It is known that cryptocurrency transactions are not linked to an identity or person. To send bitcoin, you just need to write an alphanumeric string on the blockchain without the name of the sender, his physical address or email address. The blockchain is generally public. However, the person’s identity can be traced anyway. This is done using IP addresses or public addresses info. Nevertheless, there are reliable ways to hide the private information or transaction details. How to pay in crypto anonymously and what methods can be used.
Are Crypto Transactions Anonymous?
There are cryptocurrencies that are claimed to be 100% anonymous. However, this approach of fully anonymous transactions we treat skeptically.
Bitcoin transactions are also called pseudo-anonymous because the sender’s identity can be traced through a private WiFi connection. To connect to the Internet you generally provide your proof of ID that can be matched against your IP. Thus, the provider himself can easily determine whose identity is hidden behind a cryptocurrency transaction. Let’s consider some ways to make crypto transactions anonymous.
Guide On How To Pay In Crypto Anonymously
We have compiled this guide so that users can understand how to make anonymous payments in crypto. Find below the specific payment and money transfer methods that hide information about the transaction initiators and make them anonymous. How to block tracking your bitcoin anonymous transactions?
Use TOR To Hide IP
Tor is a web browser that anonymizes your online traffic making it easy to protect your identity. This tool hides your IP address and helps to connect with the Bitcoin network anonymously. For crypto payments over the Tor there is no way to identify where they originated.
Browser working principle is the encryption and randomly routing the user internet traffic to computer nodes on the network. Thereby, using an onion-style routing technique for data transmission the Tor network does not directly connect your PC to the specific website obscuring users’ identities, transactions, communications or requests.
Use Protected Email
Billions of emails sent every day contain personal and business information that makes them a prime target for scammers. Unprotected email is another tool to keep track of your transactions and personal information. Although email services take steps to protect your messages from being traced, these measures are not completely reliable. To avoid this use protected email or encrypt a message before it leaves your device, thus no one in the intermediate steps can read your messages. It is one of the efficient tools for those who make anonymous payment in crypto.
Don’t Use Your Real Info
Never use your real information, especially bank details or your address. Your real personal information can be a great opportunity to reveal your identity and track your online activities. This method will help to keep your crypto transaction anonymous.
Create A New Wallet For Each Transition
If you are using bitcoins on a regular basis, it is recommended that you use a new address for each crypto transaction to ensure your anonymity and avoid them being linked to a common owner.
Let us give a very powerful analogy – sending and receiving currency online is like writing under a pseudonym. An author’s pseudonym is linked to their identity, so it means that everything they ever wrote under that pseudonym will be linked to them. Thus, always using a new address for payments makes it hard to link multiple transactions to you and there would be nothing to link those addresses together.
Use VPN & Encrypt Your Traffic
Virtual Private Network is a secure tunnel between your device and the internet. It protects your traffic and history of your activities from tracking, tampering and censorship. When you connect to a secure VPN server, your Internet traffic is redirected through an encrypted tunnel that no one can see into, not hackers, not government agencies, not even your ISP. Before arriving at the final location VPN routes the traffic through multiple servers improving the privacy of your browser history or, in this case, bitcoin transactions or deposits. This helps you to keep your crypto transaction anonymous.
The Best Methods To Pay In Crypto Anonymously
Now, we will talk about how to make anonymous bitcoin payments and which are the best ways to pay in crypto anonymously. Some of the following anonymous payment methods are easy to use, the others are location specific or impossible to top up. Anyway, we are describing them with their pros and cons to better understand the feasibility of using each of them.
