How can you buy bitcoin anonymously?

Rohan Mathew

Updated on:

How can you buy bitcoin anonymously?

We are all moving ahead with the digital age. As bitcoin becomes more popular, more and more people have started to engage with it. Also, people want to know whether it is possible to buy bitcoin anonymously and if it is possible then how? If you want to start bitcoin trading, study if bitcoin is a safe investment .

Through this blog today we will tell you how you can buy bitcoin without ID, as well as how you can buy bitcoin using multiple payment methods with verification. If you want to buy bitcoin, you first need a bitcoin wallet. Users or investors may have to pay a higher fee if anyone buys bitcoin without an ID. If you want to be charged less when you buy bitcoin, then you can choose one of the best exchanges we have mentioned. 

LocalBitcoins

LocalBitcoins is an online exchange platform that has become a popular platform for people in a very short period. It is a special geographic location that connects bitcoin sellers and buyers. The LocalBitcoins exchange can only find and match bitcoins located “locally”, hence the name LocalBitcoins. LocalBitcoins has at least more than 210 platforms working with different regions and countries. There are some countries where this service is not provided yet, some of them are Indonesia, the USA, Syria, China, etc. These countries have been included.

Is Bitcoin Anonymous?

Let us tell you that the Bitcoin Ledger keeps all publicly available recordings of transactions on every network whenever a trader buys or sells BTC. Also, the transactions to be done are broadcast to every node which needs to be done very carefully, which are recorded on the blockchain. And at the same time, it is also believed that it gets imprinted on the blockchain forever. A Dust attack is used to find out who will be the owner of the crypto address. On the other hand, public addresses are completely unknown to hackers, including digital spies who can uncover the identity of the BTC holder.

How to buy bitcoin anonymously?

We want to tell you simply that there are some simple ways to buy bitcoins so that you can buy bitcoins anonymously. You have to keep in mind which is the best way for you, you will have to find out on your own.

  1. Cashless Peer-to-Peer (Exchange)

There are some services associated with cashless peer-to-peer (exchange) which will require no ID and also no need for registration. Simultaneously, cash may be restricted to use. HodlHodl is a fairly popular global P2P marketplace with which users can exchange bitcoins. You can exchange money by various other methods like SWIFT transfer and bank transfer.

  1. Peer-to-Peer (Off-Exchange)

If you are looking for the best exchanges for you, then you can choose any mobile wallet app according to your utility. In Wallet, you are provided with a local-made facility, which we all also call local merchants. You can find sellers on some creative websites, forums and bitcoin subreddits as well as downloads in the dark and darknet if you want.

  1. Peer-to-Peer (Exchange)

We want to let you know that this is not an easy way to get bitcoins at all. Luckily, there are many other sites like LocalCoinSwap, Paxful and LocalBitcoins that help you connect with others who are willing to sell their bitcoins. Many different modes of exchange will be found on these sites, such as prepaid debit cards and even cash transfers. If you want, you can also create an anonymous account, in which users can easily start trading with you. But if you want, you can also find some people who are willing to sell it – especially for cash.