Bitcoin Forum

Hello community,
I have earned some Bitcoin in the past by selling some services and products. Currently I keep all my coins on Electrum Wallet.
However I would love to trade them, but I want to keep my anonymity. Basically I want to have them on some trade exchangers just for sell/buy when price goes up and down.

Any advice would be appreciated.
Also Any website I can use to trade anonymously.

Thank you very much!!!

Use YoBit or any other exchange that is popular. Make sure that you aren't going against the rules of those exchanges

How do you stay anonymously there then?

You are able to trade anonymous in Hitbtc. Currently, there is no verification needed for trading cryptocurrencies.

Binance and Novaexchange does not require verification if you don’t mind the lower daily withdrawal.

Don't use YoBit, that's possible one of the worst exchanges that is bordeline a scam with the amount of shitcoins that they allow to trade on, not even mentioning the fact that they shut down accounts for no reason and aren't regulated in the least.

If you want anonymotity, go to Paxful, Local Bitcoins, or use this site and exchange with somone for an untraceable method that couldn't be connected to you. Might be tough to find a good balance between anonymity and the fee that they're going to charge for this trade, but it's still better then using Coinbase and giving everything up (even though I personally am fine with using CB)

Yes I would also recommend Hitbtc. I have did trading on it and they never asked me for any kind of verification and never had any problems with them. They only ask verification if you cashout fiat money (Usdt) other wise you are good to go.

It’s not anymore easy to trade anonimously like it used to. Bitcoin has lost great deal of anonimity, transactions have become much more easier to follow and trace and exchangers are obliged with anti money laundering laws and anti terrorism laws so they have to gather your personal data if they want to keep legitimitet business. Using some shady exchangers or similar service providers without reputation is very tricky and you could end up losing your coins.
So probably the only good choice to trade in anonimity, of course if you don’t use the bank accounts, is localbitcoins.

You can essentially trade on a smaller exchange and get away with not verifying yourself but only downside to that is you do have the smallest withdrawal limits ~2k a day. This will be good enough for most people but if you

have lots of bitcoins it will be quite frustrating and tedious and without identifying yourself you will not be able to handle the limitations.

If you live in an area with other Bitcoin traders, you can use local bitcoins or other classifieds websites to trade BTC for cash. It's a pain in the butt but you won't leave a paper trail.

Yeahh just found this on YoBit
seems really scam:
https://www.cryptocompare.com/exchanges/yobit/reviews/USD

But guys, my goal is not to withdraw but to keep selling/buy on Trading plattform without withdrawing.
When I made some Win, I can send it to my wallet and exchange on localbitcoin or something like that.
Is there a plattform where we can do this without ID verification?

localbitcoins.com will be good to withdraw.
But first I want, instead of keeping the money on wallet, to have it anonymously on some trade plattform. Sell for USD or EUR (not withdrawing) and later buy BTC etc and when i made some profit, moving it back to my wallet on localbitcoins for sale. That's the idea

very easy if you want to trade anounymous, just go to coinmarketcap and see platform exchanger. or you send to some businesses that receive bitcoin for $ deposit, but can also withdraw $.

withdraw deposit to my account? That's not anymore anonymous  :)

On shapeshift you can trade anonymous. They even don't ask for an email. You needn't register to trade there. But they are quite expensive. You have to pay attention on each step.

You could do this on any exchange, why are you asking? if you know how to avoid scam coins, all of the exchanges are good for trading to increase your Bitcoin balance, there are some exchanges with limits on Bitcoin withdrawals, I deposited $100 in BTC and bought some alt coin, after a few days I sold them for $120 and when I tried to withdrawal BTC they stalled sending for 6 hours, when that happens you should never use such exchanges again.
If you are going to use Yobit, you should just do your trades without looking at any other coin. lol
They didn't list my activity token, bad Yobit.

not sure what you mean here, can you explain please? ::)



I will check this



Are you talking here about Yobit?
What do you mean with "how to avoid scam coins"? Please how to avoid it?

If you’re looking to buy Bitcoins anonymously then the easiest way would be to buy Bitcoins in cash and in person. Use Local Bitcoins to find someone who is willing to sell Bitcoins for cash next to your physical location. You can use an alias email address to sign up to Local Bitcoins and the verification id process they have is optional.

i think its difficult apart from localbitcoins as suggested above.
all the exchanges will require some form of identification for larger sums of investments and withdrawls into FIAT,
but for smaller amounts you should be able to do it anonymously on the exchanges

Sadly this is very true. Nowadays nearly everything requires atleast so sort of identity verification. That's why we urgently need good, stable and user-friendly decentralized exchanges. If you somehow can get hold of some ethereum without giving out your identity you can go ahead and use ether delta. That's a decentralized exchange you can use without giving out your identity.

