Recommended non KYC fiat on ramp(s) - "whitelisted" by tradfi banks

[Iris65]

Hi!

This has probably been asked many times before but I haven't been able to find it. I'm looking for a "non kyc on ramp" which is/looks legit in the eyes of the tradfi banking world making it possible to use credit cards/sepa transfers to them *without* being asked 10+ questions as of "Why are you doing this transfer to X?". This "on ramp" could then provide the means to buy crypto and/or issue credit cards which could be used for crypto purchases. It's hard for me to clearly explain what I'm looking for but I hope somebody well versed on these matters would be able to decipher my mumbo jumbo and point me in the right direction.

I fully understand that the connection between the bank and on ramp service will not be anonymous but I'm extremely tired of getting these questions all the time...

Many thanks in advance!

[joniboini]

Maybe you can describe more about what you need. Is it only to transfer crypto, buy crypto with fiat, and use credit cards with crypto without KYC? At first glance, it sounds like you're looking for a prepaid debit card provider that allows non-KYC users. What do you mean by tradfi by the way? Is it traditional finance? As far as my experience goes, my bank never blocked or questioned any crypto-related activities from a non-KYC crypto platform. So there might be a banking issue if every transaction is flagged by your banks regardless of what app/platform you use. CMIIW.

[adaseb]

Pretty sure if you are going to be funding from a bank account in any way you need to KYC, there is no way around this. It’s mostly for the exchanges protection so some thieves don’t end up using someone else’s bank account to buy crypto and then withdraw this crypto.

If you want non KYC then use a bitcoin atm or just do p2p. However this will be difficult if you want to do large sums but there are no other ways around this unfortunately.

[hugeblack]

It is difficult to find a service that does not accept identity verification and has activity with banking systems, and even existing ones may be able to do this through some banking loopholes, but once the platform grows and has a large user base, identity verification procedures are necessary, so if you are looking Regarding services or companies that offer Visa or MasterCard cards, you may find these services, but the fees will be large. The limits are less than 10 thousand, and there is a possibility that they will stop at any time, and the only card that currently works is Enzo Pay (it may change over time). As for buying Bitcoin Using these cards, try your luck with the platforms on bestchange

[Tytanowy Janusz]

Unfortunately, there is no (or I personally do not know of) a trusted regulated centralized entity conducting financial activities (accepting fiat) without KYC and AML. The only solution I see for you is ATM and cash or finding a P2P trade. Maybe even here on forum.

[tbct_mt2]

Unfortunately, there is no (or I personally do not know of) a trusted regulated centralized entity conducting financial activities (accepting fiat) without KYC and AML.

They have to make sure their business services don't break any AML rules in their nation and continent like in the Europe, they likely will be governed by European Union law together with their national laws and regulations.

The only solution I see for you is ATM and cash or finding a P2P trade. Maybe even here on forum.

Maybe you did not imply about Bitcoin ATMs that charge very expensive trading fees and I don't recommend people to use Bitcoin ATMs if they can have other options and access to Bitcoin.

In some nations, Bitcoin ATMs don't mean KYC free so it's one more reason to not consider using Bitcoin ATM as a first option.

[Lakai01]

I'm looking for a "non kyc on ramp" which is/looks legit in the eyes of the tradfi banking world making it possible to use credit cards/sepa transfers to them *without* being asked 10+ questions as of "Why are you doing this transfer to X?".
-snip-

I'm afraid I'm going to have to disappoint you here. Personally, I would no longer be aware of any way of putting larger amounts into circulation without KYC.

The emphasis here is on "larger amounts". I don't know where you live, but there are bitcoin ATMs in Germany, for example, where you can buy BTC for cash without KYC up to a limit of around 500€. You can then use these BTC to transfer them to exchanges or to buy vouchers, prepaid cards and so on.

However, when converting the cryptos to FIAT and cashing them out, you will probably be confronted with similar questions again. Therefore, you should keep the deposit receipts of the ATMs very well.

[Yamane_Keto]

 a while ago that there was an exchange that had gems or tokens inside it, and you buy these tokens with Bitcoin and sell them for a PayPay balance or send them to your credit card, but this no longer exists, so all you will get are deals outside of trading, which may be done via cash, write How much Bitcoin you want to buy and agree to meet in a public place or search for people on Binance p2p.
You can find some of these services, but they will be based on privacy and require trust, as they can deceive you at any time or freeze your account, so it is difficult to find a reliable service that has a long history in these activities.

[rat03gopoh]

You said tradfi banks?
The customer's identity is the only identifier of ownership of funds in their bank account in their system, a new account number is generated after a new identity is registered which then becomes a pair like a pubkey and wallet address. So it is impossible for credit/debit cards to be made without identity or to obscure identity if they see their preference as the most law-abiding financial service.

[Tytanowy Janusz]

Maybe you did not imply about Bitcoin ATMs that charge very expensive trading fees and I don't recommend people to use Bitcoin ATMs if they can have other options and access to Bitcoin.

I'm not talking about trading using ATMs, because the buy/sell spread is 5-10%. But we are talking about non KYC fiat on ramp, not a trading platform, and in this category there is probably no alternative to P2P or ATMs. Please provide a better alternative if you think there is one.

In some nations, Bitcoin ATMs don't mean KYC free

Good point.

[Hamza2424]

It is difficult to find a service that does not accept identity verification and has activity with banking systems, and even existing ones may be able to do this through some banking loopholes, but once the platform grows and has a large user base, identity verification procedures are necessary,

By the time the platform grows, to proceed further and avoid any sort of legal action they mostly change their working policies such as additional terms & conditions with identity verification etc, etc. At the initial times, it's hard for the users to trust the new platforms but with the passage of time, they prove themselves reliable their change in the policies makes it unreliable for most of the users again.

Still, some people compromise with their identity.

[soaibkhan7]

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