Whether or not we like it, crypto is here to stay with us. Although the recent downs for Bitcoin exchanges make investors uneasy, it seems like the worst is behind them. Crypto is getting stable, so the investments are getting more frequent. 

Nevertheless, many Bitcoin addresses are getting more and more interested in the concept of anonymous Bitcoin purchases. With the idea of a decentralized exchange being more private than your usual payment methods, it seems it is still not anonymous. Your transactions are being tracked, and getting involved in this payment method is still considered public, and you can get tracked by financial institutions. 

But it’s not impossible! You can easily hide your Bitcoin address or connection to the whole Bitcoin network to become an anonymous user and ultimately get off the grid.

In this article, we will show you how to purchase Bitcoin – anonymous edition (and without Anonymous involvement, hopefully).

With our guide, you can have anonymous Bitcoin transactions, buy Bitcoin without ID, or just not get tracked with your investments. So, without further ado, let’s dive into it!

The two problems that most people have with buying Bitcoin without verification are two acronyms – KYC and AMC. Those are the main obstacles that prevent you from buying Bitcoin anonymously. Those are also some of the most essential safeguards for creating a working society, but that’s beside the point.

KYC

KYC stands for Know Your Customer. It’s an advanced verification process for customers' identities to ensure they are the people they are claiming to be. You must have gone through this process before, even without knowing it, when creating your bank account, paying for things online, or doing anything else with your money that is not cash. It’s mainly used to prevent fraudulent activities, money laundering around the globe, etc. 

How does it work? Well, depending on what kind of bank you are operating under or a financial institution, you will be asked for personal information and documentation to confirm that you are, indeed – you. You may be going through additional steps to confirm everything, like showing your ID and accepting the transaction in your mobile app. Banks may ask you for plenty of things in the end. It aims to limit the risk that that is associated with transferring money.

AML

On the other hand, we have the AML, aka Anti-Money Laundering. Those are all the laws and regulations, with procedures sprinkled on top of them that you must adhere to if you want to make any transactions whatsoever. Those are usually internationally recognized, so they have no “free” space. 

Those regulations aim to prevent illegal activity when obtaining funds from illicit activities and then legalizing them through different institutions. The goals of these laws are similar to the KYC, and the ways of legitimizing parties are also identical. Here, you may come across similar techniques to identify customers and report potentially suspicious activities. Both of those methods are extremely important in the process of monitoring illegal activities around the world.

…but, you can kind-of, sort-of get around it? Don’t get us wrong, we are not encouraging any malicious activity and using these techniques to launder money, but there are plenty of reasons why someone would like to get off the grid with their Bitcoin investments.

Some people do it for privacy reasons, some because they don’t want to pay taxes in a particular state. Sometimes, they just don’t want to show their personal information as they may be prone to exposure. In some cases, it’s illegal to trade crypto in some states around the world. 

KYC also creates the need for phone verification in some instances. That can cause some stressful calls from banks that would like to know what you are trying to do exactly. Even more, decentralization is something that people are aiming for with the whole crypto concept. Adding their name to it kind of defies the purpose. Especially considering the fact that the crypto-exchanges are prone to attacks, and, as there is no governing body over them, you will not be able to make sure that your information is secured out there.

That’s why people are opting for privacy. Anonymous Bitcoin transactions work great if you only try to use it for investment purposes. If for anything else, it may lead to some problematic situations where you will be risking your investment and even jail time. Let’s review some of the most popular ways people sell their Bitcoin anonymously online.

There are several ways to buy Bitcoin anonymously. Whether it’s a fiat currency or something more advanced, anonymous transactions can be achieved in several ways. Of course, staying completely anonymous may be more challenging, but purchasing Bitcoin can be limited regarding volunteering information.

P2P Marketplace

In our experience, the easiest way to sell your Bitcoin online without anyone knowing about it is through P2P marketplaces. Especially – those offline ones. How does it work? You simply meet up with a person, agree to terms and conditions beforehand, and hand them some cash in exchange for Bitcoin getting transferred to the desired account or bringing the whole account transferred.

There are a couple of problems with this particular situation. For starters – you can easily get robbed, as you will be walking around with some substantial amount of cash, meeting with some stranger you met online. In our experience – multiple red flags. Additionally, you can simply get scammed. So, it’s not the best method after all.

Gift Cards

What is a much easier way of getting anonymous Bitcoins is to trade gift cards! That way, you will not get Bitcoin but a gift card that only refers to it in some shape and form. First, you need to find a platform, such as RoyalCDKeys.

Nevertheless, the idea is pretty simple: you buy a gift card from a sale based on the exchange rate and reputation. Then, you trade it by selecting the amount of Bitcoin you purchase. After providing the gift card data, you can change it with other entities on the market. After the seller confirms the Bitcoin, they will transfer it from escrow to your wallet. Then, you can transfer Bitcoin from the platform’s wallet to your secure Bitcoin one.

