How to Buy Bitcoin Anonymously in 2025

Learning how to buy Bitcoin anonymously isn’t as straightforward as it seems. While transactions aren’t tied to your identity, buying Bitcoin can leave a trace, especially if you’re using fiat money.

With stricter anti-money laundering regulations worldwide, it’s becoming harder to enter the market privately.

In this guide, you’ll find out how to buy Bitcoin in 2025 without worrying about your personal details getting exposed. From using a decentralized crypto wallet to buying through no-KYC exchanges, you’ll learn the simplest ways to keep your information private.

Simplified Walkthrough on How to Buy Bitcoin Anonymously

Here’s a quick overview of how you can buy Bitcoin anonymously:

  1. Download the Best Wallet App

    First, download the Best Wallet app. It’s a decentralized Bitcoin wallet that doesn’t require KYC.
  2. Use the Best Wallet DEX

    Best Wallet also features a decentralized exchange. Simply click on the “Buy” button and select “BTC” as the asset you want to receive.
  3. Buy Bitcoin

    Choose your preferred currency and local payment method, then enter the amount of Bitcoin you want to buy. Complete the payment, and within seconds, your BTC will be deposited into your Best Wallet.

Best Places to Buy Bitcoin Anonymously

The best way to buy Bitcoin anonymously is through no-KYC exchanges or decentralized wallets. These platforms let you trade Bitcoin without needing to verify your identity. Here’s a list of some of the top options for anonymous Bitcoin trading:

1. Best Wallet – A Decentralized Wallet for Buying Bitcoin Anonymously with No KYC

  • Fee for Buying Bitcoin: Built into the quoted exchange rate

Best Wallet is one of the best decentralized crypto wallets and an excellent choice for buying Bitcoin without ID. It’s a hybrid mobile app that gives you non-custodial storage and access to a decentralized exchange (DEX).

This means you can buy Bitcoin privately and store your coins safely, without depending on third-party custodians. Start by downloading the Best Wallet app on your iOS or Android device.

Like with any wallet, you’ll go through a quick setup process, including activating two-factor authentication and choosing a PIN. Once that’s done, head to the Best Wallet DEX to complete your purchase.

You can select your preferred currency (GBP, EUR, USD, etc.) and use payment methods like Visa or MasterCard.

Best Wallet review

Your purchased Bitcoin will show up in your Best Wallet balance within seconds. The fees are included in the quoted exchange rate, which may vary based on the currency, amount, and payment method.

Besides Bitcoin, Best Wallet supports over 60 other blockchains, including some of the best altcoins of 2025.

Pros

  • No personal information required
  • Supports multiple currencies and payment methods
  • BTC is instantly added to the wallet balance after completing the payment
  • Supports 60 other blockchain networks

Cons

  • Not all partnered providers offer a KYC-free experience

2. Margex – Top-Rated No KYC Exchange Supporting 150+ Payment Methods

  • Fee for Buying Bitcoin: Built into the quoted exchange rate

Next up is Margex, a top platform for crypto leverage trading. It’s a solid choice if you want to buy Bitcoin without ID and trade perpetual futures.

Margex allows you to trade both long and short with leverage up to 100x, not just on Bitcoin but on many other popular cryptocurrencies too.

It’s a no-KYC exchange, so all you need to open an account is an email address. Once set up, you can buy Bitcoin instantly using over 150 payment methods, including Visa, MasterCard, Google/Apple Pay, and UnionPay. There are no deposit fees, though a market spread may apply.

Margex review

The fees are included in the quoted exchange rate when placing an order, with no slippage, so the rate you see is the rate you pay. Once you’ve purchased Bitcoin, it will be instantly added to your Margex account. From there, you can withdraw the BTC to a private wallet, or use it for trading.

Keep in mind, leverage trading can be extremely risky and may lead to significant losses, so always trade carefully.

Pros

  • Buy Bitcoin with no KYC via 150+ payment methods
  • Register an account with an email address only
  • Also supports altcoins like Ethereum, Dogecoin, and Solana
  • Access leverage of up to 100x on perpetual futures

Cons

  • Market spreads vary depending on the liquidity provider
  • High-leverage products aren’t suitable for beginners

Use promo code MARGEXBONUS when making a deposit to get a 20% deposit bonus for deposits above $100 in any currency. The bonuses can be used to offset trading commissions.

