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6 best places to anonymously buy Bitcoin without KYC – Gadgets to use


Anonymous Bitcoin purchases have become difficult lately due to the rise in popularity. Most large exchanges require KYC (Know Your Customer) and bank details to trade cryptocurrencies. Now you may have a privacy issue or you are in a situation where anonymity is important. If this is the case, we will show you how and where you can buy Bitcoin anonymously.

Also, read | Simple steps to convert Bitcoin and other cryptocurrencies into cash

Disclaimer: Gadgets To Use do not promote any malicious, criminal or fraudulent activities. All methods shown here are for educational purposes only and we do not take responsibility for such actions.

The best places to buy Bitcoin anonymously

There are several methods for anonymously purchasing Bitcoin. We will primarily focus on Pier-to-Pier Bitcoin exchanges and how they work and the best places for anonymous bitcoin purchases.

Also, read | Top 5 best crypto exchanges in India for buying and selling Bitcoin and other cryptocurrencies

Note: You will always get a lower value of Bitcoin compared to the amount you offer due to transaction and anonymity fees and the constant change in Bitcoin price.

Some prerequisites:

  • Paid VPN for high security
  • Secure Bitcoin wallet

Pier-to-Per Bitcoin exchanges

Pier-to-Pier sites usually do not require KYC to purchase. You can easily set up an account using just an email ID and it will allow you to purchase cryptocurrency from individual sellers. These sellers will sell you Bitcoin in exchange for the different types of funds you want to use.

This is one of the easier methods of anonymously buying Bitcoin, which is not very complicated, but it is recommended to be careful and go only with sellers with a high rating.

Now that you understand what Pier-top-Per Exchanges is, let’s take a look at some of our suggestions for places where you can anonymously Bitcoin.

Paxful

Paxful is a popular place to buy or sell Bitcoin, Tether and Ethereum. Setup is easy, but it asks you for a verification phone number.

There are a number of options to choose from to pay for your Bitcoin and a decent number of trusted vendors. This would be our preferred option for buying bitcoin and other cryptocurrencies.

Related article Paxful review: The most flexible exchange for buying and selling bitcoin

Hodl Hodl

Hodl Hodl is another place for anonymous shopping without the need for KYC. This page places more emphasis on security aspects. Uses 2 keys to unlock the cryptocurrency from the vendor when the transaction is completed. In case of a dispute, you can contact their support team who will lock Bitcoin until the dispute is resolved.

It also provides low transaction fees so you won’t get such a small value compared to other places for the amount of your offer.

Bisq

Bisq requires you to install the application on your desktop. In addition, it works similarly to what we mentioned above. It also focuses on maintaining your privacy and uses its decentralized network to maintain anonymity.

They also offer a secure wallet, but we would still recommend setting up a special wallet account to transfer your cryptocurrency. It stores your data stored in your machine and does not share it with any outside party which is why it is on this list.

You can also check multiple exchanges that focus on privacy and do not require KYC.

Other methods for anonymous Bitcoin purchases

Some other methods for buying or earning Bitcoin without risk to privacy are complicated, require time and resources, are not widely accepted, and some are not reliable. Let’s look at them too.

Mixer / Tumbler

Services that will mask your transactions to be anonymous. They add an extra layer of anonymity to your online Bitcoin transactions. They are complicated and their functionality is debatable.

Bitcoin ATMs

Bitcoin ATM cards allow you to buy things just like regular cards, but directly with your Bitcoins. Some of them even accept cash. The problem with them is the changing prices of Bitcoin and its unregulated nature. That is why some countries do not allow these ATM cards and purchases directly from Bitcoin.

Dig it yourself

Mining means validating and processing the Bitcoin transactions of others on the blockchain for which you will earn a small mining fee. This is similar to the gas charges for Ethereum. The problem is that it requires an expensive computer and a lot of computing power and electricity.

Completion

We talked about all the different places where you can buy Bitcoin anonymously, as well as some other methods used to buy Bitcoin. We hope you understand these ways better now. Again, we would like to note that these methods are discussed only for educational purposes and that we do not promote any of them.

You can also follow us for current technology news on Google News or for tips and tricks, reviews of smartphones and gadgets, join GadgetsToUse Telegram Group, or subscribe to the latest preview videos GadgetsToUse Youtube channel.



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Naveen Kumar

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