The question regarding how to buy and sell Bitcoin anonymously is asked by people who do not want to disclose their personal data when making transactions. In today’s review, we will look at the most popular hidden buy / sell methods, thanks to which no one will know that you have a certain amount of coins at your disposal, or that you have made a profit from the sale of digital coins.
Why is the issue of anonymous buying / selling Bitcoins relevant?
It would seem, why bother thinking about anonymity at all? The Bitcoin blockchain itself is decentralized and aims to ensure that the identities of users are not revealed. This is true, however, exchanging BTC for fiat money and vice versa has its own nuances, because of which you can be figured out.
Today, crypto users buy / sell Bitcoin in two of the most popular ways:
ü through anonymous cryptocurrency exchange – Exmo, Godex, Binance, BitMEX;
ü using online exchangers – BitCash, MoneyMix, Trust-Changer.
When using these services, you “light up” several of your personal data at once:
· phone number;
· Card number.
On some exchanges, to link a ruble card, you have to send a photo of it to the e-mail of the support service. In addition, on the LocalBitcoins resource and in some cases on Exmo, it is imperative to go through the verification procedure.
Of course, reputable trading platforms and online exchanges should not disclose the personal details of their members. However, such services are not immune from hacking, as a result of which hackers obtain the necessary information about you. Well, let’s not forget about current trends. Thus, it will be almost impossible to hide the fact of the existence of Bitcoins or making a profit from their sale in the Bitcoin Pro app.
Direct buy / sell BTC: anonymous but dangerous
In this case, we are talking about buying or selling coins actually from hand to hand. On the exchanges, you do almost the same thing, but there all your operations are monitored by the administration of the service. In order not to leave traces of the sale or purchase of coins, you need to cooperate with the second party without involving intermediaries. How to do it?
An approximate algorithm of actions when buying / selling Bitcoin anonymously looks like this:
Ø We place an announcement that we want to buy or sell Bitcoins. You can just write a comment under one of the existing posts and wait for someone to respond.
Ø If someone is interested, we contact this person directly (by phone, via messengers or social networks).
Ø We negotiate the terms of the transaction: the number of coins, the purchase / sale rate, the principle of payment.
Ø We make a deal remotely or in person.
Ideally, you want to find a buyer / seller who lives in your city. This way you can arrange a personal meeting and discuss the terms of the deal in detail. But the most important thing is that the whole operation will be as safe as possible. You can go to a cafe with Wi-Fi and conduct a transaction there. For instance:
1. money is sent to you for Bitcoins on the card;
2. you are waiting for the transfer;
3. after that, send coins from your wallet to the buyer’s address;
4. he is waiting for the enrollment and confirms the completion of the operation.
If you wish, you can ask for payment in cash, if you do not want to “shine” the fact of crediting funds to the card at all. This is best done when the amount is very large. If not, don’t worry. The system will perceive this as a banal transfer of money from user to user.
If it was not possible to find a buyer or seller in your city, it is better to use another method. When looking for a second party on the forums, you can run into a scammer. In addition, nothing prevents the second party to the transaction from abandoning what was conceived when you have already made a transfer. In general, remote direct transactions will have to be carried out at your own peril and risk; no other way.