Topic: How to cash out Bitcoin anonymously? - page 3. (Read 2179 times)
There are some exchanges through which you can cash out your Bitcoins if you don't have too much Bitcoins. However, if you are willing to cash-out large number of Bitcoins then you have to do it from multiple exchanges adhering to their limits and rules. you can even use Localbitcoins and multiple payment options having an anonymous facility, you just have to check the options such as SMS not required and ID not required.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
Bitcoin was not built to allow users to remain anonymous. If your a US citizen I would recommend you do not try to obfuscate your Bitcoin transactions. "The IRS treats digital currencies as capital assets and are therefore subject to capital gains taxes".
source: https://en.bitcoin.it/wiki/Tax_compliance#U.S.
who said we need to verify our identity ?
some of them did not require it,but most of them did it.
just do the basic or the market that does not require your identification,
there 2 way to encash your money :
1.Selling it on the market
2.Selling it off the market,
have you try to encash your money from peer to peer platform like localbitcoin.com ?
in there you just need to find someone to buy or sell it and make an agreement with him/her.
afterward their system will provide you an escrow and do the transaction.
you do not need to send your data to the buyer or seller,
or try to encash it in this forum on Currency Exchange board :
Currency Exchange Board : https://bitcointalk.org/index.php?board=53.0
some of them did not require it,but most of them did it.
just do the basic or the market that does not require your identification,
there 2 way to encash your money :
1.Selling it on the market
2.Selling it off the market,
have you try to encash your money from peer to peer platform like localbitcoin.com ?
in there you just need to find someone to buy or sell it and make an agreement with him/her.
afterward their system will provide you an escrow and do the transaction.
you do not need to send your data to the buyer or seller,
or try to encash it in this forum on Currency Exchange board :
Currency Exchange Board : https://bitcointalk.org/index.php?board=53.0
Yup, OP can't end up using any online exchanges like coinbase and whatnot because they require some form of Identification. Regardless, I wouldn't even recommend coinbase anyway; it's just too much fees for any form of online exchange and just takes away what's good about bitcoin. OP could use Localbitcoins or purse to buy things, but the best bet is to find a decent currency exchanger here on the forum to exchange with anonymously.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
There are a couple sites that give the highest level by not asking for ID and such, but those are still watched and there is no real anonymous FIAT movement out there. Those sites are easy to use and the level of anonymity is pretty good, but they also end of taking heavy fees and the other users hit you hard when you are vulnerable with crappy exchange rates.
I think finally i will just not do it anonymously
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
There are a couple sites that give the highest level by not asking for ID and such, but those are still watched and there is no real anonymous FIAT movement out there. Those sites are easy to use and the level of anonymity is pretty good, but they also end of taking heavy fees and the other users hit you hard when you are vulnerable with crappy exchange rates.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
Why do you need to do it anonymously? If you coins are clean then a simple verification would not hurt.
But if you really want to keep it anonymous then just look for a trader who is willing to trade with cash
personally but this will be a high risk trade. I read a thread here in the forum that he tried to trade
personally somewhere in EU and he was given bag full of paper. Just do it safe and if you have someone
to accompany you that will be better.
Well not doing anything illegal. But there are many valid reasons why someone would not like to reveal his identity.
Just like Cash, there are many reasons why you would not like someone to know how much cash you have with you. It's not always about illegal stuff.
If you are football-interested, then you know what Ronaldinho did recently, he was not doing basically anything illegal when creating these fake companies, he eaned the money from football playing and was not ready to pay off lol
even if you cash out anonymously, what are you gonna do with the vast amount of proceeds? that can't remain anonymous. thousands in cash these days is a recipe for major head aches. no one wants it. if you throw it in your bank you're gonna wind up with a long list of questions.
Which is why the best thing we can do is to wait for bitcoin to become more popular that way we will never have to cash out and we will be able to spend our bitcoin anonymously but if the amount of money we are talking is big then you are going to need to give explanations to the government about how do you got that money.
There is no particular way if cashing out bitcoin anonymously either you can do a trade with someone who lives in your country or redeem it for any voucher of a selected store with that it's hard to find out who really used it other than i don't think there is any other way
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
Why do you need to do it anonymously? If you coins are clean then a simple verification would not hurt.
