Bitcoin Forum

Can I link my checking account and my bitcoin account?

Can it be tracked that I am pulling money from my checking account to my bitcoin account by the bank/investigators? My ultimate goal is to send monies back and forth like a ghost so no one and nothing can trace me.

There are exchanges (such as Coinbase.com) that will let you do that.


Yes.


Then don't use a bank account.  The bank and investigators can see every transfer into your bank account and every transfer outof yur bank account.  They can see where those transfers are coming from and going to.  If you don't want to be traced, then you'll need to use CASH and then exchange your CASH for bitcoins.

This is the best and effective way if you do really like anonymous transaction to put up your money into bitcoin because if you will direct they will surely trace you up on where you put your funds which isnt possible on cashing out first and buy bitcoins but theres still a problem on which they will investigate you if they saw unusual activity on your bank account.

As long as you mess with FIAT you'll be trackable. If you use banks, it's obvious, they'll be able to track you. Use cash? They'll track the one who you made the deal and eventually find your tracks.

If you want to stay anonymous; get bitcoins, send bitcoins. Don't let FIAT involved.

Can you linked it?Yes if you will use an exchange that have some features like that.

But about your ultimate goal about sending a money without any trace, then using exchange is not the best option. Once you used an exchange site and linked your checking account there, everything is traceable once an investigation will be conducted. Also there are exchanges that asked some questions if ever they will detect your account having a decent amount of transactions everyday. No worries as it's just part of their standard regulations.

Hmm, I think you are still less understood very well what is bitcoin gave you. Many people use the bitcoin because its benefits are easy to conduct transactions without known owner or someone who commits the transaction. indeed every transaction bitcoin very transparent, but we cannot know correctly who did it.But keep in mind that you must use the bitcoin wisely, if for example you are using it for things that can harm many people then that you harm you later and forever will be remembered by everyone
 

Cmon man. You used your bank account. Of course you will be tracked. Use another option besides that. Almost all your information is there in your bank.
You could buy from person to person and send him the money from your bank account to his. That wont be questioned. You could supply a lie that you just paid him your debt. They wont know you bought bitcoin.

In our country. Coins.ph opened a way to buy bitcoin through 7/11 (convenience store) just by an input of your wallet address. There is no trace to that.

Do not use Bitcoin for your shady activities, there are many other Crypto currencies better suited for that like JailCoin.  :P .... We are trying to get

rid of people who use money for shady activities, because it taints the whole community when this is done. There are valid reasons for financial

privacy, but if you looking for "untraceable" strategies... it looks shady.  >:(

Don't touch a bank account, they can be traced to you

They will get all your privacy

You're one of those people that wants to wreck people's lives not once, but twice?


1. They wreck their own lives by doing something stupid with their money

2. You wreck their lives a 2nd time by advocating that the 1st action should carry additional punishment, administered by the legal system


You should be ashamed of yourself

Like everyone else is saying, don't use bank accounts to buy bitcoins. Just withdraw it then buy from localbitcoins. Do face to face transactions and just don't give out your name. That's always possible anyway. If they accept bank deposits then withdraw it then deposit it their way. Or maybe they accept western union, that is great too. Then just use a mixer to move your funds.

If you're going to commit a crime that requires a long distance payment then bitcoin is your best friend. If you're close enough to pay in cash then avoid even bitcoin for the payment. As others have said, don't involve a commercial bank account at all. In fact, if you are about commit a high dollar crime (like withdrawing $50k for a hitman) don't do that from your bank account all at once. It would be better to slowly collect up part of the money in cash from an income source and part from small irregular withdrawals.

Example: If you earn $1,000 a week, try to get paid in cash. In the same week, withdraw $435 on Tuesday and $565 on Saturday. Now you have $2k in cash. The next week, earn $1k in cash and withdraw $315 on Monday, $275 on Wednesday, $123 on Friday and $287 on Sunday. Now you have $4k in cash. Do that until you collect the necessary amount then buy btc from direct sellers in small quantities from local people on LBC. Try to use as many different sellers on LBC as possible so no one individual can be found to testify as to the amount of bitcoin you purchased. I've always believed that crime was bitcoins best destiny but you need to think it through and be smart about it.

BTW: On one of the days that you withdraw cash make yourself seen at a local gambling establishment. Go to a horse race track or casino and get into an argument with security. Security will note the incident and you have an iron clad excuse for the cash withdrawals.

Can you be tracked if you don't attach any personal info to our bitcoin account?

If you do withdrawal bitcoin to fiat money via account of bank, it can be tracked by bank and investigator
but if you want do arbitrage and be anonymous, you can use service of https://uquid.com no identity needed on there and can make withdrawal in fiat money use debit card via ATM, but the problem is on the high fees transaction.

If you want full anonymity then you will suffice for high end transaction fee if its okay to you then this suggestion would also a good choice but if you don't like big fee then better stick to traditional way but being tracked by government will always be there.

