<p>If bitcoin is converted to fiat money on an exchange, the exchange has irrefutable knowledge of your identity because they require the account name and bank account name to match.</p>
<p>The only way to anonymize a withdrawal of bitcoin-converted fiat would be to first transfer a <strong>non-exchange bitcoin wallet</strong> to the <strong>exchange-based bitcoin wallet</strong> using a bitcoin tumbler or mixer so that it looks clean. It would longer matter whether account names match to the withdrawer because the exchange, at least, would no longer know the real source of the funds. However, the fiat is still associated with your name. So the tumbler approach is not really anonymization, but merely anonymization of the <em>source</em>.</p>
<p>How else can bitcoin-sourced fiat be withdrawn anonymously?</p>

CC BY-SA 4.0
2021-01-28T18:56:41.933Z
You find someone who wants to buy your bitcoin in person for cash lol.
ieatpizza
CC BY-SA 4.0
2021-01-31T17:52:12.473Z
I got what I need from the answer and comments below: Bisq, Hodlhodl, Paxful are non-KYC, decentralized peer-to-peer bitcoin-to-fiat exchanges
user610620
<exchanges><privacy><withdrawal><mixing><fiat>
How to cash out a Bitcoin wallet into fiat anonymously?
user610620
# How to cash out a Bitcoin wallet into fiat anonymously?

(Asked by: username_0 on 2021-01-28)

If bitcoin is converted to fiat money on an exchange, the exchange has irrefutable knowledge of your identity because they require the account name and bank account name to match.

The only way to anonymize a withdrawal of bitcoin-converted fiat would be to first transfer a **non-exchange bitcoin wallet** to the **exchange-based bitcoin wallet** using a bitcoin tumbler or mixer so that it looks clean. It would longer matter whether account names match to the withdrawer because the exchange, at least, would no longer know the real source of the funds. However, the fiat is still associated with your name. So the tumbler approach is not really anonymization, but merely anonymization of the *source*.

How else can bitcoin-sourced fiat be withdrawn anonymously?

**Tags:** exchanges, privacy, withdrawal, mixing, fiat

> **Comments:**
> **username_1**: You find someone who wants to buy your bitcoin in person for cash lol.  
> **username_0**: I got what I need from the answer and comments below: Bisq, Hodlhodl, Paxful are non-KYC, decentralized peer-to-peer bitcoin-to-fiat exchanges  

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## 0 answers

