How to Buy Bitcoin Anonymously

Nowadays, the cost of entering the cryptocurrency market is usually not only your dollars or euros but also a trove of personal information. The practice of collecting such data from users, known as know-your-customer, or KYC, has been increasingly adopted by major cryptocurrency platforms as regulators around the world become concerned about criminals’ use of cryptocurrency.

You must provide your personal information and identity documents in order to buy and sell cryptocurrency without restriction.

This is done by exchanges to reduce risk. The KYC process aids in the prevention of fraud and money laundering. However, it is not popular among all crypto enthusiasts. It’s critical to understand your options if you want to remain anonymous while purchasing Bitcoin.

Top 10 Ways to Buy Bitcoin Anonymously and Without ID

There are many platforms in the world where you can buy bitcoin secretly, but it is difficult to find a trusted one. We have listed 10 platforms where you can easily buy Bitcoins that are reliable and anonymous.

Binance

binance

Binance is a top platform for trading over 150 cryptocurrencies, including Bitcoin. It enables you to purchase bitcoin using a credit card with no verification. It also includes an API for integrating your current trading application.

Only a photo ID is required for verification.

Features:

  • This application provides a variety of tools for online trading.
  • It is one of the most secure Bitcoin wallets, with 24-hour support.
  • This platform supports Web, iOS, Android, and PC clients.
  • Binance provides both basic and advanced trading exchange interfaces.
  • There is no KYC required for a daily withdrawal of 2 BTC.

Important Data:

  • Bank transfer (ACH), credit card, debit card, PayID, and cryptocurrency deposits are all accepted.
  • Fees and limits are as follows: 0.02 percent maker fee and 0.04 percent taker fee. Your purchase method will determine your limits.
  • Good security.
  • Chat and email support are available.

You can pay less commission with a Binance referral id.

Paybis

paybis

Paybis is a cryptocurrency exchange that makes it simple to buy Bitcoin with a debit or credit card. This platform accepts Bitcoin, Litecoin, Ripple, Stellar, Tether, and other cryptocurrencies.

Verification: Minimal documentation is required.

Features

  • It uses security standards to keep your data safe.
  • Live customer support is available 24 hours a day, seven days a week.
  • You can get Crypto from anywhere.
  • Allows you to verify your Paybis account in a matter of seconds.

Important Data:

  • Bank transfer, credit card, cryptocurrency, Neteller, and Skrill are all acceptable methods of deposit.
  • Fees and limits differ.
  • Strict security measures are in place.
  • Support. Email and live chat are available.

The Paxful

paxful

Paxful is a popular peer-to-peer Bitcoin marketplace that accepts over 350 payment methods. This Bitcoin wallet is simple to use and profitable for both beginners and veterans.

There is no need for verification.

Features:

  • You can withdraw funds from your bank account directly.
  • Transfer funds to your bank and PayPal accounts.
  • Make sure your money is safe.
  • Exchange hundreds of digital currencies.
  • Bank transfers are used to buy and sell bitcoin.

Important Data:

  • Bank transfer, cash, PayPal, credit or debit card, or Payoneer are all acceptable methods of deposit.
  • Fees and limits: No fee for buyers; 1% of the transaction value for sellers.
  • Good security.
  • Support is available via phone, email, and community forums.

LocalBitcoins

localbitcoins

LocalBitcoins is a peer-to-peer (P2P) platform that allows users to purchase an unlimited amount of Bitcoin and Ethereum. This Bitcoin exchange accepts a variety of payment methods.

There is no need for verification.

Features:

  • Escrow protection is provided to ensure the Bitcoin and both traders’ safety.
  • There are no minimum or maximum transfers.
  • More than 200 countries have it.
  • There are numerous methods for delivering fiat currency.

Important Data:

  • Deposit options include cash on delivery, mail, PayPal, WebMoney, Western Union, and wire transfer.
  • Fees and Limits: Buyers are not required to pay any fees to the site. This site, however, charges sellers a 1% fee in addition to a Bitcoin network fee. Purchases of unverified Bitcoin should be limited to $1000 per year.
  • Good security.
  • There is no need for verification.
  • Ticket support: approximately 2or 3 days.

PrimeXBT

primexbt

PrimeXBT is a cryptocurrency exchange that gives users access to multiple markets through a single account. It provides simple access to cryptocurrency, stock indexes, commodities, and forex.

Verification: There is no need for verification or KYC.

Features:

  • Use up to 200x leverage to improve your trading results.
  • It allows you to automatically replicate the trading activity of experts in order to achieve the same results.
  • Multiple liquidity providers allow for the best prices as well as the ability to profit from both rising and falling prices.

Important Data:

  • CEX, Coinify, Paxful (P2P), credit/debit card, and SEPA transfers are accepted as deposit methods.
  • Fees and Limits: PrimeXBT charges a very low 0.001 percent fee.
  • Security: PrimeXBT uses Multisignature technology to support cold storage of digital assets.
  • Support is available 24 hours a day, 7 days a week via Chat/Email.