3. BloFin – Invest in Bitcoin Privately and Instantly From Just $15

  • Fee for Trading Bitcoin: Built into the quoted exchange rate

BloFin is a popular platform for both spot and futures trading, offering hundreds of trading pairs from Bitcoin and Ethereum to emerging meme coins. With leverage of up to 125x, it’s the perfect option if you’re looking to maximize your Bitcoin investment with minimal capital.

As a no-KYC exchange, signing up is quick–just enter your email and password. You can then buy Bitcoin instantly using fiat on-ramp providers like Alchemy, Simplex, and Unlimit, supporting currencies like USD, GBP, PHP, INR, and EUR.

BioFin review

Accepted payment methods vary by provider but usually include Visa and MasterCard. Fees are usually included in the quoted exchange rate. The minimum purchase is just $15 (or the equivalent in your local currency).

After completing the payment, you can withdraw your Bitcoin to a private wallet or earn 3% on savings accounts.

Pros

  • Buy Bitcoin instantly with multiple currencies
  • A minimum purchase requirement of just $15
  • Offers Bitcoin savings accounts with 3% interest
  • Available on desktop browsers and a mobile app

Cons

  • Some partnered on-ramp providers are known for high fees
  • Operates without regulation

4. KCEX – Best Option for Buying Bitcoin Anonymously With Other Cryptocurrencies

  • Fee for Buying Bitcoin: Built into the quoted exchange rate

KCEX is a no-KYC crypto exchange that is one of the best for spot trading. Users enjoy 0% maker and taker fees, saving them money on transactions. The exchange also offers various welcome bonuses for completing tasks like making a deposit or opening a trade.

Since there are no KYC requirements for trading, users can only deposit cryptocurrencies. KCEX supports multiple blockchains, meaning you can deposit ETH to your account to buy BTC.

kcex

For traders who wish to amplify their rewards, there’s a futures trading option with leverage. This means that experienced traders can bet on Bitcoin’s price with a lower deposit amount. Additionally, there are over 800 cryptocurrencies to trade from popular cryptocurrencies like ETH and SOL to meme coins like PEPE and PEPU.

Seasoned traders can participate in futures competitions and share a daily prize of $20,000 USDT. The ranking is based on profit, the higher the profit, the higher the reward.

Pros

  • Swaps are quoted and executed in real-time
  • The purchased Bitcoin is instantly added to the wallet balance
  • 0% maker and taker fees
  • High withdrawal limit without KYC

Cons

  • Crypto deposits only
  • No staking features

5. Bitunix – Excellent Platform for Buying Bitcoin Anonymously and up to $500,000 Daily Withdrawal Limit

  • Fee for Buying Bitcoin: Depends on third party providers if buying with card or 0.01-0.08% (maker) and 0.0325-0.01% (taker) on the spot market

Bitunix is a popular no-KYC cryptocurrency exchange that offers users a secure and private way to buy Bitcoin without identity verification. With a low entry threshold of just $10, Bitunix is accessible to beginners while offering advanced features like spot and futures trading.

For those looking to maximize gains, Bitunix provides leverage trading and copy trading, allowing users to follow expert strategies effortlessly. However, risk management is crucial when using leverage.

bitunix exchange homepage

Bitunix prioritizes security, with user funds backed at a 1:1 ratio to ensure full protection. Moreover, without KYC users can withdraw up to $500,000 daily.

Those who wish to use a card to buy Bitcoin can do so. However, this option goes via third-party, and ID verification is required by the provider.

Pros

  • Low spot and futures trading fees
  • Copy trading futures for passive income
  • Up to $500,000 daily withdrawal limit
  • Can buy Bitcoin with a card

Cons

  • Limited features compared to leading exchanges
  • Limited number of cryptocurrencies to choose from

6. Weex – Best Option for Buying Bitcoin Anonymously With Other Cryptocurrencies

  • Fee for Buying Bitcoin: Built into the quoted exchange rate

WEEX is a top-tier cryptocurrency exchange that prioritizes privacy. It allows users to buy and trade Bitcoin and other digital assets without identity verification and to withdraw up to $500,000 daily without KYC.

