How to buy Bitcoin anonymously
January 7, 2017

How to buy Bitcoin at a great rate

Like I read once: “Cheap – Easy – Fast, you can only pick 2”

 

Cheap and Easy is an exchange, for example CoinBase. It wont be fast as you have to provide id documentation and transfer money from your bank.

Cheap and Fast is LocalBitcoins. It may not be easy to find someone in your area, and you will have to go meet up in person which can be dangerous.

Easy and Fast is Coinbase/Circle**. But as you can see, its not the cheapest.

 

You should be aware that buying bitcoins instantly with a debit or credit card will usually result in higher fees because there are higher transaction and processing fees and a higher risk of fraud.

Each exchange company charge a different fee and for that you will need to check their site in order to find out which is better for you. If you want to remain anonymous, other options.

On exchange companies case (Require ID) you can setup a wire transfer (no fee in many of the cases) and then buy bitcoins (no extra fee if you keep them on that company wallet (same bitcoin address).

 

** Circle Internet Financial, once one of the best-funded early bitcoin startups, has announced it will no longer allow customers to buy and sell the digital currency.

 

Partial source: reddit.com

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