How to Buy BTC Anonymously: Best Practices of Virtual Currency

Ravi Prajapati
Ravi Prajapati

Have you heard of the news about the Bitcoin record? Recently, it hit the point of being a $50K price, and people who funded their money in BTC now enjoy their profit. If you are one of those luckiest people, congratulations. If you only plan to buy BTC online, read how you may do it anonymously, and reliably.

Buy Bitcoin with Credit – Simple but Reliable Transactions

Bitcoin is a renowned virtual currency that has a history since 2009. The popularity of such a cryptocurrency has not been linked to success at first since many people hesitated about its necessity. However, over the last years, exchange agencies and companies started facing more and more clients who wanted to invest in it. Nowadays, they seek trustworthy exchanges to buy BTC with credit card like Switchere. This exchange service offers anonymous transactions and a cashback program which is their unique perk.

With such exchange services where one may buy BTC with credit card, people get their ordered crypto to a wallet almost immediately.
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They accept Visa, Mastercard, Maestro bank cards which are convenient for most users. Beyond that, all the transactions are secured with cutting-edge technologies which prevent any fraudulent actions, and the suspicious purchase of crypto.

How to Buy Bitcoin with Debit Card Instantly?

Those users who have debit cards may buy Bitcoin as well.
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How to do it? First off, a potential buyer should register with the exchange service. With Switchere, it is as easy as ABC. You have to enter your email and create a password for quick registration. After that, you are offered to undergo a secure ID verification which, in turn, helps to confirm you are a legal user, and you won’t have any fraudulent purposes. Usually, it is instant or takes 15 minutes of one’s time only. Beyond that, an exchange will offer an option to send proof of income to enlarge the limit for buying. This type of documentation takes up to 1 day for a verification.

After undergoing the cycles of registration, you may buy Bitcoin with credit card anonymously, or using your debit card. As was said above, the money comes almost instantly to your wallet.

What are the additional perks of buying Bitcoin with a credit card or prepaid?

  • You may always save your money and convert your dollar USD or euro to crypto (bitcoin, est, eth, etc.) without any hidden fees. For instance, the Switchere converter guarantees safe transactions and money that you previously ordered with them. No extra fee to pay at all;
  • Depending on the online service or website you choose, you may access the lowest rates or fast cashback. The more you spend, the more cashback you get. Moreover, you may find a referral program that may bring you more profit by recommending the exchange to others. Yet, your friends should start using the platform as well. Only then, you get additional profit;
  • Unlike banks, online exchanges work 24/7. It means that you get the easiest way to address your inquiry to the customer support team. For example, you want to buy Bitcoin via one’s site, but the registration form is hard to use. The representatives will immediately solve the problem for you.

Let’s sum up. What method to use to buy BTC without any troubles? You have to find a reliable exchange or any other place which you may trust your funds. Through a site, you have to register and pass an ID verification which will confirm your legal intentions for using the cryptocurrency. After undergoing a full verification, you may convert your dollar and euro to buy Bitcoin. The exchanges won’t reveal any piece of information provided by you.

Note, if a website requires many documents from you, for example, confirming your property, it should raise suspicion. Trustworthy companies may only ask you for an ID, and proof of income. The latter one is appreciated when you want to have an unlimited status for transactions and purchases.
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Beyond that, you should ensure that one company services your country. There were many events when transactions of cryptocurrency were not supported or even banned including in countries like Algeria, Nepal, Pakistan among others.

Read Also:

The Ultimate Guide To Bitcoin For Newcomers
All you need to know about bitcoin wallet
What is the future of bitcoin ETF

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