11 Best Way To Buy Cryptocurrency Anonymously

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If you’re looking for the best way to buy cryptocurrency anonymously, read further and you’ll know you’re at the right place.

Basically, there are four ways to acquire cryptocurrencies.

  • Earning
  • Exchanging
  • Mining
  • Buying

Earning: Earning mainly involves working for a crypto-related company so that the payouts come in cryptocurrencies. This is nowhere near anonymous.

Exchanging: As the name suggests, exchanging literally refers to acquiring cryptocurrencies by providing goods or services. It can also refer to swapping one cryptocurrency in exchange for another. Almost all the exchanges require KYC nowadays so they are also non-anonymous.

Mining: Mining is the easiest way to acquire a cryptocurrency but unfortunately, it is only profitable if you use expensively dedicated hardware. Miners are also traceable using the nodes they work on so mining is also unreliable for anonymity.

Buying: So the best way to buy cryptocurrency anonymously is by buying it privately and discreetly.

I will show you the real and best way to buy cryptocurrency anonymously.

Best Way to Buy Cryptocurrency Anonymously in 2021

Cryptocurrency is getting more user-friendly more accessible but also more regulated.

The regulation makes cryptocurrencies a lot less wild that is, it’s a bit harder to get started in crypto without going through the hectic KYC verifications that most exchanges have now been forced into adopting.

Luckily there are still some ways to buy crypto anonymously.

Check out these crypto exchanges/P2P platforms if you’re just looking to remain anonymous in the true spirit of the crypto world.

  1. LocalCoinSwap
  2. LocalCryptos
  3. ChangeNOW
  4. Paxful
  5. Remitano
  6. HODL HODL
  7. LocalMonero
  8. Bisq
  9. Agoradesk
  10. LocalBitcoins
  11. ATMs

Detailed Views on Best way to buy Cryptocurrency Anonymously

1. LocalCoinSwap

Localcoinswap is a multi-custodial trading platform that facilitates peer-to-peer custodial and non-custodial trades.

Simply put, it lets you buy or sell cryptocurrencies, that is, you can buy a cryptocurrency for cash or you can sell a cryptocurrency for cash.

Localcoinswap can be used to buy as well as sell bitcoin and 10 other cryptocurrencies anonymously.

The buyers and sellers are normal users like you and me that are just looking to sell their cryptocurrency for cash.

While trading with a buyer/seller, you can also interact with him and clear any doubt regarding the exchange.

There are literally hundreds of sellers looking to sell different cryptocurrencies for cash.

ID Verification

Localcoinswap doesn’t require any kind of verification that’s why I think it is the best way to buy cryptocurrency anonymously.

Trading Fees

Localcoinswap charges a 1% fee on all the completed trades, which I think is reasonable.

Supported Cryptocurrencies

Localcoinswap is used to trade the following cryptocurrencies:

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Tether (USDT)
  4. Polkadot (DOT)
  5. Dash (DASH)
  6. Kusama (KSM)
  7. USD Coin (USDC)
  8. Nexo (NEXO)
  9. Dai Stablecoin (DAI)
  10. LCS Cryptoshares (LCS)
  11. Paxos Standard (PAX)

Payment Methods

I can guarantee that you don’t have to worry about the payment methods. It has almost every payment method you can think of.

Localcoinswap supports 300+ payment methods. Some notable ones are:

  • UPI payments
  • Cash transfer
  • Bank transfer
  • Google pay
  • Paypal
  • PayID
  • Skrill
  • Western union

Pro Tip: If you find a seller who lives in or near your city, then you can ask him to sell crypto face-to-face at a physical location. This is literally the best way to buy cryptocurrency anonymously.

How Localcoinswap Works

  1. Go to Localcoinswap
  2. Click Register now and complete the sign up
  3. Go to buy crypto and view all the offers
  4. On the search filter, choose the cryptocurrency you want to buy and select the payment method you’d like to use.
  5. You’ll see the list of offers. Choose the one you like.
  6. Click the buy button and Localcoinswap will guide you on every next step

Caution: Transfer money to the seller only after the money is in escrow and NOT BEFORE.

