Hi guys
I’m looking to buy Btc anonymously. I really don’t trust the government where I live 
but I am not ready to relocate yet. I’ve been looking at many options to get Btc and stay of the grid. Best one I came up with is cash→xmr→ Btc. But even though I am happy with that, it’s slow and not really convenient. I saw options with cake wallet, liquid, ltc but again, it would come from Cex. Any ideas? Thanks
Any method you’re able to use to acquire XMR is going to ensure a very high level of privacy (maybe even anonymity) for your payments because it’s incredibly good at obfuscating transactions. I just use a regular KYC platform to buy XMR. This way, they know I’m buying XMR, but they have no idea what I’m doing with it afterwards. You could do this and then convert to BTC. That’s probably the simplest way that would give you a high level of privacy even with all BTC transactions being public record. If you’re going to use BTC be sure to at least use different sending and receiving addresses for different payments. Cake wallet lets you do this. Sticking with XMR would be much, much better for anonymity if possible though. It’s tough to make BTC anonymous.
i got it, thanks for your reply.
But that’s the thing. You say “I just use a regular KYC platform to buy XMR. This way, they know I’m buying XMR but not what I am doing with it after.” But the entry point is known. You buy from let’s say Kraken. To an outside observer: “coins left Kraken to address X” then the trail goes dark. But for the government, and for tax purposes, they will assume you are still holding it, unless you can prove otherwise… 
I see. If you need to obscure the fact that you’re even buying crypto at all, your current method using cash is likely going to be the best for that. Any online methods of buying crypto are going to be traceable.
Yes. Or just pay with XMR if possible instead of BTC.
You can use cake wallet or https://trocador.app/en/ to swap from XMR to BTC.
Cyrpto ATMs are the best way to get what and how you want. You can buy with cash and directly deposit in Cake Wallet.
You could try non-KYC P2P trading platforms like Bisq, Robosats, and RetoSwap. You could find more suggestions here: kycnot.me
Do they tax you based on the amount of crypto (BTC/XMR) you buy? Or do they tax you when you sell your crypto (capital gains tax and similar stuff)? If they only tax you when you sell, I don’t think you have to worry about it, because you will never sell your XMR on a KYC exchange again.
I heard about the ATMs several years ago but completely forgot about them. Did a search and there are plenty near me. Scan my wallet’s QR, insert cash, send. Too easy.
Exactly. It’s the simplest way to get crypto privately/anonymously, with cash, in person, without talking to a single person.
Purchasing something with crypto counts as a sale for tax purposes. You pay capital gains on the difference between how much you bought the crypto for and how much in dollars whatever you purchased was worth.
(I am not an accountant and this is not tax advice)
Only if you realize the capital gains and liquidate (in any legal tender) and if you have assets in large amounts. But for everyday use to buy select things every now and then with crypto, online or in person, this is not something one should worry about necessarily (as I understand it).
Only in the sense that it’s maybe unlikely the IRS (or equivalent) would bother to do anything, but if you don’t pay capital gains taxes on your purchases made with crypto you are committing tax fraud, technically.
Again I’m not an accountant or a lawyer, but I am fairly confident this is the case.
They have cameras and probably police very nearby if you deposit a lot of amount etc.
risk of tainted coins
In North America, you can deposit aprrox. $990 USD a day without issues. And if you want to deposit more in cash, the ATM machine will have to “verify” you with a valid phone number but that’s still not a full KYC if you ask me. All of this is legal. The police can’t do anything.
ATM is still the best option I feel. I use it regularly. Very minimal fees and in cash. You don’t even need to have an account on any exchange and have them store your details at risk of theft or breach.
So, to be clear here, BTC wallets don’t have a name tied to you. The financial system has just put exchanges on lockdown with existing KYC rules so you can’t buy BTC or other crypto currencies without going through a KYC process. Then the first deposit into a wallet is tracked because it’s the same amount, which corroborates the purchase of crypto. Then everyone knows that wallet is yours and can track from there where that money goes.
Also, if you’re talking about taxes, which this doesn’t seem to be a tax question, you are only taxed when you exchange BTC back into a national currency. That’s a problem for Future You.
Some Bitcoin ATMs require scanning a government ID, palm scan, etc. so even if you’re using cash at one, you’re still likely to go through a KYC process which will declare the purchase to your government. Really, what you’re trying to do is circumvent KYC processes, which vary by country but are often very strict. Doing something stupid like using a fake ID at a Bitcoin ATM will be a very quick way to find out how much your country cares about this kind of thing and how quickly they can track you down.
If it were me, I would first use ChatGPT via Duck.ai to explore my local KYC regulations to know what the options might be (check sources!). We can’t tell you without knowing what country you’re in, and I don’t want to ask you to give that info up. If your daily purchase limits without triggering government overreach are reasonable, consider just working slowly and going that way with normal exchanges. Also look to see if your country’s policies are poorly worded and ONLY track BTC and not other coins. It’s unlikely, but it might be a workaround.
If you live close to another country or plan to visit another country with Bitcoin ATMs in the near future, using one outside of the country where you’re taxed might be a slightly better option. My best guess would be that your name would still end up in some database of people owning that wallet and if the two countries talk, then you might end up penalized for not reporting if that’s a thing where you live. Maybe, maybe not. That is likely a crime in some places, so do not do anything illegal. It also might only be a requirement to report it if you pull BTC out if there’s capital gains, so you need to do research on this.
Next, I would seek out someone local to you that knows about BTC and has a wallet and ask them what their thoughts are. They may be able to help you out, and may suggest something like paying a real human cash for BTC, which is very risky if it’s not fully illegal where you are. If you end up in that situation, start off small, with 10% of what you want to buy as a test, and just expect to lose that money. If you end up getting the cash into your BTC wallet, then break up the remaining 90% of your cash into 3 more purchases, but tell them that you’re making 5 more purchases, then after the 3rd one say you decided that was enough and needed the rest for something else. That way if they want to keep your last tranche to screw you, you’ve stopped before they can do that.
A lot of these are bad options, might cost you a lot in transaction costs that are humans putting the squeeze on you, and some might be illegal where you are. Be aware of local laws and be careful.
There still are many ways to mitigate if not eliminate your concerns listed. But that also depends on where you live and what you have access to and how. But in most western countries, you can always buy crypto with cash without any KYC whatsoever. And you can also use a non custodial wallet or wallet with features where each transaction uses a different address and nothing can really be attributed to one address or ID.
Buying and using BTC in small amounts is perfectly okay and taxation is not an issue for the most part if you don’t wish to liquidate it in any legal tender.
If you’re worried about that, you could swap again through THORChain or Trocador, or use CoinJoin. Once have on-ramped without KYC, you have many options.
Thanks all.
Long story short. I heard eventual tax on holding.
In France, they are trying to pass an “Unproductive Wealth Tax” (2025 Budget): Targets unrealized gains across crypto holdings.
I fear laws and regulations will get worst in the coming years. Look at how many bitcoiners like Jeff Booth are living their countries.
Having said that, I know that the most important is to stack sats no matter what. But the idea behind this post was to buy BTC anonymously from start to keep me safe from governments => They can’t control what they can’t see.
I just feel that with them knowing too much about us, we the people, will get screwed over and over again.
FYI I am in Australia. I went to 3 different ATM’s and they asked phone verification, ID and picture hahahaha 