Buying Bitcoin without verification is a great option for those who want to protect their privacy. There are two ways to do this: through Bitcoin ATMs and decentralized exchanges.
Paxful is a peer-to-peer exchange that allows you to buy and sell crypto without any ID verification. It also offers a secure payment process and a 1% commission fee.
Cryptocurrency exchange LocalCryptos
LocalCryptos is a peer-to-peer cryptocurrency exchange that allows users to buy and sell bitcoin, Ethereum and other major tokens. Originally launched in 2017, the platform has a strong community and high trading volume.
The LocalCryptos user experience is designed to be simple and secure, making it a great choice for casual traders. It uses end-to-end message encryption, and no third-party trackers are allowed.
In addition, it offers non-custodial wallets that are encrypted in a browser, and private keys never leave the user’s device. This is especially important in these times of privacy wars.
You can buy or sell coins at the LocalCryptos online marketplace using a wide range of payment methods. The exchange supports Wise, PayPal, Advcash, Skrill and Webmoney, among others.
Cryptocurrency exchange Bybit
Bybit is a popular cryptocurrency exchange that supports over 150 different cryptos and altcoins. Buying and selling on the platform is simple, and you can deposit and withdraw your funds through a variety of methods.
The platform also offers a range of features, including APIs, charting tools, and mobile apps. Its fees are among the lowest in the industry, and its VIP level system reduces rates as your 30-day trading volume increases.
To buy Bitcoin on Bybit https://www.bybit.com/en-US/ , first create an account by providing your email address and password. You’ll then be prompted to verify your identity, which will help you avoid fraud and meet national and global anti-money laundering regulations.
After verifying your identity, you’ll be able to purchase BTC with a credit/debit card or bank transfer. Once your payment is received, you’ll be sent a notification that the seller has released the Bitcoin to your P2P wallet. Afterward, you can use the cryptocurrency to pay for goods and services or store it in a Bybit spot.
Cryptocurrency exchange Paxful
Paxful is a peer-to-peer exchange that supports more than 350 payment methods. This makes it easy to buy Bitcoin with a credit card, PayPal or wire transfer.
It also has a strong escrow system, which protects buyers and sellers from scams. Moreover, it offers two-factor authentication to keep your account safe.
Users can choose from various verified traders on the site, and it’s important to check their IDs before trading with them. This will prevent potential scammers from posing as genuine traders and trying to swindle you.
The platform supports a variety of currencies, including USD, GBP, CAD, AUD and EUR. However, it does not offer a larger range of cryptos than some other exchanges.
ATMs
ATMs are an excellent way to buy bitcoin without verifying your identity. However, they are also susceptible to hacking and fraud.
Fortunately, there are several ways to protect your money when using an ATM. One of these is to only use ATMs that are part of your bank’s network.
Another way is to keep your cash safe at home or in a safe deposit box. This can prevent thieves from using a tool called a skimmer to steal your card information.
In addition, many ATMs now use encryption to prevent hackers from accessing your personal details. This is in addition to security measures such as cameras and a physical barrier between you and the machine.
Buying cryptocurrency at an ATM is also a good way to avoid the high fees associated with exchanges. This can help you save a lot of money in the long run.