Best Non-KYC Methods for converting fiat -> Bitcoin?

[BrianH]

What are some of the best ways to convert fiat to Bitcoin, without having to provide identification to a third party?

Ideally something that would work in high volumes, electronically and at low cost of conversion.

Some methods:
*Cash in person
*Money orders
*BTC ATMs without KYC or security cameras (are there any?)
*Bisq (various methods)

What else?

Update with others:
*Mining
*Reselling goods
*AgoraDesk
*LocalMonero
*LocalCryptos
*Remitano
*https://bitcointalk.org/index.php?topic=5270416.0

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[OmegaStarScream]

Bitcoin ATMs[1] could be a good way as well. The fees are obviously a bit higher compared to the methods you mentioned, but it is still a good solution if you want to avoid verifying your identity.

EDIT: I see that you just added the ATMs, so to answer your question, yes. There are a lot of ATMs that don't require KYC, you just need a phone number to use them. I don't think there are ATMs without cameras though since that's always going to be needed for increasing the user's limits (if they want to) or to scan the buyer's QR code and send him the funds.

[1] https://coinatmradar.com/

[jackg]

I think there might be some cexes that have p2p options that don't require kyc (potentially sites like best change but I haven't used them so don't know how trustworthy they are - they've advertised here though and I've looked at their site).

There are other sites similar to local bitcoins that don't require kyc too.

[RickDeckard]

There are other sites similar to local bitcoins that don't require kyc too.

Yep, I'll leave here some that I usually mention whenever this question appears :

• https://hodlhodl.com/
• https://localbitcoins.com/
• https://bisq.network/

Be aware, however, that you'll always end up paying a higher fee in these trades since you have to "cover" the anonymity that they give you...

[sheenshane]

What are some of the best ways to convert fiat to Bitcoin, without having to provide identification to a third party?

-snipped

What else?

How about a close wallet that has multi coins support, swap your Bitcoin to altcoin and then convert to fiat?
Like Trustwallet or Coinomi wallet, maybe you can hide your identity from converting Bitcoin to fiat.

There are other sites similar to local bitcoins that don't require kyc too.

Yep, I'll leave here some that I usually mention whenever this question appears :

• https://hodlhodl.com/
• https://localbitcoins.com/
• https://bisq.network/

Be aware, however, that you'll always end up paying a higher fee in these trades since you have to "cover" the anonymity that they give you...

I tend to agree with these exchanges and yes, P2P exchanges are good for anonymity.
But it always expecting that there's a high fees that must be covered.

[Westant]

What are some of the best ways to convert fiat to Bitcoin, without having to provide identification to a third party?

Ideally something that would work in high volumes, electronically and at low cost of conversion.

Some methods:
*Cash in person
*Money orders
*BTC ATMs without KYC or security cameras (are there any?)
*Bisq (various methods)

What else?

Cash in person and remitano can work for you to get cashout your money without KYC while ATMS may require strong KYC and after that the ATMs without cameras are also not available in the whole world as if they remain without camera then nothing will remain in it within a day. I mean robers get the benefit.

[BitMaxz]

It seems that the trust wallet would be the best option they do not have KYC verification and Coinomi use 3rd party simplex that accepts debit/credit card.

Anyway, adding this I found a big list of exchanges without KYC required and other P2P exchanges.

Check them here https://bitcointalk.org/index.php?topic=5270416.0

[adaseb]

These days your chances of finding a Bitcoin ATM which doesn’t require a copy of your passport/drivers license is slim. And same with meeting face to face with someone.

The Bitcoin ATM varies by countries however many these days only let you use them if your KYC in some way or another. If you are going to KYC you might as well just use an exchange like Coinbase.

Face to face now is not popular due to all the exchanges out there. It’s more safer and convenient. Many stopped doing P2P trades after they heard on the news of someone getting hurt while doing a Bitcoin transactions in person.

[tbct_mt2]

You can choose non-KYC platforms to use but they don't allow you to trade or trade partners don't agree to trade with you at high value.

So if you are planning to trade with big capital, you will have to do it many times. It is only matter if you have big capital. For small one, go ahead with them, no issue at all.

Check some from https://kycnot.me

[YOSHIE]

Your question remembers me on both topics below.
Maybe if it's explained too long, after all, it's been explained below.

Maybe, you want to see it.

*BTC ATMs without KYC or security cameras (are there any?)
*Bisq (various methods)

You may find additional information here about ATMs and countries that do not apply the KYC method.
Topic: Buying Bitcoin with no KYC verification

Or this one.

What else?

There it seems, it's more fiat to Bitcoin.

This post is about exchanges that allow their customers to deposit, trade and withdraw bitcoins and other cryptocoins, without any need for verification (that is, to send our personal documents) and also allow trade of fiat, but not deposits or withdrawals of fiat.

Therefore, these exchanges don't allow any money laundering (since it's necessary to transfer the money to the banking system in order to "clean" it), but they respect our privacy.

www.btc-e.com
www.bitfinex.com
www.virwox.com
www.bitvc.com (the new Huobi exchange)
www.okcoin.com  (only mobile verification if you only deposit/withdraw crypto)

Lower volume:
www.justcoin.com (only mobile verification)
www.therocktrading.com
www.bitkonan.com
www.crypto-trade.com
www.mcxnow.com (they have their mcxBux, pegged to the USDs, but with very low volume)
www.vircurex.com (but after the hack, is a dying exchange)
https://goc.io/
https://c-cex.com
https://bx.in.th (Thai Baht, no USDs)
https://hitbtc.com

[davis196]

I'm not a fan of KYC,but any platform that doesn't require ID verification should be considered shady and you should use it at your own risk(with great caution).
Almost all fiat-to-BTC traders would require you to upload ID,even if they are using a platform like Bisq.
The best way would be to find some really trusted BTC/fiat trader and somehow earn his trust,by being honest and never trying to scam him.
You shouldn't rely on platforms and methods.You must find trusted people and build connections with them.
This is a business between people,not between platforms and companies.
Trust is everything in this business.

