Many people fear giving out personal information to the cryptocurrency exchanges for various reasons. And in fact many people today buy bitcoin without verification in the exchanges that allow you to do so.
It definitely wouldn’t matter if there wasn’t any ban on cryptocurrency in a few countries. Majority of the people who buy bitcoin without verification are from countries where bitcoin and other cryptocurrencies are banned.
The problem here is that they have a misunderstanding about the entire situation. And without understanding what bitcoin ban means in their country, they begin to develop up a belief that buying bitcoin is a crime.
This is entirely false. I’d rather not talk about the bitcoin ban situation completely in this article. But I do recommend you to read a few of the article linked below to clear the basic doubts you have about bitcoin ban and the reason why you should buy bitcoin without verification.
Another thing that I would like to clear in this topic is that many people think that buying bitcoin with a PayPal account is not possible. But, to be honest there are a number of cryptocurrency exchanges which will let you buy bitcoin using your PayPal account.
Being able to buy bitcoin with a PayPal account is in itself a huge benefit. Because in many countries you cannot but bitcoin directly with your debit/credit card or a bank account in the cryptocurrency exchanges. In this case, PayPal account will be very beneficial to make purchases.
How to buy Bitcoin without verification
There are a few exchanges and websites which will provide you the privilege of being able to buy Bitcoin without verification.
There might be an email registration involved before you can make any purchases. If you come across email registrations, and if you are not willing to provide your personal email. In this case, you can create a new temporary email just for the sake of buying bitcoins.
Do note that you keep the temporary email address noted somewhere so that you don’t lose your access to the cryptocurrency exchange. Apart from email registration, you’ll not require any other information or KYC to enter in these exchanges.
5 best exchanges to buy Bitcoin without verification
LocalBitcoins is my favorite amongst all because of its reliability and because it provides services worldwide. LocalBitcoins is a p2p website which lets sellers meet buyers in any specific region. The user interface is very decent and neat and you’ll have no trouble buying your bitcoins for the first time.
You’ll simply need to enter the number of bitcoins you want to buy and enter your location, then hit the search button. Instantly you’ll see a list of sellers located in your region. You simply select the seller of your choice, make the transactions and instantly you’ll receive your bitcoins.
Note: Make sure you check the seller’s profile to see how reliable the person is and how many sales the person has made so far to ensure authenticity.
Coinmama is a cryptocurrency exchange wherein you can buy any cryptocurrency of your choice. The fact that there is no verification involved makes it best with a few extra features. This exchange supports a number of countries worldwide and there won’t be any issue for you to use this exchange.
Coinmama also has various payment methods such as debit/credit card, wire-transfer to name a few. Another benefit of using coinmama would be, they allow you to buy in huge limits. The daily transaction limit is from $5,000 worth of bitcoins and about $20,000 worth of bitcoins in a single month.
Changelly is one of the best and the top exchange in the US and Europe. This exchange has plenty of loyal customers who choose to buy cryptocurrency using changelly. The user interface is very decent and easy to navigate. You’ll have no trouble making purchases using changelly.
You’ll need to register to this exchange using your email address. If you aren’t comfortable providing your personal email, then you can create a new one just to register and buy from changelly.
ShapeShift is an exchange where you can buy bitcoins and other altcoins. They do provide support for a few countries, and if you live among the countries they provide support for. Then shapeshift is quite good for you to buy bitcoin without verification. The user interface is very minimal and there’s nothing fancy to confuse you while you navigate inside this exchange.
Paxful is a p2p website just like localbitcoins. It has grown widely in just a short period of time and has gained a huge list of people who choose Paxful to buy and sell cryptocurrency.
The best feature that drew my attention towards paxful is that it supports more than 300 ways to pay for bitcoins. There are a few other features as well which makes this website a distinct one amongst other cryptocurrency exchanges.
You just need to select the mode of payment and the number of bitcoins you want to buy. Once done just hit on “buy bitcoins now” and instantly you’ll receive your bitcoins in your wallet.
I’ve mentioned the 5 easiest ways to buy bitcoin without verification. And you can simply choose any particular one that you like. All of the 5 mentioned exchanges are trusted by thousands of people and the exchanges do provide some amazing security feature to keep theft and frauds away.
The exchanges contribute support to almost all countries. And I assume there won’t be any difficulty for you to use them. It’s always a good decision to check the exchange if they provide support for your country.