How can I buy bitcoins anonymously?

There are certain ways to Buy bitcoin anonymously either from the internet or real-world, as mentioned below:

1. Buy Bitcoin Anonymously from ATM

Bitcoin ATM is a way to buy Bitcoins anonymously with cash. In this method, the user has to go to the nearest Bitcoin ATM to purchase Bitcoins using cash. This is probably the best way to buy Bitcoins anonymously. However, the ATM is not available to everyone next to him or her.

The ATM asks for the Bitcoin address to make the cash withdrawal. If the user does not have any Bitcoin wallet, it generates a new paper wallet to make the transaction. Then the user can simply import the private key from the paper wallet to send those Bitcoins to other persons.

Does it require any ID for Bitcoin ATM? No. Bitcoin ATMs do not require any ID, but they provide a limited amount of Bitcoins to buy.

What is the fee of Bitcoin ATMs? Most of the ATMs charge a fee between 7%-10%. Some ATMs do not mention the cost explicitly rather keep it hidden with the exchange rate.

2. Buy Bitcoin Using Prepaid Card

This is another way to buy Bitcoin anonymously. To buy bitcoin using the prepaid card, the user should find the local sellers from LocalBitcoins. However, Bitcoin & Other ordinary VISA, MasterCard & PayPal are not the same things as discussed here.

There is a list of sellers in LocalBitcoins who are willing to sell their Bitcoins by cash. The user should find one of them and can buy Bitcoin using a prepaid credit card from them. Moreover, this system includes some local payment methods besides the Credit or Debit card payment.

3. Buy Bitcoin via cash deposits

The idea of Bitcoin Cash deposits is very simple, where the buyer and seller have to agree on an amount. The seller has to deposits the Bitcoins at a provider such as BitQuick. Then, the buyer deposits the cash into the seller’s account, and the firm in the middle releases the coin. This process does not require any Verification ID except the Mobile phone number. It is easy to purchase a phone number with an anonymous email via Skype, for example.

4. Buy Bitcoin anonymously at physical locations

Another easy way to buy Bitcoins is through cash arranged at physical locations. Buying Bitcoin by cash is easy and untraceable, as it does not require any documentation for the transaction. Some of such providers or platforms are LocalBitcoins or Paxful. At Paxful, you can create an account and it requires an email address and verification ID. However, the verification ID process is optional. Similar to LocalBitcoins, Paxful allows the local payment methods besides cash and credit cards.

To know more clearly click Bitcoin Exchange

Conclusion:

The more anonymous a person wants to be, the more effort he needs to surf the internet. Someone is looking to buy a few coins without tracing; he/she just needs to use cash. However, to be very serious about using Bitcoin anonymously, there is no other way than going through the trouble of becoming fully anonymous.