Generally, you need to verify your identity to buy Bitcoin and other cryptocurrencies freely in Globally. However, if you are looking for anonymous transactions, that is also possible. However, buying Bitcoin anonymously will cost almost 5-10% extra.
Why make anonymous Bitcoin transactions?
Bitcoin is not truly anonymous. The blockchain provides complete transaction history, which lets a diligent person find out your identity. Suppose someone attaches an identity to the addresses you are transacting with this data. They can easily find how much Bitcoin was transferred when it was transferred, and who was sending and receiving it.
- Bitcoin is valuable; therefore, someone might make a person target who owns a lot of Bitcoins. Unlike any other asset, a limitless amount of Bitcoin can be stolen all at once.
- There is no limit on how much Bitcoins can be stolen all at once, and no authority can halt a suspicious transfer.
- Sometimes remaining anonymous might be the safe and smart choice.
- Some individuals may prefer keeping their finances private for other reasons as well.
- Person involved in espionage activities would be interested in remaining anonymous. Still, there are many legitimate reasons to cover your tracks.
- Some time is needed for the exchanges to verify your identity.
- Customers do not have enough trust for the exchange platform.
- Not able to buy with Identify proof due to an individual’s location.
Following is a handpicked list of Top exchanges that allow you to buy Bitcoin without ID proof, with their popular features and website links.
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Bitcoin Exchanges to buy cryptocurrencies without ID
1) Paybis
Paybis is a cryptography exchange that enables you to buy Bitcoin with a debit card or credit card with ease. This platform supports Bitcoin, Litecoin, Ripple, Stellar, Tether, and more.
Verification: Requires minimal documentation.
Features:
- It keeps your data secure using security standards.
- Provides 24/7 live customer support.
- You can buy Crypto from any place.
- Enables you to verify your Paybis account in just a few clicks.
Key Specs:
- Deposit Method: Bank transfer, Credit card, Cryptocurrency, Neteller, Skrill.
- Fees and Limits: Vary.
- Security: Strict security standards.
- Support. Live chat and email.
2) Binance
Binance is one of the best platforms for trading more than 150 cryptocurrencies which includes Bitcoin. It allows you to buy bitcoin with credit card with no verification. It also provides an API that helps you to integrate your current trading application.
Verification: Only photo ID proof is needed.
Features:
- This application offers a wide range of tools for trading online.
- It is one of the safest Bitcoin wallets that provides 24/7 support.
- This platform is compatible with Web, iOS, Android, and PC clients.
- Binance offers basic and advanced exchange interfaces for trading.
- No KYC for daily withdrawal of 2 BTC.
Key Specs:
- Deposit Method: Bank transfer (ACH), Credit card, Debit card, PayID, Cryptocurrencies.
- Fees and Limits: 0.02% maker fee and 0.04% taker fees. Your limits will vary depending on your purchase method.
- Security: Good.
- Support: Chat and email.
3) Cex.io
Cex.io is a platform that helps you to buy and sell Bitcoins. It allows you to deposit funds using MasterCard, Visa card, or PayPal Debit MasterCard. This online program follows scalping and frequency trading strategies to secure assets and data.
Verification: No verification is needed.
Features:
- Users can trade USD for Bitcoins, Ethereum (open-source distributed computing platform), and XRP (Ripple).
- It protects against DDOS (Distributed Denial-of-Service) attacks by providing full data encryption.
- You can trade with more than 10x leverage without creating a new account.
- It supports platforms like mobile devices and websites.
- Cex.io gives service in more than 35 states of the USA.
- It allows you to buy bitcoin with debit card with no id verification.
Key Specs:
- Deposit Method: Credit card, Debit cards, SEPA, ACH, FasterPayments, Skrill, Qiwi.
- Fees and Limits Maker: 0-0.16% Maker fees and 0.10-0.25% Taker fees. It allows you to deposit $100/day without any ID proof.
- Security: Average.
- Support: Email and Chat support.
4) Paxful
Paxful is the popular peer-to-peer marketplace to buy and sell Bitcoin with more than 350 payment methods. This Bitcoin wallet is easy to use for beginners and veterans alike to make a profit.
Verification: No verification is needed.
Features:
- You can withdraw directly from your bank account.
- Send funds to your bank account and Paypal account.
- Provide the safety of your money.
- Trade in your hundreds of digital currencies.
- Sell and spend bitcoin with bank transfers.
Key Specs:
- Deposit Method: Bank transfer, Cash, PayPal, Credit or Debit Card, Payoneer.
- Fees and Limits: No fee for buyers; 1% of the transaction for sellers.
- Security: Good.
- Support: Phone, email, community forums.
5) LocalBitcoins
LocalBitcoins is a non-custodial P2P platform that allows users to buy unlimited amounts of Bitcoin and Ethereum. This Bitcoin exchange supports various payment methods.
