Bitcoins have become the de facto currency of the internet – a true international standard money form that is traded on line instead of regular cash. In many cases, it’s often best to buy Bitcoins anonymously, but for novices in online trading, this can prove to be very hazardous. After all, you are basically trusting that the person on the other end of the trade is not selling a counterfeit or copied Bitcoin, and when the seller is doing this all anonymously, there’s little left but good faith to protect consumers.
If you want to learn how to buy Bitcoins anonymously while reducing the chances of being shortchanged to a minimum, the best way to do it is to go to a site that is trusted by the Bitcoin company itself for Bitcoin sales. Many of these anonymous buy sites cater to the US as well as the international community. Bitcoin actually released a guide for anonymous buyers that include sites like Bitquick.co, LocalBitcoins, and CryptXChange. Once again, since it is anonymous purchasing, you do have to take a risk when dealing with new merchants.
Not sure whether to trust a merchant? Bitcoin experts suggest searching up the merchant online before you plunk down the money for your Bitcoin. This way, you can at least know that others have had positive experiences with them in the past. If you are going for anonymity, it’s best to do this as covertly or discretely as possible.
Once you have found a Bitcoin seller that you trust, you’re going to need to figure out how to pay for the Bitcoins anonymously. Most sellers will not accept Paypal or checks due to the ease that buyers can defraud merchants with these modes of payment. Money orders, cash, and wire transfers tend to be more popular but less than stellar options for anonymity. For the highest level of anonymity, Moneypak transfers and gift card transfers tend to be the best option.
It is worth noting that Bitcoins, though much less traceable than regular currency or credit cards, are still somewhat traceable by design. It’s not really totally possible to have money or Bitcoin transactions that don’t leave somewhat of a paper trail for those who are very astute in digital tracking. However, with the right precautions, you can buy Bitcoins as anonymously as possible – which in turn can cause a lot less headaches for you in the long run.