Another method of getting bitcoins anonymously is using peer to peer services.
Now peer to peer services as the name suggests.
Remove the middleman or the middle entity that facilitates exchange in fiat or normal currency with
crypto currency.
So with Coinbase and all of the other exchange websites there is a middleman or an entity or a company
or a bank that is acting in the middle.
We give this entity our fiat currency or normal currency and we get crypto instead.
And usually these companies and entities would require extensive information about us would require
us to verify our identity and so on.
Therefore they're great in terms of security but they're not very private or anonymous.
On the other hand with peer to peer it really depends on the person that is selling you the bitcoins.
So you might be able to find a seller in your area that is willing to give you bitcoins without verifying
your identity.
A lot of sellers also accept cash in person.
So you'll literally be able to walk in give them cash and then get your bitcoins in your wallet.
This is great.
So this is similar to using an A.T.M. but there is no cameras.
There is no shops so it can be even more anonymous.
Now if you go on bitcoin dot org and look at the exchange page that I have in here we already discussed
the exchange websites.
Like I said in here like Coinbase and all of them if you scroll down you'll get to the peer to peer
section that shows you the most common and most popular peer to peer services that you can use to get
bitcoins.
Now the top three services in here they are peer to peer so there is no middleman but they either require
you to verify your identity to sign up or they only accept payment methods that would require an I.D.
such as transferring money using Western Union and other services where you have to show your I.D. when
you're transferring the money.
The last two in here local bitcoins and packs full are slightly better because they offer a large number
of payment methods including cash in person.
Now local bitcoins does not offer cash in person anymore but used to PACs will still does that.
And I'll show you how to use it in a minute.
But before using PACs I want to give you a quick look on local bitcoins.
I already have it open in here.
And using this website is very very simple.
You type the amount that you want to exchange for bitcoins.
For example we can take 25.
You select the currency that this amount is and you select the country that you are in and you select
the payment method that you want to pay with.
And as you can see there is a lot of payment methods in here.
You can pay by cash at 8:00 p.m. you can do a cash deposit.
You can do a bank transfer and so on.
Now as you can see a lot of them would require you to present an I.D. or at least verify your I.D. when
using these services.
And like I said this Web site used to offer cash in person but it doesn't anymore.
So you can actually just keep this on all online offers and search and you'll see all of the offers
that's available in your area in your country in which you can get bitcoins with.
So as you can see we have a seller here that accepts cash.
You can see these guys accept bank transfer and you can just look for whichever is best for you and
pick it from here.
Now one more thing that I'd like to note keep in mind that in here you're using a peer to peer service.
So it's similar to buying stuff from eBay.
You want to make sure that the person you're buying Bitcoins from has a good rating.
So if you look in here the first number that you see between the two brackets this is the amount of
exchanges that he's done.
And as you can see he has 100 percent positive feedback.
This guy right here has done more than 20000 exchanges and he has 100 percent positive feedback.
So he is a really really good seller to get from.
Now once you find the seller that you're happy with all you have to do is literally click on buy and
the website will take you through the steps that you need in order to get your bitcoins.
Now using this is very very simple and intuitive.
That's why I'm not going to spend time on it specially that this Web site does not offer cash in person
which like I said is the most anonymous payment method.
Instead I'm going to show you how to use a Web site called Pax.
Well like I said it's the second Web site that we have in the list in here.
The reason why I want to focus on this Web site instead of local bitcoins is because this Web site has
cash and person.
And again as you know this is more anonymous.
Now I have this loaded in here in my computer.
And as you can see again very simple to use from the left here you can pick the payment method that
you want.
And as you can see we have bank transfer PayPal Western Union and a lot of other payment methods you
can even see gift cards who were gift cards and so on.
So things that you can't even think of.
But what we're looking for is cash.
And as you can see we have in here cash in person.
So that's why we want the amount that I want to transfer.
I'm going to put it in euros because I live in a European country.
So let's put 20.
And that's going to be Euros is telling us how much that will be equivalent to in Bitcoins.
And we're going to click buy Bitcoin now to search for all the sellers that exchange cash to Bitcoin
and accept cash.
And person now we have no script here detecting a potential cross site scripting attack.
It's not really an attack is just this Web site is using Twitter's API.
I'm going to keep this at like.
Anyway we're going to click on.
OK.
And because we're using Tor right now the Web site did not get my correct location.
Therefore I'm going to scroll up and I'm going to select the country from here manually.