Verification: No verification is needed.
Features:
- Offers escrow protection to ensure the Bitcoins and both traders are safe.
- No minimum or maximum transfers.
- Available in more than 200 countries.
- Many methods for fiat currency delivery.
Key Specs:
- Deposit Method: Cash on delivery, cash through the mail, PayPal, WebMoney, Western Union, and Wire exchange.
- Fees and Limits: Buyers are free from paying any fee to the site. However, sellers are charged a 1% fee along with a Bitcoin network fee by this site. Limit unverified Bitcoin purchases to $1000 per year.
- Security: Good.
- Verification: No verification is needed.
- Support: Ticket approximately 2-3 days.
6) LocalCryptos
Localcryptos is a cryptocurrency exchange that allows you to buy bitcoin with debit card with no ID verification on the crypto currency platforms. It has buyers and sellers in nearly 15,000 cities across the world.
Verification: No verification is needed.
Key Specs:
- Deposit Method: Credit card, Debit cards, SEPA, ACH.
- Fees and Limits: 0.25% for the maker and 0.75% for the taker.
- Security: Secure.
- Verification: No verification is needed.
- Support. Very good.
7) Coinbase
Coinbase is a Bitcoin exchange that can be utilized for purchasing, selling, transferring, and storing digital currency. It securely stores a wide range of digital assets in offline storage. This free platform supports more than 100 countries.
Verification Identity document verification.
Features:
- You can buy and sell any digital currency and keep track of them in one place.
- You can schedule your currency trading on a daily, weekly, or monthly basis.
- It stores your funds in a vault for safety purposes.
- Coinbase is one of the largest cryptocurrency exchanges.
- Get $5 in Bitcoin on First Trade
- Supported platforms: iOS and Android devices.
Key Specs:
- Deposit Method: Bank transfer (ACH), Credit card, Debit card, Bank transfer, and Wire transfer.
- Fees and Limits Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55.
- Security: Good.
- Support: Chat and mail.
8) BitQuick
BitQuick crypto exchange allows users to buy Bitcoin without ID. It enables you to sell Bitcoins conveniently and securely at your price.
Verification: No verification is needed up to the limit of $400.00.
Features:
- Provides premium service to buy Bitcoin in just 3 hours.
- Secure and fast transactions.
- Once the payment is verified, you will get your Bitcoin within a 3-hour timeframe.
Key Specs:
- Deposit Method: Bank Transfers, Western Union, MoneyGram, and cash deposits.
- Fees and Limits: Bitquick does not charge any fee on selling Bitcoins. However, 2% fee is levied on the buyer of Bitcoins.
- Security: User’s deposits are secured using BitGo’s multi-signature wallet.
- Support: You can 24*7 reach out to Bitquick’s customer support.
Link: https://bitquick.co/
9) Bisq
Bisq is open-source, peer-to-peer software that allows you to buy and sell cryptocurrencies in exchange for national currencies. It allows you to buy bitcoin with credit card with no verification.
Moreover, Bisq does not hold any fiat currency (i.e., Dollars, Euros). Fiat currency is transferred directly from one trader to the other.
Verification: No Identity Verification.
Features:
- It allows you to store your data locally on disk and is never sent to a central server.
- It provides open-source code, and its project strategy is discussed openly on Keybase and GitHub.
- It offers decentralized governance for a decentralized exchange.
Key Specs:
- Deposit Method: Wire transfer, Credit Card.
- Fees and Limits: Maker fees: 0.1% fee and Taker fees: 0.3%.
- Security: Bisq never holds your funds. Deposits are held in 2-of-2 multi-sig wallets to encourage safe and successful trades.
- Verification: No Identity Verification.
- Support. Good.
Link: https://bisq.network/
10) ShapeShift
ShapeShift is a crypto exchange that allows you to buy Bitcoins without verification. However, for that, you need to buy altcoins or other digital tokens before buying.
Verification: You can buy Bitcoins with no ID, but you need to buy altcoins or other digital tokens like Litecoin, Ripple, Tether, etc., before buying.
Features:
- It helps you to keep control of your financial privacy, transparency, and security.
- It enables you to trade Hundreds of coins quickly and easily.
- Allows you to create a wallet in seconds to store your Crypto.
Key Specs:
- Deposit Method: You need to deposit altcoins or any other digital tokens to buy Bitcoins using ShapeShift.
- Verification: You can buy Bitcoins with no ID, but you need to buy altcoins or other digital tokens like Litecoin, Ripple, Tether, etc., before buying.
- Support: Provided via Ticket.
Link: https://shapeshift.com/
Use a Bitcoin ATM
Another method to buy Cryptocurrency without ID is to reach your nearby Bitcoin ATM and purchase Bitcoins from the ATM by cash currency (Dollar, Euro, Pound, etc.).
