Assets, Ethereum

Can You Buy Ethereum Without ID?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is a public blockchain similar to Bitcoin, but with some key differences. One of those differences is that Ethereum allows developers to build decentralized applications, or dapps.

Dapps are powered by Ethereum’s native cryptocurrency, Ether (ETH).

You can buy ETH without ID on decentralized exchanges (DEXes), such as Uniswap and Kyber Network. On these DEXes, you don’t need to create an account or go through know-your-customer (KYC) verification.

NOTE: Warning: Buying Ethereum without ID is highly discouraged. It is illegal in many places and can lead to serious legal and financial consequences. Additionally, it can be a source of risk due to the lack of identity verification, which can lead to fraud, theft, or other malicious activities. We recommend only buying Ethereum through reputable exchanges that require ID verification for safety and security reasons.

This makes buying ETH with fiat currency (e.g., USD, EUR, GBP) on DEXes a good way to keep your identity private when buying ETH.

If you want to buy ETH with fiat currency on a centralized exchange, you’ll need to go through the KYC process. However, there are some exchanges that allow you to buy ETH without ID by using a cryptocurrency ATM or by using a peer-to-peer (P2P) exchange.

Cryptocurrency ATMs typically don’t require ID, but they do have limits on how much you can buy per day. P2P exchanges also don’t require ID, but you’ll need to find a seller who’s willing to sell you ETH without asking for KYC documents.

Overall, it is possible to buy ETH without ID; however, it may be difficult to find a seller who’s willing to sell you ETH without asking for KYC documents. If you want to keep your identity private when buying ETH, your best bet is to use a DEX.

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