What is the best platform for quickly purchasing bitcoin?

[smoothpebble]

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees? I have been using Coinbase for years now but I am finally fed up with their convoluted terms, long waiting periods (that they barely even forewarn you about), giant transaction fees, and their seemingly random decisions to block my transactions or “freeze them for further review” that last days to weeks at a time.

I tried to make a moderately large transaction the other day and there was simply no way to get it done. I was tying to buy $600 worth of bitcoin and Coinbase told me the “transaction cannot be completed because of suspicious activity,” despite the fact that I was using the same completely verified account on the same IP address I’ve been using for years. I tried again later about ten times and received the same message every time. What are some alternatives that won’t put me through all of this? Preferably an alternative where I can quickly buy and send btc via my bank account or debit card. Security and verification processes don’t have to be great because I won’t be holding any coins on the site’s account. Thank you for any help provided.

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[logfiles]

Here is a list of Non KYC trading platforms that you might find useful

• List of P2P/no-KYC exchanges
  

And then there is also a newer list of P2P platforms

• Help: A list of LocalBitcoin alternatives (P2P marketplaces)

[BitMaxz]

I just want to add this to the above suggestion.

If you want to buy bitcoin without KYC, the other option is to buy Bitcoins directly on Bitcoin ATMs.

The fees maybe around 8.93%(According to Google). This doesn't need any verification to buy bitcoins.
And this is the only fastest way if you are near on Bitcoin ATMs.

Use this https://coinatmradar.com/
To find Bitcoin ATMs near your area.

[jackg]

I'm guessing you're from the US and I think (as far as I can tell) banking transactions are pretty slow there? If not you could try using a form of faster payments with coinbase pro (Pro.coinbase.com) using your normal account. I haven't received any problems with suspicious activity blocks or similar (not sure why).

Atms or some non kyc exchanges are probably a good second bet but sites like bisq limit you to $250 deposit until your account has grown afaik.

[davis196]

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees? I have been using Coinbase for years now but I am finally fed up with their convoluted terms, long waiting periods (that they barely even forewarn you about), giant transaction fees, and their seemingly random decisions to block my transactions or “freeze them for further review” that last days to weeks at a time.

I tried to make a moderately large transaction the other day and there was simply no way to get it done. I was tying to buy $600 worth of bitcoin and Coinbase told me the “transaction cannot be completed because of suspicious activity,” despite the fact that I was using the same completely verified account on the same IP address I’ve been using for years. I tried again later about ten times and received the same message every time. What are some alternatives that won’t put me through all of this? Preferably an alternative where I can quickly buy and send btc via my bank account or debit card. Security and verification processes don’t have to be great because I won’t be holding any coins on the site’s account. Thank you for any help provided.

Just Google "top 10 websites to buy Bitcoin".I don't believe that many people here will give you answers that are way different than the search results of the big G.There's no secret "magic" crypto trading platform that is going to offer you no KYC,low fees,fast transactions and great customer support.If some platform is promising all this stuff,it's 99,99% a scam.If something is too good to be true,it most likely is...
A few suggestions are Binance,Coinmama,Bitpanda,eToro and CEX...
I don't think that your experience with the above mentioned websites is going to be even slightly better compared with Coinbase.You will have to face the same BS everywhere.KYC,high fees,waiting to receive BTC...

[mersal]

If you are going to purchase the bitcoin with fiat money then p2p is the faster and low expensive way to buy. I prefer localbitcoin whenever I want to buy bitcoin with fiat because where I have trading activity so I can make advertisement for my desired price with current market value but for someone who don't want to complete KYC is is possible to trade upto 1000 euros per year, but with simple ID verification you can increase that into 20K euros.

[logfiles]

If you are going to purchase the bitcoin with fiat money then p2p is the faster and low expensive way to buy. I prefer localbitcoin whenever I want to buy bitcoin with fiat because where I have trading activity so I can make advertisement for my desired price with current market value but for someone who don't want to complete KYC is is possible to trade upto 1000 euros per year, but with simple ID verification you can increase that into 20K euros.

OP doesn't want to perform any KYC verification so Localbitcoins is a bad choice from him. 1000 euros per year is so low. Maybe he can look into the links alternatives I gave him. Localcyptos for example is also becoming popular ever since local bitcoins tightened their KYC demands.

[Zionatin]

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees? I have been using Coinbase for years now but I am finally fed up with their convoluted terms, long waiting periods (that they barely even forewarn you about), giant transaction fees, and their seemingly random decisions to block my transactions or “freeze them for further review” that last days to weeks at a time.

