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It is often faster, cuts down the paper trail, and provides high security and anonymity. The trading platform, although not further by delivering purchased Bitcoins which leaves room for misappropriation.
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How to Buy Bitcoin Anonymously - NO ID, NO KYCLearn how to buy crypto anonymously in Complete beginner's guide that explains how to invest in Bitcoin without ID documents. To buy Bitcoin using a bank account no verification of your source of funds is required. You just need to provide some personal information, like your name. Perhaps the best way to buy Bitcoin anonymously is through P2P services and using prepaid cards as a funding method. Prepaid cards do not require an identity.
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