Topic: Can you buy Bitcoin and Alts without Identification? (Read 325 times)

It is possible to buy bitcoin or altcoins without identification. It all depends on the platform you use if they ask KYC or not. There are some platforms out there that let you buy what cryptocurrency you want. One of the way to buy crypto is through buying bitcoin from another person who own some bitcoin and altcoins but it is risky though but you can also do the same but safety by using a service called escrow and it may cost you some money for the service.

Some of the platform today does not require too much KYC if you are just a person that does not have a trade for over two bitcoin per day. Some of the exchange platforms does not require KYC for their security is the yobit exchange ( personally in my opinion they have a bad customer service, this is just for an example ) their platform does not require information about users you can also use any kind of user name and email if you want but still, you can buy bitcoins and altcoins. OP already listed some of the platforms you can buy a lot of coins if you want but does require a KYC but on my country today does not have any kind of bitcoin atm instead we are supporting the use of having exchange like the Binance, coinbase, and coins.ph those trading and exchange platform requires us a KYC to make sure that all of the transactions are recorded to their users to easily identified the transactions not only the address.


Sometimes there are still people taking advantage of the P2P transactions but still it depends on the person if they already trusted the person still it is now handled by the buyer and seller. In some places over the world they have a place that is secured and the people can trade their items even coins if they want because it is monitored all around by CCTV.

On most exchanges you can buy alts-btc without kyc, it's just that they put limit on how much. I would rather use the already established exchanges rather than p2p where you aren't sure who you are dealing with, and Bitcoin ATMs have limited reach.

thx man
I checked it, and there are none close to me

If you are in the United States, then this site seems to be able to help you find the position of a bitcoin ATM. You can also find bitcoin ATMs in various countries as listed on the site.
https://coinatmradar.com/country/226/bitcoin-atm-united-states/

There are no btc atms near me believe me, I have tried looking for them on Google Maps
I don't like doing KYC, just want a quick convenient transaction

Bitcoin ATMs are not available in every country but local crypto is available globally. I prefer using it than any other listed here. Local Bitcoin was good until they started asking KYC. Nowadays it is getting harder to get Bitcoin without KYC.

Their is no need to do KYC for buying btc. You can directly buy btc from debit card or from your bank account. Many exchanges are offering this services. Binance also offer to buy btc through you bank account even you don't need to do KYC. Their is some limitations like maximum 1k 2k worth of btc you can buy without KYC but i dont think so it's take any problem to buy it. Also their are so many other way you can buy like from friends who own bitcoin or peer to peer service. So it's not a big deal.

You might want to check Bitcoin atms around you. Or use debit/credit card to buy bitcoin. Might as well register on some websites like Advcash which supports fiat to buy bitcoin and also can give you a bitcoin debit card. But as always, you'll have to do some KYC.

Pretty sure registration for this kind of service is not that difficult as long as you don't mind some KYC. Or did you not have any bank accounts, debit card or something like that? If that's what happens, then doing face to face transaction is probably your alternative.

Yes there is but with risk attached. If you want to buy bitcoin with me, just send the payment to my wallet first before i can send you the btc you bought. See simple but risky

I see, , i dont have any other method of buying though

ok, thx i will check this out

the problem with PayPal is that it is super easy to scam people with its simple charge-back option. and in the past there has been a lot of scams using this method and it works because bitcoin transactions are irreversible unlike PayPal transaction. so you won't find anybody legitimate who would trade with you without a tremendous amount of trust which in case of platforms comes with verification.

Exchanging BTC to Paypal USD is quite hard without being verified. However, try checking out all the platforms in this link: https://www.bestchange.com/bitcoin-to-paypal-usd.html. Be sure to read the terms and conditions of each of them. Maybe you could get those that do not require verification.

If still there is no solution, check the currency exchange board for people exchanging BTC for paypal. Use only trusted members and escrow services for transactions

Is there a website where I can buy BTC with paypal (not verified) in the US without ID?
thanks

Maybe it's not yet popular for some countries yet but the number of traders who have been joining it from my Country has surely grown ever since Localbitcoins decided to act bitchy.

I remember them from 2018. Back then they were still called LocalEthereum and only traded in Ether, there were barely any traders from my country using it too and the spread was so ridiculous.

No need for sarcasm...

many people still do not know what it is KYC and what it entails....

Some ATMs do require identification but most of them are largely anonymous.

I think its still the easiest and fast and safe way to make a sale or purchase.

It is not popular or known to many people. I just checked buyer/sellers from my local and I found very low amount of traders from my local there, also their offers are too high from the market or too low from the market.

There is also a problem in buying of Bitcoin on some Bitcoin ATMs, since the spread of buying price and selling price here is far different, which is extremely far different on the real price of Bitcoin in some exchanges, but I think this is one of the ways that Bitcoin ATMs can earn money or make profits. And also I think there is some limit in buying Bitcoin in Bitcoin ATMs like there is a minimum limit or maximum limit you can buy.

Under the P2P trading platforms you missed out one of the fastest growing P2P trading platforms, that's localcryptos. After getting disappointed with localbitcoins, most traders who did not want to perform KYC procedures decided to switch over to it among other platforms.