1m sats \ 19 replies \ @deleted231216 21 Feb 2022 \ on: From BlockFi to no KYC -2M sat bounty bitcoin
Sell the KYC Bitcoin back to the same exchange. You can't delete the purchase records but you can create sale records, so that the state may assume that you don't own Bitcoin anymore.
Then buy Bitcoin via cash, gift cards or money orders. Don't use a bank account, since the bank requires ID to open the account, which means that anything involving banking/credit cards/Revolut/Zelle is KYC-lite not KYC-free.
Many Bitcoin ATMs (especially CoinFlip) have $800/day limits without KYC. For larger amounts, visit different ATMs on the same day or the same ATM for a few days. Use a burner phone number (this isn't KYC, since KYC specifically means government ID requirements) such as TextVerified.com. More info: https://coinatmradar.com
Cash by mail is another option. Find a trader in Bisq.network, HodlHodl.com, Agoradesk.com or LocalCryptos.com. Money orders also work and are KYC-free (for buyers) up to $3k. More info here: https://x21.tools/no-kyc
Gift cards are better for small amounts, e.g. trade a $50 Amazon gift card for $40 Bitcoin. But in case you need it, Redeeem.com is a KYC-free gift card exchange.
You could also find a local cash in person trader. Bisq and other P2P exchanges have cash in person (or face-to-face) listings. You can also ask local Bitcoin, tech or libertarian meetups if anyone is selling Bitcoin. A good guide to setup local groups: https://github.com/taxmeifyoucan/p2p-trading/
For larger amounts, you could look for a KYC-free OTC trader. Maybe there are also some gold/silver traders.
More options here: https://github.com/cointastical/P2P-Trading-Exchanges/ Check which ones accept cash, gold or gift card payments. Avoid banking and credit cards (KYC-lite).
Now this actually seems plausible. Not sure if I can get all of my BlockFi assets off this way but I’m going to try this method starting tomorrow. In two weeks if I am successful I will tip this post 1 million sats. And ask you for a project to donate to.
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Let me know if you need any help. If you don't see any cash in person, cash by mail or money order sellers in your area in Bisq/HodlHodl/etc., you can post your own buying ad, and if necessary you can choose to set an x% discount to get an offer faster.
Bitcoin ATMs would be the most convenient option, but with higher fees. Check for KYC-free Bitcoin ATMs here: https://coinatmradar.com/ and Bitcoin ATM guides here: https://x21.tools/no-kyc
If there are multiple Bitcoin ATMs where you live, you can visit multiple ATMs in one day, otherwise you can visit the ATM every day until you have enough Bitcoin. If you are near Maine, there are many KYC-free ATMs: https://btcmaine.com Otherwise CoinFlip is popular and in many states.
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Started this today. Liquidated everything in BlockFi. Soon as the fiat hits the account I’m going to follow these guides. I think this is something the average person can do.
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In need of help. I liquidated BlockFi to cash. I am following this guide here
And I hit a snag paying for text verified. I got a pre paid debit card with cash from a drugstore around me and text verified is rejecting the payment. Do you know of another way I can by pass this issue with cash? I think once I get over this hurdle I’m in the clear.
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Did you activate the card (if it needs activation)?
SMSPVA.com may work. I heard Mint Mobile sim cards in the US are KYC-free (pay with cash). There are some free "second number" apps, maybe a number from one of these would work (e.g. https://www.burnerapp.com/secondnumber or https://www.digitaltrends.com/mobile/best-apps-for-a-second-phone-number/). Or you could buy an esim (esims require a Google Pixel or iPhone).
Otherwise https://ln-sms.com/ costs 2000 sats and https://sms4sats.com/ costs 3000 sats. You could earn this via Lightning Faucets (https://lightningnetwork.plus/posts/112) or microtasks via Microlancer.io.
You could also sell the prepaid debit card for Bitcoin: https://www.cardcoins.co/ or https://redeeem.com/ or check if any KYC-free exchange here accepts prepaid debit cards: https://github.com/cointastical/P2P-Trading-Exchanges/
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Yes card is active
Smspva.com doesn’t have BTC ATMs listed for services
I think mint mobile might be the best way will try and find one.
Apps don’t work. Tried to use burner and they asked for my real number before giving me the fake one. All the others are through iOS which im almost certain you must pay via apple and not a prepaid debit card.
Redeeem is confusing and lots of work to just sell on prepaid card
Cardcoins you need at least $50 pre paid debit card. This could work but my prepaid debit isn’t high enough
Lots of exchanges to filter through.
Lightning network is out. I want to do this as if I have zero Bitcoin and oblivious to the lightning network
Can you buy esim with cash or prepaid debit?
Plan of attack (if fails move on to next)
- Look for mobile mint sim
- Get $50 prepaid debit card use cardcoins
- Figureout redeem sell my cards for BTC
- Search on p2p for btc
This is getting really difficult to do. This is why I think no-KYC purchasing is allowed to the able and willing. A normal person would have given up by now
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Mobile Mint seem to have worked! Bought a trial sim for $2 at Best Buy. Downloaded the mint mobile and used a dummy name and email address and the sim activated. Just curious about how much KYC leakage you have with downloading the mint Mobile app from google play but so far this is something a normal person can do. Now off to the atm and see if we can get this to go!
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Just came back and it’s complete! First no-KYC sats purchased! While it’s not 100% anon (mask but no sunglasses camera at the station, drove there so could link License plate) this is definitely doable for the common person. Just need to have a burner number. That is the biggest trouble I Had. Once i am done turning all my cash to no-KYC sats I will let you know
Use https://smsreceivefree.com/ or other sms site
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Or for the privacy extremist we have sms4sats.com and silent.link
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