Buy crypto by bank transfer

A bank transfer is the cheapest way to buy, but your bank sees who you paid. On P2P markets you pay another person, so the platform does not ask for ID; the seller sees your name on the transfer.

7 platforms listed, 5 with no ID at all. Sorted by how much identity they ask for.

  • BIM ExchangeDecentralised exchange
    NoneWallet only
    Yes
    0.1% - 0.5% (via Kyber/Bungee)
    Available everywhere
    Card or bankFees 0.1% - 0.5% (via Kyber/Bungee)
  • BisqDecentralised exchange
    NoneNo account at all
    Yes
    Variable
    Available everywhere
    Card or bankFees Variable
  • Hodl HodlP2P market
    NoneNo ID, on-chain escrow
    Yes
    Variable
    Available everywhere
    Card or bankFees Variable
  • LocalCoinSwapP2P market
    NoneNo ID
    Yes
    Low
    Available everywhere
    Card or bankFees Low
  • Peach BitcoinP2P market
    NoneNo ID
    Yes
    Free to sell
    Available everywhere
    Card or bankFees Free to sell
  • OpenPeerP2P market
    LightThe seller decides
    Yes
    Low
    US
    Card or bankFees Low
  • Mt PelerinExchange
    TieredNo ID up to set limits
    Yes
    Low fees
    Outside Europe
    Card or bankFees Low fees

See also