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Id required to buy bitcoin

id required to buy bitcoin

Recommended place to buy Bitcoin. Hopefully you managed to buy your bitcoins anonymously through one of the other alternatives sites in the list? It is simply a reminder to use common sense.

With Cash or Credit Card

You may have heard that to buy bitcoin one needs to submit a series of identification documents to the trading site. When I first stated using bitcoin in none of the exchange sites asked for passport or utility bill photocopies. Now in virtually every bitcoin exchange is obliged by law to do full KYC know your customer. This is to prevent cyber-crime and money laundering. Some anarchists say the government worries that you might be gaining too much economic freedom. All things said, butcoin is very important to be aware when seeking recommended places to buy bitcoin without ID.

With Cash or Credit Card

id required to buy bitcoin
In today’s post, I’m going to show you exactly how to buy bitcoins with no ID or verification using a number of payment methods. We do research on every exchange we list and are very careful not to include scam exchanges on our site. LocalBitcoins is a peer-to-peer market place, similar to eBay. Buyers and sellers create offers and must agree on a price and terms of a trade before a transaction can be made. It’s possible to buy bitcoins with no ID on LocalBitcoins either by buying bitcoins with cash deposit or meeting in person and trading cash. BitQuick facilitates the buying of bitcoin via cash deposit at thousands of banks across the US.


Summary of the Best Ways to Buy BTC without ID

Following these basic principles should help you avoid theft, scams, and any other loss of funds:. In this case ShapeShift auto-set the trade to be Bitcoin for Ether. The transactions are pretty quick. Users who are id required to buy bitcoin to buy Bitcoins in-person can rely on LocalBitcoins and others who prefer purchasing Bitcoins with cash deposits and credit cards can consider Wall of coins, Bitquick and Coinmama. Not all anonymizing procedures are as tiresome. Next, log in to your account, where you can see a page asking for some details. You can let the community know by leaving a comment. Many exchanges are simply trying to steal your credit bircoin information! We do research on every exchange we list and are very careful not to include scam exchanges requirec our site. A list of banks and their branches near you will be displayed once you enter the. You can even contact Bitit through their social media page.

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