My Opinion

Localcoinswap is a P2P exchange platform that offers escrow protection services for every trade. It is relatively new as compared to other P2P platforms but I believe it is soon going to be the biggest of them all.

2. LocalCryptos

Formerly Localetherium, Localcryptos is an exclusive peer-to-peer marketplace for crypto to fiat or fiat to crypto trades with no KYC requirements.

ID Verification

Simply put, Localcryptos lets you find and buy a cryptocurrency with your national currency (or any currency that you use) without asking for any form of ID verification.

Trading Fees

Localcryptos charges trading fees as a maker and taker fee.

The maker (seller) is charged 0.25% and the taker (buyer) is charged 0.75% on all the trades.

Supported Cryptocurrencies

Localcryptos used to support only one cryptocurrency, that is, Ethereum (ETH) but now it supports the following four cryptocurrencies.

  1. Bitcoin (BTC)
  2. Litecoin (LTC)
  3. Ethereum (ETH)
  4. Dash (DASH)

Payment Methods

LocalCryptos payment methods are quite diverse. These four cryptocurrencies can be bought with national fiat currencies of more than 140 countries worldwide.

Some popular payment methods are:

  • Cash (in person)
  • Bank transfer
  • Cash deposit
  • IMPS
  • SEPA transfer
  • UPI
  • MoneyGram

How Localcryptos works

It is very easy to use and the platform basically guides you in every step you take. Here is how Localcryptos works.

  1. Sign up using basic pieces of information like name, email, etc.
  2. Find an offer on the cryptocurrency you want to buy
  3. Choose the payment method you prefer
  4. Click on buy and start the transaction with the seller
  5. Wait for the seller to put funds in escrow
  6. Send the payment to the seller
  7. Once the seller confirms the payment, get your crypto into your wallet

Buyer Protection

The site is well designed. The system of the website is really good at keeping scams to a minimum and you can typically find prices that are fairly close to the market.

You can chat with the sellers over their encrypted messaging systems and you can ask questions and feel out how reliable they may be.

Be aware that some sellers may ask you for an ID to be sent over the encrypted messaging system before they send the crypto.

They may just check it and delete it but that’s a call you will have to make because even a seller with a good reputation may be selling IDs on the side.

My Opinion

In my eyes, LocalCryptos is another best way to buy cryptocurrency anonymously but it is only second because it facilitates 7 lesser cryptocurrencies compared to Localcoinswap.

3. ChangeNOW

ChangeNOW offers a very high degree of anonymity to its users. It is mainly used for swapping one cryptocurrency for another or for swapping a fiat currency for a cryptocurrency.

ChangeNOW is lightning fast, easy to use, and really anonymous for crypto to crypto or fiat to crypto exchanges.

ChangeNOW image for best way to buy cryptocurrency anonymously on Cryptoonews.com

ID Verification

Forget ID verification, you don’t even have to sign up on ChangeNOW (For swapping).

Trading Fees

ChangeNOW doesn’t charge any trading fees directly. It makes money from the spread of the exchange rate but it’s usually below 1%.

Supported Cryptocurrencies

ChangeNOW can be used to buy 250+ cryptocurrencies and this of course includes all the major crypto coins like Bitcoin, Ethereum, Litecoin, Monero, etc.

Payment Methods

ChangeNOW offers two payment methods:

  • Crypto to crypto
  • Credit/debit card

Note: Keep in mind that card payments are charged a whopping 3-7% fee.

Trading Limit

There is no trading limit on ChangeNOW so trade as much as you want.

How ChangeNOW works

ChangeNOW is probably the easiest and the best way to buy cryptocurrency anonymously.

All you need is a cryptocurrency to send and a wallet address of another cryptocurrency that you want to receive.

The company offers really cool ways to swap cryptocurrencies.

One such cool way is you can use the below widget to swap any cryptocurrency right here right now.

Don’t want to exchange here? Go to the ChangeNOW.

