Hello everyone,
I made a topic with up-to-date, non-KYC, anonymous options to purchase Bitcoin and other cryptocurrencies. Hopefully this can help a few people purchase crypto with less hassle.

SOTL

Seems I can only buy £100 at a time now on coin base….wtf ! If there is more of a crackdown , whats the alternative…..if we can’t use BTC?…what is LB going to do to deal with these changing times

Try to make a purchase and ur limit willl increase (just don’t fully put the payment threw)

Seems to not be the case anymore. Coin base is working for me for the time being

I use revolut as my only bank account. no need for a physical bank account,because i have a mastercard with them,all my earnings are paid into revolut,and did not need any photo id.I buy my bitcoins from them and then transfer them to my exodus wallet.fees are really low also :)

I have used Revolut for purchasing on here before but now it’s asking for a recipients name? Do I need to get an exodus wallet like you?

Is Exodus an Apple only product? Not seeing it in Play Store.

Possibly just blind

I have ran Exodus on macs and windows

Do I need to send to a wallet with Revolut? I've just opened an acc just to buy btc 🙃. Can I send straight to vendor?

I’ve done same w/ Coinbase - bought bc & sent straight to vendor. I do have a Coinomi wallet but haven’t used in ages. Only concern is I haven’t submitted a wallet address in case of dispute/refund. Don’t know where to do that, I’m little new to LB/Transaxe & unfamiliar w/ the proper process. Any advice from others would be appreciated

never send straight to vendor, get a bitcoin wallet

Why? Does anyone official actually care about 2dbp? Unless it large selling qualities

yeah your bank!

Why should I not send straight to the vendor

I have a wallet with coinbase can I us this to send bitcoin to vendors on lb

I use coinbase with no issues whatsoever

Yes I normally use coinbase to send to sellers

I use it ... it works but transactions are traceable back to me ... so not anonymous.

Anything other than blockchain, right bunch of pisstakers they are

They've stopped allowing BTC purchases from the UK

Does anyone use Paxful? theres sellers who want paypal as payment method and i'm wondering if its legit? the exchange rate is 99% on some offers that would save me a lot of money as i have no ID and being using coincoupon at £15 fees for each buy!

Yeah paxful is good to buy from just buy from sellers with lots of good reviews as some want more money than you sent nd agreed upon but it is overall good

It's a danger zone for sure but a very strong rep helps, take it slow

Holy cow - bitcoin is effing complicated. It's not just setting it up, it's all the fees that get added here and there. Wallet, exchange, verification - and then when you take the leap you discover a UK credit card purchase gets you a 24 hour cooling off. WTAF?
I guess it's just the first transaction but even so.
There should be a really simple guide here, step by step and list a few wallets and a few exchanges. So many searches to figure it out and going round in circles.
I was gonna recommend the thing to my mates but they won't have the patience.
Yeah sitting out my 24 hours now.

well I did it - all through Exodus, dunno if rates good or not but whatevs. Avoid Paybis, bank accepted it but Paybis rejected every time

Btw. Ive been using the plain blockchain wallet for two years without any issues. Least hassle wallet Ive seen! And since I wont upgrade my OS on my mac its one of the few I can actually use. Just sayin, cause Ive seen how it is hated upon on the net. Guess its the competition that spread this lie.

When I try pay from my wallet its asking for a fee ,not letting me .tried all options. Any help appreciated

How much do you have in your wallet?….if it’s less than the total with fees it could throw up an error🤔

I didn't have enough in the wallet. Sorted it .thanks

Cool😎….hope you enjoy your order👍

Which bitcoin site to use

Exchanges still cant beat the price of btc I get on localbitcoinsdotcom. The only hassle is I need to order btc and go to my local national financial agency and pay a money transfer slip with cash. Thats not a prob tho, cause the teller is a very nice looking woman :P And btc is in my wallet in 3-6 hours after I pay.

Can I ask, does 'local national financial agency' roughly translate to the Union in the West or something similar?

It will depend on which country you are in. Look for the bank that is managing the most business in your region...

Seen this on one of the other platforms not sure if 100% correct but I would be wary of coinbase they are very intrusive closed my account a few months ago. They give details to HRMC depending on whether you’ve spent over the threshold limit.

Bustards charged me 35 dollars fee for sending. Was under pressure so had to accept. Good shout though

Closed my account last week too.

