Vender Cripto a cambio de moneda fiat no-anónima

There are several ways to anonymously convert your cryptos to fiat currency, so let's see how to move from quadrant 4{target="_blank"} to 2{target="_blank"}.

To get fiat money in exchange for our cryptocurrencies we have 3 ways to make it anonymous:

1. unregistered broker 2. Direct P2P 3. Third party services

1. Unregistered broker

As the title suggests, these organizations are specifically dedicated to this type of exchanges. Generally, they are made in a physical way or even a person can come by to withdraw the money, this type of movement carries risks that make the service more expensive.

2. Direct P2P

Here we will find several ways for people to contact each other directly to make the exchange:

• Groups in social networks
• Wallets that include P2P
• P2P platform services

Through the aforementioned means, the transaction takes place physically in a public place agreed upon by both parties, e.g. a coffee bar. This option may not be as favorable in terms of the exchange rate, since it becomes more expensive for the same reasons based on risks and logistics. It is advisable to look for people with positive references to carry out this process, since we must count on a trust that we do not have yet. There are platforms that act as an intermediary and add one more layer of security while maintaining the anonymity of the participants, it does this through a simple registration with only email and a scrow system for the exchange, Hodl Hodl is an example of this. Another important point to remember is that transactions in cryptocurrencies are not reversible, so it is recommended not to move with payments through platforms that have reversible methods such as PayPal or a credit card. If we run into someone malicious can keep our crypto and make reversible the payment that made us keeping everything.

3. Third-party services to pay with cryptocurrency

Here we will see entities that allow us to buy products that only accept payments with fiat, but we can pay with crypto and anonymously thanks to this service. As an example we can take Bitrefill, which allows you to buy with crypto a wide variety of gift cards belonging to stores like Amazon. We can also mention Pay With Moon, which allows you to make online payments only in the United States with a virtual debit card ($1000 limit) funded with bitcoin through Lighting Network.

To do the flow in reverse*, from fiat to non-anonymous crypto, you can use the first two methods we mentioned at the beginning*.

Continue learning more, but now going into the path from non-anonymous crypto to anonymous crypto{target="_blank"}. Contribution created by: José Atilio Marcelo Aranda.