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You should also check out some of these p2p exchanges for more options. Make sure, you use one of these best Bitcoin wallets to receive the funds. The trend of Bitcoin ATMs is not very prevalent. But it is still one of the best ways of buying Bitcoin without an ID. You can simply buy bitcoins from such ATMs in exchange for fiat currency.
Check here if your country has a Bitcoin ATM. Bitsquare is a peer-to-peer marketplace for cryptocurrencies like Bitcoins. It is a fully decentralized exchange that requires no name, email ID, or verification.
Every aspect of this exchange is decentralized from placing the order, to matching the order, to executing it. Currently, it supports cryptocurrencies including BTC and is available on Windows, Mac, and Linux platforms, but trade volumes are low. How Bitsqaure works are beyond the scope of this article. Mycelium Local Trader is brought to you by Mycelium, which is a popular Bitcoin wallet.
It is a feature built into the Mycelium mobile app and is available globally. Caution: Make sure the seller confirms the receiving of cash in front of you on the Mycelium app, and then the trade will be executed automatically.
Download the Mycelium app from Google Play. A Bitcoin seller who has a bank branch near you gives you their bank account details. Once they confirm the deposit, the coins which are held in escrow are released to you. However, Changelly requires you to sign up with an email ID, but you can use an alias one.
I personally use Changelly for their competitive exchange rates and viewable transaction history for tracking. If you have altcoins, then you can buy bitcoins in seconds with no verification. Sometimes you can be identified by your IP or through the private wi-fi which you are using.
Or you might accidentally disclose your Bitcoin public address online somewhere. In the near future, CoinSutra is preparing to share some more proven ways of dealing anonymously with Bitcoin.
So keep checking back for all the latest tips and tricks! Harsh Agrawal is the Crypto exchanges and bots experts for CoinSutra. He has a background in both finance and technology and holds professional qualifications in Information technology.
After discovering about decentralized finance and with his background of Information technology, he made his mission to help others learn and get started with it via CoinSutra. Valuable information and excellent information got here!
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It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Investopedia is part of the Dotdash publishing family.