I tried to make a moderately large transaction the other day and there was simply no way to get it done. I was tying to buy $600 worth of bitcoin and Coinbase told me the “transaction cannot be completed because of suspicious activity,” despite the fact that I was using the same completely verified account on the same IP address I’ve been using for years. I tried again later about ten times and received the same message every time. What are some alternatives that won’t put me through all of this? Preferably an alternative where I can quickly buy and send btc via my bank account or debit card. Security and verification processes don’t have to be great because I won’t be holding any coins on the site’s account. Thank you for any help provided.

Just Google "top 10 websites to buy Bitcoin".I don't believe that many people here will give you answers that are way different than the search results of the big G.There's no secret "magic" crypto trading platform that is going to offer you no KYC,low fees,fast transactions and great customer support.If some platform is promising all this stuff,it's 99,99% a scam.If something is too good to be true,it most likely is...
A few suggestions are Binance,Coinmama,Bitpanda,eToro and CEX...
I don't think that your experience with the above mentioned websites is going to be even slightly better compared with Coinbase.You will have to face the same BS everywhere.KYC,high fees,waiting to receive BTC...

Ya well, you guys won't protect your privacy and just hand out your KYC info. This is what happens when you tell a total stranger exactly where you live. According to you, you should give me your KYC if I open an exchange.
Anyone can open exchange and according to you, we must let the world know who we are else we have something to hide? Do we know the paxful owners KYC? Didn't think so.

KYC is a method to hold your funds hostage. Funny how they will take deposits without  KYC but not withdraws. Sounds like the way criminals work to me.

Funny how you talk about scams when the exchanges you mentioned are scams. Asking for your KYC before releasing your funds. How criminal.

Btw there are many many ways to get bitcoin without KYC. Too bad it seems you guys have the same brain wave that only thinks one simple thought at a time.

You can very easily fill other fiat accounts with money then buy bitcoin with it using one of like 50 places to trade. Infact the signature you wearing has many places to trade. WOw you don't even know anything about bestchange yet you wear their signature.

[sheenshane]

Almost all centralized exchanges are now implementing this KYC/AML, it's an international practice to all and this also might help to combat the money laundering. If you ready for that, Bitcoin purchasing is very fast and reliable. Just try to visit my signature if you want to buy/purchase Bitcoin using your fiat through a bank account or any ATM bank account.

On the other hand, if you really don't want KYC and if you're concerned is your privacy. Choose the ATM machine but I can't guarantee lower fees because AFAIK purchasing Bitcoin through ATM is quite high. There is also called decentralized exchange like Binance DEX. Or followed as suggested above for the list of P2P exchange.

[mersal]

If you are going to purchase the bitcoin with fiat money then p2p is the faster and low expensive way to buy. I prefer localbitcoin whenever I want to buy bitcoin with fiat because where I have trading activity so I can make advertisement for my desired price with current market value but for someone who don't want to complete KYC is is possible to trade upto 1000 euros per year, but with simple ID verification you can increase that into 20K euros.

OP doesn't want to perform any KYC verification so Localbitcoins is a bad choice from him. 1000 euros per year is so low. Maybe he can look into the links alternatives I gave him. Localcyptos for example is also becoming popular ever since local bitcoins tightened their KYC demands.

It seems OP is okay to accept the KYC but not so much intensive, that is why I suggested him to do tier 1 verification which just needs ID not much details, only tier 2 and tier 3 verification needs more documents.Localcryptos is good alternative in terms of security but if there is no KYC system then there maybe lot of scamers waiting to trade with you from hacked bank accounts which can be a big burden in later.

[Jawhead999]

It seems OP wanted best of the best platform to buy bitcoin, while each platform have pros and cons subject. Here I'll show it

Centralized exchanges (e.g. Binance, Coinbase):
1. Fast
2. Require KYC
3. Low fees

Decentralized exchanges (e.g. bisq, hodl hodl):
1. Slow
2. No KYC
3. Medium fees (not low and not high)

Bitcoin ATMs:
1. Fast
2. No KYC
3. High fees (average 8%-10%)

IMO its impossible to find fast, no kyc, and low fees platform because until now I still don't find it.

[slaman29]

Where are you located? You mentioned Coinbase so I have to assume you are in the US, in which case many of the suggestions if not all I could provide won't work for you. But I think for Americans Square app is fast, and you can also try Gemini, but I doubt they are much faster than Coinbase. Bitcoin ATMs as suggested above seem the best.

