Post
Topic
Board Trading Discussion
Re: Buying Bitcoin with no KYC verification
by
Oneandpure
on 26/11/2020, 16:21:15 UTC
Hi guys, I'm looking for a safe way to buy Bitcoin or any Altcoin with USD (Fiat) using Credit Card or Paypal without any ID verification. Do you guys have any idea how to do this.
If it happens you have Bitcoin ATM in your area then I will highly recommend it. You could also try to purchase via P2P but dealing with strangers will put you at a higher risk, as much as possible make a transaction to trusted members.
And the last thing I've know is through DEX(decentralize exchanges) such as Bisq and more. There are some CEX (centralized exchanges) as well that don't require any KYC but the amount of BTC you can only purchase is below 2 Bitcoin. You could try them as well and they are certainly secure.

That could be great if you have a local ATM machine in your area, we also have a bitcoin atm machine but it is about 50KM away from me so I guess, I rather convert my bitcoin in another altcoin such as XRP for me to withdraw it, in our local wallet, you may buy and sell your bitcoin in there, there are 3 levels to choose from, with Level 1 you don't need to pass KYC, but the withdrawal and deposit limit is too low, maybe if you are a big shot trader you need to go for level 3 because it is more convinient.
Any exchange have ability for buying and selling bitcoin without process KYC but exactly true with your said the withdrawal and deposit limit is too low because withdrawal fund above 2 BTC if you use Binance as your withdrawing, but if you wanna buy btc on binance by P2P I think you must pass KYC before, I think almost an exchange right now should have to KYC and although available to buy bitcoin you still can't withdraw it until you success submit your ID.  How come if you try to use your family document and you need them to take face picture and ask with their id document upload on Binance, it will be safety.