Identity safety issues (very new crypto user)

[digeraro]

Today I started playing around with crypto. Don't know anything about it and none of it makes any sense right now. Gona slowly give a try though.

I'm using the PayPal / USDT / Solana Crypto Guide 10.21.25 pined to this forum. Right now I'm at the point of trying to buying Sol through Jupiter in the amount of $10. When selecting payment type no mater which one I choose (paypal, CC, debit card, Google pay) I get redirect to yet another app.

I have no idea why I need to go through the above process but I think it's referred to as buying "gas money"? Also not sure of how much to by. Just following the guide.

When I do get to these other apps like moon pay they all want my social number and or a photo. MY whole life I've been very cautious about giving out my social to anyone/anything. My question is... Is this a nessasary requirement and is there any way around this? Maybe I'm paranoid but it seems very risky giving out your social to these apps not really knowing any about them or who/what they are.

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[pughster25]

Its a right PIA as everyone wants KYC (know your customer) for regulatory compliance and tax purposes in said origin country

 

[digeraro]

I didn't get very far. Unless I'm missing something, looks like there's no way to buy crypto with out exposing your social security number if your a US citizen. I did read about somehow going to a crypto ATM putting US cash the machine and purchasing but that's all I found out.

 

[mraajr]

If someone truly wanted your SSN, they would get it. The absolute easiest way to do crypto for the purposes of buying grey is to get a wallet like Exodus, buy crypto with PayPal, Venmo, Cash App, etc., and send it to your wallet directly from one of those apps. Takes 5 minutes. The best way to do it is fund your app first and buy the crypto using your "balance" rather than directly funding it with a CC. Less likely to be held up that way.

Although it is the most volatile, buying BTC is the easiest way of doing it. No weird gas fees or anything like that. Buy the BTC with one of the apps I mentioned and send it to your wallet. Then send it from there to the vendor of your choice.