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Author Topic: Buying Cryptocurrency from Trade Websites without photo ID  (Read 809 times)
SargeR33 (OP)
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December 30, 2014, 05:28:20 AM
 #1

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.

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CryptoTrout
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December 30, 2014, 11:14:39 PM
 #2

If you want to buy cryptocurrencies with Fiat you will run into the Photo verification all over the place.  If you are just trading cryptos, you don't need to complete the verification at Cryptsy.  You can also use Bittrex.com for alts. 

It might be easier for you to buy BTC with fiat then just transfer the BTC to an unverified account at altcoin exchange.  Unless you are buying large amounts of BTC you can use okcoin for that - link in signature. 
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December 30, 2014, 11:43:52 PM
 #3

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.

SargeR33 (OP)
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December 31, 2014, 03:10:32 AM
 #4

Essentially what I am trying to do is get a small portion of altcoins which I believe may have potential. To do this seems to require photo ID. As suggested, I'm fine with being all legit etc but the risk of my data being stolen and misused is a deterrent. People down here in Aus are really trying to rip into people with crypto. One chap is selling 2.5LTC for $70AUD. I have no idea if an elephant fell on his head and he woke up like this but yeah.

I don't want to trade the btc I've mined, I feel that is my personal investment(even though its such a miniscule amount) but I can easily part with $200 to buy a small collection of other coins. I'll check the Alt coins subforum and see what the go is there.

Crypsty looks great but to buy anything off there using dollars requires photo ID.

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December 31, 2014, 03:23:02 AM
 #5

localbitcoins with perfectmoney/egopay worked fine in the past for me. None of those websites require your real information to register and use them. You can also use prepaid cards in localbitcoins.

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