Where can you buy a cryptocurrency through a private transaction
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Summary:Where can you buy a cryptocurrency through a private transaction?You can choose to use anonymous transaction application,such as Pionex or Coinmama.

Where can you buy cryptocurrencies through private transactions? Cryptocurrencies give you a wallet. You can store the value of currency in private in the form of cryptocurrencies without any form of verification. Because most cryptocurrencies are anonymous, they can be completely anonymous encrypted transactions. Of course, transactions can also be performed through cryptocurrency agents.

 

What is a cryptocurrency agent?

Cryptocurrency brokers have eliminated the complexity of buying cryptocurrencies and provided you with an interface that is easy to use to interact with the exchange. Some charges are higher than the exchange. Others claimed that this was "free". At the same time, by selling information about you and other traders, or executing your transactions at the best market price, it made money from large brokerage companies or funds. Robinhood and Sofi are two most famous cryptocurrency agents.

Although they are undoubtedly convenient, you must be careful of your agent, because you may face the restrictions that your cryptocurrency assets are removed from the platform. For example, at Robinhood and Sofi, you cannot transfer your encrypted assets to your account. This does not seem to be a big deal, but senior encrypted investors prefer to put their coins in encryption wallets to increase security. In order to obtain higher security, some people even choose hardware encryption wallets that are not connected to the Internet.

 

So why choose the agent?

If you want to trade various assets under the same roof, you should choose the agent. In addition to choosing stocks, ETFs, in addition to options, bonds and common funds, Tradestation also provides cryptocurrencies.

Another online brokerage company Robinhood has fewer choices, but you can exempt commissions to trade cryptocurrencies. Tradestation charges 0.30%transaction fee.

As mentioned above, more and more online brokers provide cryptocurrencies. The online broker is an investment platform that allows you to buy stocks, bonds, ETFs, assets, assets and common funds.

 

Create and verify your account

Once you decide the cryptocurrency agent or exchange, you can register and open an account. You may need to verify your identity based on the number you plan to buy. This is an important step to prevent fraud and meet federal regulatory requirements.

You may not be able to buy or sell cryptocurrencies until the verification process is completed. The platform may require you to submit a driver's license or passport copy, and may even ask you to upload a selfie photo to prove that your appearance is consistent with the files you submitted.

 

The next cryptocurrency order

Once you have money in your account, you can publish your first cryptocurrency order. There are hundreds of cryptocurrencies to choose from, and the cryptocurrencies from Bitcoin can choose TheTAFUEL or Holo waiting for more obscure cryptocurrencies.

When you decide which cryptocurrency you buy, you can enter its stock code (for example, Bitcoin is BTC) and how much coin do you want to buy. For most exchanges and agents, you can buy fragmented shares of cryptocurrencies so that you can buy high -priced tokens, such as Bitcoin or Ethereum, otherwise these tokens will need thousands of people.

 

Choose the storage method

The cryptocurrency exchanges are not affected by federal deposit insurance companies (FDIC) with the support of other protection measures, and they are facing the risk of being stolen or hacked. If you forget or lose the code to visit your account, you may even lose investment like millions of dollars in Bitcoin. This is why it is so important to provide safe storage space for your cryptocurrency.

As mentioned above, if you buy cryptocurrencies through agents, you may not choose how to store your cryptocurrencies.

 

Bitcoin's anonymous transaction application list

Pionex

e -investment

ecosystem

Coinsmart

Crypto.com

Coinmama

Currency

Kotaite

lobster

 

Common problem

Q1: can you trade Bitcoin without verification?

Answer: Yes. In fact, you can exchange it into legal currencies in different markets (such as Shapeshift, Bitquick and LocalBitcoins.com, Paxful and Damecoins) without a single verification.

In fact, point -to -point platforms like Bitquick and LocalCryptos allow you to deposit legal currencies directly into the seller's bank or mobile wallet account without verification. These are the best choices for those who want to buy anonymously. Bitquick trading volume is not limited.

Bitcoin ATM you can also use cash to buy Bitcoin anonymous.

 

Q2: has not verified how I buy Bitcoin?

Answer: Just register an account in Shapeshift, Bitquick and LocalBitcoins.com, Paxful and Damecoins. After that, they will allow you to deposit bank transfers and credit cards through PayPal.

Most of these platforms allow you to use credit cards anonymous to purchase bitcoins in order to deposit legal currencies into credit cards. Then you can buy Bitcoin. You can also store other cryptocurrency BTCs in anonymous or secret way.

 

Q3Which bitcoin wallet does not need to be verified?

Answer: In addition to Shapeshift, Bitquick and LocalBitcoins.com, Paxful and Damecoins, you can also view Coingate, Lobstr, Paybis, and Coinmama. They allow you to buy Bitcoin anonymously. In fact, the point -to -point platform does not require you to use a credit card. If you are looking for how to buy Bitcoin without verification, these are the best platforms.

For example, using Bitquick, you can directly deposit money into the seller's account, which means you can buy bitcoin without verification. The same situation is also applicable to LocalBitcoins.com or LocalCryptos.com. No verification is required. You can send the legal currency to the seller's mobile phone.

 

Q4How do I secretly buy Bitcoin?

Answer: You can choose to use Bitcoin ATM machine so that you can use cash to anonymous to buy Bitcoin. Shapeshift, Bitquick and LOCALBITCOINS.com, other platforms of Paxful and Damecoins allow you to allow you to via PayPal, Bitcoin's credit card, West Union remittance and bank transfer.

However, the best way to secretly purchase Bitcoin is to deposit other cryptocurrencies into these platforms and then exchange Bitcoin.

 

The above content introduces how to buy and sell cryptocurrencies through private transactions, which can be traded through cryptocurrency agents or some anonymous trading software applications.

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