The biggest limitation of anonymous bitcoin exchange platforms is they apply a certain threshold for unverified users both in terms of trading volume and daily or lifetime withdrawals. This can cause a potential problem for those who would like to engage in trading activity anonymously with a high amount of funds. The credibility of the Exchange. Nov 04, · A single anonymous market manipulator caused bitcoin to top $20, two years ago, study shows Published Mon, Nov 4 PM EST Author: Michael Sheetz. If you want to be an anonymous trader, we suggest sticking with crypto deposits. Deposits and Withdrawals – The website operates within the boundaries of crypto trade if you want to maintain anonymity. They accept anonymous deposits from BTC, DASH, ETH, LTC, and Fiat options like Credit Cards, Skrill, Neteller, Wire Transfer, and a couple more.
Anonymous bitcoin traderBest Anonymous Bitcoin Exchanges - No KYC [Edition ] | CaptainAltcoin
HodlHodl best decentralized option — The main idea behind bitcoin is to make payment completely decentralized without a central party handling the transactions. HodlHodl is going back to this idea, offering a truly decentralized market place where you can buy and sell bitcoin from other individuals and remaining completely anonymous.
Visit HodlHodl. Localcoinswap reputable P2P platform is a reputable P2P exchange where you can buy and sell bitcoin directly from other bitcoiners. Some of the sellers have built a very reputable portfolio of prior reviews so you can be sure that your counterparties are legit. Localcoinswap offers literally hundreds of payment methods, including Cash and Western Union to buy Bitcoin, Ethereum, USDT and many other assets without ID verification using other payment methods from a large number of sellers online and locally.
Visit Localcoinswap. Paxful best for cash remained recently one of the last P2P trading platforms where you can still buy bitcoin in exchange for cash from other individuals. There are a vast variety of payment methods including cash and PayPal which you would not usually find elsewhere.
ID verification is only required if the seller request you to do it, however always make sure you choose a reputable counterparty for your transaction with prior track record and reviews. Visit Paxful. It is good news for those who want to buy or trade altcoins, that buying altcoins anonymously is much easier using bitcoin than fiat currencies.
So if you already have bitcoin or other cryptocurrencies, there will be plenty of options to exchange bitcoin for altcoins. However if you want to purchase altcoins for fiat currency, like using USD or EUR you will still need to go through KYC processes just like in the case of buying bitcoin. Binance — Did you know that one of the biggest crypto exchanges in terms of the volume offers anonymous trading possibility? Binance lets you to register, deposit and trade on your account with hundreds of altcoins without asking you to verify your account.
Bear in mind however you can only use the platform up to 2 BTC, beyond that, you will be requested to verify your identity using government-issued IDs and proof of address just like in the case of any regular exchange. Bitfinex is one of the oldest and most reputable Bitcoin exchanges and altcoin trading platforms on the market. They still dont require KYC as long as you dont deposit or withdraw FIAT currency — as long as you stay with crypto, you can trade totally anonymously.
Bitfinex offer a large number of tradeable crypto assets as well as Futures, Margin Trading and you can stake your coins on the platform as well to earn interest on your crypto. Bitfinex is a great choice for all your crypto needs and still one of the best and most reliable trading platforms out there. Visit Bitfinex. BitMax is a crypto derivative platform offering altcoin trading on margin for a lot of less liquid cryptocurrencies. The registration and sign up is pretty straightforward, you only need to provide an email address to have your account opened.
Verification is not mandatory, but you can only trade up to 1 BTC volume daily without passing the KYC process and withdrawals in certain cases also require verification, so make sure you check the terms and conditions before signing up. Visit BitMax.
Tradeogre is a less-known cryptocurrency platform offering truly anonymous trading options in hundreds of altcoins. The trading fee of 0. Also there is no real support only a Twitter account leaving a lot of unanswered questions from users around the internet.
Use it at your own discretion. Visit Tradeogre. Livecoin — Livecoin. Note some coins can have very low liquidity, but that is not necessarily the problem of Livecoin but the market of the coin. The trading fees are as low as 0. However, only alerts about critical movements are sent via SMS. However, with more sophisticated techniques, you can be tracked.
These are possible methods of demasking anonymity. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses.
None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries.
The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.
Not even close. They require folks in the US to upload a front and back copy of our driver license and provide a full social security number which they run against a 3rd-party identity verification system.
We have seen a strong need for better media coverage in the industry as the rise and popularity of digital currency is at an all-time high. Crypto arbitration still works like a charm, if you do it right! Check out Bitsgap, leading crypto arbitrage bot to learn the best way of doing it. Related Articles. Reply SumYngGuy August 6, at Coinbase… semi-anonymous? The website operates from Singapore and has been providing trading services since Here at Coinut. USD deposit is possible but this would require additional identification.
Mentioned above are the best five anonymous trading websites in our opinion. We have talked about their main features and their differences along with their Pros and Cons per website. Again, we would just like to let you know that this is our own opinion and that the final decision will still be up to the trader. We would like to wish you guys good luck and happy trading!
Best Anonymous Bitcoin Trading Brokers On the internet today, we have a lot of Bitcoin brokers that provide anonymous trading. Deposit and Withdrawal Methods — The derivatives margin broker only accept BTC deposits, no other cryptocurrencies and of course no fiat money.
But fortunately this is not the case with PrimeXBT. The only fee occurring with BTC deposits and withdrawals is the bitcoin network fee.
So traders can also trade indices, Forex and Commodities, of course all in the form of perpetual contracts for difference. Website Features — The website is super simple, a very clean design reduced to just those elements that are needed for traders in order to start trading.