What's the most anonymous way to own bitcoin?

[mazdafunsun]

In order for this to work, you should use exchange which is shady - unregulated and do not gather your data. Even if they say that they dont gather your data, do not request your id, they can lie and ask for it anyway. Also these kind of exchanges are dangerous, they can easily freeze your funds and steal them.

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[Sithara007]

Not all the exchanges have the KYC requirements (especially for lower amounts). But when you deposit fiat cash in to your exchange account, it creates a trail. You can go for P2P platforms, where the communication between buyer and seller are encrypted. You need to deposit cash in to seller's bank account and he will transfer BTC to your account. In this method, if you directly go to a cash deposit machine and make the deposit, then the entire process will be 100% anonymous. On the other hand, if you make the bank transfer online, again it leaves a trail.

[Josefjix]

Bitcoin was protecting data of its users through privacy untill government and Centralised exchanges introduced the use of  KYC. KYC is not even required by some exchanges if you're withdrawing less than 2 BTC per day in most cases. The only way to stay anonymous through bitcoin transaction is to use mixers or DEX and P2P though very risky.

[Reatim]

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?

This is what My friend doing to keep him anonymous for long time . but eventually he accepted that there is no permanently anonymity here in crypto.
because one way or another? we will reveal ourselves for a certain reason.

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?

Trust me mate , If you go long time here , you will accept the fact that when talking about Money , there is no permanent anonymity .

[galestorm]

There are two ways to secure your identity, one is through mining, the other is through LocalBitcoins. LocalBitcoins are a peer-to-peer platform, meaning that they allow buyers and sellers to trade directly. As a result, it is possible to trade anonymously. Once you have completed a trade on LocalBitcoins, you can then transfer your coins to an anonymous Bitcoin wallet. Mining, as we all know requires a lot of energy but you'll receive bitcoins directly. I personally believe that there is no true anonimity when it comes to crypto since you will be swapping or exchanging coins one way or another which requires your wallet address or sometimes your information.

[bryant.coleman]

There are two ways to secure your identity, one is through mining, the other is through LocalBitcoins. LocalBitcoins are a peer-to-peer platform, meaning that they allow buyers and sellers to trade directly. As a result, it is possible to trade anonymously. Once you have completed a trade on LocalBitcoins, you can then transfer your coins to an anonymous Bitcoin wallet. Mining, as we all know requires a lot of energy but you'll receive bitcoins directly. I personally believe that there is no true anonimity when it comes to crypto since you will be swapping or exchanging coins one way or another which requires your wallet address or sometimes your information.

Localbitcoins used to be an anonymous way to purchase Bitcoins and I got my first BTC in 2012 using LBTC. But times have changed and nowadays they have very strict KYC requirements. On top of that I have heard that every now and then they pass the information regarding their users to the tax authorities. So think twice before undergoing KYC process in LocalBitcoins. Mining is an attractive option, but you need a lot of capital for that.

[Lordhermes]

LocalBitcoins are a peer-to-peer platform, meaning that they allow buyers and sellers to trade directly. As a result, it is possible to trade anonymously.

Do you know how much op want to trade in the peer to peer exchange? Do to you know if he's trying to buy amount of btc that would require KYC and that's non anonymous to say,

Once you have completed a trade on LocalBitcoins, you can then transfer your coins to an anonymous Bitcoin wallet.

There's nothing like anonymous bitcoin wallet, every Bitcoin balance is transparent, so long as your coin is in bitcoin, it's no longer anonymous.

[UserU]

On top of that I have heard that every now and then they pass the information regarding their users to the tax authorities. So think twice before undergoing KYC process in LocalBitcoins. Mining is an attractive option, but you need a lot of capital for that.

Electricity, heat and the mining machine you have to invest in. Would not be hardly viable for individuals especially with limited room space and ventilation.

Only mining farms would continue to profit from this.