Bitcoin Forum

Other => Beginners & Help => Topic started by: rockman123 on March 22, 2017, 10:44:53 PM



Title: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 22, 2017, 10:44:53 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: giveen on March 22, 2017, 10:50:40 PM
There aren't many ways out there tbh but you can try coinmama as they allow you to purchase upto 150$ with just normal verification of email, name and stuff. Or you can use local bitcoin or just buy from xapo as they don't require any verification and you can buy upto 6000$ using bank transfer.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Yakamoto on March 22, 2017, 11:01:21 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.
It's not super easy, but the quick rundown on this is that if you want to convert it anonymously your best bet is to go through a service like Bitcointalk or some site along those lines and use their services with a presumed identity. Meet someone in a public place, get them to send you Bitcoin, give them cash, and you've made the exchange. Just try to avoid meeting anywhere without police officers or other similar personnel.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: RedditMaster on March 22, 2017, 11:07:17 PM
Use localbitcoins CASH DEPOSIT. There are offers where you don't need to upload any form of ID. Simply deposit $ into their bank account and you are good to go. The only drawback is you must go in person, but realistically the bank has no idea what you are paying for so it really does not matter at all.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: LTU_btc on March 22, 2017, 11:22:49 PM
If you want to be anonymous it would be best to find people who are buying/selling bitcoin on your local area. As mentioned above, it's better to meet such people in safe place, like cafe, to avoid risks.
Also, I found this article, it may be helpful for you:
https://www.buybitcoinworldwide.com/kb/buy-bitcoin-without-verification-id/


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Velkro on March 23, 2017, 01:19:08 AM
Quote
How do you convert cash to bitcoin anonymously?
There aren't many ways out there tbh
Sadly agree, your best bet is localbitcoins. But its also not that perfectly anonymous.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Jacce on March 23, 2017, 05:54:46 AM
Unless you have some sort of contacts that you can sell to or buy from, your best bet is most likely finding someone willing to trade cash for bitcoins on LocalBitcoins. Depending on where you live that may or may not be easy, for example there is no one selling where I live and I would have to travel at least 200 km to buy or sell with cash.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Iranus on March 23, 2017, 07:35:40 AM
Unless you have some sort of contacts that you can sell to or buy from, your best bet is most likely finding someone willing to trade cash for bitcoins on LocalBitcoins. Depending on where you live that may or may not be easy, for example there is no one selling where I live and I would have to travel at least 200 km to buy or sell with cash.
Yeah it's all about your area unfortunately, if you live in an urban area you could go for LocalBitcoins (https://localbitcoins.com/) which is a pretty trusted site for exchanging with cash (and PayPal etc sometimes, but be careful with that because scams are always possible and it's P2P).  If you don't, the first thing I would do is exchange with someone on the forum for PayPal (they might know your name but it's very unlikely they'll use the information), but if you use PayPal you need to choose a really good person because PayPal transactions are reversible and everyone will think you're trying to scam them.

A few credit card sites don't need your name, namely CoinMama for small amounts (under $150) and if you live in an urban area you could use a Bitcoin ATM, but them having your credit card details could make me pretty insecure as well.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Luke Fox on March 23, 2017, 09:40:04 AM
yes its best to go with localbitcoiners for the complete annonymity.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 23, 2017, 04:32:01 PM
After reading this, I'm interested in trading with others on this forum. Is there any payment method which does not allow the person I'm trading with to see my name? For example, perfect money or Paypal probably will.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: BrewMaster on March 23, 2017, 04:58:51 PM
there was a method suggested a while ago by theymos in the economy board that i found interesting although it wasn't discussed much and it was a bit complicated in my opinion but it sounded good.

i will post it here if i find it again.
Edit: that didn't take much looking, it was trading discussion actually:
Idea for a method of more privately buying/selling BTC
Link: https://bitcointalk.org/index.php?topic=1775704.0


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 23, 2017, 05:27:20 PM
That was helpful but what I meant was is there any way to send cash to someone on this forum anonymously? Like a perfect money/PayPal where they can't see your name? That way I can send cash and receive bitcoins with not much worry.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: DannyHamilton on March 23, 2017, 06:38:33 PM
That was helpful but what I meant was is there any way to send cash to someone on this forum anonymously? Like a perfect money/PayPal where they can't see your name? That way I can send cash and receive bitcoins with not much worry.

