Cryptocurrency Q&A
Can you buy cryptocurrencies with a credit card without KYC?
Can you buy cryptocurrencies with a credit card without KYC?
Stardust
Wed Nov 27 2024
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5 answers
799
I'm wondering if it's possible to purchase cryptocurrencies using a credit card without going through Know Your Customer (KYC) verification. I'm looking for a convenient way to buy crypto without the need for lengthy identity checks.
5 answers
Andrea
Fri Nov 29 2024
Regulated cryptocurrency exchanges, such as Coinbase and Gemini, adhere to strict KYC (Know Your Customer) processes.
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Andrea
Fri Nov 29 2024
These processes ensure that users are verified before they can buy bitcoin or any other cryptocurrency using a credit card.
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CryptoEmpire
Fri Nov 29 2024
Without proper verification, users are unable to purchase cryptocurrencies on these regulated platforms.
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TaekwondoMaster
Thu Nov 28 2024
Alternatively, individuals may opt to use unregulated platforms like Best Wallet or Mexc to purchase cryptocurrencies.
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SsamziegangSerenadeMelodyHarmonySoul
Thu Nov 28 2024
However, using unregulated platforms increases risks for investors, as there is no protection provided to them.
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