More and more people are beginning to appreciate the opportunities offered by virtual currencies. There is no doubt that the rise in popularity of bitcoin will continue in the coming years. Therefore, now it is worth considering how to buy cryptocurrency and increase your assets.
We can list several popular and proven methods. We will focus on these methods first. Finally, we’ll also say a few words about less traditional options. So how can i buy bitcoin without id verification? Network users can take advantage of the following opportunities for anonymous cryptocurrency exchange:
- Cryptocurrency exchanges;
- Cryptocurrency exchange points;
- Merchant wallet;
- STO and ICO.
Some require full verification, that is, providing personal data and scanning an identity document. Others answer how to buy cryptocurrency anonymously.
How to buy cryptocurrency on the exchange?
The exchange is the most popular way to buy cryptocurrency. In this method, the user is exchanged. In fact, an exchange is just an intermediary platform that creates an environment for trading. When it comes to less popular coins, this is the only purchase option.
Nowadays, investors need to consider many restrictions and legal regulations. Cryptocurrency exchanges where you can make purchases without verification are rare. It is worth understanding how to buy bitcoins anonymously. In the vast majority of cases, it is necessary to pass a full check.
There are pending buy and sell orders on the exchange. We are interested in the last group. We select a suitable currency pair and look for an offer that meets our price expectations. Some exchanges offer automatic buying at an average price, allowing you to trade instantly. The advantage of buying cryptocurrencies on the exchange is a low commission.
We can store purchased coins on an exchange, but we strongly recommend that you transfer them to secure wallets such as the Ledger Nano S or Trezor One.
How to buy cryptocurrency without verification at the exchange office?
In this variant, the transaction takes place in three stages. The user selects the desired cryptocurrency and transfers funds to the account. The exchanger, on behalf of the user, makes a transaction on the exchange, and then transfers the purchased coins to the wallet address specified by the user.
Buying cryptocurrency at an exchange office involves simplified formalities and does not require verification for small amounts. Cryptocurrency exchange offices can be a good alternative to exchanges. The transaction speed is clearly less profitable and the fees are much higher.
Buying cryptocurrency without verification at each exchange office looks the same. For example, at Cryptex it is an intuitive process. It may happen that for unknown reasons the transaction will be blocked and you will be asked to confirm. This risk exists in every exchange office.
Purchase through an exchange wallet
In this respect, an interesting proposal is, for example, the Exodus multi-wallet. It is worth noting that the vast majority of wallets care about anonymity. Hence, they do not support fiat currencies such as the dollar or euro.
Suppose we have previously bought a certain amount of popular bitcoin for PLN for PLN. At the wallet level, we can exchange one cryptocurrency for another. The aforementioned Exodus supports several dozen different coins and tokens. It should be borne in mind that a small commission is charged from the wallet, so the rate may be slightly worse than on the exchange.