Put the cash in an envelope and mail it to them?

Go to a branch office of their bank and deposit the cash into their bank account?

Purchase a money order from the U.S. Post Office and mail the money order to them?

Meet up with them (or a friend or relative of theirs) near you, and physically exchange the cash?


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: usdsmirk on March 23, 2017, 07:22:16 PM
Localbitcoins my friend


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 24, 2017, 07:15:44 AM
S
That was helpful but what I meant was is there any way to send cash to someone on this forum anonymously? Like a perfect money/PayPal where they can't see your name? That way I can send cash and receive bitcoins with not much worry.

Put the cash in an envelope and mail it to them?

Go to a branch office of their bank and deposit the cash into their bank account?

Purchase a money order from the U.S. Post Office and mail the money order to them?

Meet up with them (or a friend or relative of theirs) near you, and physically exchange the cash?


So there isn't a way to transfer moeny online without the receiver knowing your name I guess? Thanks for the help so far guys.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: jacee on March 24, 2017, 07:24:07 AM
Localbitcoins my friend
doesn't localbitcoin requires a verified account or atleast most traders in there trades with verifie.accounts so it's not really  anonymous right?


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: DannyHamilton on March 24, 2017, 01:26:17 PM
So there isn't a way to transfer moeny online without the receiver knowing your name I guess? Thanks for the help so far guys.

That's WHY Bitcoin was invented.

Once you have bitcoin, you can easily send money online anywhere in the world without the receiver knowing anything about you.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: The_prodigy on March 24, 2017, 02:41:53 PM
Bitcoin transaction is already anonymous it already hidden your privacy you are the only one who know that you buy bitcoin from different websites or try to buy on people who offers cheap price than the market price. Im not buying bitcoin im earning it from my hard work then find way to make it grow.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: numismatist on March 24, 2017, 02:43:46 PM
So HOW do you do it?

Cannot speak for "we" but yours truly here ... simply does not. I am focusing on the cheapest purchasing way. Most sorts of "anonymity" come with a premium which is totally exaggerated.

Trying to "control" Bitcoin is futile. There are mixing services that will fog up every oh so sophisticated surveilance method from any fascist state.
The trouble begins when state powers (northkorean, iran) start hunting down any known Bitcoin users. Then I will have to eat my words having neglected privacy during purchase phases.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 24, 2017, 05:14:53 PM
So there isn't a way to transfer moeny online without the receiver knowing your name I guess? Thanks for the help so far guys.

That's WHY Bitcoin was invented.

Once you have bitcoin, you can easily send money online anywhere in the world without the receiver knowing anything about you.

I realized that but if you want a significant amount of Bitcoin any time soon you probably need to buy some, and anonymously as possible.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: xypos on March 25, 2017, 08:42:40 AM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.

Well you have to pay a hefty fee for that anonymity thatís for sure.

My advice for you is to go to Localbitcoins or Paxful, depending on which site you are most comfortable using, go to ďCashĒ listings, and meet the guy in person. I mean yeah, thatís not anonymous but i think you donít want the government or big companies to know your personal identity, not individuals.

Or you could get gift cards, but these sell for a hefty discount which could result in a really really bad deal. If you get amazon GCs youíll get 70-75% even with receipts, max.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Yuuto on March 25, 2017, 10:07:40 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.

I think that the best way to purchase bitcoin without people knowing your identity is doing a cash in mail transaction on Localbitcoins or Paxful like others suggested.

The process might take some time but there is no way to track that letter containing cash back to you if you do it correctly and use some stealth in your packaging.

