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Another method of getting bitcoins anonymously is using peer to peer services.

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Now peer to peer services as the name suggests.

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Remove the middleman or the middle entity that facilitates exchange in fiat or normal currency with

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crypto currency.

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So with Coinbase and all of the other exchange websites there is a middleman or an entity or a company

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or a bank that is acting in the middle.

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We give this entity our fiat currency or normal currency and we get crypto instead.

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And usually these companies and entities would require extensive information about us would require

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us to verify our identity and so on.

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Therefore they're great in terms of security but they're not very private or anonymous.

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On the other hand with peer to peer it really depends on the person that is selling you the bitcoins.

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So you might be able to find a seller in your area that is willing to give you bitcoins without verifying

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your identity.

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A lot of sellers also accept cash in person.

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So you'll literally be able to walk in give them cash and then get your bitcoins in your wallet.

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This is great.

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So this is similar to using an A.T.M. but there is no cameras.

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There is no shops so it can be even more anonymous.

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Now if you go on bitcoin dot org and look at the exchange page that I have in here we already discussed

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the exchange websites.

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Like I said in here like Coinbase and all of them if you scroll down you'll get to the peer to peer

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section that shows you the most common and most popular peer to peer services that you can use to get

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bitcoins.

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Now the top three services in here they are peer to peer so there is no middleman but they either require

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you to verify your identity to sign up or they only accept payment methods that would require an I.D.

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such as transferring money using Western Union and other services where you have to show your I.D. when

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you're transferring the money.

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The last two in here local bitcoins and packs full are slightly better because they offer a large number

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of payment methods including cash in person.

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Now local bitcoins does not offer cash in person anymore but used to PACs will still does that.

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And I'll show you how to use it in a minute.

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But before using PACs I want to give you a quick look on local bitcoins.

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I already have it open in here.

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And using this website is very very simple.

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You type the amount that you want to exchange for bitcoins.

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For example we can take 25.

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You select the currency that this amount is and you select the country that you are in and you select

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the payment method that you want to pay with.

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And as you can see there is a lot of payment methods in here.

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You can pay by cash at 8:00 p.m. you can do a cash deposit.

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You can do a bank transfer and so on.

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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

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using these services.

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And like I said this Web site used to offer cash in person but it doesn't anymore.

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So you can actually just keep this on all online offers and search and you'll see all of the offers

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that's available in your area in your country in which you can get bitcoins with.

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So as you can see we have a seller here that accepts cash.

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You can see these guys accept bank transfer and you can just look for whichever is best for you and

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pick it from here.

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Now one more thing that I'd like to note keep in mind that in here you're using a peer to peer service.

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So it's similar to buying stuff from eBay.

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You want to make sure that the person you're buying Bitcoins from has a good rating.

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So if you look in here the first number that you see between the two brackets this is the amount of

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exchanges that he's done.

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And as you can see he has 100 percent positive feedback.

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This guy right here has done more than 20000 exchanges and he has 100 percent positive feedback.

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So he is a really really good seller to get from.

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Now once you find the seller that you're happy with all you have to do is literally click on buy and

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the website will take you through the steps that you need in order to get your bitcoins.

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Now using this is very very simple and intuitive.

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That's why I'm not going to spend time on it specially that this Web site does not offer cash in person

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which like I said is the most anonymous payment method.

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Instead I'm going to show you how to use a Web site called Pax.

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Well like I said it's the second Web site that we have in the list in here.

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The reason why I want to focus on this Web site instead of local bitcoins is because this Web site has

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cash and person.

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And again as you know this is more anonymous.

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Now I have this loaded in here in my computer.

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And as you can see again very simple to use from the left here you can pick the payment method that

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you want.

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And as you can see we have bank transfer PayPal Western Union and a lot of other payment methods you

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can even see gift cards who were gift cards and so on.

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So things that you can't even think of.

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But what we're looking for is cash.

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And as you can see we have in here cash in person.

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So that's why we want the amount that I want to transfer.

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I'm going to put it in euros because I live in a European country.

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So let's put 20.

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And that's going to be Euros is telling us how much that will be equivalent to in Bitcoins.

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And we're going to click buy Bitcoin now to search for all the sellers that exchange cash to Bitcoin

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and accept cash.

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And person now we have no script here detecting a potential cross site scripting attack.

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It's not really an attack is just this Web site is using Twitter's API.

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I'm going to keep this at like.

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Anyway we're going to click on.

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OK.

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And because we're using Tor right now the Web site did not get my correct location.

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Therefore I'm going to scroll up and I'm going to select the country from here manually.

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So by default the Web site should automatically get where you are.