Cex.io

cex.io

Cex.io is a platform for buying and selling Bitcoins. It accepts MasterCard, Visa, and PayPal Debit MasterCard for deposits. To secure assets and data, this online program employs scalping and frequency trading strategies.

There is no need for verification.

Features:

  • Users can exchange USD for Bitcoins, Ethereum (a distributed computing platform open source), and XRP (Ripple).
  • It protects against DDOS (Distributed Denial-of-Service) attacks by encrypting all data.
  • You can trade with leverage greater than 10x without opening a new account.
  • It is compatible with platforms such as mobile devices and websites.
  • Cex.io provides service in over 35 states across the United States.
  • It enables you to purchase bitcoin using a debit card with no ID verification.

Important Data:

  • Deposit options include credit and debit cards, SEPA, ACH, Faster Payments, Skrill, and Qiwi.
  • Fees and Caps Maker fees range from 0-0.16 percent to 0.10-0.25 percent. It allows you to deposit $100 per day with no ID required.
  • Average security.
  • Email and chat support are available.

LocalCryptos

localcryptos

Localcryptos is a cryptocurrency exchange that allows you to buy bitcoin with a debit card on cryptocurrency platforms with no ID verification. It has buyers and sellers in nearly 15,000 cities worldwide.

There is no need for verification.

Important Data:

  • Deposit options include credit cards, debit cards, SEPA, and ACH.
  • Fees and limits are set at 0.25 percent for the maker and 0.75 percent for the taker.
  • Security: safe.
  • There is no need for verification.
  • Support: Excellent.

BitQuick

bitquick

Users of the BitQuick cryptocurrency exchange can purchase Bitcoin without providing identification. It allows you to sell Bitcoins quickly and securely at your own price.

Verification is not required up to a limit of $400.00.

Features:

  • Provides premium service for purchasing Bitcoin in just three hours.
  • Transactions are safe and quick.
  • You will receive your Bitcoin within three hours of the payment is verified.

Important Data:

  • Bank transfers, Western Union, MoneyGram, and cash deposits are accepted as deposit methods.
  • Fees and Limits: There are no fees or limits when selling Bitcoin through Bitquick. However, the buyer of Bitcoins is charged a 2% fee.
  • Security: BitGo’s multi-signature wallet protects user deposits.
  • Support: Bitquick’s customer service is available 24 hours a day, 7 days a week.

ShapeShift

shapeshift

ShapeShift is a cryptocurrency exchange that allows you to buy Bitcoins without having to verify your identity. However, you must first purchase altcoins or other digital tokens.

Verification: You can buy Bitcoins with no ID, but you must first purchase altcoins or other digital tokens such as Litecoin, Ripple, Tether, and others.

Features:

  • It allows you to maintain financial privacy, transparency, and security.
  • It allows you to quickly and easily trade hundreds of coins.
  • Allows you to create a wallet to store your cryptocurrency in seconds.

Important Data:

  • Method of Deposit: To buy Bitcoins with ShapeShift, you must first deposit altcoins or other digital tokens.
  • Verification: You can buy Bitcoins with no ID, but you must first purchase altcoins or other digital tokens such as Litecoin, Ripple, Tether, and others.
  • Support is available via Ticket.

Coinbase

coinbase

Coinbase is a Bitcoin exchange that can be used to buy, sell, transfer, and store digital currency. It securely stores a wide variety of digital assets offline. More than 100 countries are supported by this free platform.

Features:

  • You can buy, sell, and track all digital currencies in one place.
  • Currency trading can be done on a daily, weekly, or monthly basis.
  • It safeguards your funds by storing them in a vault.
  • Coinbase is one of the most significant cryptocurrency exchanges.
  • Sign up and receive $5 in free Bitcoin.
  • iOS and Android devices are supported.

Important Data:

  • Bank transfer (ACH), credit card, debit card, bank transfer, and wire transfer are all acceptable methods of deposit.
  • Fees and Caps Card Withdrawal: Up to 1.5 percent of the transaction plus a minimum of $0.55.
  • Good security.
  • Chat and email support are available.

Conclusion

To summarise, if you don’t want to verify your identity in order to buy cryptocurrency, you have options. The best place to start is with decentralized exchanges like Bisq or LocalBitcoins. These are typically much less expensive than using a Bitcoin ATM.

Consider how important it is to you to avoid identity verification before choosing either option. The KYC process can be inconvenient and time-consuming, but with a centralized exchange, you only need to go through it once.

You can choose any of the best cryptocurrency exchanges if you’re willing to verify your identity. Many are far more user-friendly than decentralized exchanges or Bitcoin ATMs, and you may also be able to get a better deal when purchasing.

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