However, make sure that the cash doesnít get noticed and stolen by some dishonest mailman.

And donít be stupid and write a return address. You want anonymity, so youíll have to take a risk of the mail being lost forever.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: isoneguy on March 26, 2017, 11:14:30 AM
The easiest way?

You buy a bitcoin miner off ebay or craigslist or wherever for cash.

You then plug it into your wall and pay the electrical company for bitcoins at a hopefully reduced rate  :)

Tada...

No paper trail connected to your bitcoins this way.

It requires a bit of patience but is the best $ to BTC rate if you can figure out a good setup.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: rockman123 on March 27, 2017, 06:14:06 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.

I think that the best way to purchase bitcoin without people knowing your identity is doing a cash in mail transaction on Localbitcoins or Paxful like others suggested.

The process might take some time but there is no way to track that letter containing cash back to you if you do it correctly and use some stealth in your packaging.

However, make sure that the cash doesnít get noticed and stolen by some dishonest mailman.

And donít be stupid and write a return address. You want anonymity, so youíll have to take a risk of the mail being lost forever.


Would gift cards exchanged on Paxful be anonymous?
Can for example Amazon gift cards be traced for where they were bought?


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: canah17 on March 28, 2017, 06:02:35 AM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.

Well, i should tell you about how i convert cash to bitcoin i just buy bitcoin from my friend or to someone who sell bitcoin i know its a risky move to buy bitcoin from who you don't know yet but i just buy bitcoin for a little amount first before i get into the big amount of buying bitcoin so i just visit the guy who sells bitcoin or trace him before i buy bitcoin so that it would be secure in buying bitcoin.. you should try it i don't really apply that details thing its so hassle in my view >.<


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: romero121 on March 28, 2017, 04:40:25 PM
Anonymous way of buying and selling is possible but it is risky. One could make anonymous transaction only through the forum, can buy or sell bitcoin in exchange for gift cards which can be used later. Here the buyer and seller identity won't get revealed.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: numismatist on March 28, 2017, 08:32:05 PM
The easiest way?

You buy a bitcoin miner off ebay or craigslist or wherever for cash.

You then plug it into your wall and pay the electrical company for bitcoins at a hopefully reduced rate  :)

Tada...

No paper trail connected to your bitcoins this way.

It requires a bit of patience but is the best $ to BTC rate if you can figure out a good setup.

The IP adress of the wallet solving the block would be recognizeable. Hence the 12.5 BTC got a resolveable name attached to them.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: dodgrad on March 28, 2017, 11:15:16 PM
The easiest way?

You buy a bitcoin miner off ebay or craigslist or wherever for cash.

You then plug it into your wall and pay the electrical company for bitcoins at a hopefully reduced rate  :)

Tada...

No paper trail connected to your bitcoins this way.

It requires a bit of patience but is the best $ to BTC rate if you can figure out a good setup.

The IP adress of the wallet solving the block would be recognizeable. Hence the 12.5 BTC got a resolveable name attached to them.

From public internet place you can order Bitcoin Debit Card for fake name and surname and for Box mail. Lifetime limit is 2500 euro.

Any questions?

Edit: I think, I don't have to add that for any order we can change name and Box mail.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: xIIImaL on March 29, 2017, 03:30:41 AM
Anonymous way of buying and selling is possible but it is risky. One could make anonymous transaction only through the forum, can buy or sell bitcoin in exchange for gift cards which can be used later. Here the buyer and seller identity won't get revealed.

But how it is possible. If you move the btc traders in online or in you city. You have to pass the bank details to complete the trade right. If you buy a btc debit card also. You need to provide a proper details to order a card right. There is nothing gonna happen simply the bitcoin, but always use an escrow in your trade while buying or selling bitcoin because scammers are everywhere.
As you said exchanging Gift cards to buy the bitcoin would not reveal your information.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: carlfebz2 on March 29, 2017, 04:13:56 AM
The easiest way?

You buy a bitcoin miner off ebay or craigslist or wherever for cash.

