Topic: How do you sell Bitcoin anonymously without getting scammed? - page 2. (Read 352 times)

To remain anonymous you should use bisq  is a reputable p2p platfrom which implement Escrow, though you are not guaranteed of 100% security but it is safe. You can also try AgoraDesk I have a friend using it,I always trade on bisq when I don't have an option.

I do trade my bitcoin with a car dealer down the road using p2p decentralized system and if he is not available, i go to the supermarket in the next community not to far from ours with a bicycle. I will better off not used a centralized system because of so many inconvenience and lack of trust. It is good to trade with reputable traders

At a time like this we're privacy is becoming less, with most cryptocurrency exchange ges becoming centralized with AML compliance and KYC verification has become one of the major draws back for those who are privacy conscious and the place for Anonymousity have been lost, even though we have quite a few of other Anonymously decentralized exchange but their operation are still limited and for one to have a 100%/ conversion one will still end up with centralized service in form of banks and what have you.
In having a face to face BTC deal is a no go area as there have been cases of physical attacks and criminals so that option is not popular among Bitcoin users.is

Only if you choose not to learn how to go privately decentralized from third party such as exchanges through which government can be use to apprehend you, p2p itself is made such away that you engage it with decentralized exchange to make any transaction you've always wanted, newbies are the ones that don't know how being decentralized is been done using bitcoin exchanges whenever they wanted to perform a transaction


Dont you crypto here since we are specific on bitcoin and all needed tlis to run a full node or use the bitcoincore client for maximum privacy.


As I've said, this kind of mistakes is common to the newbies unless they had kearnt to remain decentralized with their bitcoi, while other cryptos where centralized already.

Where is the data for this? I see this claim repeated frequently on these forums, often by people who have clearly never actually traded bitcoin peer to peer, but I have never seen any evidence to support this claim. I have never used a centralized exchange and have always traded bitcoin exclusively peer to peer, and have never once been scammed, because I take basic security precautions. However, I have lost count of the hundreds of thousands of people who have lost money from centralized exchanges scamming them, locking their account, seizing their coins, going bankrupt, etc.

People trade goods and services in a peer to peer manner (i.e. paying anything in cash) billions of times every single day around the world.

Use a reputable peer to peer platform which implements an escrow. Bisq is the best choice. Others include AgoraDesk and RoboSats.
If the platform has a ranking system, choose highly rated trading partners.
Choose a payment system which does not support easy chargebacks (i.e. not PayPal or similar). If you want real privacy, then opt for cash.
If opting for cash, then meet your trading partner in a public place during the day, where there will be plenty of other people around. To eliminate the risk of counterfeit cash, meet at a bank or ATM and either immediately withdraw the cash prior to trading, or immediately deposit it after a trade.

Why are you so keen to do it anonymously? Is it because of tax avoidance or you live in a country where bitcoin is banned etc?

I understand the two reasons I listed but anything else it’s better to conduct your transactions on a reputable exchange.

You don't say where you are and how much you want to trade, that matters a lot.

Picking on myself, for small and medium trades, living in the USA / NY area there are a few casinos a quick drive (under an hour) and Atlantic City and a couple in nearby states that are under a couple of hours (depending on traffic). For trades going either way if possible I try to meet there for a F2F. Good cell service so for the trade and lots of machines to pick some random bills from the stack to put in to verify they are good.

For larger trades, where I am buying if I REALLY want to avoid KYC there are plenty of people on the services listed here that have a good reputation: https://kycnot.me/
Could any of them go evil and start taking your money yes.

For larger trades where I am selling, it depends. Over the years I have built up a list of phone numbers of local people I trust, and there are some people here I trust too.

-Dave

Fortunately, I have dozens of physical crypto exchanges where I can still make crypto transactions without KYC, and considering that protective masks are still an option and that you can also put a cap on your head and maybe fake glasses, I think that is quite enough.

I think that for those who want to maintain their anonymity to a large extent and not compromise their security, there is no better option than a decentralized crypto exchange. There will always be options to avoid KYC, and for those who are interested in more, I suggest reading this thread -> Guides for using Bisq

You can't be 100% safe.

If you're dealing with cash, and face-to-face then things could go bad easily if you're not careful.

As for the other online banking platforms, then there's that risk of chargebacks which an escrow can't help you with.

So, regardless of the platform, what you need to do is:

- Check the user's profile and that he has good (and most importantly recent) feedback reviews because these accounts can change hands.
- Avoid dealing with large sums with one individual. Trade with multiple ones instead, so even if you get scammed, you won't lose everything.

The crypto industry is becoming more centralized by the day, as major industry players comply with strict government regulations. People who want to get access to crypto will find it almost impossible to do so without providing their personally-identifiable information. This would make crypto no different than traditional banks. There are some platforms where you can sell Bitcoin for cash anonymously, but you'd face the risk of getting scammed easily.

What would be the safest way to sell your BTC without KYC? Please feel free the share your methods here for the benefit of all. Thanks.