Buying bitcoin, especially anonymously, can be a stressful and hard thing to do. As bitcoin rises in price, more and more bitcoin sellers and exchanges have different verification identities, and different fees and rates. Whether your goal is to buy bitcoin ghost mode or buying in bulk with the lowest fees possible, here is the way to do it.
-Coinbase
Coinbase is a great way to buy bitcoin if your going for a quick transaction or a simple user friendly way to purchase. With this exchange, you can purchase through debit or credit, bank deposit, and PayPal(Flat rate fee of 4%). For larger amounts you will need to verify your identity which is a con, but is fine if you have knowledge on tumbling bitcoin. Another con is how often this exchange has server shutdowns which can last an couple hours.
-LocalBitcoins
LocalBitcoins is a great way to buy bitcoin anonymously with out the hassle of verifying identity. Fees vary as your buying from an individual and not an exchange, but they are definitely worse then Coinbase fees as you have to pay for privacy. You can choose as to whether you want to meet up with the seller or make a bank deposit.
-Bitcoin ATMs
Bitcoin ATMs are a great option to buy bitcoin as they are growing in popularity, you can find them in most areas. These ATMs work just like bank ATMs. You insert money, and you give the ATM an wallet address and you receive your bitcoin. Fees are pricey, the lowest I have found are rates at about 5% for $9,000+.
-Paxful
Paxful is one of the most anonymous ways I have found to purchase bitcoin. You can purchase with basically any gift card, any debit/credit card, and much more. Purchasing is similar to LocalBitcoins as there are random sellers your purchasing from, because of this fees are rather high especially if you're using a gift card.
There are multiple great ways to buy bitcoin and it all comes down to what you value more, privacy or price. Its a shame that as bitcoin rises in popularity, the price for privacy rises with it as bitcoin was created as an anonymous payment. Hope this helps for anyone having trouble finding ways to purchase bitcoin.
