How To Anonymize Crypto Transactions - And Buy Crypto Without ID!
There is a common misconception that Bitcoin and other crypto currencies are anonymous. But actually apart from Monero (XMR) and a couple of other examples this is not the case. This leads to many want to know how to buy bitcoins without identification. The top five ways currently are LocalBitcoins, Mycelium Local Trader, WallofCoins, LibertyX, and Paxful. Here's where each service is available, how much they charge, and how to use them.
Some people desire privacy... others don't. If you're in the former group, here are three ways you can mix various cryptocurrencies (with varying degrees of effort and cost) to keep your finances to yourself!
Subribe for more great info: The Daily Decrypt
Is It Safe To Show Your Wallet Address Online?
A last and very important point is: what do you risk by displaying your crypto wallet address online in a post or comment etc. Well by so doing, any hacker or technically minded person can find out the the amount held in that address, and where it was sent, creating a traceable trail to any other addresses that you may or may not own. This can be mitigated using mixing services, such as CoinJoin. Or create a spare wallet whose address you can share that is just for the purposes of receiving such payments from unknown contributors.
Checkout some of my other recent posts:
Trading Bots Have Taken Over! 🤖
SPACE NEWS - Earthquakes, Closest Earth, STILL No Dark Matter | S0 News
How To Anonymize Crypto Transactions - And Buy Crypto Without ID!
Mary J. Blige - Dance For Me ft. Common
Dark Mode on iPhone X VASTLY improves battery life!
5 HUGE Graphic Design Trends in 2018❓
The MANY Fantastic Health Benefits of Turmeric!
Lamborghini Owner Picks up A Homeless Man... A TRUE Good Samaritan!
Homeless Man Speaks - This May Change Your Perspective
The Battle And Future Of Bitcoin In Jeopardy
Moonbow - Costa Rica
Black Rain - Surf Movie
It's Official - NASA Is Going Back To The Moon!
I Hear You're A Racist Now, Father! - Father Ted
Materialist Vs Spiritual
RAGGS - Subtle FM - Two Hours of UK BASS!
Daimler & Tesla - Electric School Bus & Heavy-Duty Electric Truck
Large Solar Eruption in Progress, Top News | S0 News Nov.10.2017
nice post.hello I'm new in Steemit. i m going to follow you
Hello pkalmik,
HUGE welcome to Steemit! Thank you very much for your upvote and support :D
I definitely need to do some mixing as some of my addresses have been compromised by effing Bittrex.
What happened was I had some private funds on Bittrex using a dummy email and no verification. I was able to withdraw up to 1 BTC per day. So my wife goes into labor, we have twins, we have issues at the hospital, basically my attention is completely elsewhere for about 3 weeks.
Finally things settle down just a bit and I remember I have funds on Bittrex. So I check and they changed the withdrawal on unverified accounts to 0.025 BTC per day or something like that. No email notification or anything. So either I have to verify or spend like a month and a half doing tiny withdrawals and occuring a bunch of fees. So I verified.
One more reason not to leave funds on exchanges. 😕
Hi canadianrenegade,
Wow ... congratulations on the twins!
Sorry to hear of your troubles with Bittrex. Definitely best to be fully verified with such organisations.
all the best to you and your family :D
Thanks
Some great ideas there. Thanks for sharing!
Hi David,
Thank you very much indeed, I hope this helps a great deal of people with their crypto security!
keep well
This post received a 4% upvote from @morwhale team thanks to @icedrum! For more information, click here! , TeamMorocco! .
This post has received a 3.13 % upvote from @drotto thanks to: @icedrum.
This post is upvoted by Polsza for 49 %.
If you want help us growing upvote this comment.
Thanks !
This post has received a 12.77 % upvote from @booster thanks to: @icedrum.
Congratulations @icedrum! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP