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As the adoption of Bitcoin is increasing, you might meet a lot of people who own Bitcoin and you can actually ask them to sell Bitcoin to you directly. You will be surprised to find, a lot of them might be ok selling you at the exchange price or even lower at the market price, as they will be saving money on the taxation.

You should also check out some of these p2p exchanges for more options. Make sure, you use one of these best Bitcoin wallets to receive the funds. The trend of Bitcoin ATMs is not very prevalent. But it is still one of the best ways of buying Bitcoin without an ID. You can simply buy bitcoins from such ATMs in exchange for fiat currency. Check here if your country has a Bitcoin ATM.

Bitsquare is a peer-to-peer marketplace for cryptocurrencies like Bitcoins. It is a fully decentralized exchange that requires no name, email ID, or verification. Every aspect of this exchange is decentralized from placing the order, to matching the order, to executing it.

Currently, it supports cryptocurrencies including BTC and is available on Windows, Mac, and Linux platforms, but trade volumes are low. How Bitsqaure works are beyond the scope of this article. Mycelium Local Trader is brought to you by Mycelium, which is a popular Bitcoin wallet.

It is a feature built into the Mycelium mobile app and is available globally. Caution: Make sure the seller confirms the receiving of cash in front of you on the Mycelium app, and then the trade will be executed automatically. Download the Mycelium app from Google Play. A Bitcoin seller who has a bank branch near you gives you their bank account details.

Once they confirm the deposit, the coins which are held in escrow are released to you. However, Changelly requires you to sign up with an email ID, but you can use an alias one. I personally use Changelly for their competitive exchange rates and viewable transaction history for tracking. If you have altcoins, then you can buy bitcoins in seconds with no verification. Sometimes you can be identified by your IP or through the private wi-fi which you are using. Or you might accidentally disclose your Bitcoin public address online somewhere.

In the near future, CoinSutra is preparing to share some more proven ways of dealing anonymously with Bitcoin. So keep checking back for all the latest tips and tricks! Harsh Agrawal is the Crypto exchanges and bots experts for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology.

After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra. Valuable information and excellent information got here! I would like to thank you for sharing your thoughts and time into the stuff you post!! Thumbs up. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment.

Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. CoinSutra was started in with the mission to educate the world about Bitcoin and Blockchain applications. Incognito is a cryptocurrency wallet where you can directly access DeFi platforms like Kyber and swap coins across blockchains. It all happens within the wallet, without losing custody of your coins. Imagine exchanging Bitcoin to Monero with the click of a button. Storing your funds in Incognito assures you that your coins are safe at all times, before, during, and after the exchange as the trade happens in a decentralized way.

But the most important question is: how do you maintain your anonymity while transacting your newly acquired coins? You never lose the ownership of your own keys and you sign your transactions locally like other non-custodial wallets. At the user level, sending an anonymized transaction is no different from a simple transaction.

The wallet uses zero-knowledge proof technology to obfuscate your transactions as well as your financial history. Incognito took the best part of it, optimized it for mobile devices, and combined it with other technologies such as ring signatures and stealth addresses also used by Monero in order to achieve full privacy. As of today, there are no proven ways to track transactions coming from this wallet.

In addition, Bisq is a peer-to-peer marketplace where you can trade Bitcoin and other coins anonymously. There are many other similar platforms but Bisq has the biggest trading volume out of them due to its popularity among cryptocurrency traders.

Actually, the presence of traders adds liquidity to the platform. While on other marketplaces you might have to wait hours or even days for a buy order to execute, on Bisq the most popular markets solve orders in minutes or even seconds. Bisq is an open-source platform, which makes it trustworthy.

The peer-to-peer method comes with its own risks. The best way to mitigate your risks is to make good use of the in-app tools, such as invoking a mediator or an arbitrator to assist you in the transaction. Depending on your country of residence you can choose one of the following options. Coinmama allows buyers to pay with gift cards without needing a registration process.

Coinmama is only available in a select number of regions; you can view the full list on their website. Wall of Coins is a global peer-to-peer exchange, so the actual trading is happening directly between the users.

