Hey all,
Now are there any legitimate websites I can use to buy Cryptocurrencies online(not only bitcoin) without needing to verify with photo identification etc? I have nothing to hide but at the same time I do not trust sending a photo of my drivers license, plus a photo of my self with a document infront of me to any source online. They say its to protect against fraud and identify theft but in the wrong hands, someone who has these photos and information can pull off some huge scams. I want to visit a website, drop in some dollars from my account and do some trading.
I really like the look of Crypsty but again do not and will not trust sending such sensitive information online. These if you lose your wallet and someone finds it, all they need is a bill from your mailbox and they can perform huge amounts of fraud under your name. Why should I trust sending it to some online source? How can I trust my information is secure? Sure maybe the website is safe but any protections can be broken and cryptocurrency is a high target for hackers.
I am from Australia and would like to do some small purchases of currencies online.
Well, I don't think you need to reveal your identity to buy other cryptocurrency other than bitcoin.
However, to buy bitcoin instead of using an exchange site, you can use sites like localbitcoins, or trade them for something on the forum.
This way you won't have to reveal your identity.