How to Buy Bitcoin Without an ID in 2022
In a time where data breaches that leak personal information online have become commonplace, buying bitcoin (BTC) without having to complete an ID verification process is probably a good idea.
Read on to discover four ways to buy bitcoin without an ID.
Arguably the easiest way to buy bitcoin without ID verification is to use a Bitcoin ATM (BTM) and buy an amount under the ID verification limit. While some BTMs require ID verification for all transactions, most allow you to make purchases without the know your customer (KYC) check provided you remain under a certain threshold.
According to CoinATMRadar, there are over 34,000 Bitcoin ATMs scattered across 77 countries. So chances are that there will be a BTM in your city or a city near you.
To buy bitcoin using a Bitcoin ATM, you will first need to withdraw the cash you want to turn into bitcoin at your bank or a fiat currency ATM. You will also need a Bitcoin wallet to receive your purchased coins. Next, you go to a Bitcoin ATM and type in the amount of BTC you want to buy, and put in the cash. Finally, you will need to let the machine scan your wallet’s QR code to receive your coins.
Please note that the exact process of buying bitcoin via a Bitcoin ATM may vary from machine to machine. As long as you stay under the KYC limit, however, you should be able to purchase bitcoin without ID verification (unless there are clear regulations against no-KYC bitcoin purchases in your jurisdiction).
If there are no Bitcoin ATMs in your area or you prefer not to buy your bitcoin physically, no-KYC Bitcoin apps would be another option.
While most leading global crypto exchanges implemented KYC procedures to identify their users, numerous no-KYC, Bitcoin-only apps emerged to provide a simple,
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