[DPR™]

Hi,

So I'm a quite advanced user of technologies and I have a pretty good understandment about crypto currencies.
Regardless, I'm facing a problem and I can't find a solution. I would like to buy cryptos (BTC or ETH or XMR) fully anonymously and I have cash. All available options like Paxful, LocalCryptos seem to have all one problem, limit on the transaction amount or there are no sellers available for the amounts I'm requiring.

In short, I would like to buy arround 200K (that I have in cash), worth of cryptos fully anonysmouly.

How could I pull this off?

[Voxi]

So you're asking us how to money launder 200k into bitcoin?

If this is not the reason, why do you want it to be anonymous & why $200k in cash lol?

Edit: only way is to meetup with multiple people for small amounts.

[Bankrupt]

Not really that viable anymore, things are too mainstream now

[Semmenial]

You think it's not going to be suspicious that $200k randomly goes into an account with no tracebacks to an exchange????
You realize the blockchain(for BTC) is publicly viewable and all transactions can be traced back to an originater.

I would suggest slowly buying smaller amounts of crypto with cash using different addresses. Would be a much smarter decision. Use the exchange section here, using cashapp or whatever you can.

[Tommie R]

"So I'm a quite advanced user of technologies" lol..

To answer your question, you'd most likely have to go Peer-to-peer and find someone who wants cash and has Bitcoin. Search around on LocalBitcoins. Don't be fooled, Bitcoin isn't as anonymous as you think it is.

[Omniscient]

Be careful about where you get that much Bitcoin. I suggest you only get XMR with that much in funds.

[Zoomers]

Cash as in money in bank or cash cash. I would do peer to peer if you can get money into bank than zelle

[HᴇʀᴍᴇS]

You won't be able to just do that in one transaction, anonymously.

I won't go into details as I'm sure you know where I'm going with this.
But around $3 can get you a few hundred almost a thousand transferred through a cashapp.

Now just keep repeating this process.

[jonova]

Cash F2F to BTC can be bought but yea ultimately on your own account XD

[Omniscient]

You won't be able to just do that in one transaction, anonymously.

Curious why not?

Because far as I know, if he finds someone who has the crypto, he can just give them the cash. Risk of theft or scam aside I don't see why it's a problem. No different than selling a car. It's an asset traded between people. And if you're talking about being a MTB, that's only if you make it a habit and do X amount of transactions. I believe size of transactions are important as frequency. Example is if you do 2 $1m transactions you're better off than doing 1000 $20 transactions.

[T0Bi]

Risk of theft or scam

There have been several cases of people getting robbed / stabbed / done stuff to them when doing localbitcoin transactions with big amounts.

I don't think you should simply put those aside.

[Aeowulf]

You think it's not going to be suspicious that $200k randomly goes into an account with no tracebacks to an exchange????
You realize the blockchain(for BTC) is publicly viewable and all transactions can be traced back to an originater.

I would suggest slowly buying smaller amounts of crypto with cash using different addresses. Would be a much smarter decision. Use the exchange section here, using cashapp or whatever you can.

Going to second this one. Small deals.

[shreder]

If people get mugged for like $5 trades there is no way in hell you are buying 200k worth without getting kidnapped shot and killed

[Silkroad]

If people get mugged for like $5 trades there is no way in hell you are buying 200k worth without getting kidnapped shot and killed

Do the trade in a public space with multiple people around.

And like Omni said, you should definitely go for XMR instead of BTC.

Transactions are way harder to trace back with XMR.

After that, there's many services online that can help you "clean" your crypto.

[Omniscient]

quote]And like Omni said, you should definitely go for XMR instead of BTC.

Transactions are way harder to trace back with XMR.[/quote]

I'd be worried that buying $200k in crypto off-exchange might get your marked BTC. Imagine you do the trade, then one day deposit those funds into an exchange or use them in some traceable way and get into serious legal hassle over it. Or the funds actually taken until you prove source.

Exchanges are a necessary evil but they are indeed evil.

Just be smart and careful.