[NeuroticFish]

What else?

There are some businesses selling crypto cards without KYC.
And here there are 2 categories:
1. Known crypto-card businesses' non-KYC cards which are fewer and fewer and have extremely small lifetime top up amount.
2. Cards offered basically for extra fees on other peoples' name. I don't know them that good and one has to be very careful since it's a risky and gray area (at best) business, it may worth mentioning, since afaik at least one such business does exist and it doesn't scam its users.

[Fivestar4everMVP]

What are some of the best ways to convert fiat to Bitcoin, without having to provide identification to a third party?

Ideally something that would work in high volumes, electronically and at low cost of conversion.

Some methods:
*Cash in person

You will agree with me that this method is not convenient, and you will also agree with me that by this method, you have automatically KYCed yourself, because you've meet the person face to face, he knows you and in the process of exchanging cash and bitcoin, he or she will end up getting one or two information about you.

*Money orders

I don't know about this method so I won't comment on it.
 

 
*BTC ATMs without KYC or security cameras (are there any?)
*Bisq (various methods)

You will hardly find any ATMs or( fully put), bitcoin ATMs any where around the world without security cameras, even when there are no CCTV cameras around, the machines come with their own built in cameras with some time is hard to notice, but it's there.

What else?

It all depends on the country one is living in, like in my country, it's currently very hard to find a means to convert fiat to crypto with out any form of kyc, though some kyc, like level 1 kyc on Remitano only required a phone number verification, with this, you can buy bitcoin with our local currency but at a very limited daily capacity or quantity.

[Ararbermas]

 Perhape p2p will be the best solution if you don't want kyc for converting your btc. But a friendly reminder because it's too hard to find some legitimate platform nowadays due to some frauds around the internet. So if i were you watch some video tutorial in youtube probably it help you to find legit platform or sites. just read some feedbacks and of course don't fall easily and always seek for more specific information to prevent scammers..

[toast]

Person to person trade is the best method to convert your Fiat to Bitcoin it can easily avoid the KYC and as long as it safe to trade with that particular person but one of my alternative is the Bisq.Network it is easy to use, no KYC and registration and lastly it is open source project.

[sana54210]

Perhape p2p will be the best solution if you don't want kyc for converting your btc. But a friendly reminder because it's too hard to find some legitimate platform nowadays due to some frauds around the internet. So if i were you watch some video tutorial in youtube probably it help you to find legit platform or sites. just read some feedbacks and of course don't fall easily and always seek for more specific information to prevent scammers..

Aside from P2P, we also have decentralized exchanges that does not ask for a KYC although decentralized exchanges might now work very well compared to centralized exchanges that are smooth enough and is also very secure.

Some trusted P2P sites are already mentioned above for the op to check. I don't really recommend to find sites on youtube because they can be misleading and only doing it for promotions or to scam people. P2P trades doesn't needs kyc but it can be very risky because you never know the reputation of the people your dealing with. This is why it is advised that we must use a trusted escrow before doing any trades.

[jossiel]

Person to person trade is the best method to convert your Fiat to Bitcoin it can easily avoid the KYC and as long as it safe to trade with that particular person but one of my alternative is the Bisq.Network it is easy to use, no KYC and registration and lastly it is open source project.

That's the first idea that came to my mind. But what if both parties don't agree to each other terms?

In the forum, this is possible through an escrow. But what if he's going to do that with any other platform? That's where the question will start unless there's the same service made by reputable people from that platform.

But to be honest, it's hard to find those trustworthy people in a P2P in other platforms that's why it's still good to rely on the forum's escrow.

[d5000]

A bit more complicated, but should work even in jurisdictions where it's hard to find safe non-kyc direct exchange methods:

1) Buy the quantities you desire of any good which is massively sellable, preferably a virtual good (e.g. tradeable gift cards).
2) Sell these goods for Bitcoin.

This has the advantage that it doesn't put your bank account in danger, as you never will connect the "bank space" with the "Bitcoin space" directly.

Another one which may work but its usefulness depends on the electricity price:

1) Buy a powerful PC for CPU mining.
2) Mine any altcoin where CPU mining still works.
3) Change the altcoin to Bitcoin via a P2P exchange.

It doesn't matter if the coins are massively devaluated - in this case, its difficulty should also be pretty low. The only important thing is that there is a liquid market which doesn't require KYC (preferrably a DEX/P2P exchange).

If electricity price is high, you may be lucky with a HDD mining coin like Burst, or even an HDD renting blockchain like Siacoin.

[toast]

You have a good point @jossiel, and I agree that resorting to availing the service of a forum’s escrow would make this P2P transaction a safer alternative instead of doing KYC. With regards to escrow on other platforms, it would be really hard to find that is guaranteed to be safe and trustworthy, so you have to stick with what you know that’s more guaranteed.

[Findingnemo]

Localcryptos is a p2p like Localbitcoins with No mandatory KYC for registering but I don't feel there is enough good volume compared to the LBC and Paxful but if no KYC is your priority then its a choice available for you and who knows your country fiat may have enough volume. But read the terms of traders as well before opening a trade because a trader can ask to verify identify which is allowed by the platform.