How to Buy Bitcoins Anonymously Using a VPN
Bitcoin is a digital currency that is created and used electronically: There’s no physical aspect involved. It’s also a decentralized form of currency, meaning that no one person, group, or government has control over its use and distribution. Bitcoin is transferred electronically and uses high levels of encryption for security purposes. If you want to learn how to buy Bitcoin anonymously, here are a few ways to use this cryptocurrency while protecting your identity and personal data.
Buy Bitcoin Anonymously With Cash
The easiest and most reliable way to anonymously buy Bitcoin is to pay with physical cash. This method completely avoids any online exchanges and requires little verification and few or no identification checks. You can buy Bitcoin with cash through an ATM or face to face with a trusted Bitcoin vendor. If you’re buying Bitcoin in person, though, make sure that you explicitly trust the vendor in order to prevent any illicit transactions or fraud.
Get an Anonymous Bitcoin Loan
Another fairly straightforward way to anonymously buy Bitcoin is to get a Bitcoin loan. A Bitcoin loan will deal exclusively in the currency itself and not involve any financial providers, third parties, or bank accounts. Using a VPN for Bitcoin lending will ensure that your anonymity is preserved: With an anonymous VPN, Bitcoin transactions won’t be traceable, since your IP address and online activity won’t be logged.
Use an Anonymous Bitcoin Wallet
Bitcoins are stored in a virtual wallet, and this is usually linked back to you with your personal information. If you want to buy or use Bitcoin anonymously, you’ll need to create a specific Bitcoin wallet that uses a disposable email address that you won’t use for anything else. Make sure to use a VPN for Bitcoin purchases to keep your transactions from being traced. You might also want to use different wallets for each transaction to further protect your anonymity.
Use an Anonymous Bitcoin Debit Card
Similar to an anonymous Bitcoin wallet, a Bitcoin debit card can protect your privacy as well. Providers of these cards will allow you to use them anonymously up to a certain limit, commonly $2,500.
Mix Bitcoin With Other Owners
Once you’ve bought Bitcoin, you’ll want to make sure that your specific units of currency can’t be tracked back to you. To do this, you can mix your Bitcoin with that of other users through a Bitcoin laundry service. These services will mix your Bitcoin in with different funds and accounts, which cuts the traceable link between your wallet and your currency.
Image putting ten coins into a jar with ten of your friend’s coins. If you shake the jar and then pick out ten coins, you will have no way of knowing if they were originally yours. That’s basically how these services work.
Protect Yourself With Our Anonymous VPN
Bitcoin buyers can hide their identity using these methods, but there is no single method of buying Bitcoin that guarantees complete anonymity. However, one important tool you’ll need to buy Bitcoin anonymously is a good VPN, which can hide your IP address and keep people from being able to know what you’ve been looking at online. For top-rated security and privacy, there’s no better choice than Hotspot Shield VPN, the service that’s trusted by more than 500 million users worldwide. Try us today for free and see for yourself.