Trust Wallet is a very safe way to store moderate amounts of crypto and it also allows you to buy crypto using credit cards (through MoonPay) without the need of any verification, ID or signup process. You just need to insert your card details. This is subject to strict weekly/monthly limitations and might change in the future.
Why use crypto when I could simply be using PayPal? How do I swap my money for crypto?
Ok, but how do I swap my money for crypto?
These are the some ways
These ideas are just options and have no connection to Peaceful Vanilla Club or its owners. Be careful if you decide to use them, as there are risks involved. If you’re not completely sure, it might be best to avoid them. We can’t be held responsible if you lose money. To avoid problems, consider using simple services and only deal with Bitcoin — or even better, just stick to PayPal. It’s important to do your own research before making any decisions. Remember, this isn’t a financial advice.
Option 1 — Credit card
Option 2 — Peer to peer
Option 3 — Swiss based services
What about centralized exchanges?
You might be curious about why we didn’t mention exchanges like Binance or Crypto.com; The reason is that these platforms need you to share your IDs and documents for verification. This takes time and affects your privacy. After you’re registered, buying crypto there is easy, but there are downsides to consider.
Any other alternative? (Bisq)
Bisq is an option instead of centralized exchanges. It’s a decentralized exchange that focuses on privacy. Users can buy crypto without needing verification (KYC). You might wonder why we didn’t include it in the recommended platforms. That’s because it could be overwhelming and complicated for someone new to this.