You then plug it into your wall and pay the electrical company for bitcoins at a hopefully reduced rate  :)

Tada...

No paper trail connected to your bitcoins this way.

It requires a bit of patience but is the best $ to BTC rate if you can figure out a good setup.

The IP adress of the wallet solving the block would be recognizeable. Hence the 12.5 BTC got a resolveable name attached to them.

From public internet place you can order Bitcoin Debit Card for fake name and surname and for Box mail. Lifetime limit is 2500 euro.

Any questions?

Edit: I think, I don't have to add that for any order we can change name and Box mail.
Bitcoin debit card is good since we can use false information when we try to order online from those site which gives this service.It make you anonymous on making transactions but instances of emergencies related to your card would really be a big problem later on.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: etherparty on March 29, 2017, 07:01:57 AM
Find a friend who owns Bitcoins and buy directly with cash.  :)


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: numismatist on March 29, 2017, 07:35:13 AM
From public internet place you can order Bitcoin Debit Card for fake name and surname and for Box mail. Lifetime limit is 2500 euro.

Any questions?

Edit: I think, I don't have to add that for any order we can change name and Box mail.
Bitcoin debit card is good since we can use false information when we try to order online from those site which gives this service.It make you anonymous on making transactions but instances of emergencies related to your card would really be a big problem later on.
That would become common bussiness practices on retail stores, if the debit information supplied are smelling of bitcoin. At first attempt the store just keeps billing the money, but is not delivering any packages at all. Easy money.
If a customer in reclamations phase one can prove to be real, packaging and delivery would begin otherwise.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Celsiuss on March 29, 2017, 01:12:15 PM
What I like to do is to buy a pre paid Visa gift card and use it online to buy bitcoins. Completely anonymous.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: thend1949 on March 29, 2017, 01:22:34 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.

I'm not converting my cash to bitcoin anonymously, because I'm using my real name in my account in exchange site in my country. I can't convert my money to bitcoin if I don't use my real name and I.d Verification. But If you want to convert your cash to bitcoin anonymously try to find a trusted person who owns bitcoin and buy some bitcoin to him/her.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Nathan047 on March 29, 2017, 07:37:09 PM
I understand that no method will ever be completely anonymous, but there seems to be a complete lack of even close to anonymous options to buy bitcoin. For example, stuff like OKpay or PerfectMoney need your personal details and verification.
Things like wire transfer and Paypal mean other people and companies get to know your name.

So HOW do you do it? (don't say prepaid cards since those aren;t available everywhere.
Buying/Cashing out anonymously, that's always a tricky thing to do. Your best would be to do a P2P trade; try friends, Local Bitcoins, or the currency conversion section of this forum. Good luck :]


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Mike Mayor on April 08, 2017, 04:13:04 PM
You first need to cast a magic spell to convert the bitcoin into money ^^
No I'm joking. You trade it like you would any other commodity. Online or offline to whoever has the demand for it. Just as anything else you can buy or sell. It's just digital this time that is all. Not too hard to understand since the money in your bank is digital too.
There many places and traders online have a look in the exchange threads. Have fun ! :)


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: sherlock_h on April 08, 2017, 04:17:49 PM
I know there are debit cards that allow, anonymously, to convert Bitcoin to fiat. But I do not know of any service that allows the reverse operation.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: jamsproject on June 30, 2017, 07:09:30 AM
Well AFAIK, Paxful hasn't asked me for any ID yet and I've been buying in their
marketplace for approximately 9 months.

So, yeah, please try it if anonymity is Important to you.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: predic on June 30, 2017, 08:56:57 AM
bitcoin is more or less anonymous if you use tor,

but exchangers are not anonymous and there are even sooo crazy exchangers they can record you with a hidden camera  ::)

beside it, when you sell bitcoins, you can get the fake money and later is too late because you gave already 2-3 bitcoins and the criminal is gone.  it happens usually in big cities in germany, etc.

