Since Bitcoin(BTC) has become popular all over the world, there are more people who want to buy Bitcoins for themselves, now more than ever. Although everyone is interested in buying Bitcoins(BTC), very few people are aware of the process. One thing about blockchain technology is that all the purchases made on the particular blockchain are recorded on a global ledger that is publicly shared, which means if you buy or sell a Bitcoin it would be recorded on the blockchain and your purchase is not anonymous anymore.
Though blockchain technology makes the transactions secure, if you really want to anonymously buy Bitcoins(BTC), that could be nearly impossible. You might want to remain anonymous because you are concerned about your privacy or maybe because you don’t have a valid ID to pass the verification. Whatever might be your reason, buying bitcoins without verification can be made possible via some marketplaces.
Since you are willing to check out these other sources to buy bitcoins being anonymous, you should also know that almost everything comes with a price. If you want to buy Bitcoins(BTC) and remain anonymous at the same time, you might be required to pay some price for that anonymity. The price you pay here would be a little more than the price you pay when you are buying Bitcoins(BTC) conventionally.
That being said, here is some information we gathered for you, on the best ways in which you could buy Bitcoin(BTC) with no verification. Let us go ahead and have a look at them and maybe choose the ones that might suit your requirements as well.
And one more thing that you need to keep in mind is that if you are planning to buy Bitcoins(BTC) one of the first things that you need is a wallet to store your Bitcoins(BTC).
Now that we are clear let’s jump into the topic.
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LocalBitcoins
LocalBitcoins promote peer-to-peer trading. In many ways, it is similar to the well-known marketplace eBay. Here on LocalBitcoins, you will purchase Bitcoins(BTC) directly from the seller. The platform is built atop the Tor network which has no central servers. Here there are sellers and buyers. The buyers can buy Bitcoins from the sellers without any verification.
They both can make offers and agree upon a price and make the trade either through cash deposit or meeting them in person and then trading cash. One advantage of using LocalBitcoins is that as long as there is a seller available, LocalBitcoins will be available anywhere.
BitQuick
Another way through which you can buy Bitcoin(BTC) without verification is with BitQuick. Bitquick facilitates your transaction between you(the buyer) and the seller via cash deposit. It supports thousands of banks, so you don’t need to worry about that. While buying Bitcoins(BTC) through BitQuick, both the users need to agree on the price of the trade.
Once you agree, the seller will hand over the Bitcoins(BTC) to BitQuick. Until the buyer makes the deposit of the agreed-upon amount to the seller’s bank account BitQuick holds the Bitcoins(BTC) acting as an escrow. After the buyer deposits, the amount and the seller confirms the transaction BitQuick will move the Bitcoins(BTC) to the buyer’s wallet completing the transaction.
Bitit.gift
With Bitit, you can buy Bitcoins(BTC) using a 3D secure credit or debit card within minutes. If you want to use cash for the transaction, you could do so in over 150 thousand local stores using various gift cards like Cashlib, Neosurf and Flexepin.
One drawback about using Bitit is that you can purchase your first 25 Euros without any ID verification, but later on you will be needed to provide some of your personal information like your name, Date of birth, Address, city, country and phone number.
Bitcoin ATMs
There is another simple way using which you can buy Bitcoins(BTC) without verification. That is Bitcoin ATMs. These ATMs are available in many places and using them is as simple as using our regular ATMs. But one difference is that instead of withdrawing your money in your respective currencies, the ATM will be delivering the Bitcoins(BTC) to your wallet address. You can see different types of Bitcoin ATMs available out there that are made by several different companies and most of them don’t ask you for verification.
With these ATMs, you can buy Bitcoins(BTC) very easily. You just need to insert the cash required for the transaction and the Bitcoins will be deposited into your wallet address. As a transaction fee, these ATMs will charge you a 5 to 10% fee upon your deposit.
ShapeShift
Shapeshift is more of an exchange than it is a selling platform. This exchange lets you buy Bitcoins without verification as here you would be swapping other coins for Bitcoins, which means you first need to buy those coins in order for you to swap them to Bitcoins. But if you already have any other coins like Litecoin, Tether(USDT), Ripple(XRP), Ethereum(ETH) or Monero(XMR), you can buy bitcoins with them in seconds without any ID verification.
All you need to do is visit Shapeshift.io and choose the coins that you wish to trade from the box displayed. Make sure to check that under ‘Deposit’ you select the coins that you wish to swap and under ‘Receive’ select Bitcoin(BTC) and then continue with the trade. Then you need to enter the addresses that are asked in the pop-up screen and then proceed by clicking Start transaction. Then you can complete the trade by depositing your other coins and within seconds the Bitcoins(BTC) will be deposited into your Bitcoin wallet.
Wrapping up
There might be many reasons that make one to prefer buying Bitcoins(BTC) without verification. Some may have privacy concerns, some might be tired of the long waiting time to complete the verification process and some with some other reason. Whatever might be your reason, above mentioned ways can help you buy Bitcoins(BTC) without verification. Choose the one that suits you best and proceed with it. Found the information helpful? For more such articles visit Zeen.
