What's the most anonymous way to own bitcoin?

[jjdub7]

Is this the most anonymous way? Buy bitcoin from any exchange. Convert it to monero, send monero to a wallet, and from the wallet swap or exchange it for bitcoin?

Is that basically a way to anonimize your bitcoin? If you buy from most exchanges, they have your info. But once it goes through monero, no one can see anything about where it goes. So when it's traded for bitcoin on your wallet, that could have came from anywhere. There isn't really a way to say where those funds came from right?

Bitcoin is not anonymous, but rather pseudo-anonymous - most veterans of the Bitcoin community know this. However, most people do not understand why Bitcoin cannot be called anonymous and how a Bitcoin user can be identified - and what can be done to prevent this from happening.

There are three main ways to reveal the identity of Bitcoin users.

First of all, although transactions are randomly transmitted over a P2P network, this system is not completely sealed. If an attacker, for example, has the ability to connect multiple nodes to the Bitcoin network, the information they collect may be enough to determine the source of a particular transaction.

Secondly, a Bitcoin address can be associated with specific people if their personal information was somehow associated with such a Bitcoin address. This includes addresses used for deposits or withdrawals from a regulated exchange or wallet, publicly available donation addresses, or simply addresses used to send bitcoins using personal information (for example, an online store payment).

But most importantly, all transactions on the Bitcoin network are completely transparent to anyone interested. This allows multiple Bitcoin addresses to be linked and assigned to a specific user. Thus, if only one of these linked addresses is tied to a specific person in one of the ways described above, all addresses will be de-anonymized.

[maxreish]

You can buy btc in binance even without Kyc, though there is a limit to buy and withdraw but not doing kyc will serve as an anonymous transaction. Or if you are familiar with bitcoin mixer so you should not be worry with your identification and without the hassle of exchanging it into other coins, then it is better.

I don't think exchanging it into different coins and then back to bitcoin is untraceable but as I suggested, you can consider the btc mixer.

[Ziskinberg]

Buy Bitcoin to the exchanger that doesn't ask KYC, then use mixer services to finally send it to your controlled wallet for a long-term holding. I believe nobody could trace you.

But I'm just to wonder why we have to do that? Why we should have to keep anonymous all the time? Are we afraid that someone knows who we are or hackers will never attack us? Maybe it was a big concern for you OP but for me, as long as my wallet keys are safe, I don't need to have that anonymous anymore.

[dkbit98]

Is this the most anonymous way?

Most anonymous way to own Bitcoin is if you mine it yourself with a miner and you never connect that address with your identity.

You can use websites like Chipmixer to mix your Bitcoin with other people, and using some p2p trading would also be good or decentralized exchanges like Bisq.

You lost all your anonymity the moment you touch your address with your bank account or with kyc documentation on exchanges.

[AakZaki]

As many other members have mentioned in this thread, Coin Mixing sab coin joining is the safest and most anonymous way to have privacy when transacting using bitcoin. Bitcoin is not completely anonymous, bitcoin transactions made will still be detected and can be traced to where the asset will end. But by using Coin mixing or coin joining, the transaction will be split and mixed with thousands of existing transactions and it will be difficult to trace.

However, some of the disadvantages that Coinmixing or coinjoining have are if the participant's transactions are still few and it is very easy to trace, but if there are many participant transactions that reach thousands then it will be very difficult.

[Renampun]

Is this the most anonymous way? Buy bitcoin from any exchange. Convert it to monero, send monero to a wallet, and from the wallet swap or exchange it for bitcoin?

Is that basically a way to anonimize your bitcoin? If you buy from most exchanges, they have your info. But once it goes through monero, no one can see anything about where it goes. So when it's traded for bitcoin on your wallet, that could have came from anywhere. There isn't really a way to say where those funds came from right?

