Looking to buy crypto without going through the hassle of KYC (Know Your Customer)? Bitcoin ATMs can be a great option for this. Many ATMs allow you to purchase Bitcoin without requiring ID, depending on the transaction amount. You simply need to locate a no-KYC Bitcoin ATM, enter the desired amount, and pay with cash or a debit/credit card.
This guide will show you how to buy crypto without KYC from Bitcoin ATMs and explore alternatives to maintain your privacy, such as peer-to-peer platforms, in-cash transactions, prepaid cards, and other methods.
Table of Contents
ToggleKey Takeaways
- Bitcoin ATMs allow users to buy crypto without KYC, depending on transaction limits.
- Additional ways to purchase crypto without verification include peer-to-peer platforms, in-cash transactions, and prepaid cards.
How To Buy Crypto Without KYC From Bitcoin ATMs?
To buy crypto without KYC from Bitcoin ATMs near you, start by finding a no-KYC Bitcoin ATM through a locator tool like CoinTime, CoinATMRadar.
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Find the nearest CoinTime BTM for the best transactions:
– Multiple Locations
– No Hidden Fees
– Up to $50,000 Limit
This helps you identify nearby machines that don’t require ID for smaller transactions, which are usually capped at $1,000.
But be cautious, as only a few BTMs allow no KYC for smaller transactions.
Once at the ATM, the process is simple:
- Enter the amount of Bitcoin you wish to purchase,
- Pay with cash or a debit/credit card,
- Scan the QR code generated by the machine to receive the crypto in your wallet.
In some cases, you might encounter Bitcoin ATMs that require SMS verification for even small purchases.
To bypass this, you can use services like Text Verified to obtain a working phone number for verification.
This keeps your transactions private while complying with the machine’s requirements.
Bitcoin ATMs Without KYC In USA “Low Limits”
Bitcoin ATMs are on the rise in the United States, but most ATMs require KYC before transacting.
However, some allow smaller purchases with no ID verification. Here are some of the providers:
ATM Provider | Transaction Limit (No KYC) | Fees |
Maine Bitcoin | $200 | 14% |
Krakem ATM | $499 | 9% |
Cash2Crypto Club | $500 | 12% |
Blockchain BTM | $300 | 17.5% |
Hippo BTM | $499 | 17.5% |
Comparison Table for Bitcoin ATM Providers and No KYC Limits
These machines are found in public spaces such as convenience stores and shopping centers.
As we said before, you can use BTM locators like CoinAtmRadar or simply search for their names on Google to get directions to them.
Note: Always check the specific machine’s policies regarding KYC and transaction limits before initiating a purchase.
Other Ways To Buy Bitcoin Without Verification/ID
Bitcoin ATMs are not the only option if you want to buy crypto without KYC.
Other methods exist, and each offers a different degree of privacy, fees, and convenience.
Method | Privacy Level | Ease of Use |
Peer-to-Peer (P2P) | High | Moderate |
In-Person Cash | High | Low |
Prepaid Cards | Moderate | High |
Bitcoin Mixing | High | Moderate |
Comparison Table Showing Non-KYC Bitcoin Purchase Methods
– Peer-To-Peer With No KYC
If you’re looking to buy Bitcoin without going through KYC, peer-to-peer (P2P) transactions are one of the most effective ways to do so.
You can buy Bitcoin directly from another person, whether it’s someone you meet at a Bitcoin meetup, via classified ad sites like Craigslist or Gumtree, or through a P2P cryptocurrency exchange.
P2P exchanges like Bisq, RoboSats, Hodl Hodl, and AgoraDesk make it easy to find sellers offering Bitcoin without KYC.
Each platform operates without you needing any personal information.
For example, Bisq is a decentralized exchange, meaning you download an app to buy or sell Bitcoin without ever providing KYC.
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Similarly, RoboSats and Hodl Hodl allow you to transact over the Lightning Network, offering privacy and speed.
However, be aware that while these exchanges don’t require KYC, some sellers might still ask for ID to avoid fraud or comply with local laws.
This makes peer-to-peer trading a flexible, private option for buying Bitcoin while minimizing the need for personal information.
– In-Person Cash Transactions
Making a Bitcoin purchase in person is another option that offers privacy.
The method involves meeting a seller face-to-face and then paying in cash in exchange for crypto.
Websites like AgoraDesk and LocalCoinSwap operate without KYC, offering a platform for buyers and sellers to meet and transact directly.
However, caution is advised when meeting with strangers for cash transactions.
– Prepaid Credit Cards
Buying Bitcoin with prepaid credit cards is a straightforward and flexible process, ideal for those seeking anonymity or not wanting to tie purchases to a bank account.
Here’s how it works:
- Choose an Exchange: Select a platform that supports prepaid cards, such as Binance or KuCoin.
- Create an Account: Sign up and complete KYC verification if required.
- Link Your Prepaid Card: In the payment section, add the card details (number, expiration date, and CVV).
- Purchase Bitcoin: Choose the amount, finalize the transaction, and receive your Bitcoin in your wallet.
Notes:
Prepaid cards can carry higher fees compared to other payment methods. These fees can include transaction fees from the card provider and exchange fees, which vary between platforms.
While prepaid cards offer simplicity and security, they also limit the amount of Bitcoin you can buy due to card limits, which typically cap purchases at lower amounts.
– Bitcoin Mixing Services
Bitcoin mixers (or tumblers) have an extra level of anonymity by mixing your coins with others.
This makes it hard to know where the funds originated from.
While not a direct way to purchase crypto, mixers help users anonymize their holdings after buying.
Services such as Wasabi Wallet can be used for this function.
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Conclusion
As regulations around crypto tighten, finding non-KYC methods may be more challenging.
However, Bitcoin ATMs and peer-to-peer platforms are powerful resources for the privacy-conscious.
While Bitcoin ATMs are convenient for purchasing Bitcoin without verification, they come with lower limits and higher fees.
Other methods, such as peer-to-peer trading, prepaid cards, and in-person cash transactions, can offer alternative ways to obtain Bitcoin while providing anonymity.
FAQs
- Can I buy BTC without KYC?
Yes, you can buy Bitcoin (BTC) without KYC using certain methods, such as low-limit transactions at Bitcoin ATMs without KYC, peer-to-peer (P2P) exchanges, in-person cash transactions, and prepaid cards.
These methods let you buy BTC without a need for an ID, although they often come with higher fees and lower transaction limits.
- Do Bitcoin ATMs require KYC?
Most Bitcoin ATMs implement KYC (Know Your Customer) protocols for transactions above a certain limit (e.g., over $1,000).
However, many ATMs offer non-KYC options for smaller transactions, typically under $1,000. Hence, users can buy Bitcoin without providing an ID.
- Which Bitcoin wallet does not need verification?
Some non-custodial wallets, such as Exodus Wallet, Electrum, and Wasabi Wallet, do not require users to verify their identity.
These wallets give users control over their private keys and entirely avoid KYC processes, as they don’t store or manage user funds like centralized exchanges do.
- Is there a crypto payment method without KYC?
Yes, you can use certain services like prepaid credit/debit cards, P2P platforms, or non-KYC Bitcoin ATMs to make crypto payments without undergoing KYC.
Some merchants also accept Bitcoin payments directly through wallets that don’t require verification.
- How to withdraw crypto without verification?
To withdraw crypto without verification, you can use non-custodial wallets that don’t require KYC, P2P exchanges where users trade directly, or Bitcoin ATMs for cash withdrawals.
Be mindful that non-KYC withdrawals may have lower limits and higher fees depending on the method.