What do you use now? Cos this is ruining it for me right jow

Allrite I use bitpanda now so far so good no problems.

Does anyone use the app Bitcoin.com ?

Can someone help me. I’m struggling like mad, iv had my ID rejected at two different exchanges now. All I’m trying to do is order

I have the exact same problem, I open an account and send ID for verification but after days of waiting I get rejected. Really need to buy of LB but can not get around the BTC issue

Finally just got message from.coinbase that I am now verified, will try first top up in morning as I think fees should be less. Then Will make my first purchase of a Oz of hash from lb

Just gone to pay for an order and Bittylicious will only let me buy a MINIMUM of £100 worth of BTC. Anyone else experiencing this? I'm fully registered and have purchased before!

Yes it’s for everyone, it’s because Bitcoin fees are through the roof at the mo and they are trying to negate the effects. They peaked Tues and seem to be dropping but not yet close to what everyone is used to - I expect it will be several days at least until they remove the restrictions

Can you use binance to pay sellers?

You can, however the network fee for BTC is currently £21.... 😔

Given BTC has gone stratospheric then how might this woman go about buying goodies for Xmas?

Ok so I want to buy Bitcoin I’m in the uk cex.io seems to say I still can and there’s money in my wallet but it won’t allow me to make payment with any method… is this because I’m in the uk? And is Paybis going to be any better if I open an account and does anyone have any idea if I can move what I have in the vex account over? Sorry but doing it the first time was hard and now I just don’t really understand the problem!

Hi clifton

I've repeatedly tried to warn biggas about this without being too explicit (not mentionning some Gov related keywords).

The way I've dealt wiht it is that I closed my Revolut account at the end of 2024 and am siting tight and watching what will happen next.

Some biggas could be in for mighty fines and big trouble.

Cheers

small time weed buyers using crypto will not be fined. The fines mentioned in the article are for the companies themselves. The regulations may make buying more problematic from Jan 2026 onwards. Peoples accounts may be restricted or suspended, but there will be no financial or legal difficulties for past buying behaviour.

I totally agree with this. We keep getting our knickers in a twist but there is no offence of buying weed online -offences cover possession and supply not crypto purchases for personal use. Sure companies can ask for more information about your transaction but I do not think they’re going to be able to check that information. My bank contacted me several times wanting to know about my small purchases of crypto. The first time I told them I was building a crypto portfolio. The second time I said I was buying medicinal cannabis. They said that’s okay we just need to make sure you are not being coerced or scammed. I really wonder whether anybody gives a shit about personal use by post.

I bloody hope so, Pol!

Doesn’t the ‘building a portfolio’ reason not just mean they have already ticked the box on you for potential capital gains tax. Can’t even spend the money we earned that is already taxed without it being taxed again….wonder what LB can do to adapt for this because it could kill the business on here. It might be scaremongering but either way I don’t likely…

Hi Cheeching

That's exactly what my finance officer told me at work: the bastards tax you twice.

She invests in crypto but for long term gains only.

Hi Polly

Your bank is not the problem the problem is going to be Exchanges reporting all your crypto transactions to the Taxman:

Quoting (but you'll find more if you do your own research):
https://x.com/UKCBT_org/status/1924473318297764236
#################################
From 1 Jan 2026, UK-based cryptoasset service providers must collect and report user data to HMRC, under the Crypto-Asset Reporting Framework (CARF), aligning with OECD standards.

🔍 Who’s affected?
Any platform that facilitates crypto transactions : exchanges, brokers, dealers.

📊 What data is required?
• Individuals: name, DOB, address, tax ID
• Entities: legal details + controlling persons
• Transactions: type, units, value
📅 First report due: 31 May 2027 (for 2026 activity)
✅ Systems must be CARF-ready by 31 Dec 2025
💥 Penalties: Up to £300 per user for non-compliance. Senior management may be held liable.
#################################

I'm not 100% certain of what will happen but I can tell you I'm already being burned by mandatory reporting of online selling platforms to the Taxman. They use AI to sift through the data and spot suspicious transactions.

Right now my approach is lto lay low and investigating P2P / non-KYC.

Better safe than sorry!

Sorry mate, but am I missing a point here? Surely you are only liable for tax on your crypto earnings. What’s that gotto do with buying weed? Personally I don’t stake any crypto. I literally just load up my wallet when I want to buy so where is the problem?