|A prepaid card is sold in many stores where you can buy it for cash. Cards can also be purchased online, however, for this it is mandatory to provide your personal details to the company from which you buy it. The best way to buy the prepaid card online is the Baxity Store where you don’t share your bank details.||Although it is simple to get a prepaid card, this option has some obstacles or cons. Most prepaid cards have a minimum limit of $20 and it is usually asked to sign up with your full name, email and registered address. This requirement destroys the whole aspect of anonymity.|
|The free disposable credit card services are totally legal and very popular among the users due to the possibility to make purchases online with a fictitious name. The benefits of masked cards include the following features:
||Masked cards have limits and do not allow you to spend more than $500. They cannot be used for regular payments, for example, for gym membership. Finally, due to the false information of the masked cards, confusing situations arise when you are forced to use one false name to buy one thing and another to buy another thing.|
|As the most popular choice on the market Bitcoin is an innovative payment network using peer-to-peer technology to operate with no central authority or banks. It is possible to send and receive bitcoins without tying the transaction to the identity of users and giving out any of your information.||Unfortunately, Bitcoin addresses can be linked to real identities and all transactions are traceable and transparent. This allows clustering them together and then tying to the same user.|
Looking For An Easy Way To Buy Crypto? Try Bitnovo & Crypto Vouchers
Bitnovo and Crypto Vouchers are digital platforms offering the method to purchase cryptocurrency with vouchers. This is an easy way to pay with crypto anonymously and at the same time to protect your transactions from being traced.
We recommend buying vouchers from a trusted and reliable retailer as a Baxity where you can safely share your payment or bank account details without worrying about your private information leak.
All you need is:
- To go to the Baxity Store website, choose the Bitnovo Coupon or Crypto Voucher,
- To select the value of your voucher,
- To choose the secure payment methods,
- To complete your purchase.
After that you get your voucher code immediately on the screen which simultaneously arrives in your inbox via email. Thus, you can make safe and anonymous bitcoin payments on the websites which allows you to redeem this type of coupon.
Pseudonymous VS Anonymous Crypto Transactions
What is the difference between pseudonymous crypto transactions and anonymous? Someone who pays in crypto anonymously operates in a way that makes them unidentifiable. Someone who’s transactions are pseudonymous operates in a way that it is possible to identify them, but their identification shields who they actually are.
When opening a bank account, the client provides an identity card thereby linking his financial transactions with his identity. In this case, anonymity and pseudonymity are excluded. However, when creating a bitcoin wallet, the client creates an alphanumeric address through which coins can be sent to the balance and which is available on the blockchain to the whole world. But this address only provides you with a pseudonym, because examination of your public bitcoin address can reveal your real identity.
Accepting Cryptocurrency Payments Is Easy With Baxity
Today the development of various technologies that successfully allow you to pay for goods and services with cryptocurrencies are an indispensable tool not only for users who wish to make bitcoin anonymous transactions on the network and hide transactions history. This opportunity is also successfully used by merchants, who effectively evaluate the growth of users who make transactions with cryptocurrencies. Timely integration of cryptoprocessing on the site allows them to increase the number of customers as well as the turnover of goods.
Integrating cryptopayment service on a merchant site means to choose a reliable company ensuring one hundred percent security of funds due to a high degree of transaction protection with reliable encryption. If you are planning to connect cryptoprocessing to the site, please contact Baxity Customer Support. We will help you quickly implement the system on your website with a full guarantee of the safety of your funds and protection from fraud. By using a new payment method, you help your business develop and expand.
Through this link you can find a step-by-step guide on how to become a Baxity client and accept cryptocurrency payments on your website.
In a world of fraud we should find ways to make online crypto transactions anonymous. Doing so we can ensure the safety of our personal information and avoid data leakage. As we have describe below there are several ways to pay in crypto anonymously:
- Тo hide IP addresses use TOR or other methods.
- Use anonymous email addresses.
- For each transaction create a new Bitcoin address wallet.
- Never use your real private information details.
- With bitcoins use a mixer service.
Follow this link and know more about anonymous payment methods guide.
Frequently Asked Questions
How To Pay In Crypto Anonymously?
There are not many ways to pay anonymously with cryptocurrencies and hide the transaction details. We recommend to use:
- prepaid cards
- masked cards
What Are The Best Ways To Pay In Crypto Anonymously?
You can make anonymous bitcoin payments using the following methods that hide your real IP address or identity and do not allow third parties to track your activities on the network:
- Use TOR browser and VPN.
- Encrypt your traffic.
- Create new address for transaction.
- Use bitcoin mixer service.
Why Use Bitcoin For Anonymous Payments?
While Bitcoin wallet records are public, there is no inbuilt system which can identify the owner. But using Bitcoin to pay online does not mean that your crypto transactions are hidden from the world. To use Bitcoin for anonymous payments follow our recommendations and examples on the best ways to pay in crypto anonymously.