How to Buy & Sell Bitcoin Without ID or KYC in 2025

How to Buy & Sell Bitcoin Without ID or KYC in 2025

Ben
August 12, 2025

Buying Bitcoin without handing over your ID is not only possible, it’s essential in 2025. As more exchanges tighten surveillance and governments push for stricter compliance, peer-to-peer platforms like Hodl Hodl offer a rare path to use Bitcoin as it was intended for financial privacy and sovereignty.

In this tutorial, we’ll walk you through the entire process of how to buy Bitcoin and how to sell Bitcoin without revealing your identity, uploading documents, or exposing your personal data to centralized honeypots.

This isn’t about theory, this is about action. You’ll learn how to use Hodl Hodl to connect directly with other Bitcoiners around the world, skip invasive KYC processes, and take full control of your funds. From setting up your account and securing a non-custodial Bitcoin wallet to executing trades and using multisig escrow securely, this Bitcoin wallet tutorial shows exactly how it’s done – no ID, no compromise.

Whether you’re looking to protect your privacy, stack sats off the grid, or simply learn how peer-to-peer Bitcoin trading works in practice, this step-by-step breakdown gives you the tools to trade without permission.

Why Buying Bitcoin Without KYC Matters

KYC (Know Your Customer) rules force centralized exchanges to collect and store your private data: names, addresses, government IDs, even biometric information. Once that data is captured, it’s permanent. You’re added to a database that can be hacked, surveilled, or shared with third parties, forever.

Here’s why that’s dangerous:

  • Bitcoin privacy loss: Your transactions can be linked and traced.
  • Bitcoin security practices are undermined: Centralized exchanges are honeypots for hackers and rogue employees.
  • Sovereignty erosion: If you don’t control your keys, someone else can freeze your funds.
  • Regulatory exposure: Governments may demand transaction histories, prevent purchases or withdrawals from exchanges or platforms, or worse.

Avoiding KYC means more than skipping paperwork. It’s a foundational step toward financial freedom. For those researching how to send Bitcoin anonymously, how to sell Bitcoin peer to peer or looking for top Bitcoin wallets without KYC, platforms like Hodl Hodl are essential.

What Is Hodl Hodl?

Hodl Hodl is a global peer to peer Bitcoin marketplace that allows you to buy and sell Bitcoin directly with other users, no ID required. The platform acts as a secure, non-custodial escrow intermediary and supports a wide range of payment methods and currencies worldwide. (Escrow is a financial arrangement where a third party holds and regulates payment or assets until the terms of a deal are met.)

Key features:

  • No KYC or identity verification
  • Peer-to-peer trades with global users
  • Multisig escrow for secure transactions
  • Multiple payment options with global currencies accepted
  • Optional offer creation if no suitable listings exist

All you need is:

  1. A self-custody Bitcoin wallet (e.g. Sparrow Wallet)
  2. An email address
  3. Application for 2FA (e.g. Google Authenticator)

This setup supports secure Bitcoin wallets and makes it easy to get started on Bitcoin for beginners focused on privacy.

If you’re based in Canada, this is a smart alternative for those looking at how to buy Bitcoin in Canada anonymously or avoid centralized Bitcoin OTC desks.

And, if you’re looking how to self custody Bitcoin with Sparrow Wallet, here’s an in-depth tutorial on how to get set up with Sparrow Wallet.

How Hodl Hodl Escrow Works

Hodl Hodl’s escrow system helps to ensure both parties get paid and avoid Bitcoin scams.

Each trade uses a 3-key multisig escrow:

  • 1 key belongs to you
  • 1 key belongs to the counterparty
  • 1 key belongs to Hodl Hodl

Two of the three keys are required to release funds.

This setup:

  • Prevents full control by any one party
  • Supports fair dispute resolution
  • Enables self-sovereignty through step-by-step Bitcoin multisig setup

This kind of escrow process pairs well with advanced custody setups like how to create a multisig wallet or integrating the best Bitcoin hardware wallets for cold storage.