My Opinion

My Opinion may not matter but on Trustpilot, ChangeNOW has a rating of 4.7 out of 5. High ratings like this are really rare.

Overall, ChangeNOW doesn’t even require a sign-up for swapping but it requires one when you use a credit/debit card.

In terms of its swapping service, it is definitely the best way to cryptocurrency anonymously.

4. Paxful

Paxful is quick, easy to use, and somewhat anonymous. It could easily prove to be the best way to buy cryptocurrency anonymously for you. It’s an online peer-to-peer marketplace that connects buyers and sellers to buy and sell cryptocurrencies in exchange for their national or desired fiat currency.

Paxful even supports 37 different languages to make you feel like you’re making native transactions.

ID Verification

ID verification is purely optional.

Trading Fees

Paxful charges a 1% trading fee on all the completed trades. So if you buy 1BTC, you will pay 0.01BTC trading fees.

Supported Cryptocurrencies

Paxful currently supports these 3 cryptocurrencies.

  1. Bitcoin (BTC)
  2. Ethereum (ETH)
  3. Tether (USDT)

Payment Methods

There is no limit on payment methods on Paxful. I don’t you will encounter any problems while finding your favorite payment method.

Paxful supports 400 payment methods.

  • Bank transfer (10 ways)
  • Online wallets (185 ways)
  • Debit/Credit cards (20 ways)
  • Cash payment (18 ways)
  • Gift cards (126 types)
  • Goods & services (5 ways)

However, another great payment method is by paying through 36 different cryptocurrencies.

How Paxful Works

  1. Go to Paxful, create an account using name, email, etc
  2. Paxful will make a free crypto wallet for you as soon as you sign up
  3. Select the cryptocurrency you want to buy
  4. Select your favorite payment method from the looong list
  5. Check the available offers
  6. View the sellers and check their profiles and reputations and choose the one you’d like to trade with
  7. You can directly chat with the seller and clear any doubts
  8. If everything seems right, you can initiate a trade
  9. After initiating, you’ll be redirected to follow the step-by-step process of the trade.
  10. All the steps are pretty simple. Just follow them accordingly and get your desired crypto

My Opinion

Paxful provides 400 payment methods, charges a minimal fee, supports almost every national fiat currency, provides escrow protection for the buyers. So is it the best way to buy cryptocurrency anonymously? Yes.

5. Remitano

Available in 30+ countries, Remitano is an online crypto platform that can be used to invest in cryptocurrencies, swap cryptocurrencies, and as a peer-to-peer cryptocurrency exchange platform.

You can use Remitano to get two times the margin on your crypto investment and sell it on the platform for profit or you can swap it for another cryptocurrency available on the exchange.

Remitano image for the best way to buy cryptocurrency anonymously on Cryptoonews.com

ID Verification

No ID verification is needed for P2P exchanges.

Trading Fee

Remitano charges a 1% trading fee on all the trades.

Supported Cryptocurrencies

Remitano P2P exchange can be used to buy the following cryptocurrencies privately.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Litecoin (LTC)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)

Payment Methods

All the common payment methods like wire transfers, credit/debit cards are supported by Remitano. However, the seller also mentions the specific methods he uses to sell his cryptocurrency. So choose accordingly.

6. HODL HODL

HODL HODL is a P2P marketplace used to directly buy and sell bitcoins. It is also used to lend and borrow bitcoins. So if you want to lend bitcoins, go to the website or if you want to borrow bitcoins, go to the website.

It is headquartered in London, England, UK, and is truly a decentralized platform.

ID Verification

No ID verification is required.

Trading Fees

0.6% trading fees. This is the lowest among all the peer-to-peer crypto exchanges.

Supported Cryptocurrencies

You can only buy Bitcoin (BTC) on HODL HODL. However, you can swap 30+ cryptocurrencies for bitcoins.

Payment Methods

Like other P2P platforms, there is no shortage of payment methods on HODL HODL. Some popular ones are:

  • Cash by mail
  • Cash (in person)
  • Bank transfer
  • Credit/Debit card
  • UPI payments
  • Altcoins to bitcoins

My Opinion

It is a ‘TRUE’ decentralized exchange that respects the anonymity of its users.