Traders can access various options, including spot trading, high-leverage futures trading up to 400x, and copy trading. The exchange supports more than 600 trading pairs, making diversifying holdings and taking advantage of market opportunities easy. Additionally, WEEX offers 0% maker fees on spot trading, helping users maximize profits.

weex landing page

The platform’s straightforward interface is designed for ease of use, catering to beginners and experienced traders. A mobile app for iOS and Android ensures trading can be managed from anywhere, and 24/7 customer support is available for assistance when needed.

On the security side, Weex offers two-factor authentication (2FA), advanced encryption, and frequent audits. WEEX also maintains a 1,000 BTC user protection fund and provides transparent Proof of Reserves (PoR), ensuring that assets are fully backed.

Users can take advantage of a generous welcome bonus of up to $30,000 USDT through platform activities, along with daily rewards and trading competitions.

Pros

  • Swaps are quoted and executed in real-time
  • The purchased Bitcoin is instantly added to the wallet balance
  • 0% maker and taker fees
  • High withdrawal limit without KYC

Cons

  • Crypto deposits only
  • No staking features

7. BingX – Best Option for Buying Bitcoin Anonymously With Other Cryptocurrencies

  • Fee for Buying Bitcoin: 0.1% maker/taker fees on the spot market

BingX is a popular cryptocurrency exchange that launched in 2018. It serves over 10 million users worldwide and offers a range of trading options, including spot, derivatives, and copy trading, designed to meet the needs of both new and seasoned traders.

Traders can access over 1,000 coins, from popular ones like Bitcoin and Ethereum to smaller altcoins, with tools like spot grid and futures grid trading available for automated strategies. Leverage up to 150x on derivatives adds flexibility for those looking to amplify their positions. BingX also provides a currency converter and price analyzer, helping users track market movements and make informed decisions without unnecessary complexity.

bingx homepage

Copy trading is one of BingX’s core features. It allows users to mirror the moves of experienced traders, appealing to beginners who want to learn by following proven strategies while still offering value to active traders seeking fresh ideas.

Support and accessibility shine through with a beginner’s guide, 24/7 global help, and a mobile app for trading on the go. With its mix of practical tools, strong security, and a user-focused design, BingX positions itself as a reliable choice in the crowded crypto exchange market.

Pros

  • High leverage on futures trading
  • Over 1,000 cryptocurrencies to trade
  • Low trading fees
  • Copy trading features

Cons

  • P2P trading requires KYC
  • Low daily withdrawal limits without KYC of $20,000

8. AlphaX – Trade Bitcoin Anonymously With Leverage of up to 125x

  • Fee for Trading Bitcoin: 0.02% (Takers), 0.05% (Makers)

AlphaX is another great option, especially for leveraged crypto trading. It lets you trade Bitcoin perpetual futures without revealing your identity. Getting started is easy. All you have to do is sign up with your email address.

You can deposit ETH or USDT, but fiat payments aren’t accepted, which might be a downside for some.

The platform offers long and short trading, along with a variety of charting tools, including technical indicators and detailed order books. It’s also known for its low trading fees, making it a solid choice for traders.

AlphaX review

AlphaX charges low fees–0.02% for market makers and 0.05% for takers. That means you’ll pay no more than $0.50 on every $1,000 traded.

The platform also supports a variety of popular meme coins, such as Pepe, Shiba Inu, Bonk, and Popcat. Plus, if you need help, 24/7 customer support is available via live chat.

Pros

  • Trade Bitcoin perpetual futures anonymously
  • Never pay more than $0.50 per $1,000 traded
  • Offers advanced charting tools and technical indicators

Cons

  • Doesn’t accept fiat money
  • Not a good option for novice traders

How Anonymous Is Bitcoin?

