Best strategy to stay anonymous with crypto?

[Dread Pirate Roberts]

That said, I'm wondering which is the best strategy to stay anonymous with crypto? Will using a VPN + TOR + Monero do the trick? Or is it best to acquire a privacy coin like Monero completely off-chain (in person)? Your input will be greatly appreciated. Thanks in advance

You are already anonymous when you create a wallet in bitcoin. but for now it seems impossible to be completely anonymous if you need an exchange to trade with fiat because most exchanges will do kyc. the most likely to stay anonymous is with mixer services.

[lalabotax]

There is no exact 100% to be anonymous in the crypto world. It may be, but not fully anonymous. It can be still tracked.
And moreover of we are going to withdraw to our bank account, in fact as in my country, everything needs KYC and struct prove that we really don't fake our identity.
Well, staying anonymous is actually very expected. But as long it is not really strict enough I think that it may be okay Using VPN moreover the free one olnly will help us to use the different IP, but actually it can be also tracked.

[Hypnosis00]

From privacy-oriented cryptocurrencies like Monero and Grin, to mixers, there's always a way to achieve anonymization on crypto land. Some privacy techniques are complicated to understand for the non-tech savvy person, though. Despite the tools available to obfuscate sensitive transactions, there's no method that's proven 100% effective. If you're careless enough about covering your tracks, you'll eventually get caught by governments or other third-parties.

That said, I'm wondering which is the best strategy to stay anonymous with crypto? Will using a VPN + TOR + Monero do the trick? Or is it best to acquire a privacy coin like Monero completely off-chain (in person)? Your input will be greatly appreciated. Thanks in advance

I'm not sure as well how long this anonymous feature that crypto had coz most exchanges are already asking KYC and we can hide anymore someday. Using a crypto mixer is the best option for now but I'm not sure if it still works in the future. maybe we can hide our wallet address but something difficult when it talks about personal identity.

And it might add more problems when the government takes control of the market as we have no longer escaped and keeping anonymous.

[tabas]

i dont think using tor its a good idea

Why?

There is no exact 100% to be anonymous in the crypto world. It may be, but not fully anonymous. It can be still tracked.
And moreover of we are going to withdraw to our bank account, in fact as in my country, everything needs KYC and struct prove that we really don't fake our identity.
Well, staying anonymous is actually very expected. But as long it is not really strict enough I think that it may be okay Using VPN moreover the free one olnly will help us to use the different IP, but actually it can be also tracked.

But we can remain not tracked despite it's not 100% of fully anonymity. Not everyone understands the importance of anonymity and as long as you know the basics just as what has been said on this thread and you don't do anything illegal, you're fine to do the basic steps.

[iTradeChips]

Full anonymity is difficult to achieve in crypto nowadays with all the legit companies doing the KYCs to their customers. What is the purpose of your need to be anonymous though? Is it to avoid taxes? Is it to be able to use crypto in illegal activities? Is it to secure yourself with all the bitcoins you still have and haven't sold like millions of dollars worth? If the latter is the case, then the sure fire way is for you to sell them directly to another person. It has its risks though and you might find that once you have given information to another bitcoiner that you have this amount to convert to fiat then you might be at risk of possible thievery from the said persons. Be careful, sometimes being anonymous just means you are on your own if something happens with your coins.

[serjent05]

I think the best strategy to stay anonymous is to avoid transactions that need our personal detail such as, cashing out through banks and remittances, never buy products online that requires a dropping zone.  In short, do trades face to face but that is too hassle and beat the purpose of being the "internet money".   So I guess anonymity ends when the virtual money is converted to tangible stuff.

[nurilham]

it can't be said to be anonymous anymore because so far there are so many exchange places that implement KYC

Yes, there are too many CEX (centralized exchanges) requiring KYC for their users. This makes all the users not anonymous anymore, their identities are already identified by the exchanges. Although the exchanges don't publish them, it means no anonymous term anymore in the system. With this regulation on CEX, gradually we lose the anonymity in crypto space.

[GreatArkansas]

Do use Bitcoin and decentralized platforms like decentralized exchange will not make you anonymous already?
Yeah, using privacy coins like Monero will just make you more anonymous. And VPNs too, it's like privacy coins and VPNs to me are like additional to make you more anonymous.
So if you don't have really important purpose, you can not need anymore to use these additional tools or ways.

[MoneyJ]

The best way is never turn your crypto into fiat as long as you like coz doing it will have a KYC process in banks . So just keep it and never spend it while wallets are just Hexadecimal addresses with no human affiliation so it is anonymous all the time.

[jaberwock]

I'm wondering which is the best strategy to stay anonymous with crypto? Will using a VPN + TOR + Monero do the trick? Or is it best to acquire a privacy coin like Monero completely off-chain (in person)?

These days all my usual places like exchanges and gambling houses are asking for identity verification hence staying anonymous is almost completely impossible for me. It might be possible when I am completely not making use of any exchanges for encashing my cryptos for my living then there will be the possibility for staying anonymous in crypto space.

In that case I need to go for P2P trading so that I never need to go for any of KYC thing. For P2P, I am thinking of 2 options: first one is making use of currency board of this forum and the second one is localbitcoin kind of services which allow posting exchange ads without need of KYC.

[Abiky]

These days all my usual places like exchanges and gambling houses are asking for identity verification hence staying anonymous is almost completely impossible for me. It might be possible when I am completely not making use of any exchanges for encashing my cryptos for my living then there will be the possibility for staying anonymous in crypto space.

In that case I need to go for P2P trading so that I never need to go for any of KYC thing. For P2P, I am thinking of 2 options: first one is making use of currency board of this forum and the second one is localbitcoin kind of services which allow posting exchange ads without need of KYC.

It sucks real bad to have to deal with KYC for nearly everything we do in crypto land. You can use a decentralized exchange or decentralized gambling application, but the experience is not the same. DEXs have low liquidity and a steep learning curve, while gambling dApps are not as popular as their centralized counterparts. Not to mention, decentralized solutions are not very scalable.

We could say that it's quite difficult to achieve 100% anonymity these days. One way or another, your identity could be exposed greatly defeating the purpose of crypto/Blockchain tech. Your best bet would be to perform everything offline for peace of mind. I'd buy and sell crypto in a P2P manner just to remain out of the radar. Off-chain transactions is where the privacy is. Maybe someday as crypto/Blockchain tech becomes mature, we'd be able to enjoy using decentralized, private solutions without hurdles. In the meantime, off-chain transactions would be the only way to go. Just my thoughts