It is possible to sell Bitcoin anonymously. This has recently become possible with so-called crypto swaps. We will now explain how and why this works.
With this swap you can sell Bitcoin anonymously. Many people bookmark this page to swap Bitcoin and Euros anonymously on a regular basis.
Pay Out Bitcoins anonymously: Here’s how
On a crypto swap exchange you can buy Bitcoin without verification. This swap exchange allows bitcoin without registration per instant purchase. First, you choose the number of Bitcoin you want to sell. After that, you enter the necessary bank details for the payment of the Bitcoins. Then you send the Bitcoins to the specified wallet address. For this withdrawal process, one does not have to provide any personal data. The transaction remains anonymous.
That is why crypto swaps are anonymous
With centralized crypto exchanges (e.g. Binance, Kraken u. Coinbase) you have to verify yourself. Your Coinbase wallet will then be assigned to your name. If you create a wallet with Trustwallet, you do not have to enter any personal data.
If you now buy Bitcoin with presented crypto swap, you will receive Bitcoins on Trustwallet. The received Bitcoins on your trustwallet cannot be traced to you as a person. The bitcoins are anonymous.
Anonymous crypto exchange development
With the decentralization of finance, decentralized exchanges (Pancake and Uniswap) have emerged alongside centralized exchanges (e.g. Binance and Coinbase).
However, on Pancake you can only trade tokens from the Binance Smartchain (BSC) network and on Uniswap you can only trade tokens from the Ethereum Main network. Due to this problem, decentralized crypto swaps have emerged. With this crypto swap, you can anonymously switch coins from different blockchains e.g. BTC to ETH.
How do I sell Bitcoins?
You can buy Bitcoin centralized via crypto exchanges (e.g. Binance, Coinbase u. Kraken). To do this, you have to register on the respective trading platform. Decentralized one can buy Bitcoin with Atomic Swap or Swap exchanges. With the crypto swap presented here, one can buy Bitcoin anonymously and without verification.
How do I get a Bitcoin wallet?
You can create a Bitcoin wallet easily, for free and anonymously on Trustwallet.
Can bitcoins be traced?
Bitcoin works on the principle of “Proof of Work”. All transactions are performed by Bitcoin miners and stored on the blockchain. On websites like Blockcypher you can track transactions on the Bitcoin blockchain.
Can you sell Bitcoin anonymously?
To sell Bitcoin anonymously, you need to use an anonymous wallet (e.g. trustwallet) and the crypto swap presented here. To do this, you simply have to send the Bitcoin to the specified address of the swap provider. The euro amount is paid out via bank transfer or Paypal.
How to pay anonymously with Bitcoins?
There are online stores where it is possible to pay with Bitcoin. Simply use the trustwallet with Bitcoins bought anonymously via Krypto Swap. More and more companies are beginning to accept Bitcoin as a payment method.
Conclusion: Sell Bitcoin anonymously with Swap
Decentralization of finances means freedom. Anonymity is a part of it. Blockchain technology also provides the necessary security. After all, every transaction remains stored on the blockchain. This swap exchange gives anonymity back to people.
A swap exchange offers people an alternative to centralized crypto exchanges (e.g. Binance, Coinbase u. Kraken) and gives in case of emergency (if your account is blocked on centralized exchanges) the possibility to sell your Bitcoins at any time. This swap service is a real step forward for the development of true decentralization of finance.