Vents MagaZine Music and Entertainment Magazine
Related Articles
Anonymity and freedom from any institutional control were two main pillars that made BTC popular. While it is true that this cryptocurrency was used to launder money and conduct shady deals, the economic utility of the network is also hard to deny. It is a revolutionary approach to money in general and if one can buy BTC without verification, a way to shift the economic power toward private entities.
Some governments immediately recognized the dangers that such freedom may bring. In some cases, you have to be a verified user with an ID to buy and sell crypto. Such laws were implemented in some areas of Europe. In other regions of the world, you can still purchase tokens without providing any personal information.
Where to buy Bitcoin without verification in 2022
There are several exchanges where you can purchase any token (not only BTC) without any verification. You will need to create an account but using a fake phone number to verify the validity of your account and using an alternative e-mail are both ways to avoid any scrutiny from an exchange.
- Special ATMs. If you are interested in total anonymity, you can use one of the cash ATMs that swap cash for cryptocurrencies. It is the most convenient and safe method to buy BTC without ID in the US and some places in Europe. Such terminals are scattered across the globe but you can find them using coinatmradar.com. Cryptomats are easy-to-use and work as glorified vending machines.
- Using a P2P exchange. Some services do not require any confirmations and just ensure that a transaction between two parties is conducted according to commonly accepted rules of fair trade. You may be interested in escrow provided by some platforms but you can bypass this option completely and trust another party.
- Exchangers. Unlike exchanges that work as marketplaces and offer financial services, exchangers are special automatic services where you can swap tokens or even make cash purchases. Whether they need you to confirm your identity depends on the country where they operate. Some nations allow anonymity, some do not.
- Using an exchange. Up until recently, Binance offered its users full anonymity but was forced to start verifying users due to pressure from regulators. Other places that do not require you to confirm identity exist and you may be interested in searching for exchanges operating outside of the jurisdiction of US authorities.
Some companies may offer anonymity to their clients when it comes to purchasing crypto. WunderTrading is a good place to buy BTC online without verification. They have a convenient option of using one of over 10 different tokens or fiat to buy crypto instantly.
The value of anonymity
There are different reasons why people pursue anonymity on the internet. Safety is the most obvious one. Providing personal information can be extremely dangerous and creates vulnerabilities on all fronts: from constant surveillance by corporations and governments to phishing attacks aimed at you specifically.
On the other hand, some people like to stay discreet when it comes to finances. A wise person does not showcase their wealth to everyone. Building up a portfolio that cannot be tracked back to you is a good decision for both security and emotional stability.
Crypto is the last haven for those who want to operate legally and enjoy the benefits of avoiding any scrutiny from the government.
Do you have to pay extra for no-ID purchases?
Exchangers usually charge extra fees but they are hidden in the “tiny text” and prices you see usually include the fee. Some charges can be more than just noticeable but you have to pay when you need complete safety.
Most companies that provide niche services usually demand some payment for their efforts. With crypto going mainstream, many companies decided to fully legalize their financial activities and have to follow rules established by regulating bodies.
Can you buy bitcoin without verification?
The broad answer is “YES”. However, some nuances do exist. You cannot purchase tokens on popular exchanges that have to comply with demands from regulators. Some companies do not sell cryptocurrencies to users that do not want to disclose at least some personal information. Otherwise, this domain is the best choice for those who would like to preserve anonymity and financial autonomy!