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What because we're using Tor we appear like we're coming from a different country.

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That's where the results will not be relevant to us.

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So I said this to Ireland we're going to search

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and perfect as you can see we only have one result but that'll do.

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You can see this result has more than one thousand one hundred sixty eight positive transactions.

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So that's all good.

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It's in Dublin so it's in the same city where I live.

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So it's perfect.

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So you can either click on buy to go ahead and go through the buying process or you can click on the

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seller to get more information about him.

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So again you can see the amount of positive reputation or positive reviews we have one neutral review

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and zero people saying that they had negative feedback with using this service.

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Now you can see again in here the e-mail and the idea of this person and the phone number have all been

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verified so that's good.

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You can see the amount of trades he's done the trade volume the amount of people that trust him.

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And you can see the amount of blocked people.

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Now this should not put you off from a setter if you see some blocked people.

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This might be just people that this seller blocked because they were conducting fraud.

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So it's nothing scary if you're buying from someone you should focus on the positive feedback that you

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see in here.

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Now again in here you can see the payment methods that this seller accepts.

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So they accept cash in person.

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They accept cash by e-mail.

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They accept a gift card and so on.

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What I'm going to close this because what we were interested in is cash buy in person which we already

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clicked on.

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So you can see it actually automatically loaded in this tab.

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What if we go back to where we were and literally just click on buy here.

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The Web site will take us through the buying process now before buying Bitcoins using this website.

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We'll have to make an account with them.

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Now the nice thing about this it's not going to ask you for a lot of personal information.

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So as you can see it's asking us for the email we have already created an email that will on use on

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the darknet anyway.

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So I have it and here is John week at a blue dot in.

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So I'm just going to paste it here.

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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

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we're going to agree to the terms and conditions.

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Now again you might want to go through this in details.

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But for me it's fine.

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I'm going to create the account.

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OK so the account has been created as you can see in here.

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But before we can buy bitcoins we have to go and verify our e-mail.

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So I'm going to go to my e-mail in here.

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I'm going to refresh my inbox and we have a new message.

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We're going to click on it again and load the verification link that we have in here so that said my

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email has been activated successfully so I'm just going to go back to the page that we were in already.

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And as you can see the verification message has disappeared.

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So right now we have already set the amount that we want to exchange for bitcoins.

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We know how much we should get.

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We've already checked our seller.

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So I'm going to click on by now to initiate the process you'll get a nice message explaining to you

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how this is going to work.

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So we're going to say.

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Got it.

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And basically what you want to do is pay the money here.

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Once you do you click on paid and wait for the money to arrive in your bitcoin wallet.

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If for any reason you don't wish to continue with this you can just click on cancel and all of this

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will be canceled now on the right as you can see we have instructions on how this will work and this

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might vary depending on the seller you're buying Bitcoins from now as you can see in here at scene we

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have one hour to make the payment.

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If we don't then the trade will expire.

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So I'm just going to send him a message asking where we should meet.

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Now I've actually waited for the seller to get back to me.

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But as you can see I got nothing here.

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So I communicated with him using one of the methods shown in here.

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Now obviously telegram is anonymous enough if you install it on a phone that has followed proper opsec.

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That is not used for personal use that does not contain any personal information.

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So I communicated with him and the minimum they do is 3000 euros.

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So at the minimum I can transfer into bitcoins is 3000 euros.

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Now that's a bit too much.

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I don't want to transfer that much money doing this for this cause unfortunately in my country.

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As you can see this is the only seller.

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So there is no other options for me in your case if there are other sellers.

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You can go ahead and try to start a trade with them as you can see the process is the same.

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You communicate with them.

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You meet up you give them the money.

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Once you give them the money you click on paid and you wait for the money to arrive in your account.

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Now the money will automatically arrive in your wallet in here because when you create a passport account

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it automatically creates a bitcoin wallet for you.

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And as you can see right now there is no transactions in mine.

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So once you go ahead and pay them and come back here and click on paid the money they should transfer

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the money into your wallet in here.

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Now as you can see you even have the address of the wallet here if you just want to use it for normal

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use.

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And because you're communicating directly with that person through this chart or through one of the

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other methods of communication that they list here you might even be able to give them the address of

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your electoral wallet.

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So as we've seen before all you have to do is go to the receive tab copy this address or QR code and

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give it to them and they might agree on transferring the money directly into your electronic wallet

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if they disagree that's fine.

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You're going to get the money here and you'll be able to send it from here into this wallet again simply

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using this address and I will actually cover a transfer in Bitcoins from one wallet to another in the

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next lecture.

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Anyway.