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Author Topic: Buying Bitcoin with no KYC verification  (Read 1072 times)
wunderbit
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November 26, 2020, 10:57:47 AM
 #101

buy bitcoin with credit card without verification up to $300
https://wunderbit.co/en/exchange/buy-bitcoin-without-verification
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November 26, 2020, 11:45:04 AM
 #102

With many fraud occurrences in the cryptocurrency world, nowadays almost all platforms require KYC procedures.

Most of the platforms ask for KYC for security purposes, especially that you'll going to use credit cards, business owners
needs  verifications to make sure that you are using your own credit cards.

Quote
And I don't think it's a problem buying Bitcoin with KYC verification, because I feel safe using centralized exchanges
to buy Bitcoin.

It adds confidence to the card owners, centralized exchange do follow rules and regulations as per government requirements.

Quote
If you don't want to buy Bitcoin without KYC verification, do not use a credit card or paypal to buy Bitcoin.

Don't use this service as it will automatically requires you to provide personal information to verify the transactions.

Quote
Because transactions using a credit card or paypal are required to follow KYC procedures. The best way in my opinion to
buy Bitcoin without KYC verification is using peer to peer platforms.

Direct buying, if you know someone who holds crypto and they are willing to accept your credit cards, maybe if they
want to buy something you can cater that in exchange of their crypto assets.

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November 26, 2020, 12:27:45 PM
 #103

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.
If it happens you have Bitcoin ATM in your area then I will highly recommend it. You could also try to purchase via P2P but dealing with strangers will put you at a higher risk, as much as possible make a transaction to trusted members.
And the last thing I've know is through DEX(decentralize exchanges) such as Bisq and more. There are some CEX (centralized exchanges) as well that don't require any KYC but the amount of BTC you can only purchase is below 2 Bitcoin. You could try them as well and they are certainly secure.



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November 26, 2020, 03:03:41 PM
 #104

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.
If it happens you have Bitcoin ATM in your area then I will highly recommend it. You could also try to purchase via P2P but dealing with strangers will put you at a higher risk, as much as possible make a transaction to trusted members.
And the last thing I've know is through DEX(decentralize exchanges) such as Bisq and more. There are some CEX (centralized exchanges) as well that don't require any KYC but the amount of BTC you can only purchase is below 2 Bitcoin. You could try them as well and they are certainly secure.

That could be great if you have a local ATM machine in your area, we also have a bitcoin atm machine but it is about 50KM away from me so I guess, I rather convert my bitcoin in another altcoin such as XRP for me to withdraw it, in our local wallet, you may buy and sell your bitcoin in there, there are 3 levels to choose from, with Level 1 you don't need to pass KYC, but the withdrawal and deposit limit is too low, maybe if you are a big shot trader you need to go for level 3 because it is more convinient.

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November 26, 2020, 04:21:15 PM
 #105

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.
If it happens you have Bitcoin ATM in your area then I will highly recommend it. You could also try to purchase via P2P but dealing with strangers will put you at a higher risk, as much as possible make a transaction to trusted members.
And the last thing I've know is through DEX(decentralize exchanges) such as Bisq and more. There are some CEX (centralized exchanges) as well that don't require any KYC but the amount of BTC you can only purchase is below 2 Bitcoin. You could try them as well and they are certainly secure.

That could be great if you have a local ATM machine in your area, we also have a bitcoin atm machine but it is about 50KM away from me so I guess, I rather convert my bitcoin in another altcoin such as XRP for me to withdraw it, in our local wallet, you may buy and sell your bitcoin in there, there are 3 levels to choose from, with Level 1 you don't need to pass KYC, but the withdrawal and deposit limit is too low, maybe if you are a big shot trader you need to go for level 3 because it is more convinient.
Any exchange have ability for buying and selling bitcoin without process KYC but exactly true with your said the withdrawal and deposit limit is too low because withdrawal fund above 2 BTC if you use Binance as your withdrawing, but if you wanna buy btc on binance by P2P I think you must pass KYC before, I think almost an exchange right now should have to KYC and although available to buy bitcoin you still can't withdraw it until you success submit your ID.  How come if you try to use your family document and you need them to take face picture and ask with their id document upload on Binance, it will be safety.