I still don't understand what you are really asking here 'lol'...
you asked 'the most anonymous way to own bitcoin?' but why want to change it to Monero, do you mean to be anonymous? If you want to be an anonymous Bitcoin owner then you have to buy Bitcoin on a decentralized p2p exchange then store your Bitcoin in a non-custodian wallet like Electrum. cmiiw

[Kittygalore]

You can buy btc in binance even without Kyc, though there is a limit to buy and withdraw but not doing kyc will serve as an anonymous transaction. Or if you are familiar with bitcoin mixer so you should not be worry with your identification and without the hassle of exchanging it into other coins, then it is better.

I don't think exchanging it into different coins and then back to bitcoin is untraceable but as I suggested, you can consider the btc mixer.

This is the best way I think to own bitcoin anonymously but I don't think that it is necessary to do that unless you are running away from something, I mean if you reason that it is for privacy purposes, I would only believe that if you are off the grid and your name doesn't come out of the registry in your country which is going to be difficult especially if you were born in a hospital or you have applied for a job and if you do so then the chances that your important details are already out there.

[BitcoinGirl.Club]

And either of two, chipmixer and wasabi's coinjoin.

Chipmixer is cheaper than Wasabi.

Maybe first Chipmixer and then use lower anonymity in Wasabi for the mixed coins. This way at least you can save some by not using the higher anonymity but still you get your chain broken by two mixers which is makes your coin more anonymous.

[livingfree]

And either of two, chipmixer and wasabi's coinjoin.

Chipmixer is cheaper than Wasabi.

Maybe first Chipmixer and then use lower anonymity in Wasabi for the mixed coins. This way at least you can save some by not using the higher anonymity but still you get your chain broken by two mixers which is makes your coin more anonymous.

That's a method that anyone can do if he's not satisfied that he just used one of it.

But for me any of them with just a single just would be enough unless you're fine with the fees. The fee may not that be much for higher transactions but as bitcoin soars, the fees are somehow becoming considerably high.

[TribalBob]

I'm sure op is not asking about mining, he is asked how anyone can get BTC stayed as anonymous, It is not possible for everyone who wants to remain anonymous to start mining Bitcoin.
The simplest way is buy Bitcoin and use a mixer to mix your coin. If you use Chipmixer then they will give you an equivalent amount of chips before you make your deposit, so you will able to stay anonymous cause no one will find the relation between your chips and deposits.

chipmixer, is it some kind of chip for gaming?  or what?  all I know is getting bitcoin and being anonymous just from fucet, nothing more.  but many people and make bitcoin purchases to be anonymous I think buying via p2p by buying other coins and changing to bitcoin, sorry if I'm wrong

[ChipMixer]

chipmixer, is it some kind of chip for gaming?  or what?

Not for gaming but analogy is correct. Chip like casino chip. You trade banknote marked by serial number for non marked casino chip. Then you trade casino chip for another banknote making your transaction non visible at blockchain.

ChipMixer creates Bitcoin addresses (chips) and funds them with specific sizes. There are chips with 0.001 BTC, 0.002 BTC, 0.004 BTC and so on till 4.096 BTC. When you deposit your Bitcoins, you receive same amount in chips. For example you deposit 0.112 BTC and you receive 0.064 + 0.032 + 0.016. Each chip was funded before your deposit, so there is no link between them and your deposit on blockchain. They are already anonymous. With each chip, you receive its private key, so you can spend them any time you want.

[zanezane]

Most of the replies already answered the question which is using a bitcoin mixer or a tumbler to mix or clean your coins and make it untraceable in a way. Another thing that you can do to own a bitcoin with a degree of anonymity is you have to stop talking about it because once you talk about owning it then it is already known to the people around you that you are owning a bitcoin.

[20kevin20]

Most of the replies already answered the question which is using a bitcoin mixer or a tumbler to mix or clean your coins and make it untraceable in a way. Another thing that you can do to own a bitcoin with a degree of anonymity is you have to stop talking about it because once you talk about owning it then it is already known to the people around you that you are owning a bitcoin.

