In the year 2020, it is still possible to buy cryptocurrencies like Bitcoin, Litecoin, or Etherium without Identification online. This is very useful in hiding the buyer identity or country of residence? Buy Crypto anonymously with Identity Verification.
Here I am going to be showing you the best ways and website exchange platforms to buy BTC anonymously:
LocalBitcoins lets you buy Bitcoin without verifying ID, but only up to 1,000 euros or equivalent per year. It does not let you sell Bitcoin without verifying identity.
Paxful does not require ID verification for account creation but requires verification for accounts that reach the equivalent of US$1,500 in trade volume or wallet activity.
Kucoin only offers crypto-to-crypto trading, but neither requires ID for trading and both offer withdrawals limits of 2 BTC per 24 hours without verification.
Other ways Available:
1. Buy crypto directly from sellers:
These platforms, such as LocalBitcoins and Paxful, allow you to interact directly with other users who want to sell their crypto. Many sellers don’t require you to provide any ID before you buy, so you can arrange to meet up in person and pay cash to a local seller. Online trades are also available.
2. Using a Virtual Prepaid or debit cards with VPN:
Using a virtual prepaid or debit credit card you can buy online from Yandex.money, Payoneer and others, you can also use A VPN app such as Nord VPN, Express VPN, PIA, etc. on your phone or computer to change your country to another location.
VPN and Virtual Cards can help hide your real identity Allow you to purchase crypto without providing proof of ID. You can load a virtual prepaid card with cash and then use it to trade on websites platform list above that doesn’t require proof of ID. Virtual cards are similar to a real Visa gift card you can buy at a supermarket or convenience store without verifying your identity.
3. Use decentralized exchanges:
There are also some decentralized exchanges also known as DEXs, offer a viable alternative for any crypto buyer who doesn’t want to trust a third-party with their funds.
A decentralized exchange such as Mt. Gox, Bitfinex, Coincheck, and Bitgrail is a platform that cuts out the middleman and allows users to trade cryptocurrency directly with one another. This allows traders to retain control of their funds at all times rather than having to entrust them to an exchange provider.
Most of them don’t require any ID verification. You will need to find a way to anonymously obtain crypto using fiat currency before you can use it on decentralized exchanges.