You can take a look at Bitnovo and its Bitcard (if they still sell the card). You don't need to verify your identity and don't even need to create an account but the problem is that you're limited to 250€ max per card and need a phone number for the SMS activation. Over 250€ you will need to verify your ID or order a new card.
It works only for European citizens and the card costs 25€ by the way. I believe they also still have the Bitsa card with a membership that doesn't need your ID
It might be worth a look.
Topic: Crypto debit card without kyc? - page 2. (Read 689 times)
You can quite happily spend bitcoin at anywhere which accepts bitcoin directly without having to hand out your KYC, but as soon as you want to interact with the fiat monetary system is where things become more complicated.
Unfortunately not all countries allowing people to do transaction with other currencies except their own country's currency.I hear you. I understand how that crypto debit cards works. It is act like an exchange everytime we do transaction with the card. Exchanging our coins to fiat in the current rates. That's why they need kyc.
Is there any crypto debit card provider that can be order without entering kyc? I mean if bitcoin made anonymously, why do we need to expose our identity to spend our bitcoin?
I understand it is requirements from the third party card issuer like Mastercard or Visa. But is there any way or one service like that?
The nature of use is what determines whether the card requires identity verification or not.I understand it is requirements from the third party card issuer like Mastercard or Visa. But is there any way or one service like that?
Most of the purchase related to bank accounts require identity verification, and therefore your identity must be determined because they are governed by money laundering laws.
Services that can be paid with gift cards are those that accept "Crypto debit card without kyc."
The company that issues the debt cards can say they are not asking for identity verification above is what determines whether or not they will ask for the identity.
BTW Bitcoin is Pseudonymous
I mean if bitcoin made anonymously, why do we need to expose our identity to spend our bitcoin?
Bitcoin was never designed to be anonymous, but the reason you need to expose your identity is not because of bitcoin, but because of fiat. You can quite happily spend bitcoin at anywhere which accepts bitcoin directly without having to hand out your KYC, but as soon as you want to interact with the fiat monetary system is where things become more complicated.As far as I am aware, there are no completely legitimate services which offer non-KYC debit or credit cards. Everywhere I have seen which does offer such a product is doing so either illegally, using somebody else's details, etc. The best alternative option is to buy gift cards for the retailer or merchant you are interested in shopping with (List - Gift cards providers), or use your bitcoin to purchase a pre-paid debit card.
You do not need to. You can trade peer to peer on platforms like bisq and hodlhodl; without the need for KYC.
Trading below certain amounts on some centralized exchanges also doesn't require KYC.
No I am mentioning a card that can be use to purchase or pay something in the regular store. Something like binance card.Trading below certain amounts on some centralized exchanges also doesn't require KYC.
Of course there is bunch of dex outside there but that's not what I meant.
Is there any crypto debit card provider that can be order without entering kyc?
I do not know of any such service which does need KYC details. A debit card needs to be linked to an account, where funds can be debited from, could be with a bank or a centralized exchange, which would act as the third party and certain details would become necessary.I mean if bitcoin made anonymously, why do we need to expose our identity to spend our bitcoin?
You do not need to. You can trade peer to peer on platforms like bisq and hodlhodl; without the need for KYC.Trading below certain amounts on some centralized exchanges also doesn't require KYC.
Is there any crypto debit card provider that can be order without entering kyc? I mean if bitcoin made anonymously, why do we need to expose our identity to spend our bitcoin?
I understand it is requirements from the third party card issuer like Mastercard or Visa. But is there any way or one service like that?
I understand it is requirements from the third party card issuer like Mastercard or Visa. But is there any way or one service like that?
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