Setting Up Your Account

  1. Go to hodlhodl.com and Sign Up using just your email and a strong password.
  1. Navigate to your email and follow the instructions sent to you to confirm your account.
  1. Follow the two-factor authentication instructions on the screen. Use Google Authenticator or another similar 2FA service to scan the QR code and generate a code. (Download the Google Authenticator app here.)
  1. Copy the Backup Recovery Codes, storing them somewhere safe and set your 2FA by entering the code generated on your authenticator app.
  1. Log in to your dashboard, click through to Hodl Hodl where you’ll see tabs for Buy Bitcoin, Sell Bitcoin, Offers, Contracts, and Settings

How to Buy Bitcoin Without ID (Step-by-Step)

1. Search for Offers

  • Go to “Buy BTC”
  • Choose your currency and preferred payment method
    (e.g. U.S dollars + Interac e-Transfer or Tether)
  • Enter an amount or leave it blank to see all listings

2. Evaluate Listings

Each listing shows:

  • Seller’s username
  • Reputation rating and number of trades
  • Price premium (over spot)
  • Min/max trade amount
  • Payment method
  • Seller’s notes

Top tip: Look for Sellers with high ratings and lots of trades, just like checking reviews on eBay or Amazon.

3. Select an Offer and Enter Details

  • Select a seller
  • Enter the amount you want to buy
  • Paste your Bitcoin address from your wallet. This will be the address the Seller will send the Bitcoin to.
    (For how to safely store Bitcoin offline, consider using a wallet with support for Bitcoin cold storage)
  • Note the amount of Bitcoin you’ll receive, as well as the Trading Fee charged by Hodl Hodl and the Transaction Fee for using the base layer network.
  • Confirm the payment method (e.g. Tether, Liquid Bitcoin, Lightning Network). This will be the method you choose to send your fiat in exchange for the Bitcoin.

4. Start the Trade

  • Accept the offer
  • Create a payment password (used later to release escrow)
  • Create a password for the contract and enter your 2FA code, generated on your authenticator app.

5. Wait for Escrow Funding

Note: If you are a new user, some sellers require a small upfront fee (e.g $2) as an anti-spam measure before initiating the contract. You can chat to the Seller in the chat window to the right of the screen.

• The Seller confirms their payment password

• Wait for the seller to send Bitcoin to the multisig escrow address. (See section “How Hodl Hodl Escrow Works” to learn about multisig escrow.)

Don’t send fiat yet. Once the seller has sent the Bitcoin, wait for one on-chain confirmation.

6. Make the Fiat Payment

Once confirmed, the seller’s Payment Details appear. Send fiat using whatever payment method you have chosen and agreed with the seller (e.g. via Liquid Tether or Interac e-Transfer), then click “I've Sent The Payment.”

7. Receive Your Bitcoin

  • The seller confirms receipt and releases funds from escrow.
  • Hodl Hodl will confirm the funds are released
  • Confirm yourself by checking your Bitcoin wallet (such as Sparrow or Aqua) for confirmation of receipt

You now have successfully received Bitcoin directly into your wallet, no ID required.

How to Sell Bitcoin on Hodl Hodl

Selling Bitcoin works the same way, but in reverse.

  1. Select Sell Bitcoin

2. Accept a Buy Offer

(Great for those interested in how to sell Bitcoin peer to peer)

3. Send Bitcoin to Escrow

  • Copy the exact amount of Bitcoin to send and address provided into your Bitcoin
  • Send Bitcoin from your wallet

4. Wait for payment to be confirmed at least once

5. Wait for Fiat Payment

(Don’t release Bitcoin until funds hit your bank account. Make sure to check!)

6. Release Escrow

(Once fiat payment has been made, release funds securely using your payment password and 2FA)

This method is ideal for individuals focused on Bitcoin privacy and even for those interested in Bitcoin custody for small businesses.

Creating Your Own Offer

If you can’t find a suitable listing then you can create your own.

  1. Click “Create Offer”
  1. Enter Offer Details
  • Choose Buy or Sell
  • Select an exchange for price reference (e.g. Binance) and currency
  • Set payment method and fiat range you wish to sell (e.g. $100–$500 EUR)
  • Create your payment instructions
  • Make public or keep it private
  • Create offer

Creating offers supports tools for users who want to store large amounts of Bitcoin safely or avoid Bitcoin scams.

Final Thoughts

Platforms like Hodl Hodl are vital tools in preserving Bitcoin privacy and resisting financial surveillance. With centralized exchanges tightening restrictions, learning how to buy and sell Bitcoin peer-to-peer is a necessary skill for anyone serious about how to self-custody Bitcoin with full privacy.

Hodl Hodl makes it possible to:

  • Buy Bitcoin without KYC
  • Sell Bitcoin privately
  • Transact globally
  • Keep Bitcoin in non-custodial Bitcoin wallets
  • Align with modern Bitcoin security practices

No ID. No middlemen. No compromise.

Learning how to use peer-to-peer platforms like Hodl Hodl alongside how to use alongside how to run a Bitcoin node and how to set up a bitcoin hardware wallet will prove to be invaluable for any bitcoiner looking to maximise the security and privacy benefits available with bitcoin.