You are, Pol. They consider potential profit at the time of disposal of the crypto (in this case, by buying weed) for the purposes of Capital Gains. The threshold for that is £1k, I believe, so I can't see that I'd need to declare, as I rarely hold it for long, and often also make losses which would offset the gains. Hopefully they either don't notice, or agree if they do...

Again though that’s just paying tax on gains. So what?

So if it's less than £1000 in gains (not in purchases), and you have no other things to consider for the calculation, then it's fine...right...? They can talk to my accountant, again...

Hi MightyRux

Technically if you make less than 3K£ of Capital Gains in 25/26 you should not pay CGT.

The problem is that they expect you to keep the following records in case they carry a compliance check:

You must keep separate records for each transaction, including:

type of tokens
date you disposed of them
number of tokens you’ve disposed of
number of tokens you have left
value of the tokens in pound sterling
bank statements
a record of the pooled costs before and after you disposed of them

You may also want to keep other records such as wallet addresses.

HMRC might ask to see your records if they carry out a compliance check.

Some cryptoasset exchanges can provide reports of your transactions. These reports can be essential for working out how much tax you owe. However, these reports are not tax calculations and will not keep track of your pooled costs.

Yeah, they can fuck right off with that. I can barely keep track of legitimate records, let alone crypto weed purchase ones.

Hi Polly

MightyRux has it right in his post below.

CGT allowance is 3000£ for 25/26.

You are expected to track and report every transaction where you dispose of crypto to purchase services and goods even if it's a loss.

From the horse's mouth:
Individuals need to calculate their gain or loss when they dispose of their tokens to find out whether they need to pay Capital Gains Tax. A ‘disposal’ is a broad concept and includes:

selling tokens for money
exchanging tokens for a different type of token
using tokens to pay for goods or services
giving away tokens to another person (unless it’s a gift to their spouse or civil partner)

I am like you I never hold onto crypto but if I do not report those disposals and they start mining the data sent to them by the UK KYC Exchanges they will come for me with big trouble.

You might think that they won't have the staff and resources but the bastards now use AI to mine the data, I even found an FOI from late 24 where someone was asking them to divulgate the AI algorithmn which they use and they blocked it.

Hey Dukey,
I'm not trying to be difficult but we seem to be going around in circles here. My point is about biggas being at risk because they are buying drugs using crypto. I'm saying there is no risk in that respect. I totally get it that CGT is payable on crypto earnings and that Ruxxy for example stakes crypto as well as doing vast numbers of sizeable transactions (lucky sod!). In my case I could look at my exchange record, see maybe 100 transactions with a total value of c.£5k but it also shows the rate the crypto was bought at and transferred and its virtually the same because I am only buying to spend. There is no gain or loss. That information is sitting there for anyone who wants to see it and why should I care? Even if they hold me down and beat me until I tell them about all my tiny weed purchases online I still haven't done anything wrong.

I'm looking at it from the drugs angle mate not a tax issue. Where its a much bigger issue is secondary wholesalers and vendors but I'm guessing they have their methods as do many in Crypto Land...

Stakes it?! I'm the barometer of when not to buy or hold it mate! Genuinely. If you want to know when to buy it's probably when I have to sell (to get weed), and I lose money. That's what annoys me most about all this nonsense. Oh, and they don't take into account any fees you had to pay, they just want their cut. It's all hypothetical until it's cashed out, surely...? Entry and exit of the system are the risk points.

I definitely take your point about large buys though as it's at least £1k/month (well, just under, as then there's no trigger of anything to look into) that I'm getting and not holding for long. There's always some residual amount in the wallet though.

It'll be fine always been a cat and mouse game.. I've just been putting sending to myself so good luck to them 😂

Yeah how are they going to track all this. Doesn’t it mean it’s going to be worse for the vendors who are raking it in….i send to myself but then from exodus wallet purchase, does that not then look like I am accumulating crypto…

Vendors will have their coin sent to non-KYC wallets, and do magical mixing things and transfers before exiting the system (the risk point). Or, they could cycle it back into products and all still be anonymous? Definitely not a risk from this in that scenario, surely?

So thinking about stuff like this ages ago I made an Exodus wallet just to receive my referral payments from here (as obviously I wouldn't want that associated with a non-KYC wallet), and all I ever do with that is buy things from here. Closed system and no association with anything else, or any ID.

