Can you buy bitcoin anonymously

Display Name. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. While a public address is unknown to would-be hackers or the IRS , sufficient digital snoopery can sometimes uncover the identity of a BTC holder. The cafe owner saw this and called the police, who arrived in 2 minutes as he was going through my phone for bitcoin apps. In the case of the Vancouver ATM, users had to create accounts and scan their palm print. Hi Steven, Thank you for reaching out to Finder. There are also some crypto exchanges that allow you to trade altcoins without verifying your ID.

With Cash or Credit Card

Last updated: 21 June We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners. If you want to buy cryptocurrency without ID verification, there are only a few options to choose from:. These platforms, such as LocalBitcoins and Paxfulallow you to interact directly with other users who want to sell their crypto.

Know Where and How to Buy Bitcoin Anonymously

Follow us on Twitter or join our Telegram. It is a big misconception — largely propagated by mass media — that bitcoin is an anonymous digital currency. The reality is that all bitcoin transactions can be viewed on a public blockchain and are linked to publicly auditable bitcoin wallet addresses. Fortunately, there are several ways you can buy bitcoin anonymously for those who prefer to keep their bitcoin purchases hidden for whatever reason. Essentially, there are four ways you can purchase bitcoin anonymously. Namely, using cash on peer-to-peer exchanges such as LocalBitcoins, using a Bitcoin ATM and staying below the limit that does not require identification, using a prepaid card at specific online exchanges, and purchasing bitcoin on a decentralized exchange. The most popular peer-to-peer bitcoin exchanges LocalBitcoins provides users with the option to make in-person purchases of bitcoin using cash.

Ask an Expert

Paxful P2P Cryptocurrency Marketplace. Search by Location In the can you buy bitcoin anonymously box in the top left, type in the name of your country or city and click enter. Ledger Nano S. Click here to cancel reply. If you want to avoid exchanges altogether, then head over to the Mycelium mobile wallet. These include:. Unfortunately, the halcyon days of purchasing BTC ccan and with a higher degree of anonymity are long gone. Tim Falk.