When you are asked to enter your Bitcoin address at the ATM, just specify that you do not have one. In many cases, this will automatically generate a new paper wallet for you. After that, you can import the private key from that paper wallet and send those Bitcoins wherever you like.
How to buy Bitcoins from Bitcoin ATMs?
Bitcoin ATM map helps you to reach to nearest Bitcoin ATM.
Here is the process you need to follow for this:
Step 1) Go to Bitcoin ATM and scan the QR code of your Bitcoin wallet address. You will get Bitcoins at this address itself. In some cases, the machine will generate a paper wallet.
Step 2) You are likely to be asked to Scan your fingerprint or any other verification depending on the configuration of the ATMs and manufacturers.
Step 3) You need to enter the number of Bitcoins you want to purchase (you can also enter the amount of fiat currency you want to spend).
Step 4) At last, you have to insert the cash and wait for few seconds until your Bitcoins are delivered to your Bitcoin wallet address.
Use a Prepaid Card
Another way to buy Bitcoin by staying anonymous is to use a prepaid credit card that you can get from any bank. You can use this prepaid card to buy Bitcoins through sellers without any identification from LocalBitcoin, Paxful, etc.
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Buying Guide:
❓ Why do many people want to buy Bitcoin without an ID?
Here are some common reasons why people don’t want to share their personal information:
- Bitcoin is valuable; therefore, someone might make a person target who owns a lot of Bitcoins. Unlike any other asset, a limitless amount of Bitcoin can be stolen all at once.
- There is no limit on how much Bitcoins can be stolen all at once, and no authority can halt a suspicious transfer.
- Sometimes remaining anonymous might be the safe and smart choice.
- Some individuals may prefer keeping their finances private for other reasons as well.
- Person involved in espionage activities would be interested in remaining anonymous. Still, there are many legitimate reasons to cover your tracks.
- Some time is needed for the exchanges to verify your identity.
- Customers do not have enough trust for the exchange platform.
- Not able to buy with Identify proof due to an individual’s location.
⚡ Why will you face a problem when buying Crypto without ID?
Here are issues that you would face when buy Cryptocurrency without ID:
Regulatory parties are now imposing additional limitations on cryptocurrency exchanges, especially in the USA, as they need more governmental certifications to be considered as an exchange.
Bitcoin is not anonymous as users send and receive Bitcoin by providing their public keys, described as anonymous tags stored in the blockchain forever. The easiest way to understand this transaction method is by looking at authors that write under a pseudonym. Suppose the real author’s identity is discovered to be linked with the pseudonym, so their previous work will automatically be discovered. In the same way, if your public key is identified, then all your previous transaction history can be identified.
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❗ How to use Bitcoin Anonymously?
Here are some useful methods to make Bitcoin transactions anonymously:
Bitcoin Mixing:
Bitcoin mixing is a process that helps you to break the linkability or traceability. This process breaks the link between Bitcoin addresses by creating temporary addresses. You can swap coins with other addresses of the same value.
Tor- Onion Router to stay anonymous:
You can use the Tor browser to connect with the Bitcoin network. Tor browser routes and encrypts the Internet traffic that helps you route from random computer nodes before reaching the final destination.
Use Logless VPN:
A No-Log Virtual Private Network (VPN) is a network that does not store your activities’ history on their servers. This helps you encrypt all Internet traffic and routes. It uses multiple servers of different locations before reaching the final location.
Always use New Address for Transactions:
Many popular Bitcoin wallets are HD (Hierarchical Deterministic) wallets that allow you to generate a range of receiving addresses. Whenever you get Bitcoins, a new address is used for this purpose.
Buy/Sell Bitcoins in Cash:
Another method of anonymous transactions is by doing face-to-face cash transactions. Exchanges like Localcryptos provide this service.
🏅 How to improve privacy while handling Cryptocurrencies?
Here are some tips which helps you to improve privacy while handling Cryptocurrencies:
- The first and most important way to protect your digital currency is to choose a secure wallet.
- Secure your devices.
- Regularly back up your crypto data.
- You should dedicate one device to cryptocurrency only.
- Never keep your fund in one wallet.
- Public Wi-Fi is not secure and safe.
- Enable strong authentications.
👉 How can you buy Bitcoin or Ethereum with a credit card without ID verification?
In most crypto exchanges, you need some or other way of verification. Here are crypto exchanges that allow you to perform limited transactions without any ID proof:
- LocalCryptos
- Cex.io
- Paybit
- Binance
🚀 Is it safe to buy Bitcoin with Credit Card?
Buying any Bitcoin with your credit card’s help is almost similar to buying it using any other payment method. Both are equally secure. But always buy it from authentic sources only. Many scamming sites are running in the crypto world.