So by default the Web site should automatically get where you are.
What because we're using Tor we appear like we're coming from a different country.
That's where the results will not be relevant to us.
So I said this to Ireland we're going to search
and perfect as you can see we only have one result but that'll do.
You can see this result has more than one thousand one hundred sixty eight positive transactions.
So that's all good.
It's in Dublin so it's in the same city where I live.
So it's perfect.
So you can either click on buy to go ahead and go through the buying process or you can click on the
seller to get more information about him.
So again you can see the amount of positive reputation or positive reviews we have one neutral review
and zero people saying that they had negative feedback with using this service.
Now you can see again in here the e-mail and the idea of this person and the phone number have all been
verified so that's good.
You can see the amount of trades he's done the trade volume the amount of people that trust him.
And you can see the amount of blocked people.
Now this should not put you off from a setter if you see some blocked people.
This might be just people that this seller blocked because they were conducting fraud.
So it's nothing scary if you're buying from someone you should focus on the positive feedback that you
see in here.
Now again in here you can see the payment methods that this seller accepts.
So they accept cash in person.
They accept cash by e-mail.
They accept a gift card and so on.
What I'm going to close this because what we were interested in is cash buy in person which we already
clicked on.
So you can see it actually automatically loaded in this tab.
What if we go back to where we were and literally just click on buy here.
The Web site will take us through the buying process now before buying Bitcoins using this website.
We'll have to make an account with them.
Now the nice thing about this it's not going to ask you for a lot of personal information.
So as you can see it's asking us for the email we have already created an email that will on use on
the darknet anyway.
So I have it and here is John week at a blue dot in.
So I'm just going to paste it here.
It's going to ask you to set a user name will set the same user name as the email and will set a password
we're going to agree to the terms and conditions.
Now again you might want to go through this in details.
But for me it's fine.
I'm going to create the account.
OK so the account has been created as you can see in here.
But before we can buy bitcoins we have to go and verify our e-mail.
So I'm going to go to my e-mail in here.
I'm going to refresh my inbox and we have a new message.
We're going to click on it again and load the verification link that we have in here so that said my
email has been activated successfully so I'm just going to go back to the page that we were in already.
And as you can see the verification message has disappeared.
So right now we have already set the amount that we want to exchange for bitcoins.
We know how much we should get.
We've already checked our seller.
So I'm going to click on by now to initiate the process you'll get a nice message explaining to you
how this is going to work.
So we're going to say.
Got it.
And basically what you want to do is pay the money here.
Once you do you click on paid and wait for the money to arrive in your bitcoin wallet.
If for any reason you don't wish to continue with this you can just click on cancel and all of this
will be canceled now on the right as you can see we have instructions on how this will work and this
might vary depending on the seller you're buying Bitcoins from now as you can see in here at scene we
have one hour to make the payment.
If we don't then the trade will expire.
So I'm just going to send him a message asking where we should meet.
Now I've actually waited for the seller to get back to me.
But as you can see I got nothing here.
So I communicated with him using one of the methods shown in here.
Now obviously telegram is anonymous enough if you install it on a phone that has followed proper opsec.
That is not used for personal use that does not contain any personal information.
So I communicated with him and the minimum they do is 3000 euros.
So at the minimum I can transfer into bitcoins is 3000 euros.
Now that's a bit too much.
I don't want to transfer that much money doing this for this cause unfortunately in my country.
As you can see this is the only seller.
So there is no other options for me in your case if there are other sellers.
You can go ahead and try to start a trade with them as you can see the process is the same.
You communicate with them.
You meet up you give them the money.
Once you give them the money you click on paid and you wait for the money to arrive in your account.
Now the money will automatically arrive in your wallet in here because when you create a passport account
it automatically creates a bitcoin wallet for you.
And as you can see right now there is no transactions in mine.
So once you go ahead and pay them and come back here and click on paid the money they should transfer
the money into your wallet in here.
Now as you can see you even have the address of the wallet here if you just want to use it for normal
use.
And because you're communicating directly with that person through this chart or through one of the
other methods of communication that they list here you might even be able to give them the address of
your electoral wallet.
So as we've seen before all you have to do is go to the receive tab copy this address or QR code and
give it to them and they might agree on transferring the money directly into your electronic wallet
if they disagree that's fine.
You're going to get the money here and you'll be able to send it from here into this wallet again simply
using this address and I will actually cover a transfer in Bitcoins from one wallet to another in the
next lecture.
Anyway.