On RoyalCDKeys, you can pay for those gift cards with credit or debit cards with no issues whatsoever. Even more, transactions on RoyalCDKeys are not connected to the crypto sphere, as some financial institutions or particular state regulations may have issues with that. And finally – there are no limitations or any verification whatsoever. You buy a gift card, activate it, and send it to your wallet from there.

Bitcoin ATM

Next, you have the option of utilizing Bitcoin ATMs. Those work like regular ATMs, but they sell you Bitcoins or other altcoins you choose. The whole transaction goes through the blockchain, but instead of putting all your information, you just scan a QR code, and the Bitcoin is transferred to your account. And, if you want to be completely anonymous, you can even get a paper wallet that will be printed out, and you can send Bitcoin wherever you want from there.

A couple of things may cause an issue with that method. For example, those machines are relatively rare to come by. There are nearly 40,000 of them worldwide, and trust us – not everyone you have seen is the legitimate one. Additionally, like with most ATMs, there are transaction fees. Your typical withdrawal is usually a few bucks, but that does not make that much of a difference. But, if you withdraw a couple of thousands of dollars worth of Bitcoin, the 7% or even 20% transaction fee may hurt you quite a bit.

DEXs

Another way of getting your Bitcoins out of the network is to use decentralized exchanges. Those are all working without any centralized authority that is reigning over them. You will not have to disclose any personal information, as you will get all of it through undisclosed sources. 

You can buy or sell Bitcoin anonymously with your private key and secure wallet. DEXs allow their users to trade without additional information, but you need to remember that there is no centralized authority over it. You may feel like contacting someone, but there is no one to get. So, if you know what we mean, there are not many ways of complaining about the product. Additionally, there is a limited amount of crypto on those platforms, so keep that in mind when looking for additional coins.

Mail

But did you know that you can also send Bitcoin by mail? Well, there is. It costs about 2% of the transaction, and you can send the platform cash by mail. The only downside is that you must find the right place for this particular product type. Because sending money by mail is extremely difficult, remember to trade Bitcoin safely and keep your private keys private!

Special Exchanges

Next, we have the unique exchanges that are privacy-focused. Their only goal is to ensure that you can buy Bitcoin without verification. There are plenty of ways that they can accomplish that. We will not delve into technical details, but let’s just say – they have their methods. But some of those exchanges are a bit pricey, so use them wisely and only if you need them 100%.

Brokers

And finally, we have brokers. Here, you can receive Bitcoin with a prepaid credit card (or prepaid debit card) that does not need identification. That way, P2P services utilize prepaid debit cards with no issues and no registration.  Anonymous Bitcoin buying with prepaid cards may not be easier than with crypto exchanges, but staying anonymous is more straightforward.

So, now that we know the methods that can make your Bitcoin purchase more accessible and – anonymous, let’s go over the places where you can do that. Plenty of sites do not require any KYC verification to swap coins or buy Bitcoin anonymously 

with cash. Whether you use a digital or hardware wallet – you can purchase crypto anonymously. 

Although everything is on the Blockchain, that does not mean that your name and account number must also be there. With the growing popularity of VPN (virtual private network) services, buying crypto anonymously is getting more and more interesting each day.

So, to get in front of this trend, let’s review some of the most exciting platforms offering anonymous trading without personal details or ID verification.

RoyalCDKeys

Of course, we are definitely recommending….ourselves – RoyalCDKeys. Our platform is mostly known for providing users with cheap keys for gaming and software, but this time, offers something completely different – Crypto Vouchers. How does it work? Well, it’s pretty simple, and it works pretty much the same as Steam gift cards.

If you buy a voucher on RoyalCDKeys for, let’s say, one BTC, you are eligible to exchange this voucher at the partner websites for, well, one BTC. You can buy as much as you want: ten dollars of Bitcoin, 50 dollars worth of Bitcoin – you name it. And your name will be nowhere near the blockchain. Because our site is mostly considered a key reseller, none of your purchases will get flagged for being cryptocurrency (as some states may have an issue with that), and you will be able to exchange your voucher for Bitcoin at the partnered websites.

Even more, at RoyalCDKeys, you can not only pay with your credit or debit cards but also – without KYC involvement whatsoever. 

If you’re still confused about it, let’s go over the steps you need to take in order to buy and exchange crypto vouchers from RoyalCDKeys.

• Create or log in to your RoyalCDKeys account; 

• Buy a Crypto Voucher for Bitcoin

• Go to Cryptovoucher.io

• Click “Redeem”

• Enter the code you have just purchased

• The Bitcoin amount will get transferred to your account from the gift card

• And voila! – you have the coins added to your wallet!

Remember – you have 180 days to redeem the purchase, so make haste if you don’t want to lose your money. It’s especially important, considering that Bitcoins tend to be a long-term investment, so if you keep it too long, you will lose money in the process.

