💲 Cash — as a rule, this is used to ensure maximal anonymity when exchanging large amounts. You will need to visit the exchanger’s office (sometimes the exchanger employees can come to the client).
The maximal anonymity is ensured only maybe when both the buyer and seller meet up while both are wearing masks
Personally, this is my least favorable method of buying crypto or selling crypto. I think no KYC P2P exchanges where there are fiat for crypto trades and vice versa offer a good level of anonymity.
One thing I noticed is that no P2P exchanges that I know feature among the exchangers. Could it be because there is lack of interest from the exchanges getting listed on Best Change, or probably are some internal policies avoiding this from happening?
More recently, could use a mask under the pretext of a pandemic, add sunglasses and a hat - and here you are, you have already achieved a certain level of anonymity. Although there is talk that this is not an obstacle to the face recognition system.
Here are just a meeting for the exchange of cryptocurrencies in a foreign territory, whether it be an office of an exchanger or another place, calls into question your anonymity. Trite, there may be surveillance cameras. Although in our time, everyone has a camera in their pocket on the phone. With the desire and due skill, anyone can be deprived of his anonymity.
There is a twofold situation here: On the one hand, when exchanging a large amount of money during a physical meeting with representatives of the exchanger, there is at least concern about the successful outcome of the exchange, but there will be no digital trace in the transaction history on the bank account. But on the other hand, whether it is worth risking your money, health or life, for the sake of this and perhaps, one should neglect the paranoia associated with anonymity. Maybe then an online exchanger is better? It is difficult to give an unequivocal answer, because each bitcoiner will have to make a personal choice here.
