I need to buy a small amount (like $20 a month) worth of bitcoins to pay a service.
I do not want to provide an ID or associate with my credit card.
I prefer to do it online as well and not in person.
Can anyone please advise me on how to do this?
TIA!
buy to trusted person,use escrow and make transaction once,i think in this forum so many people who sell and buy bitcoins without showing their ID or credit card,just trade with what you want.
But how do you get the cash to the seller? If you use escrow, are you suggesting sending the cash to the escrow agent?
I guess if you really want to stay as anonymous as possible, you could find a trustworthy person here on this forum and send them $20 in cash a month thru the mail to that person, and they could release you coins. You can buy coins from lots of people on this forum, including me. Just make sure you use a trusted escrow service.
I am thinking of other online alternatives, and all exchanges or even wallets require some form of id, even if it is something like a phone. Maybe localbitcoins doesn't require a phone and just an email address, but I don't think you would be able to send funds without using id...UNLESS, and it is a big UNLESS you wanted to trade using a prepaid card. I'm not sure if the store will require you to show an id when you pay for a prepaid card using cash.
The other problem with using prepaid cards is that, because they are the favorites of scammers, you will have to pay a premium to the seller as kind of an insurance. For example, a $20 Amazon card will probably buy $10-$12 worth of bitcoiin.