Yes it can be tracked but when you have bitcoin and send them back and forth using hardware wallet or light weight wallet like electrum it will be hard for authority to track your bitcoin transactions.

For additional privacy use well known bitcoin mixing services like bitmixer.

I guess, you can have it by coinbase they have good service of exchange.
And I guess it is not that trackable.
I hope this questions were not raise due to illegal transaction to be made on.

Withdraw your money and top up your bitcoin account, it is more safer.

It's definitely trackable, Coinbase have to keep these transactions accessible to the authorities, especially since the bank (obviously) knows about all transactions out of your account.

The only way to actually do it is to take your bank account money into physical cash, since they don't know exactly how you spend that cash, and you can then exchange that for Bitcoin on LocalBitcoins or another useful exchange.

I guess this is impossible once you use bank you will always be traced.  You better try to cash out you money from bank and load up you bitcoin address that is how it works here in my country and for sure that would be safer..Anyway I tried to use coinbase, from my bank account before and it is smooth no problem traced

Yes you can link your bank account to your bitcoin account inside the exchange. But of course in the exchange you will need to submit valid and legal ids to the exchange before doing any transactions such as purchase of bitcoin or converting your bitcoins into cash. But of course your transactions will be tracked only if somebody will track it. You do not need to worry only the central banks are going to look at the transactions and if you committed any crimes then thats where the police will come in.

Personal Info in BITCOIN ACCOUNT? Bitcoin uses an anonymous every time you make a transaction. It is the very good feature that bitcoin gives to its user. Bitcoin did not reveal who you are.

It is clear that many people believe that bitcoin usage is anonymous and nobody can reveal their real identity. I do not know why they have this opinion but would be better for them to understand that bitcoin is only pseudonymous (http://bitcoinsimplified.org/learn-more/anonymity/). Hence, there are some mixing services (https://en.bitcoin.it/wiki/Mixing_service) (tumblers) trying to protect the identity of their users.

Dealing with fiats in person alone may ensure about your anonymity. Electronic transactions of your fiats will disclose yourself. If you want full anonymity then not mixing up bitcoin account with bank account, that would be the right way of doing it.

Basically bitcoin transactions are pseudo-anonymous which means unless you are unveiling your bitcoin address, you may remain anonymous but your transactions will be visible to everyone. But linking your bank account with the bitcoin account, I guess it will ruin the complete benefits what we could enjoy with bitcoin ecosystem.

I definetly agree with you, top up your wallet using your fiat then have the transaction you want. Anyway, yes it is the most safest way to purchase bitcoin since the store where you gonna buy will not know that you gonna top up bitcoin but they will just know that you gonna transfer money to some other countries.

I believe it is possible to link your checking account and bitcoin account. The only problem that you may encounter there is that once you link your bitcoin account to any bank-related stuff, they will be able to track all your transactions in it. Best way to become anonymous is to put all your money in Bitcoin and don't use any bank-related services.

No, if you want full anonymous when use bitcoin you can use bitcoin mixing service, I recomended https://[banned mixer] because it is reliable, high volume and fast service. And I just told about the problem and weakness of my method to OP, basiccally everything depend on the OP what will be choosen.

Your account is brand new and only has one post.

If you ask for this information, intending to commit a crime.

Can those who help you be considered accomplices?

 ???

People might want to think twice before responding to these types of posts.

If you want to protect your identity it's better not to link your bank account and bitcoin wallet cause you might get track through your bank account transaction.
Better use some exchanger as given in the above comments

Hum, that makes every criminology professor an accomplice to every crime his students ever commit. After all, he did teach them in great detail how crimes are committed. Oh, you better include history professors, television and movie producers, police crime prevention instructors, every private company loss prevention instructor, and every website administrator that allows conversations between individuals. In fact, let's just jail everyone in the world that doesn't live in a cave. LOL

Just to be clear, the only reason someone would want to hide his transaction is wanting to do some illegal stuff with it, but as long as he is not and for educational purpose only, you could easily hide your transactions by exchanging, what you do is you go to a peer to peer exchange site and you buy some bitcoin from a seller, those coins were transferred a hundred time so their source is hard to track and so will you.

If you get money from your wallet into your bank account it's clearly visible. The account is in your name.
And to the guy that said that you want to do that only because you're planning something  illegal, I must disagree. It's bad enough that we are made to pay all sorts of stupid taxes, big brother doesn't need to know what you're doing with your own money. Because that's what the government wants - to know everything, in order to control us. They want to tax your hard earned bitcoins. So why should anyone not want to hide their money? The best reason - not to feed the greedy piglet that is the government and the IRS.

Yes,mixing service does really make you more anonymous and its also being used by mostly people who do transfer large amounts of bitcoin and also to those people who do make illegal transaction because using this service will make you hard to be tracked.Yes,it depends on op on what method or way he would use.