When Bitcoin first came to the scene, everyone was of the view that it was anonymous. However, as everything goes on the Blockchain, the global ledger shared publicly, actually, it’s not anonymous.
Remember that leaving a digital trail means that it’s just a matter of time before your transactions are de-anonymized and anyone with enough resources will be able to do that. That being the reason, everyone is now looking for options to remain anonymous on the Bitcoin network as much as possible.
So, the question is how to buy Bitcoins anonymously? Well, there are some companies that allow buying and selling Bitcoins anonymously. Besides, there are some tricks that give you the easiest way to buy Bitcoins anonymously.
Methods To Buy Bitcoins Anonymously
Buy Bitcoin With Cash
Disguise Transfers Between Identities
Helix, Joinmarket, Darkwallet
Mycelium Local Trader, Bitsquare, Wall of Coins
Use cash to buy Bitcoins anonymously– the easiest way out
Yes, your best bet when looking to buy Bitcoins anonymously is to buy it with cash. You may wonder where to buy Bitcoins anonymously even with cash. Well, there are quite a few options available for that and the ones on top of the list are mentioned below.
1. Local Bitcoins
When looking to find the best way to buy Bitcoins anonymously with cash, you should better buy it in person. With Local Bitcoins, you can easily find people near you who are ready to sell their Bitcoins in exchange for cash.
Alias emails can be used for signing up at Local Bitcoins and it’s not necessary for you to verify your ID at this platform. Such Bitcoin deals don’t require any documentation whatsoever and allow you to remain truly anonymous.
2. Bitcoin ATMs
Another best way to buy Bitcoins anonymously with cash is through a Bitcoin ATM near you. However, the issue is that Bitcoin ATMs are not available everywhere and you may not have one very close to you.
But if you have access to one, go for it. Remember, however, that these ATMs require you to specify a Bitcoin address, but you have the option to say that you do not have one. And, when you choose that option, a paper address is generated for you most of the times. Afterwards, it’s possible for you to import private key of your paper wallet to send your Bitcoins anywhere you want.
3. Prepaid Card
You may have even wondered how to buy Bitcoins anonymously with a credit card. Well, you have prepaid credit cards for that and they can be availed at any convenience store or supermarket out there. These cards can then be used for making Bitcoin purchases at different platforms like Virwox or Coinmama without having to provide your ID.
Disguising transfers between several identities
When looking for answers to how to buy Bitcoins anonymously online, you have the option of obfuscating transfers between several identities. There are several services available today that rely on Coinjoin concept for combining transactions of different users into a single transaction for disguising who owns the funds and how much of it. Let’s take a look at a couple of such service providers.
Helix relies on a long Coinjoin transactions chain for tumbling your Bitcoins. Grams, the team behind Helix, indexes dark sites, builds reviews and allows its users to tumble and mix their coins. The service can be used with or without a membership. All you need to do is to browse to Helix website using Tor Browser and provide the address of the recipient.
Random delay periods can be added allowing more transaction layers to form and make the transaction more anonymous. The status ID can be recorded for checking out the status of your transactions at a later stage.
It’s another decentralized network where you can use Coinjoin to mix your Bitcoin transactions with other users. It doesn’t require any centralized party and you don’t even have to trust others. It’s different from the centralized services in the fact that your Bitcoins do not leave the address that is in your control. It means you’re not at risk even if the service shuts down while your transaction is being processed or when it maliciously starts stealing the Bitcoins. Remember, however, that you need considerable technical knowledge in order to install and use Joinmarket.
What other options do you have?
Yes, there are some other avenues available where you can get the answer to your primary question can I buy Bitcoins anonymously. These include:
1. Mycelium Local Trader
The popular Bitcoin wallet Mycelium brings this option to you. In fact, Local Trader is a feature that comes built into your Mycelium mobile application. It’s a simple feature that uses the location of your phone for connecting you with local traders in your close vicinity. Buyers and sellers can then meet personally for exchanging cash and Bitcoins without needing any verifications or IDs.
It’s a peer-to-peer marketplace where cryptocurrencies are traded.
The exchange is completely decentralized and doesn’t require any name, email or verification. For keeping it completely anonymous, the network uses Tor browser and does not hold Bitcoins or fiat in any account or on the server.
Whether it’s the order placement, matching or execution, the network is fully decentralized.
3. Wall Of Coins
It is another option that you can try for buying Bitcoins without having to disclose your identity. Primarily, it’s another cash-based system, but it requires the buyer to deposit the cash in some bank account.
The seller shares the details of their bank account and the buyer has to visit their nearest branch to make the deposit.
The platform holds the coins in escrow and once the deposit is confirmed, the escrow is released.
What’s best for you
So, if you are wondering how to buy Bitcoins anonymously in the US instantly, the above options will work for you. It’s just the matter of deciding which one suits your needs best and you can simply go with it.