Are they reuire verification in case of any disputes? Different exchanges can shut down unverified accounts saying that those accs are suspected in money laundering (especially when you are ucing VPN). Usually to resolve such disputes they may ask to provide documents or funds will be freezed. It seems like you should always choose between safety and anonimity while using cryptoexchanges.

Another way to buy Bitcoins anonymously with cash is to go to your nearest Bitcoin ATM and buy Bitcoins from the ATM using cash. Buying Bitcoins via an ATM is probably the best way to go about buying Bitcoins anonymously.

you said:

Did you do any illegal business, like stealing or fooling someone?

LocalBitcoins Trader Charged for Running Unlicensed Bitcoin Exchange
 (https://www.cryptocoinsnews.com/localbitcoins-trader-charged-for-running-unlicensed-bitcoin-exchange/)

" n indictment published by Detroit TV news service WD-IV reveals that a 52-year-old Michigan man, Bradley Anthony Stetkiw, was recently charged with running an unlicensed money transmitting business after selling nearly $150,000 worth of bitcoin between 2013 and 2015, out of which over $56,000 were to law enforcement agents.

The indictment reveals that Stetkiw went by the name “SaltandPepper” on peer-to-peer exchange LocalBitcoins and that he had a number of positive reviews on his profile. He advertised his services by stating that he was the most reliable and honest trader in Oakland County, and arranged to meet customers at a Tim Hortons restaurant, in Bloomfield. "

i think if you register in the exchanges, you don't need to register with your details because you only need to trade. but i think if you can upgrade to higher limit then you will be able to deposit and withdraw the big money when you are make a lot of money and the exchanges will take care of you so you don't need to be worried about anything. beside that, if i take a look at bittrex or ploniex, people is welcome to visit their site and buy something or just to look around but the point is we an doing trade bitcoin anonymously but our status is not secure because we are not become verified members in the exchanges.

But bitcoin ATM are not available in the many places. If we need to trade the bitcoin for cash you cannot be anonymous bro. I did not find enrolled myself in such site shows the anonymous way giving out the trade bitcoin for fiat cash.
If you know any local trader means you can have trade each other without knowing to others.

Why do you want anonymity? The possible reason I can think of is either you're under 18 as a few exchanges don't allow minors to be registered and another reason is that you live in some country which is apparently not in favor of the US,as some exchanges are committed to its policies.
Don't get me wrong but it would be better if you reveal yourself ,because anonymity is mostly essential for people who do shady business.

in most cases to get your Bitcoin wallet, you still need to specify your email when registering, And this is already a binding to a specific person. The reality of even an exchange where one can trade with crypto currency requires two-factor authentication and personal data. But I think that it is My ether Wallet and Delta ether that will bring more anonymity to the merchant than Bitcoin.

Do not convert it to the fiat money and you'll have pretty well level of anonymity. Also look at the other crypto with anonymity first: Dash, Zcash.

but many more of us do not want to pay taxes from the money they earn. I think that this is a very strong argument in the direction of anonymity of earnings on the crypto currency. But I wonder how things will be, when many states today begin to legalize the crypto currency.

If you are going for real privacy don´t trade with BTC:) it´s not anonymous as some guys from the inside walls will atest. However if the money is not "dirty" and you are not in trouble with justice maybe BTC is alright. But for true anonymity choose another coin. I won´t tell you my personal choice as i dont want to start a discussion if it is monero, Zcash , pivx or any other privacy focussed coin. Do your own research.

Yes!you can trade bitcoin  anonimously by protecting and making confidential your personality.you can use an screen name in times of trading,mostly  trader's use screen name  in trading like in our tradind site's  etherdelta,they did compromise your personality.

In the USA, good luck, other places there is still a good chance. We still have clients that combine sites like localbitcoins and trading for the exit strategy, but believe what you want, there is little that is anonymous in the real exchange of FIAT to BTC and back again. Despite what you feel and believe, there are eyes on you every minute of the day, and they know what you do and do not do.