The article mentions that these crypto banks should start collating the data now in readiness…whether they will or won’t is anyone’s guess but I would venture they will start soon so they have their houses in order go for Jan 2026. Is it time to call it a day I wonder or how would one work around this

Should we be optimistic thats it’s only from 2026?

We could be, but it’s financial services, and those guys don’t mess about when it comes to keeping their house in order. Perhaps it’s time to lay low and see where the dust settles. I just hope LB comes up with some alternative ways for users to purchase now that doesn’t drag us all down via the taxman

So what can vendors do to keep biggy alive I want to stay but I’m not as in the know as much as I would want to be could someone help a bigga out

Not a vendor, just super cautious, but the main thing I feel as an initial step would be only having payouts from here sent to a non-KYC wallet like Exodus. You'd need to chat to vendors about mixing and sending to other wallets and how to exit the system

This is a much more serious issue than is being talked about on here. Most folk seem quite blasé about it but having experienced an audit first-hand they dont play around. LB`s reliance on a single form of Crypto has always been a bit of an issue but from next year (probably later this year tbh) it's going to become a very serious problem I suspect. I love this place & want to see it continue & grow but if it just stays as-is in the face of the new regs I`m not sure how it survives.

Anyone who has not actually looked at the reporting requirements should have a proper look at them. It's bad enough as a customer, as a vendor I would be very nervous I think.

Is it a solvable problem? Yes of course it is, all problems are but given we have be clamouring for alternative payment options for literally years at this point & we are still stuck on BTC only I`m not sure it will get solved.

Governments were never going to tolerate the "Wild West" approach of Crypto for very long, they like control too much.I am reluctantly looking into other options as I dont need the stress of every transaction potentially triggering an investigation. What would you realistically tell them anyway?

I’m surprised that a site like LB hasn’t embraced XMR/Monero. The last time I checked it was one of the few untraceable crypto’s. Easily exchangeable for other digital currencies. It would seem ideal for LB purposes.
That all said & done I don’t know how this tightening of rules & regulations is going to effect a currency like Monero.

Oh ffs, so what is going to be the best way around this now. Should I be closing my CB account, and just give up on LB. Surely this is going to kill the site and its users unless a new approach is found

Just closed my Revolut acc which I never used anyway…everything I do is on CB, but I then use exodus wallet

Hi Cheeching

That's what I've done too.

Looking at P2P and non-KYC.

Some places in Europe still have crypto ATMs but this a an OECD initiative supposedly to fight money-laundering and such things.

Just new regulations they have to follow, it's happening with all btc providers. There not going to be checking and reviewing every individual btc purchase. Have you definitely been blocked from buying btc

I have the bitcoin already in my account, I followed one of the other posts on here about sending bitcoin (Selected "Private Wallet" for wallet owner and put a random name as the name and copied in the wallet address given.

I use bittylicious. I can’t remember if they wanted ID or not to set the account up, it was years ago.

But you can purchase by BACS transfer to circumvent any restrictions your bank may have. Really quick and easy.

I don’t even have a wallet. I just transfer the exact amount directly into the vendors wallet through Bittylicious.

Even if they want ID, what’s the issue? Buying a bit of smoke or some shrooms on LB is hardly going to get you in any trouble, even if they ever managed to track you down.

Same thoughts here, just stick your id in, do watch your spending on Revolut as there strict with watching accounts

Depends who you are..

Hey mate.

Try Hodl Hodl or local bitcoin there's no KYC on these. They're P2P platforms. The transaction fees will be higher though without showing ID!

Hope this helps, ULC

Thanks proper flapping here as just found out my bank doesn't allow purchase of crypto either so even if I do swallow it and use id I'm buggered. All I want is to order 😩 😫 😪 tin is empty lol

Just set up a monzo or revolut. Use that as a bridge between your high street bank and an exchange

Damn, which bank is that…

Skrill.
Need ID tho, but hey ho you've already gave then your back details ;)

It's simple after I'd verified.
Bank to skrill to vendor.

My bank also prohibitis buying crypto, skrill by passes this feature.

The new skrill is better, until last year i order for my to bypass the banks prohibition I had to use skrill, then coinmama, then bitwallet to pay the vendor.

but as said ID I needed, bit the bullet it's worth it :)

Cheers dude. I managed to find a fairly easy way. I signed up for a revolut bank account. They let you buy crypto. Minimal fucking about especially for a technophobe like me

Personally I'd recommend everybody gets a Crypto Bank account. Never any issues with transferring Fiat in both directions and exchanging for BTC is a doddle.

