Where to buy crypto without verification?

Verification procedures are now an integral part of any interaction with a financial institution.

Whether you want to open a bank account, join an electronic payment system or make a considerable purchase, the procedure requires you to identify yourself clearly, as well as to provide ample amounts of information regarding your financial affairs.

One might suppose that it is not quite the same with crypto, given the greater degree of decentralization and freedom it offers.

Nevertheless, as the amounts circulating within the crypto market grow more and more impressive with each passing day, operators become more inclined towards greater legitimacy.

Therefore, it is not uncommon for reputable crypto platforms to onboard their customers with pretty much the same KYC/AML procedures as that one would have to undergo when opening a bank account, for instance.

Such measures are in place for a reason and do indeed help build a safer environment for one’s crypto assets to inhabit and flourish in. On the other hand, one could name a few situations where you wouldn’t want to go through all the trouble.

You might be willing to make a small investment, a single occasional crypto payment, or you might want to have a taste of crypto trading, just to try it. Either way, you might be wondering how to buy crypto without verification to do any of the above.

Several ways do exist to buy crypto without ID verification. An obvious and rather simple one would be to use a crypto ATM. It is not much different from depositing cash through a regular bank’s ATM, except for having to enter your crypto wallet address instead of inserting a card.

Needless to say, you should enter the address as carefully as always, so as not to see that wad of cash getting eaten up by the machine and leaving for a destination unknown. Typically, such ATMs also allow selling cryptocurrencies for cash; however, be ready to deal with some noticeable commission fees.

Another obvious downside is that you might be unable to find a crypto ATM in the vicinity – while services do exist to map your route to one for you, the nearest machine could just be too far for you to travel.

A more appropriate means of buying crypto without verification would be the use of a decentralized exchange.

As the name implies, such platforms are technically akin to ad portals – you can either browse through seller proposals, looking for the desired cryptocurrency at a price you would deem affordable, or post your own offer to buy and see if there is anyone out there willing to make the trade.

The elegant simplicity of the process is due to the absence of intermediaries, but it is up to you to select the decentralized exchange for your transaction.

You will most probably be considering the presence of lucrative offers first of all, yet it would be a good idea to check out whether there are any security measures in place, in order to eliminate the possibility of scams.

On the other hand, reasons may exist for one to prefer a specific crypto platform. Hence, there are a lot of users all over the net asking questions like “Can I buy crypto on Kucoin without verification?” or inquiring about any other specific exchange.

Luckily, those willing to enjoy the comfort of a fully functional crypto portal can often do so without the trouble of a full-fledged identification procedure.

WunderTrading, for instance, offers its users an opportunity to purchase up to 300$ worth of crypto, which is often enough for most purposes requiring quick and unhindered access to cryptocurrency.

In short, buying crypto without verification is definitely feasible. This may imply some restrictions or drawbacks, however, so if you plan to stay in the crypto sphere for a while, it would be wise to weigh up the pros and cons of this approach.