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November 26, 2020, 04:46:31 PM
 #106

Doing transactions without KYC verification is much more risky. Larger transactions are more likely to be fraudulent. Exchangers also allow limited transactions. Therefore, it is advisable to carry out KYC verification for one's own safety. You can do P2P transactions. This is not KYC verification but you have to face complex problems to find them personally.
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November 26, 2020, 05:40:05 PM
 #107

Doing transactions without KYC verification is much more risky. Larger transactions are more likely to be fraudulent. Exchangers also allow limited transactions. Therefore, it is advisable to carry out KYC verification for one's own safety. You can do P2P transactions. This is not KYC verification but you have to face complex problems to find them personally.

You can easily find seller if we are in bull market but for today market movement I don't think you can easily find it. It's difficult to know what will be the price of Bitcoin and there is chances that it will come muc lower at this point so seller will now think if they will do trade in Person to person or he will sell it directly to exchange so that it doesn't hurt too much when it goes down even more .
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November 28, 2020, 05:37:25 AM
 #108

None exists.

However, if you are willing to buy BTC using methods other than CC or PayPal, I recommend cash-by-mail as that is the best way in terms of anonymity in my opinion.
None exists? Many exchanges don't need KYC when you buy for less than 2 BTC. You want to buy a large amount of BTC isn't too difficult, a lot of sellers in your country, contact them on the forums, appoint an address and buy face to face. I haven't used credit card or paypal to buy bitcoin, so wouldn't advise.
But, to deposit that money you have to verify yourself on exchanges and then only you are allowed to upload fiat via banks. I mean yes the limit is 2BTC but that is for crypto to crypto exchanges like you can buy 2 BTC worth of ETH and withdraw without verification but to deposit fiat they ask you verification mostly as far as I am aware.

Like many said P2P trades are the best option and because of the covid-19 most of the local sellers might not be operating for cash deals but if you can talk to them and the amount is good they surely would be able to arrange a meeting with you and deal.

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November 28, 2020, 08:10:43 AM
 #109

If you wanna use Credit Card to buy BTC on exchange without any ID verification,  i think is impossible, ID verification is to make sure that Credit Card is your own using, it could avoid things like identity theft.
Paypal has never used, so i keep silence.
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November 28, 2020, 08:52:12 AM
 #110

Doing transactions without KYC verification is much more risky. Larger transactions are more likely to be fraudulent. Exchangers also allow limited transactions. Therefore, it is advisable to carry out KYC verification for one's own safety. You can do P2P transactions. This is not KYC verification but you have to face complex problems to find them personally.
You can't buy bitcoins with credit cards in p2p exchanges so the only choice available is to choose the exchange which is even asking for KYC for card purchases when they don't have restrictions for cryptocurrency to cryptocurrency purchase for certain limit.

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November 28, 2020, 02:19:29 PM
 #111

KYC verification can be done to prove the validity there are many people who use other people's names to buy and sell coins and try to hack many good sites arrange kyc verification. Didn't buy Bitcoin without KYC verification PayPal accepts Bitcoin and offers for exchange and arranged kyc with ID verification to know the exact information of the investor. You don't need kyc to buy with a credit card all the information is given here.
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November 28, 2020, 07:37:31 PM
 #112

I can tell from my own personal management that you can search your country because there are many people who buy and sell bitcoin face to face. There is no need for kyc to do that in this form. You can accept Bitcoin with pay paypal but i would advise you to be a good and trust person to do this then there will be no risk. Here you can go currency section then you will found trust more people.

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November 29, 2020, 03:27:03 AM
 #113

I myself have not experienced anything that was asked by the OP, because I myself never wanted to use paypal. because I think there are so many rules, I also believe that you might not be able to use them.

As far as I know credit cards have started to carry out very strict protection, many uses that are not carried out by the haves card. allows you to be difficult to do the transaction.
there are some who might be able to do it, but I myself do not know and cannot provide information for you.

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