I don't like localbitcoin because they prefer to publish big exchangers, if you are new, they hide your offer, so, people can see only those predators exchangers who verified their ID and they turn 1000 BTC per month and they steal from you 10% "fee/commision". beside it, localbitcoin pushes you to upload some amount of bitcoin.

debit cards are not good any more, I just checked yesterday, most of them are companies registered in London by Lithuanians who demand from you your phone, ID and utility bill, that's enough for them to make an offshore company on your name without your knowledge and they can get a bank account and make financial crimes on your name, or they can simply sell IDs.
lithuanians register 1000 offshore companies and they use it for different types of criminality, even drugs and export of arms to africa.
remember always simple thing: why they need more than your ID when your local bank demands only ID? even paypal demands only ID, but they demand and your phone and utility bill. because they need copy of your passport and the proof of your address to make offshore companies in Belize, Seychelles, etc.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: iram3130 on June 30, 2017, 12:49:47 PM
That's why I always say that Bitcoin is pseudo anonymous. Whenever you want to convert it to fiat or want to buy Bitcoins with Fiat then your identity will be known.
I have a personal group of local whom I trust and wherever I want fiat I just exchange with them. Otherwise localbitcoins is the best.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: ak545024 on July 03, 2017, 09:01:12 AM
Localbitcoins is the best bet you need to find somebody close to your location with good reputation that can engage in a physical exchange for cash there are some that won't require a prior ID verification.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: gingerxlady on July 06, 2017, 06:57:37 PM
I've been trading, buying and selling bitcoins on Paxful for quite some time now
and I have yet to surrender any kind of Identification.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: lampix on July 07, 2017, 03:56:30 PM
There are a two main ways to do this.
1. Use Bitcoin ATMs (limited amount you can transfer from fiat to BTC and also has terrible exchange rate)
2. Localbitcoin (Transfer your cash for bitcoin with another person, which can be risky so be careful)

Exchanges have to adhere to AML and KYC procedures, so it is very hard to circumvent this, understandably. This is to catch people money laundering or any other doing illegal activities.

I hope this helped. Good luck!


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Cyberbits on July 07, 2017, 05:29:59 PM
I love bitcoin, and I love earning airline points with my cards. But how do you trade your fiats for bitcoins using a card? I read that you can do so with Bitstamp. But who wants to submit all their info and take the chance of a Bitstamp snafu in the process?


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Vishnu.Reang on July 08, 2017, 02:38:59 PM
There are a two main ways to do this.
1. Use Bitcoin ATMs (limited amount you can transfer from fiat to BTC and also has terrible exchange rate)
2. Localbitcoin (Transfer your cash for bitcoin with another person, which can be risky so be careful)

Both options are not 100% anonymous. Most of the ATMs in my place are having cameras installed. The chance that you may be identified from the camera footage is quite remote, but the risk is still there.

And regarding LBC, most of the buyers will only deposit the amount to your bank account through online transactions. It can be traced. Even if you deal with them in physical cash, setting up an LBC account requires ID verification (or at least a phone number).


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Dazedconfused11 on July 08, 2017, 03:23:50 PM
I prefer local bitcoins :)


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: marcdeb on July 09, 2017, 11:18:30 AM
maybe https://changelly.com ?


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: marcdeb on July 09, 2017, 11:21:16 AM
No in fact, I don't see how you can do that on the web.
You will have to use a bank account or your card.
So the best would be to trade phisycally, using ATMs with cash or LocalBitcoin.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: EastBirth on July 11, 2017, 09:33:35 AM
You can meet someone and get paper cash for bitcoins. If you use banking it will be traced. You can go on localbitcoin.
The rate is reduced but you can get cash.


Title: Re: How do you convert cash to bitcoin anonymously?
Post by: Saruman on July 11, 2017, 12:48:07 PM
I don't know where are you from, but for example in Romania we have zebrapay (https://zebrapay.ro/Locations). You just have to go to the terminal, enter your address, put the money in, tap ok then you're done.