Need trusted Exchange to buy bitcoin with credit/debit card without KYC.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: The Cryptovator on December 17, 2019, 11:54:20 PM

Sometimes some user ask me to buy Bitcoin with credit/debit card. So I am looking for answers here for legit and trusted exchange who are not asking for KYC verification. I know there is some exchange like Coinbase & Binance, but there is lots of formalities & limitations.

Poloniex just reintroduced unverified accounts. According to their support article, you can buy bitcoins with credit cards using a Tier 1 account. It's not clear what limits are in place now, though.

figmentofmyass

legendary

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Merit: 1483

Quote from: The Cryptovator on December 18, 2019, 11:04:14 AM

Actually the problem isn't just with KYC. Someone try to bulk amount bitcoin through his card, he tried Coinabse and Bitcoin dot com. Even that guy verify KYC but there is fucking limits and so many drama. Then I suggest for Binance, he verified everything there and try to buy bitcoin. They were locked account even for 200$, they ask again to submit passport. So account has been unlocked after submit passport again. That's the reason that guy worry because he need huge (likely 10BTC] amount bitcoin. He don't like so many drama even after verify KYC. He like straight way.

To be honest I were also not aware that buy bitcoin with credit card is too much complicated.

credit card fraud is rampant. exchanges prevent it with invasive KYC verification and very high fees---not only upfront fees like 3.5% at binance and 5% at bitstamp (+ cash advance fees from the card issuer) but also hidden fees in the form of a price spread.

i would say he should avoid using credit cards at all. at those volumes, he is gonna deal with lots of headaches for trying. if he's gonna use a centralized exchange anyway, it's much more convenient to use SEPA, bank wire, ACH. he'll get way more bitcoins for his money without those fees too.

drlukacs

sr. member

Activity: 854

Merit: 253

l0tt0.com

So far I have only used large exchanges to make purchases. because when things go wrong, everything will be fixed as soon as possible and we don't have to worry too much about our money. If you are not too worried about the above issues, you can visit Bisq. There they offer crypto P2P and fee trading service which is quite high but also high risk. of course I tried trading there and you should be assured of your experience.

The Cryptovator

legendary

Activity: 2394

Merit: 2223

Signature space for rent

Quote from: OmegaStarScream on December 18, 2019, 08:09:49 AM

If the KYC is a problem with bitcoin-related services only, then I would suggest you to use Neteller, Payoneer, or Paysera (these credit card providers offer card-to-card transfers so trading with individuals would be possible) you could then use decentralized P2P platforms like Holdhodl, Bisq or LocalCryptos to buy the BTC.

Actually the problem isn't just with KYC. Someone try to bulk amount bitcoin through his card, he tried Coinabse and Bitcoin dot com. Even that guy verify KYC but there is fucking limits and so many drama. Then I suggest for Binance, he verified everything there and try to buy bitcoin. They were locked account even for 200$, they ask again to submit passport. So account has been unlocked after submit passport again. That's the reason that guy worry because he need huge (likely 10BTC] amount bitcoin. He don't like so many drama even after verify KYC. He like straight way.

To be honest I were also not aware that buy bitcoin with credit card is too much complicated. Because buy sell from my native country is very easy. I can't also help him since my bank will ask me if received huge amounts. So need something to solve issue.

OmegaStarScream

staff

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Merit: 6152

The only available option right now (I know, because I've been looking for the same thing before) is VirWox (90 EUR per day unless your account is few months old) but the exchange will be shutting down in 6th of January.

If the KYC is a problem with bitcoin-related services only, then I would suggest you to use Neteller, Payoneer, or Paysera (these credit card providers offer card-to-card transfers so trading with individuals would be possible) you could then use decentralized P2P platforms like Holdhodl, Bisq or LocalCryptos to buy the BTC.

The Cryptovator

legendary

Activity: 2394

Merit: 2223

Signature space for rent

Sometimes some user ask me to buy Bitcoin with credit/debit card. So I am looking for answers here for legit and trusted exchange who are not asking for KYC verification. I know there is some exchange like Coinbase & Binance, but there is lots of formalities & limitations. It's quite annoying for some new bitcoin users. Their opinion is quite reasonable, why should need submit KYC for buy bitcoin since we are going to start journey with a decentralized currency?

If you know any trusted exchange that not required KYC and limit is quite high then feel free to share. It would help some other users as well and I might show this thread who need such as exchange.

Please don't spam if you don't have idea about such as exchange. And don't provide any exchange link if you are not sure that they are trusted enough.

Topic: Need trusted Exchange to buy bitcoin with credit/debit card without KYC. (Read 211 times)