Bitcoin isn’t fully anonymous–it’s pseudonymous. While transactions aren’t directly tied to your identity, they’re linked to Bitcoin addresses, which are visible on the blockchain.

That means anyone can track funds moving between wallets, especially if an address is linked to a known identity. While anonymous Bitcoin transactions are possible, staying truly private takes extra steps.

The most common way Bitcoin wallets get linked to an identity is through fiat purchases. When you buy Bitcoin on a regulated exchange, you’re usually required to create an account, submit personal information, and upload KYC documents.

Once you complete the purchase using your chosen payment method, your Bitcoin address can be traced back to you.

How Anonymous is Bitcoin?

After that, you can transfer Bitcoin to a private crypto wallet, which allows for anonymous storage. But at this point, anonymity is already compromised and every future transaction from that wallet can be traced back to the original purchase.

The same applies to buying a Bitcoin hardware wallet since payment details and a shipping address are required.

To truly own Bitcoin anonymously, you have to enter the market without providing any personal information. That means no KYC documents, payment details, or identifiable data.

You’ll also need a private wallet that doesn’t require identity verification. Only then can you buy and store Bitcoin without leaving a trail.

Why Do People Want to Buy Bitcoin Anonymously?

Here are some reasons why people want to buy Bitcoin anonymously:

  • Personal Principle: Many prefer to buy Bitcoin without KYC procedures to avoid sharing personal details, ID, and proof of address. Anonymous investing eliminates these requirements.
  • Avoid Tracking: All Bitcoin transactions are public, so wallet balances can be tracked if the address is known. Buying with KYC documents increases the chance of linking addresses to real identities.
  • Restricted Countries: Some people live in countries that have an outright ban on Bitcoin ownership. This goes against the Bitcoin ethos of inclusivity. Therefore, buying Bitcoin anonymously allows people to enter the market without fear of prosecution.
  • Data Breaches: Another reason why people buy Bitcoin anonymously is to avoid data breach risks. This happens when an exchange or broker is hacked, and KYC documents are leaked.

Benefits and Drawbacks of Buying BTC Anonymously

Buying Bitcoin anonymously comes with both advantages and challenges. While it offers privacy and freedom from KYC procedures, it also comes with certain trade-offs. Here’s what you should consider:

Pros

  • Invest without uploading KYC documents
  • Make purchases without revealing your identity
  • Avoid having your Bitcoin wallet tracked
  • Access the Bitcoin markets in restricted countries
  • Build and store wealth in complete privacy

Cons

  • Anonymous purchases often come with higher fees
  • Legal issues may be prevalent in some jurisdictions
  • Many anonymous services don’t support bank transfers or credit cards
  • Without ID verification, recovering lost funds or hacked accounts is nearly impossible

Popular Methods When Buying Bitcoin Anonymously

Let’s take a closer look at the most popular methods for buying Bitcoin anonymously.

No KYC Exchanges

One of the best ways to buy Bitcoin anonymously is through a reputable no-KYC exchange. These platforms let you register with just an email and no personal info or KYC documents. You can then trade or buy Bitcoin anonymously.

However, keep in mind that some exchanges have purchase or withdrawal limits. Exceeding these could trigger KYC checks, so know the limits before you start. We also recommend checking if the on-ramp providers support anonymous purchases, as some may require identification.

Bitcoin ATMs

Another popular option is to use a Bitcoin ATM. These look like traditional ATMs but offer Bitcoin instead of local currency.

Here’s how it works:

  • First, find a local Bitcoin ATM and select how much you want to buy (e.g., $100).
  • The ATM shows you the real-time conversion rate (e.g., 0.0010 BTC for $100)
  • Insert the cash to cover the full $100 amount.
  • The ATM asks for your wallet address via a QR code.
  • Open your Bitcoin wallet and let the ATM scan the QR code.
  • Your Bitcoin will be in your wallet within 10-20 minutes.

Keep in mind that Bitcoin ATMs have faced more scrutiny recently. The UK’s Financial Conduct Authority (FCA) has been shutting down Bitcoin ATMs from unregistered vendors.

Plus, some ATM providers now require KYC, asking for a government-issued ID before you can make a purchase.