Since it lets you buy only bitcoins so I must say it is currently the best way to buy bitcoin anonymously.

7. LocalMonero

Out of all the cryptocurrencies, Monero (XMR) is the most anonymous.

So it makes sense that if you want to buy a cryptocurrency anonymously, you must consider Monero (XMR). It is completely untraceable.

Are you using TOR or I2P? LocalMonero has dedicated platforms for both.

LocalMonero is the best way to buy Monero anonymously. It was founded in 2017 and is based in the British Virgin Islands.

The way it works is, you start a trade with a seller on LocalMonero, it locks the funds of the seller in an escrow and once you send the payment and the buyer confirms that he received it, you’ll get your Monero.

I have personally used LocalMonero for more than 3 years ago so I can vouch for its authenticity.

The only precaution you need to take is to send payment to the seller only after his Moneros are locked in an escrow.

ID Verification

None whatsoever.

Trading Fee

Luckily, there are no trading fees for buyers.

Only sellers are charges 1% on all their sales.

Supported Cryptocurrencies

You can only buy or sell Monero (XMR).

However, you can also swap many cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) for Monero on LocalMonero.

Payment Methods

It supports too many payment methods. Let me tell you about some major ones.

  • Cash by mail
  • Bank transfer/deposit
  • Credit/debit card
  • Google pay/Apple pay/PayPal
  • Crypto to crypto

My Opinion

I, myself have used LocalMonero for hundreds of transactions and I genuinely believe it is the best way to buy Monero XMR anonymously.

8. Bisq Network (Formerly Bitsquare)

Bisq Network image for the best way to buy cryptocurrency anonymously on Cryptoonews.com.png

If standard crypto exchanges aren’t decentralized enough for you, you may prefer Bisq (formerly Bitsquare).

Bisq is a fully automated, decentralized opensource piece of software that is run using a TOR peer-to-peer network and govern by DAO (Decentralized Autonomous Organization)

It has built-in anti-scam and dispute resolution methods including security deposits, account signing, trade limits that increase over time, multi-signature addresses.

Its arbitrator mediators get paid to resolve disputes that arise between the buying and selling parties. The system works quite reliably well and the safety mechanisms keep it relatively scam-free.

Bisq Network image for the best way to buy cryptocurrency anonymously on Cryptoonews.com.png

You will require a certain level of comfort with cryptocurrencies and technology to use Bisq.

You have to download Bisq software and go through a few steps but if you’re interested in buying cryptocurrency through a decentralized exchange chance are that you most likely already fulfilled these prerequisites.

How Bisq works

Here’s how to get started and make your first transaction.

  1. Download the software available for android, iOS and most desktop operating systems
  2. Connect a national or fiat currency account and fund your Bisq wallet with Bitcoin with a minimum of 0.006BTC (around 30$)
  3. Find an offer to buy bitcoins at the quantity and price you want
  4. Send the funds in the listed security deposit and transaction fees to the trade wallet where they’ll be held in escrow until the trade is complete
  5. You get them back if there are problems during the trade
  6. If there aren’t any problems, confirm the trade
  7. Send the payment before the time runs out and mark the payment as sent
  8. When the seller receives your payment they’ll release the Bitcoin and your security deposit

Bisq Issues

Despite being a decentralized exchange and offering the best way to buy cryptocurrency anonymously, Bisq also comes with its fair share of issues.

The biggest issues you’ll face with Bisq are the relatively high prices and the limits you’ll initially have on your account.

Due to the increased risk, sellers often mark up the market prices by up to 20% and you’ll find sellers who will sell you the 0.01 BTC.

You need to get your account signed and marked as reliable. It can be difficult especially if you want to pay a reasonable price.

However, you can make your own buyer listing and add the price and quality of your choice.

9. AgoraDesk

Agoradesk is a relatively new platform founded in 2019 and based in the British Virgin Islands.

