Top 3 methods to sell Bitcoin anonymously

Bitcoin Mixer is an intermediary software platform between Bitcoin senders and recipients during a Bitcoin transaction. The software randomly scrambles the sent coins so that they can no longer be traced back to your Bitcoin address once they are received.

In simple terms, Coinjoin transactions are when more than one person contributes to it. They do not require trust because each person signs a transaction only after they pay as expected.

They are used today mainly to improve privacy by invalidating the assumption that all inputs to a transaction are from one person.

Whether cryptocurrency mixing or bitcoin mixing are legal are frequently is asked. Learn why and how here;

Recently, Larry Harmon was arrested in Ohio for running Helix, a bitcoin hashing service, and a dark internet search engine, Gram. He was indicted on money laundering charges for creating an unlicensed money transfer platform. However, using a bitcoin mixer was not the cause of the problem here.

Helix was an unauthorized bitcoin mixing company affiliated with other companies owned by Larry and Gram, a darknet TOR-based search engine. The government confiscated all of its bitcoins, and its services were suspended due to the illegal operation of the BTC mixer.

What does this mean for you as a Bitcoin user? Right now, Bitcoin Mixers are in a gray area that many governments dislike as they lose a lot of tax power. For a cryptographic exchanger to be considered legal, it must undergo a legal process and register with the authorities. These services must also prove that they are not involved in any illegal or illegal activity, store user data, and confirm their identity. We're far from complete Bitcoin privacy, and authorities are always looking for the suspicious activity of most blenders.

In 2019, Bestmixer.io, the central Bitcoin mixer, was shut down. It shows a fine line between privacy and breaking the law. Therefore, choosing a Bitcoin mixer service that does not store user data is essential, and it should be carefully examined before using the bitcoin mixer (bitcoin tumbler).

In addition to using a Bitcoin mixer, there are a few other things to consider if privacy is your thing. To perform anonymous bitcoin transactions, buy and sell bitcoins over a VPN or perform all blockchain transactions over the Tor network and choose a provider (peer-to-peer) that provides as little personal data as possible from you.

Use an anonymous bitcoin wallet on your computer, and don't use online providers to store bitcoin. Before withdrawing Bitcoins back to your bank account, please use the Bitcoin cup to avoid leaving traces.

Bitcoin mixers are widespread, especially in the age of internet data protection. A few years ago, there was a common myth that only cyber criminals should worry about their privacy. That's not true. Privacy is paramount and every internet user needs to protect theirs. Lots of third party companies and corporations are constantly looking for people's private information to customize their ads. After all, we are in the information age. To prevent such third parties from accessing your information, many people use anonymous services to keep their finances private.

There is a common myth that Bitcoin is an undetectable payment method and is only used to pay for the illegal activities of criminals. Those who believe this myth often think that Bitcoin is untraceable and therefore untraceable. In addition, they believe that private information is safe and not at risk. It's not always like that.

To some extent, Bitcoin provides privacy compared to other payment methods, especially those involving third-party companies such as credit card companies. However, it does not provide complete anonymity as is the case with cash transactions. It is possible to trace a person through their Bitcoin transactions and obtain valuable information.Bitcoin is a peer-to-peer decentralized digital cryptocurrency.

No third party platforms are used in the transaction to handle the transaction. This does not mean, however, that there is no way to reverse a transaction.

This is where the so-called blockchain comes into play - have you heard of it? Blockchain acts as a storage place for Bitcoin transactions.

It is publicly available and powered by multiple independent computers that record every Bitcoin transaction in units called blocks. Therefore, Bitcoin transactions leave a public digital footprint that can be traced back to the owner of the Bitcoin address.

Transactions are not completely anonymous. Therefore, it is recommended to use a bitcoin hash service to hide the owner's personal information in the blockchain.

One anonymous way to buy Ether is LocalEthereum (peer-to-peer). You can use PayPal or credit/debit cards.