I think most of the transaction in bitcoin are anonymous and people also trade anonymously.  There are some sites like
paxful
hitbtc
localbitcoin
yobit
and many more.
but for no identity transaction you need to open your own website where you can provide a interface to directly contact you through it and you can also protect you identity from it. this is the most anonymous way to do exchange in other things bitcoin help in identity protection. But the first thing is that you need to develop trust.

Browse through some crypto exchanges, register on them and check their rules and regulations, plus read carefully their terms of services. Use the exchange to buy/sell bitcoin that does not ask you much about your personal verification.

Apart from that, you can also use a premium VPN service to hide yourself more.

I'm not looking to buy. I have already Bitcoin. I just want to trade with these coins I own already and anonymously and I don't want to withdraw to fiat. For that I will use Localbitcoin.

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Good article. No I don't fool people or something like that. I sell good services on my website, and get paid in BTC. That's all.
This article is very interesting in the way that I'm asking myself, how this guy got arrested? Meaning he sold BTC to some clients which where cops  ;D That's what I was saying regarding the issue with face-2-face exchange via LocalBitcoins.

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I had a look this morning on Poloniex - first thing when I registered, they ask me to get ready for Webcam check. I did not even have time to see how their UI looks. nothing, that's not fair to handle like this. Bittrex I will give a try soon, although their website does not look really funny.

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exactly!!! It's not always about fooling people as you might think!!!


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very true!


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any recommendation please??

we have no choice, we have to give our documents if we want to use exchanges, see this case involving poloniex

Poloniex has dropped my withdrawal limit to $0. They are scamming. Avoid!
 (https://bitcointalk.org/index.php?topic=2337361.0)

Ploniex did not give notice and this will happen with yobit, so do not deposit your bitcoins in any exchange before verifying your account in that exchange.

Most exchangers now are not accepting anonymously trading, cause it can lead to some frauds that the exchanger doesn't want to happen. And i think this is not an encourage action IMO too .

Hello. I think it's hard to hide your identity if you trade Bitcoin on an exchange.
but if you are determined to try using yobit exchange. but at your own risk.

all altcoin trading not need verified ID and document, so still anonymous
but if you want exchange bitcoin to fiat money, you need verified ID

You have made a god point here. In reality it is actually a little bit difficult to stay anonymous by following the general path but again not a very difficult task to achieve because the technology has advanced a lot. We have options like proxies, tor and VPN.

If someone wants to hide his identity, he must make fake accounts and then use such bypasses that will not give the real address. This is how we can actually stay low profile on internet.

It is not possible by most available platform now,
you can sell some in small fraction and it ll be limited
Some developers are making a peer to peer to make it possible

at the end you ll need to transfer a real fiat, that is another problem

If you want to keep yourself anonymous while remaining in the world of trading, then I believe it is just your dream which can never be fulfilled. You actually need to reveal your identity and if you do not reveal it, even then you will be exposed.

There is no point of doing trade and that too keeping yourself anonymous. If you want to get into trading, then you have to get yourself ready for all the things.

Good point
But what do you mean here with "you will be exposed"

You are suggesting the well and the beautiful way for the bitcoin trading because now today all the people are searching to make the profit and the value in the bitcoin so if we will buy the bitcoin we will get the profit but if we will buy and will hold for the low income we will not suffer the lose, now it is the most important thing to hold the bitcoin as the long time investment and the saving.

Why trade anonymously if your intention is just gaining profit. I bet you will not make any scams or foul acts on your account so why make it on private ?. In terms of security, im sure you critisize first the site before you will invest whether its a fraud or not. So for me , there is no reason to trade anonymously.

When you say when you wanted to trade Bitcoin anonymously does that mean you wanted to trade them on a trading site or exchanger that does not verify the trader? Because as I have observed most exchanges verifies the account holder so basically it is not anonymous at all if you want to withdraw the money from your account, a verification is needed including your ID to verify the trader itself.

P2p is your solution. It is so easy to be off the radar with p2p. so you can trade, exchange anonymously with people all over the World. You can also join bitcoineer in your local area and do face to face transaction with seller and buyer alike!

The only exchange site I know that cater what you are looking for is HitBtc its a good exchange site and you can trade there anonymously and also the withdrawal fee is very low and there is no maximum amount that you can withdraw in a day.

If you live in an area with other Bitcoin merchants, you can use local bitcoin servers or other classifieds sites to trade BTC with cash