Plus you can use the Visa card just like you can with your high street bank card.

There are a few options but cryptopay I think is the best. Link above. Piece of piss to setup.

Cheers BB

That revolut acc has crypto option 😍

Oh I see you'd already done that hahaha

Revolut requires ID though no?

Yes

How much do revelute charge to buy crypto say 100£s worth?

I use Blockchain. Was simple and fees are low. I did use Paxful but it was hell on earth.

i think revolut require a selfie but not ID, great app to use as its basically just a bank account

So simple to use to buy crypto. Opened the acc thurs got cad today pretty fast that tbf

Required ID when I signed up…

Without id fees are terrible, i've used this place a few times.

I use local bitcoins and some vendors on there don’t require ID. Happily use them a fair few times.

Cheers will look at this. Like just said above just found out that neither of my banks allow purchase of crypto 🙄 😒 this noob has steam coming out his ears 👂 🙄 😳

I'm with Lloyds Bank and can still buy Crypto.

As an update, still no problems on blockchain with Lloyds Bank.

I'm sure it was a fairly simple transaction when I bought my Bitcoin. I used Coinbase and my bank didn't give me any grief.

I use exodus but Nat West Bank won’t let me buy bit coin I use a CC to buy it

Did you get sorted?

any chance you have a bitcoin atm in your area? its a quick and easy way of buying btc with cash, and its anonymous(no id required). you only need a wallet obviously, i myself use electrum and im pretty satisfied. the fees on the btc atm i use are quite high(5eu usually), but its worth it. less traces left behind

apart from build - in camera and ID recognise systems, automatically connecting your face to wallet you choose - there is a Big Bro anywhere, Mate

For me that's a far more viable option, as I can't even use my credit card to buy crypto cus any transactions are blocked by my bank. If covids around I guess you could mask yourself up if too paranoid haha. There's always some risk involved, at the end it's about the lesser evil man

Paybis, Changely,send Bitcoin direct to the vendor charges do apply but no id verification.Good luck bro

never send bitcoin directly to a vendor bro, send to a free wallet first

Do you know of any free full custodial wallets please bro?

i use exodus wallet, its free, never had a issue and you can also set your own transaction fees

I send GBP from Revolut to coinbase rather than the BTC.
Given the exchange fees are cheaper on coinbase (they are sky high on Revolut btw) this method makes more sense, and Revolut do not scrutinise the transfer of fiat like they do crypto.
Made this mistake first time and had questions about transaxe wallet.
When I got it back, I did as above and have made probably 10 transactions this way with zero issues.
Recommend.

I used my revolut account to pay by btc to LB twice in a month and now I've been sent email from revolut stating my account has been restricted until they investigate some transactions.

What do I say I they question the transactions to get account back to normal?

And next time what is the best way to buy from LB? I have coinbase account too.

Thank you. Am quite new to btc etc so a simply way would be great.

I had the same thing. I simply responded that I had sent the coins to escrow for exchange which was not a lie.
I figured I could not deal with a 10 day account restriction every time whilst revolut questioned who I was sending to.
If you look on your coinbase app you will actually find that your account has a sort code and account number that you can deposit fiat currency into. You can do this as normal on your banking app as though you were paying a bill. You need your unique payment reference number as well which starts with CB.
This way you get better fees and do not get anybody asking questions when you move your crypto.
If you buy usdc on coinbase it is free too and you get free trades which you can use to convert to btc to save you the cb crypto purchase fee.
Hope this helps. Drop us a line if you struggle with any part of this.

Yeah same here and now that wallets blocked. They closed my account for 3-4 days and was very unhelpful in getting it fixed

Update..... they've unrestricted my acc but my 2 crypto wallets are still blocked. Exodus wallet is now being used.... 3rd time lucky 🤞

I'm fuming! They have restricted my acc and as you said they are less than helpful. That was the last of my money so can't even try a different route. Looks like I'm screwed then lol

Seen a few people complaining about this from Revolut now. Wirex is a great new platform I’ve heard good things about it. It’s becoming harder and harder to secure a decent crypto wallet. Most have issues now 😞

Fortunately it only took me 18hrs of constant mithering 🤣
I've seen people saying its taken days or weeks

That's rapid.