Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.
Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.
Can I Buy Bitcoin on Blockchain Without Verification?
The short answer is no. In order to buy Bitcoin on Blockchain, you will need to verify your identity.
This is because Blockchain is a decentralized platform that requires users to undergo KYC (Know Your Customer) verification in order to ensure the safety of the network. While there are some workarounds that allow you to buy Bitcoin without verification, it is not recommended as it could put your funds at risk.