Binance

Let’s start with the one, the only – Binance. It’s one of the most popular crypto exchanges ever created, where no bank transfer is necessary to get your crypto instantly. Most crypto exchanges offer you an incredible amount of coins for sale, but not many offer the option to get them anonymously. You just need an internet connection.

It’s a seamless user experience without regulatory bodies standing over your shoulder. Additionally, allowing users to pay with cash while remaining anonymous is a great way of getting Bitcoins without revealing your identity.

To access the anonymous part of Binance, you need to go to Binance P2P and select the “Cash in person” option to schedule a meeting with the trader. Thanks to that, the transaction fees are relatively low, as you don’t have to put any roadblocks between the user and the trader. It’s 3.5% per transaction or 10 dollars. It’s pretty basic, and you can keep your digital footprint clean with no KYC and AML involvement.

eToro

Next up, we have eToro. It’s an exciting platform for social investing and trading. Here, you don’t need any verification for trades that will not exceed 1000 dollars. The only downside of this platform is that even to create an account there, you need to give all of your information upfront. That means not only your phone or name but a copy of your ID and passport. It’s a lot, but that way, you will never be seen on any blockchain whatsoever, only in the fine print of the eToro website.

eToro offers dozens of different payment methods, so you will surely find something to your liking. You can even connect your bank account to it if you want, but it also provides support for most crypto wallets. Additionally, trading fees are pretty low; as for Bitcoin, it’s 1% of every buy/sell, so it’s not that much compared to the competition.

Swapzone

Next up, we have Swapzone! It is one of the key exchanges when it comes to finding the best rates across many different places. Swapzone is not only an exchange. It’s an exchange aggregator that enables users and traders to find the best deals on the market without having to go through dozens of documents in order to get the one and only holy grail of deals. 

Here, you can trade cryptocurrencies easily, without a paper trail, your IP address being leaked, or any two-factor authentication. It does not require ID verification on any sites where you buy crypto. But it’s only for the Crypto-2-Crypto transaction. If there is some fiat money involved, you need to have an account on any of the places you will be trading with.

With Swapzone, you are able to exchange crypto-to-crypto, crypto-to-fiat, and fiat-to-stablecoin without anyone knowing who you are. Of course, with the restrictions mentioned before.

Is it the best thing ever for cryptocurrencies? Well, it depends. You can easily trade your coins and stay anonymous online, but you have to create different accounts if you want to do anything but trade crypto-2-crypto. This may mean disclosing your personal information as well. It allows you to buy crypto and does not require identification, but it does not mean that other sites would do the same.

Nevertheless, it’s a great site if you want to compare how much your crypto could cost if you would like to purchase it the cheapest way possible. Additionally, there are no swap or exchange fees (at least at the moment of writing this article), so you can buy BTC while staying anonymous and not having to pay extra for the service. In our opinion – it’s a pretty good deal.

CoinSmart

Another platform where you can buy crypto easily is CoinSmart. If you want to get some real money the same day without having to log in to other exchanges, going through the AML compliance while also keeping your private email and keys safe – CoinSmart is a great choice for buying Bitcoins!

The only thing you need to do is to verify your account before getting into trading. Those are the only security measures that are necessary in order to start trading on CoinSmart. You need to add your phone number (for phone verification) and ID, whatever you are using at the moment. It’s a great platform for same-day crypto-to-fiat conversions, as it takes only a few minutes to set it up, and you can wire transfers, buy and sell, and not have to go through the KYC process whatsoever.

You can have instant purchases here with debit or credit cards and instant crypto-to-crypto swaps. As they state in their goals – they want to make crypto simple, without dozens of steps in order to do any action whatsoever. It’s a great platform for those of you who want to sell cryptocurrencies, buy Bitcoins, or whatnot without having to go through tons of issues at every step. If you want to trade directly, this is your website!

So, now you know how to keep your Bitcoin wallet address safe and sound and your crypto assets – away from any wondering eyes. We hope that this guide will help you in your endeavors into the fascinating world of anonymous crypto purchases. 

We have prepared for you some of the most interesting ways of getting some coins into your crypto wallet without having to disclose your information to the blockchain or anywhere near cryptocurrencies. Some of those concepts are smarter than others, with “just meeting with the person” being probably the simplest one, but all of those share a similar idea – not having to provide identity verification is an important part of the process. 

Of course, we are not advocating for any law-breaking activities or using these methods for some shady businesses. We are only providing you with alternatives to the current status quo. We understand that privacy may be an important factor in your life, so that’s the reasoning behind this article.

Thanks for stopping by! As usual, if you have any questions – feel free to ask. We would be more than happy to answer any questions that are in line with the topic of this article. If you have any suggestions on future ones, please let us know. We’ll try our best to meet your needs where they’re at! That’s it for today. Keep yourself online safe, and we will see you in the next one!