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Sell Bitcoin Anonymously

The easiest way to sell bitcoin anonymously is in person, even though that sounds like a contradiction in terms, you won’t need to divulge any personal information to the buyer. Also selling bitcoins for cash can be anonymous if you have a reliable way of receiving the cash, such as through postal order or cash deposit at a bank.

The only problem with the last two options is that you have no guarantee that the person on the other side will deposit the cash in exchange for the bitcoins. They too might be wondering if you’ll send the bitcoins once they’ve made a deposit into your account.

Sell Bitcoin Face To Face For Cash

The best way around this is to use a service such as Localbitcoins to find locals in your area looking to buy bitcoin. You can read more about them on their profiles, see who trusts them and if any people have blocked them. You can also view how long they’ve been in the game, which will give you a better indication of whether or not they can be trusted. Once you’re happy with the person you choose to trade with, you can arrange to meet up in a neutral location where the exchange can take place in cash.

Alternatively, you can arrange to send the bitcoins to them once you’re happy that they’ve made a cash deposit into your account or sent you a cash money order.

Sell Bitcoin Through A Bitcoin ATM

There are three main bitcoin ATMs that offer the facility to sell bitcoins, as the larger portion of machines have “buy-only” functionality. The bitcoin ATMs in use are Genesis Coin, BitAccess, and General Bytes. Some of the machines might ask that you verify your identity before selling your bitcoins, though you might be able to forego this step by doing a simple mobile number verification.

Depending on the amount of bitcoin you are trying to sell, you might receive cash immediately from the machine, or you may have to wait a short period of time for confirmation.