AgoraDesk image for the best way to buy cryptocurrency anonymously on Cryptoonews.com

People from 200+ countries can use Agoradesk to buy and sell Bitcoin (BTC) and Monero (XMR) in exchange for their national fiat currency.

Sellers post selling ads on the platform and buyers initiate a trade with the sellers according to these ads and their requirements.

In case you don’t like sellers’ offers, you can also post a buying ad according to your requirement and choice.

ID Verification

Nope.

Enjoy anonymity.

Trading Fee

Fee-wise, it is best for buyers.

0% trading fee is charged to buyers.

1% trading fee is charged to sellers.

Supported Cryptocurrencies

Agoradesk is used to buy two cryptocurrencies.

  • Bitcoin (BTC)
  • Monero (XMR)

Payment Methods

Agoradesk supports a super long range of payment methods.

  • Cash (by hand)
  • Cash by mail/deposit
  • Credit/debit card
  • Bank transfer
  • IMPS transfer
  • UPI payments

and many more.

10. LocalBitcoins

Founded in 2012 by Jeremiah Kangas, Localbitcoins is the biggest peer-to-peer exchange platform for buying and selling bitcoins.

It is basically an escrow service platform that ensures buyers and sellers are paid accordingly and scams are kept to a minimum.

It is available in 250 countries with the headquarter at Helsinki, Finland.

ID Verification

LocalBitcoins doesn’t ask for any identity verification but some sellers on the platform do ask for it. However, showing id to a seller is your choice entirely.

Trading Fee

LocalBitcoins charges a trading fee of 1% on all the trades.

Supported Cryptocurrencies

It supports only one cryptocurrency ie Bitcoin (BTC).

Payment Methods

It supports 50+ payment methods. Some popular ones are:

  • Cash (in person)
  • UPI payments
  • Bank transfer
  • Credit/Debit card
  • Western union

You can also use the following 13 altcoins to buy bitcoins:

  • Ethereum (ETH)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Cardano (ADA)
  • Bitcoin cash (BCH)
  • Polkadot (DOT)
  • Chainlink (LINK)
  • USD coin (USDC)
  • Tether (USDT)
  • Stellar lumens (XLM)
  • Ripple (XRP)
  • Verge (XVG)
  • OKB (OKB)

11. ATMs

ATM image for the best way to buy cryptocurrency anonymously on Cryptoonews.com

These ATMs aka BATMs work just like the normal ATMs with the difference being that you can buy cryptocurrencies with these ones and not from those.

The best way to buy cryptocurrency anonymously and without leaving a digital footprint is by using an ATM.

These ATMs can also be used to sell your cryptocurrency anonymously.

ID Verification

Most of the ATMs don’t require any ID verification but keep in mind that some new ATMs have adopted a verification policy and you do need to verify your identity.

The verification usually involves entering your mobile number on the machine and entering the OTP received.

For anonymity, you can use an alias number and identity.

Trading Fees

The trading fee is the main drawback of ATMs.

ATMs can charge a whopping fee of anywhere between 5-10%.

People who prefer complete anonymity have to deal with this.

Supported Cryptocurrencies

ATMs can be used to buy the following cryptocurrencies.

  • Bitcoin (BTC)
  • Bitcoin cash (BCH)
  • Lightning BTC (LBTC)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Dash (DASH)
  • Zcash (ZEC)
  • Monero (XMR)
  • Dogecoin (DOGE)
  • Tether (USDT)
  • Ripple (XRP)

Payment Methods

You do not need a credit/debit card to buy crypto.

All you need is cash to buy crypto or you need crypto to receive cash.

How ATMs/BATMs work

  1. Verify you identity using mobile number (Required by some ATMs)
  2. Select the crypto you want to buy
  3. A QR code is generated
  4. Scan the QR code from the mobile
  5. Get your crypto

Guide on Best way to Buy Cryptocurrency Anonymously

Unfortunately, it’s getting harder day by day to buy crypto anonymously. However, let me share a few important steps that you should take to find your best way to buy crypto anonymously.

Use an Alias

The first and foremost way to anonymize yourself is by using an alias.