[Shimmiry]

What is the best platform for purchasing bitcoin quickly, without a long verification process, and with relatively low fees?

If you want to buy bitcoin quicker, you might want to consider buying them on decentralized exchanges.
Much faster since you they won't require your identity.
There are also exchanges that passing KYCs are optional, but they are centralized,  still you can easily buy and sell bitcoins there, also for other cryptocurrencies.
 

[minairia3]

Decentralized exchanges (e.g. bisq, hodl hodl):
1. Slow
2. No KYC
3. Medium fees (not low and not high)

Hello does if this exchange does not need kyc then how could he buy bitcoin? I mean does this include fiat supported or only can buy crypto to crypto? I just curious about this exchange, if it included a fiat gateway then this is the first time hearing a decentralized platform that were able to do that.

How about on your local place OP? Im sure there are establishment there that you can buy crypto using your fiat money.

[CucakRowo]

-snip-

Usually buy crypto for crypto & withdraw in crypto. When withdraw in fiat or deposit in fiat, some derivative exchanges not applying kyc, but you will be subject to a daily maximum withdrawal limit.
Example : https://help.ftx.com/hc/en-us/articles/360027668192-Individual-Account-KYC

For OP, these list can be considered : https://www.coingecko.com/en/exchanges

[bitgolden]

If you want to buy bitcoin with fiat currency sending it from your own bank account... you should use dex? How the hell would that work? Dex do not have bank accounts. Use coinbase if you are in USA, it is by far the best out there ever. If you are in another nation check if you have any trustworthy local website that does the same thing, you would be able to do it easily there as well.

At the very very worst case you could use localbitcoins, it is a place where people exchange crypto and fiat between each other. However the websites that are like coinbase in every nation is by far superior, they are evolving into bigger and better places that you could exchange a lot more crypto and have bigger volumes, in our nation things are not even comparable to 2017 peak times nowadays.

[GreatArkansas]

(...)
Preferably an alternative where I can quickly buy and send btc via my bank account or debit card. Security and verification processes don’t have to be great because I won’t be holding any coins on the site’s account. Thank you for any help provided.

I am really not a fan of Coinbase, maybe if you are from Asian countries, there are lot of alternative exchanges for that.
Speaking of an alternative, you should first identify which country are you from, because maybe if we suggest a lot of exchange and the country you are from is not supported of that exchange.
So, I for now I am suggesting you to try to check out BestChange, since you are planning to use your bank account or debit/credit card. There are lot of exchanges listed on BestChange, there are also lot of different exchange rates.

[TitanGEL]

Im using coinbase but I did not tried to purchasing bitcoin to that wallet because it will not allowed to my country.
We are using coins.ph base on the Philippines which is really good to use to buy bitcoin there is a lot of deposit option.
There is a lot of wallet that you can use to buying a bitcoin make sure you choose a low fees.

In terms of using coins.ph, the good thing is; it is convenient and easy to use but the bad thing is the fees that are really expensive. I do not recommend purchasing bitcoin through coins if we sre talking about large amount of money because you will experience immediately loss just because of fees. But if the money is not that big then I can considered using coins.ph as good because it is less hassle than using exchanges where you need to fill up, verify and also a lot of transactions.

[minairia3]

Usually buy crypto for crypto & withdraw in crypto.

So this has no different on some dex offering bitcoin dex. Ive asked it cause there is a chance OP probably gonna buy through fiat so his last resort would still fall on registering on cex like binance.

Im also looking for a good platform that dont asked kyc but were able to buy bitcoin but I think its gonna be next to impossible for now. If ever someone got any ideas or platform that allows this then Im gonna be interested. But the most way Im thinking is only p2p for anyone selling crypto.

[tbterryboy]

If you are going to purchase the bitcoin with fiat money then p2p is the faster and low expensive way to buy. I prefer localbitcoin whenever I want to buy bitcoin with fiat because where I have trading activity so I can make advertisement for my desired price with current market value but for someone who don't want to complete KYC is is possible to trade upto 1000 euros per year, but with simple ID verification you can increase that into 20K euros.

The problem with platforms like localbitcoins is that you are often asked for ID verification from the buyer/seller himself and while I feel safe to provide my identity to LBC since they are a established and polished platform but I never feel the same confidence giving out my identity to the sellers out there because they can always misuse and misplace my identity and even when they don't do that they can always sell the data they collect during trading and make money off it.

I always feel we should rather go for Binance or exchanges like that because they do allow you to buy bitcoins with credit card and being such a massive company they would never even think of selling your data.