To stay anonymous, make sure to research which Bitcoin ATMs allow purchases without these requirements.

Best Practices When Buying Bitcoin Anonymously

We’ve covered the top ways to buy Bitcoin anonymously. Now, let’s explore some best practices to ensure your privacy is retained.

  • Use a VPN: Install a VPN before buying Bitcoin to mask your true location and prevent tracking. Make sure the VPN is set to a country supported by the platform you’re using.
  • Use Non-Custodial Wallets: Choose a non-custodial wallet, like Best Wallet, that doesn’t track data or IP addresses to store Bitcoin anonymously. Keep in mind, though, that hardware wallets require payment and shipping info, leaving a trace.
  • Bitcoin Mixers: Mixing services “mix” Bitcoins to obscure previous transactions and help you achieve anonymity. While Bitcoin mixing platforms aren’t illegal in most jurisdictions, they’re often used by criminals for money laundering, so think carefully before using them.
  • Use Password Managers: A common mistake made by Bitcoin holders wishing to remain anonymous is using the same passwords with different platforms. This can link your identity to the Bitcoin wallet, especially if KYC was previously completed. We recommend using a password manager to avoid these errors.
  • Privacy Browsers: We also recommend using a privacy-focused browser when buying Bitcoin anonymously. Brave is a good option, as it doesn’t log website usage or share data with third parties.
  • Convert via Privacy Coins: You can also convert Bitcoin into a privacy coin like Monero or Zcash. After that, simply convert it back to Bitcoin, using a new wallet address for added privacy.
  • Anonymous Payment Methods: Using a traditional payment method doesn’t provide complete anonymity, considering it’s registered to your name. Instead, use an anonymous payment method like prepaid cards or vouchers.

Staying Safe When Buying Bitcoin Without ID: Top Tips

Buying Bitcoin without ID can lead you to use unconventional sources, which may come with added risks. Here are some tips to help you stay safe:

  • Stick With Reputable Platforms: Avoid using new or unproven platforms when buying Bitcoin anonymously. Stick to well-established providers with a solid reputation.
  • Evaluate Fees: Buying Bitcoin with a credit card anonymously often comes with a high premium, usually hidden in the exchange rate. Compare the quoted rate to the Bitcoin spot price to avoid excessive fees.
  • Understand the Legal Framework: Stay legally compliant when buying Bitcoin anonymously. Don’t bypass local laws, especially if you live in a country where Bitcoin ownership is banned.
  • Immediately Transfer to a Non-Custodial Wallet: Make sure you transfer the purchased Bitcoin to a non-custodial wallet immediately. This eliminates counterparty risks and guarantees you own the Bitcoin 100%.
  • Be Conscious With Wallet Movements: Don’t forget that Bitcoin transactions can be tracked via the blockchain. Be careful with the wallet movements you make to avoid losing your anonymity.

Stay Anonymous While Buying Bitcoin

Now you know how to buy Bitcoin anonymously and keep your privacy intact. With the tips we’ve shared above, you’re ready to enter the world of Bitcoin safely and securely.

Our favorite option for buying cryptocurrencies anonymously is Best Wallet. It’s a decentralized wallet that makes it very easy to store Bitcoin privately, without worrying about KYC or tracking your personal data.

Once you make the purchase, your Bitcoin is immediately deposited into your Best Wallet balance, providing you with secure, anonymous, and non-custodial storage.

FAQs

Can Bitcoin be bought anonymously?

Is Bitcoin 100% anonymous?

Do you need an ID for Bitcoin ATM?

Can Bitcoin payments be traced?

Which crypto is untraceable?

References

  1. The KYC Process Explained (SWIFT)
  2. FCA charges first individual with running a network of illegal crypto ATMs (Financial Conduct Authority)
  3. Crypto mixers and AML compliance (Chainalysis)

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Hamza Tariq
Crypto Expert

Hamza joined ReadWrite in 2024 as an experienced crypto editor with a deep understanding of blockchain technology, cryptocurrency markets, and digital finance. He is passionate about making complex topics accessible and helping readers navigate the fast-evolving world of crypto.

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