only the P2P options could save you.
KYC is makes everyone safe but I don't no why we should have to keep ourselves anonymous always coz anytime soon, we all need to pass KYC.
We're not making this a big deal to hide if we know that we are using legit exchanges, in fact, we get benefits from it personally. A matter of fact that known exchanges are already practicing that to keep all their client in safe which is very important, not of being anonymous.

Well, P2P is not the only way you can bitcoin without verification. There is ATM machines near your place that you can buy and even decentralize exchange that did not have require KYC. Also Binance exchange, --you can buy to them bitcoin without KYC verification as long as your order not will exceed the limit of 1 bitcoin. However, I agree that why we afraid of KYC thing, because nowadays, many people want to fill up KYC as long as that is not scam that perhaps will stel your real identy.

Dorodha

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KYC sites are now scamming so kyc bitcoin buying sites are very few most good sites do not have to do kyc. I bought Bitcoin like this if you kyc your bitcoin to an online site or exchange that site is likely to be hacked. This has happened before and as a result you will not get those bitcoins back. They will hack our personal information that's why it's best to buy with your debit card or credit card or PayPal. There will be no need for verification and it will be protected.

mersal

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Quote from: Hypnosis00 on September 16, 2020, 08:20:25 AM

Only the P2P options could save you.
KYC is makes everyone safe but I don't no why we should have to keep ourselves anonymous always coz anytime soon, we all need to pass KYC.
We're not making this a big deal to hide if we know that we are using legit exchanges, in fact, we get benefits from it personally. A matter of fact that known exchanges are already practicing that to keep all their client in safe which is very important, not of being anonymous.

Anonymous and privacy are two important factors to keep in the internet world, it may not harmful for a middleclass people who used to trade few hundreds or in thousands but if they are doing in huge amount then they will be monitored by people for whatever reasons.Even KYC documents can be misused for lot of internet scams so you will be get caught for someone doing a rime in the darknet.

Hypnosis00

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Only the P2P options could save you.
KYC is makes everyone safe but I don't no why we should have to keep ourselves anonymous always coz anytime soon, we all need to pass KYC.
We're not making this a big deal to hide if we know that we are using legit exchanges, in fact, we get benefits from it personally. A matter of fact that known exchanges are already practicing that to keep all their client in safe which is very important, not of being anonymous.

Wind_FURY

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Quote from: Max2140 on September 15, 2020, 09:33:17 PM

Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

As for the U.S., KYC is required because fiat to crypto transactions are considered money transmitter services and are heavily regulated.

As for BISQ, no one from the U.S. can require KYC for cryptocurrency to fiat, or fiat to cryptocurrency trades, because the technology enables you to trade decentrally.

https://bisq.network/

Shasha80

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You cannot buy Bitcoin and altcoins using Credit Card or Paypal without KYC. Because both of them have been regulated by the government,
so buying Bitcoin with Credit Card or Paypal must go through the KYC procedure, there are several other ways to buy Bitcoin without the KYC
procedure. Among other things, using P2P platforms, Bitcoin ATMs and there are several exchanges that do not have to do KYC to buy Bitcoin.

imstillthebest

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Quote from: LimLims on September 15, 2020, 11:59:47 PM

Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

To be very much honest, there is no way that you can purchase Btc without giving KYC proof.
Earlier a year ago, it was possible through Localbitcoins but they too have changed their policy and started taking KYC verifications for any sort of transactions.
Moreover you can also use the forum's Currency Exchange section to buy Bitcoins without KYC, but many members don't like the payment method PayPal, so offer them something interesting and enjoy with your BTC.
Hope this helps you OP.

by using a credit card and a paypal , i think he already done a kyc with that but why he still avoiding a kyc . i dont get the point . anyway , localbitcoins isnt the only site that we can buy a btc but there are so many sites now and some of them wont require a kyc . the forum is of course one of it but i dont consider it as a safe option because anyone can pretend here . he can try buying on a verry trusted and older member , so many threads here i saw that accepts paypal and paypal is still useful as an alternative to crypto

LimLims

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Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

To be very much honest, there is no way that you can purchase Btc without giving KYC proof.
Earlier a year ago, it was possible through Localbitcoins but they too have changed their policy and started taking KYC verifications for any sort of transactions.
Moreover you can also use the forum's Currency Exchange section to buy Bitcoins without KYC, but many members don't like the payment method PayPal, so offer them something interesting and enjoy with your BTC.
Hope this helps you OP.

