Buy Bitcoins without KYC verification by using clues from Reddit.

Reddit explains how to sell BTC anonymously

Most investors delving into the crypto space are doing so on the note of anonymity. However, bitcoin is only pseudo-anonymous. As such, while identities don't appear on the blockchain transactions themselves, exchanges or websites that require KYC or AML have the information about the user. For several investors, they find this troubling. However, there are several ways for investors to purchase bitcoins anonymously and without identification or verification.

This article contains Reddit excerpts with references to how to buy bitcoins without a verification ID.

Ways to Buy Bitcoins Without Verification

A simple search on Reddit, "buy bitcoins without ID verification," would reveal several links and discussions with relevant information. A particular Reddit trend from 2 years ago, posted by viktaur, outlines some ways to buy bitcoin without verification. Some of the ways outlined in the comment section of the post include;

Buy bitcoin using anonymous bitcoin exchanges, also known as peer-to-peer (P2P) systems.

In the comment section of the trend on Reddit, some exchanges were recommended, including P2P exchanges like localcoinswap and hodlhodl, where users can buy bitcoin without id verification, as seen in the image below. Kycnot.me being recommended, as seen on the image, also rates different exchanges according to their level of anonymity, with bisq being at the top of their list. 

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Using bisq as a typical example, take the following steps to buy bitcoins on p2P exchanges anonymously;

1. Download and run the Bisq app on your laptop or desktop computer.
2. Then configure Bisq with your USD payment method details.
3. Then browse Bisq's offer book for existing offers to sell BTC for USD.
4. The user can agree to buy the seller's BTC for their USD.
5. send USD from your bank to the seller's bank and confirm in Bisq that you have done so.
6. Wait for the seller to confirm receipt.
7. Once the seller receives, they release the bitcoins to your pre-entered bitcoin address.
8. On receipt of your bitcoin, your trade is complete.

To avoid being scammed on P2P platforms, make sure to read the instructions on the website. Here are some best practices that can be helpful too:

• Check the information about the seller to see ratings and comments from other buyers and the number of past transactions handled.
• After sending the agreed USD, always have evidence of payment to show in case of "an appeal" or "dispute resolution." 
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Buy Bitcoins Without ID Verification using Amazon Gift Cards. 

On the same trend, a user also commented and gave a detailed explanation on the use of Amazon gift cards to purchase information without using an ID. The image below explains perfectly how this user does so on the site purse.io.

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Another Reddit trend on a related topic buy bitcoin with a credit card and no ID, listed many sites, primarily P2P sites, to help users buy bitcoins without id. Although most users cannot find a way to do this, It referenced another easy method to do this: bitcoin ATMs.

Buying Bitcoins Anonymously Using Bitcoin ATMs

As seen in the image below, a recommended way to buy bitcoins using credit cards and no id is a complicated process where you end up using a bitcoin ATM. The major disadvantage to using a bitcoin ATM is the high fees, and however, it is one of the best methods for staying anonymous. Also, keep in mind that certain Bitcoin ATM operators offer 0% fee during discounts, or even +1% extra eur/btc. One of examples is a popular Shitcoins.club Bitcoin ATM. Locations of the ATMs you will find on this Bitcoin ATM Map.

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Some bitcoin ATMs come without any form of verification. Take the Lamassu model bitcoin ATM, for instance. It is known for its anonymity, with no cameras attached and a simple operation method. It is one of the most installed bitcoin ATMs in the world. For Reddit users to buy bitcoin using this machine, first create a bitcoin wallet, so you have an address to send to, then follow this procedure; 

1. Use Bitcoin Map to find the nearest bitcoin ATM to you.
2. If it is the Lamassu ATM, "click start."
3. Enter the bitcoin amount in fiat currency.
4. Scan the QR code of your Bitcoin address.
5. Insert cash into the machine.
6. Click on "Send." You will receive the bitcoins in your wallet almost immediately. 

Watch the video here for a practical demonstration.

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The comments also suggest that some other bitcoin ATMs accept credit and debit card payments for bitcoin purchases. 

Conclusion

The financial world, as well as the world in general, is tending toward privacy security. It is no wonder decentralized exchanges and Web 3.0 are being embraced. Reddit users and others worried about their privacy can use any of the steps outlined in this article to buy bitcoins without identification or verification easily.

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