Mixing pretty much taints the coins more than cleaning them. To exchanges and services, "tainted" means coins that have a suspicious history behind. Cleaning your coins is quite hard, so is making them untraceable. Mixing and coinjoining is usually considered tainting.

Talking about you owning BTC leaks as much information as owning XMR or fiat does. All you're telling is that you own some coins - nobody knows how many and where they are currently sitting.

[goldade]

Is this the most anonymous way? Buy bitcoin from any exchange. Convert it to monero, send monero to a wallet, and from the wallet swap or exchange it for bitcoin?

Is that basically a way to anonimize your bitcoin? If you buy from most exchanges, they have your info. But once it goes through monero, no one can see anything about where it goes. So when it's traded for bitcoin on your wallet, that could have came from anywhere. There isn't really a way to say where those funds came from right?

There is no way you'd do this without going through an exchange. Even if you convert it to Monero from an exchange, you'd still need an exchange to convert it back to bitcoin.
personally, I do think that the most anonymous way of buying bitcoin is P2P, Peer to Peer. There is no need to register on an exchange for this which means no one is collecting your data. All you need is to find someone who is willing to sell coins, calculate its equivalence in whatever fiat currency you're using to make the transaction, and then send your wallet address to the person and you pay up in cash.
This is practically the most anonymous way to buy bitcoin as there is no exchange of data.

[BitcoinGirl.Club]

I deposited 19.638 BTC in chipmixer and it's fully confirmed.
But it's still in "Waiting" status. Did I lose my money?
I sent email to chipmixer@protonmail.com but no reply. What can I do next?

Instead of quoting you can PM user ChipMixer.

You may need the session ID and remember the session ID is valid for 7 days I guess. Anyway, contact with chipmixer.

[bill.lavis]

I deposited 19.638 BTC in chipmixer and it's fully confirmed.
But it's still in "Waiting" status. Did I lose my money?
I sent email to chipmixer@protonmail.com but no reply. What can I do next?

Instead of quoting you can PM user ChipMixer.

You may need the session ID and remember the session ID is valid for 7 days I guess. Anyway, contact with chipmixer.

This issue has been resolved. ChipMixer is excellent service.

[acener]

Is this the most anonymous way? Buy bitcoin from any exchange. Convert it to monero, send monero to a wallet, and from the wallet swap or exchange it for bitcoin?

Is that basically a way to anonimize your bitcoin? If you buy from most exchanges, they have your info. But once it goes through monero, no one can see anything about where it goes. So when it's traded for bitcoin on your wallet, that could have came from anywhere. There isn't really a way to say where those funds came from right?

If you just want to clean it then it wouldn't need to be on monero it could be any alt-coin or you could just simply use a mixer to do it.
If you want you could also try some crypto exchange that swaps automatically changenow.io buy any alt-coin from any exchange then use changenow to convert it to BTC and receive directly to your chosen BTC wallet.

[StartupAnalyst]

The most anonymous way today (but not the most quick and cheap) is to buy mining rig or several videocards and to put them to mine BTC then you’ll get coins directly on your wallet. In such way you’ll be totally anonymous until the day you would decide to withdraw your cryptocoins through crypto exchange market to get some fiat money.

[lovesmayfamilis]

The most anonymous way today (but not the most quick and cheap) is to buy mining rig or several videocards and to put them to mine BTC then you’ll get coins directly on your wallet. In such way you’ll be totally anonymous until the day you would decide to withdraw your cryptocoins through crypto exchange market to get some fiat money.

In this case, the mining installation must be installed somewhere in a place inaccessible to humans. Doesn't the consumption of electricity, that is, a large amount of it, give out the miner?
It seems to me that today there are still no such obstacles to purchase bitcoins anonymously and subsequently use mixers.

[best123]

There are several ways to buy Bitcoin without anyone knowing. There are several Apps that you can buy it. These Apps doesn't need your information. It just your backup pass phrase; you are there.