Using your real information while buying crypto privately is like doing crime and calling the police at the same time. So try using fake names, emails, and addresses.

Use a Secure Email Address

Email is used on almost every platform so it only makes sense to use an email that is secure, private, and doesn’t disclose the identity of its users.

You can consider Protonmail or Mail2Tor for this.

TOR

IP addresses are easily traceable so buying crypto from the above exchanges without diverting your IP simply tells them your actual location so it isn’t hard for them to track you and the transaction you made from that IP.

You must disguise your IP using TOR (The Onion Router), a really powerful and free tool for anonymity.

Tor is actually an internet browser that connects and shuffles your IP address with thousands of other TOR users.

Tor is available on the following operating systems:

  • Windows
  • OS X
  • Linux
  • Android

Warning: 90% of websites on the onion router are lucrative but scams. Please don’t fall for them.

Use a Logless VPN (Virtual Private Network)

Tor itself is not a complete anonymity solution. The first and last computer that you connect to using Tor does know your actual IP and can easily de-anonymize you.

Tor needs an adversary and that’s where VPNs come in.

VPN is to TOR what Robin is to Batman.

VPN further masks your IP address and allows you to spoof your actual location for any location.

Pro Tip: Use a No-Log VPN as they don’t keep any information and usage of their users.

Top 3 No-Logs VPNs

  • ExpressVPN (Lightning fast VPN that uses RAM based servers)
  • CyberGhost (Easy to use and gives no-log guarantee)
  • IPVanish (Strict policy for no logs and 30-day moneyback guarantee)

Use TAILS (The Amnesic Incognito Live System)

Every OS be it Windows, macOS, Android, or iOS they all track and monitor the activity of their users, so even if you use an alias, Tor, and a VPN, you can still be traced.

If you don’t want to compromise your identity at any cost, use TAILS.

TAILS is literally the best way to buy cryptocurrency anonymously and even use them anonymously.

As its name suggests, it is an amnesic and incognito live operating system that is a variant of Linux.

Simply put, it forgets everything once it’s switched off. However, there are also ways to save information on it.

TAILS isn’t very difficult to use for a Windows or Mac user.

Warning: Buy a new 8GB USB and use it only for TAILS. Never install it on your hard drive.

Use a Prepaid Card

Finally, get a prepaid card from any bank. These cards are traceable but they can’t be linked to the bank account so use them on the above-mentioned platforms and easily buy any cryptocurrency with complete anonymity.

I hope you now know the approach and the best way to buy cryptocurrency anonymously.

FAQs – Frequently Asked Questions on Best way to Buy Cryptocurrency Anonymously

Q1. Why should you buy cryptocurrency anonymously?

Ans. Every week or month, a cryptocurrency exchange is hacked and hackers steal cryptos worth millions as well as the identities of their users who use KYC verifications on the platform.
If those hackers can hack big, secure exchanges, imagine what they could do with the information of their users.
So I believe it’s best to buy cryptocurrency without ID or verification of any sort.

Q2. Why should you make cryptocurrency transactions anonymously?

Ans. The transaction history of most of the cryptocurrencies can be seen on their blockchain so if a hacker is able to tag the wallet address with a user, then he could de-anonymize the identity of that user.
If he wanted, he could also send malware to the user and attempt to extort or steal the cryptocurrency.

Q3. Which is the best cryptocurrency to use anonymously?

Ans. Monero (XMR) is the best cryptocurrency to use anonymously. It was created to give complete privacy to its users. It is completely untraceable so if privacy is in your mind, use Monero.
Pro Tip: It is recommended to use one address for one transaction to further strengthen anonymity.

That’s it for this article.

I hope it was helpful.

If you have any queries/feedback, ask me in the comments or send a message from the Contact page.

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  • bitcoinBitcoin (BTC) $ 32,268.00
  • ethereumEthereum (ETH) $ 1,990.79
  • tetherTether (USDT) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.208588
  • litecoinLitecoin (LTC) $ 118.17
  • moneroMonero (XMR) $ 198.37