TokenBot_

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Quote from: RealMalatesta on September 15, 2020, 03:20:20 PM

Have you guys tried OTC? I mean it scares the bejeezus out of me but there are so many people who do OTC right now and that doesn't look healthy at all but so much volume as well so I don't know.

They just give btc to people they do not know and they get money to their account and you basically don't do any KYC at all, or you can meet face to face and do it in cash which is a bit less scary, you do not worry about getting your money stolen because you are in public and even though if you meet with them in a shady place you could still be robbed, if you do it in a very crowded place, the possibility if you getting robbed drops significantly.

I have never done it myself because I am very afraid but if any of you guys did it, I would like to learn about your experience.

Where are you getting your information regarding OTC volume?

Max2140

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Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

As for the U.S., KYC is required because fiat to crypto transactions are considered money transmitter services and are heavily regulated.

RealMalatesta

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Activity: 2338

Merit: 1124

Have you guys tried OTC? I mean it scares the bejeezus out of me but there are so many people who do OTC right now and that doesn't look healthy at all but so much volume as well so I don't know.

They just give btc to people they do not know and they get money to their account and you basically don't do any KYC at all, or you can meet face to face and do it in cash which is a bit less scary, you do not worry about getting your money stolen because you are in public and even though if you meet with them in a shady place you could still be robbed, if you do it in a very crowded place, the possibility if you getting robbed drops significantly.

I have never done it myself because I am very afraid but if any of you guys did it, I would like to learn about your experience.

Kupid002

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Quote from: mersal on September 15, 2020, 09:51:23 AM

Quote from: tvplus006 on September 15, 2020, 07:05:35 AM

Quote from: mersal on September 15, 2020, 12:18:16 AM

...I don't know how someone can find the details of passport just using the bank account, Do we link our passport while creating a bank account? I didn't until now...

When you receive a payment card, you need to pass KYC in the Bank. This way you can always be identified by your account, as they are always linked to your documents. If you buy bitcoin through a centralized exchange, you can always be identified using payments made using a Bank card.

Ofcourse banks will know our details to ensure we are using their services for legal purposes but how the exchange can access our details? Is this available for public access in your country?

They can have access to your details if you send document in them by having KYC not mandatory but you need that if you want high transaction limit for deposit in withdrawal using exchange.

The only persons that can access is the exchange its not public you can read it in their TOS.

ropyu1978

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Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.

Safety way how to buy bitcoin using credit card and paypal as payment method you have looking for some one wanna convert their bitcoin to paypal balance, its easy when you wanna buy bitcoin using paypal fund without have to kyc and submit your face, but you have trusted to seller ofpaypal because not all people wanna accepted paypal as payment way because have risk rule with paypal system.

mersal

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Quote from: tvplus006 on September 15, 2020, 07:05:35 AM

Quote from: mersal on September 15, 2020, 12:18:16 AM

...I don't know how someone can find the details of passport just using the bank account, Do we link our passport while creating a bank account? I didn't until now...

When you receive a payment card, you need to pass KYC in the Bank. This way you can always be identified by your account, as they are always linked to your documents. If you buy bitcoin through a centralized exchange, you can always be identified using payments made using a Bank card.

Ofcourse banks will know our details to ensure we are using their services for legal purposes but how the exchange can access our details? Is this available for public access in your country?

Wind_FURY

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Quote from: tvplus006 on August 27, 2020, 10:59:00 AM

Quote from: Cryptobird on August 26, 2020, 07:34:29 PM

...Do you guys have any idea how to do this.

You need to use P2P, many of which allow you to trade without passing KYC. In this thread you will find a list of services that will help you buy bitcoin without passing verification: https://bitcointalksearch.org/topic/list-of-p2pno-kyc-exchanges-5180421
You will not be able to buy bitcoin on the cryptocurrency exchange for Fiat without passing KYC.

That list is not updated though, but most of the sites should still be KYC-less until now. Please post if anyone sees changes.

OP, your first destination should be BISQ, or anyone, https://bisq.network/

Topic: Buying Bitcoin with no KYC verification - page 3. (Read 1100 times)