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Bitsquare is a peer-to-peer marketplace for cryptocurrencies like Bitcoins. It is a fully decentralized exchange that requires no name, email ID, or verification. Every aspect of this exchange is decentralized from placing the order, to matching the order, to executing it. Currently, it supports cryptocurrencies including BTC and is available on Windows, Mac, and Linux platforms, but trade volumes are low.

How Bitsqaure works are beyond the scope of this article. Mycelium Local Trader is brought to you by Mycelium, which is a popular Bitcoin wallet. It is a feature built into the Mycelium mobile app and is available globally. Caution: Make sure the seller confirms the receiving of cash in front of you on the Mycelium app, and then the trade will be executed automatically.

Download the Mycelium app from Google Play. A Bitcoin seller who has a bank branch near you gives you their bank account details. Once they confirm the deposit, the coins which are held in escrow are released to you. However, Changelly requires you to sign up with an email ID, but you can use an alias one.

I personally use Changelly for their competitive exchange rates and viewable transaction history for tracking. If you have altcoins, then you can buy bitcoins in seconds with no verification. Sometimes you can be identified by your IP or through the private wi-fi which you are using. Or you might accidentally disclose your Bitcoin public address online somewhere.

In the near future, CoinSutra is preparing to share some more proven ways of dealing anonymously with Bitcoin. So keep checking back for all the latest tips and tricks! Harsh Agrawal is the Crypto exchanges and bots experts for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology. After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra.

Valuable information and excellent information got here! I would like to thank you for sharing your thoughts and time into the stuff you post!! Thumbs up. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Notify me of new posts by email. This site uses Akismet to reduce spam.

Learn how your comment data is processed. CoinSutra was started in with the mission to educate the world about Bitcoin and Blockchain applications. Visit CoinMama. Join LocalCryptos. Download Bitsqaure. Check out Wall of Coins. Check out Changelly. Harsh Agrawal. An international speaker and author who loves blockchain and crypto world. Join us via email and social channels to get the latest updates straight to your inbox.

But what is the chance you have such people among your friends? Luckily, there are various P2P sites that allow you to find sellers in your area and meet with them in person. One of them is LocalBitcoins we will discuss it later. By the way, when it comes to anonymous transactions, experts recommend buying newly mined coins because they are particularly valuable which is why they are known to bring a premium to over-the-counter markets and have no history.

Buying Bitcoins face-to-face, of course, is connected with high risks, especially in terms of confidentiality. While this makes it impossible to make cash transactions, other places can be a good place to get privacy. In the U. You should then use the same card to buy a BTC at any exchange where it is traded for a fiat, such as Coinbase or Kraken. This may not be the most convenient option, but if there are no Bitcoin PBXs or LocalBitcoins users in the area, a prepaid card is the best choice.

Perhaps the most anonymous way to purchase Bitcoin is to use decentralized exchanges. However, most people in cryptography are not yet familiar with them. Such exchanges are a new concept, and many regard them as the trading platforms of the future. Although the vast majority of decentralized exchanges require verification, some of them allow for anonymous purchasing of Bitcoin, if you deal with a minor sum of money.

Each platform has its own conditions, and you should check them before making any transactions. A few platforms force customers to share minimal personal credentials, for example, mobile phone numbers. As the number of crypto-ATMs has increased recently, buying Bitcoin through them is the most obvious solution for anyone who wants to bypass identity verification requirements. You can buy Bitcoin via an ATM in cash or with a card in this case, as in the previous ones, a prepaid debit card is used to maintain anonymity.

Bitcoins are then transferred to the specified wallet. However, if you do not exceed this amount, the purchase will be completely anonymous. Before buying a large amount of cryptocurrency, it is recommended to check the exchange rate of the company where you are going to buy BTC at the ATM.

Another difficulty is that such terminals are not yet very widespread. To find out where the nearest Bitcoin ATM is, you can use a special application. Also, some terminals request confirmation of identity. Currently, LocalBitcoins is the most popular peer-to-peer platform for Bitcoin trading. It provides the opportunity to meet the seller in person who will agree to send you a BTC in exchange for local currency. All you need to do to get started is register by entering your email address and username.

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