But if you really want to keep it anonymous then just look for a trader who is willing to trade with cash
personally but this will be a high risk trade. I read a thread here in the forum that he tried to trade
personally somewhere in EU and he was given bag full of paper. Just do it safe and if you have someone
to accompany you that will be better.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
You of course cannot stay totally anonymous if you want to convert your bitcoins to fiat because for that you surely need to sell them to someone and for receiving the money you will need to give your account information and that is also a part of not being anonymous. Though you can be somehow anonymous like not giving away your ID and phone number etcetra. You can sell your coins in localbitcoins.com where all you need to give is your account information to the person you are selling your bitcoins to.
There is many mixer platforms help you to mix your coins but if you will use any exchanger you will need (most likely) to give the details of your identity. I don't see why you re searching for withdrawing your bitcoins anonymously if you aren't using illegal methods.
it's very easy to use the on-line exchanger
you can sell to localbitcoin or you can sell at your community, its very anonymously.
Well, what about if no one in my community is interested in BTC - i mean my friends, family
There are a few ways to sell BTC with identity verification.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.
Here again:
ATM have always camera. Cheesy But the question now, If you are using your own ATM card (meaning you did not use someone's else card or stolen card), where should be the issue even if they have you on camera? These data will be not kept forever and even if, you did not break any law by withdrawing your money. Or did you?
LocalBitcoin is good, but make sure to select Trusted Trader, otherwise you can run into troubles
There are a few ways to sell BTC with identity verification.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.
Local Bitcoin is a popular peer to peer exchange platform, you can post a trade if you are not in a hurry to sell BTC.
Another way is to get an anonymous BTC debit card and cash out your BTC. You can also sell BTC in marketplace, but remember to use escrow.
you can sell to localbitcoin or you can sell at your community, its very anonymously.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
Face-to-face cash through localbitcoins.com is pretty anonymous. It can be more expensive though because someone has to take the time to meet with you.
Just sharing this link to see the list of debit cards and credit card support withdrawal world wide to any atm machine..
Check this updated thread https://bitcointalksearch.org/topic/list-of-bitcoin-debit-cards-1242788
This is very pertinent comment! ATM have always camera
But the question now, If you are using your own ATM card (meaning you did not use someone's else card or stolen card), where should be the issue even if they have you on camera? These data will be not kept forever and even if, you did not break any law by withdrawing your money. Or did you?2-
The local wallet that I’ve been using allows me to cash out my bitcoin through a security bank atm without the need of verification or identification but then of course the use of the local wallet would need some identity so I’m not sure if that would work for you. When it comes with money matters, I think that identification really is needed. However, I think that there are other procedures out there that would allow you to do so since there’s not much regulation for bitcoin yet unlike with cash.
That sounds even more interesting. But what do you mean with "security bank atm without the need of verification or identification"? What do you define with "security bank" please? This sounds really interesting
3-
Just sell your bitcoins on localbitcoins.com to a trusted trader for cash, this is the best way till now to cash out anonymously, but first check the trust level of the trader before starting trade.
There also the risk that when selling to someone for face-2-face, you meet with the police and they ask you where you got the money from
What will you do if this happens?
But definitely going through localbitcoins, you can sell your BTC to Trusted Trader for cash, will be good idea!
I still do not understand your question so I will analyze in two different directions first is to verify the identity of a certain online wallet such as coinbase or blockchain then that you have to verify identity for the administrator You know who you are to protect your account when you lose or encounter some of the remaining issues if you want to sell bitcoin but to avoid state agencies, you find someone in your area. buy it and 2 friends have to agree the payment method when buying bitcoin is to solve the problem
The local wallet that I’ve been using allows me to cash out my bitcoin through a security bank atm without the need of verification or identification but then of course the use of the local wallet would need some identity so I’m not sure if that would work for you. When it comes with money matters, I think that identification really is needed. However, I think that there are other procedures out there that would allow you to do so since there’s not much regulation for bitcoin yet unlike with cash.
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?
How do you cashout your bitcoins anonymously then?
You can use local bitcoins and sell it to someone for cash
even if you cash out anonymously, what are you gonna do with the vast amount of proceeds? that can't remain anonymous. thousands in cash these days is a recipe for major head aches. no one wants it. if you throw it in your bank you're gonna wind up with a long list of questions.
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