How to anonymously buy Bitcoin or other cryptocurrencies?

Certainly not through the traditional transfer of dollars, euros or zlotys. In order to set up a bank account, we must provide your real details and all our movements are saved in the system. Each authorized person can check how much money we have and where we have received it from. The money kept on our bank account is not ours, but the bank! If you do not believe, check your rules. Also, access to our account depends on the grace of the bank. Have you heard about the breaks in access to electronic banking? Breaks in the operation of payment cards?

Cryptocurrencies - new generation banking

Cryptocurrencies created in opposition to the current financial system. Blockchain Bitcoin never in its history, even for a fraction of a second, did not stop working. Cryptocurrencies can be sent anytime, anywhere in the world, directly, in a few seconds. allow they are fully or partially anonymous transfers, without intermediaries such as banks or other so-called public trust. They do not need them at all, because there is a faster, cheaper and even more secure technology - blockchain¹.

¹ What is blockchain? A simple explanation

How to buy bitcoin anonymously or sell cryptocurrencies?

They still exist exchange cryptocurrency not requiring from users verification. This is the case for recommended Binance i Huobi. This does not mean, however, that we are completely anonymous on them. By logging into such an exchange, it is worth taking care of our privacy on the Internet, using a VPN and a secure e-mail.

On such exchanges, often the only limitation is the withdrawal limit, expressed in the number of bitcoins, which can be withdrawn from the exchange within 24 hours (usually there are no deposit limits). Verification of an anonymous account can usually be done at any time, providing your real details and supporting documents. New opportunities are gained, such as higher limits (or their complete abolition).

However, it should be noted that many exchanges does not support currencies fiduciary (ie traditionallike US dollars, euros or zlotys). Instead of trading in pairs with bitcoin (BTC), Ethereum (ETH) and so-called stable coins, or tokens, which by definition have a fixed rate against traditional money, e.g. USD. It is for bitcoins or tehters (USDT) to buy other cryptocurrencies, so to buy a token or coin, you must pay bitcoins, not dollars or euros. Likewise, in the case of payment of profits - we pay bitcoins or other cryptocurrencies, which we have multiplied on the stock exchange.

Stock exchanges enabling withdrawals of fiat currencies (e.g. USD, EUR, PLN) wymagają from us KYC (application their data, photos, documents). Using them is very convenient. We can directly, from your personal bank account, send money i In a simple way (NP. BitBay) buy and sell cryptocurrencies. These exchanges use the AML (Anti Money Laundering) procedures and follow our actions. They are also tracked by a bank that may in certain situations block a transfer to or from such an exchange, citing its regulations and the lack of legal regulations concerning the cryptocurrency market. Therefore, using cryptocurrency exchanges, we do not have the possibility of anonymous withdrawal and payment of cash in order to buy or sell bitconów.

How to anonymously sell cryptocurrencies and withdraw cash?

How to buy Bitcoin anonymously for cash?

Fortunately, there are several options to buy bitcoin anonymously.

1. way - bitomats

Anonymously, you can buy bitcoin using bitomats, BTC ATM. They are more and more popular devices put up in large cities. We can use them anonymously. We deposit cash into the ATM. We receive a transfer of bitcoins purchased, DASH or another cryptocurrency, directly to your wallet, which address we gave to the ATM. You can use a mobile wallet, installed on your smartphone. Next, we transfer our cryptocurrencies from an anonymous account into an anonymous stock market account or a secure wallet⁵. Where the nearest bitomat is located - you can check here.

2. way - people in your area

We can anonymously buy Bitcoin or other cryptocurrencies from people in our area. We stay incognito paying in cash. We transfer cryptocurrencies directly from our anonymous portfolio to the contractor's portfolio. We arrange transactions, for example through a portal LocalBitcoins.

3. way - exchange offices

We buy or sell cryptocurrencies in a stationary office. Such exchange offices enable anonymous transactions up to the amount of EUR 15000. A big network of money changers in Poland is Flying Atom.