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How to Send Money Anonymously

Due to the high privacy levels and security, personally, I favor Cryptocurrency plus a VPN when sending money anonymously. I will show you how to do it and why the VPN is needed.

Despite the check and balances implemented by financial regulators, many loopholes still allow you to send money anonymously. Naturally, living in this year and date, we discard the manual options and consider digital. 

While most techniques are generally safe, you should be aware that there are various levels of anonymity. Because of that, I’ll show you how to send money anonymously by using some form of cryptocurrency – plus a Virtual Private Network (VPN).

1. Register for a VPN

Before doing anything, the first step to take is to sign up for a VPN service. These allow you to connect to secure servers that help protect your data and mask identifying information. VPNs aren’t expensive, often costing just a few dollars a month.

VPNs for Privacy Protection

VPN ProvidersHighlights
SurfShark
NordVPN
  • Support Onion over VPN
  • Great for Torrenting
  • Fastest connections with NordLynx
  • Panama-based, no data retention
  • Get NordVPN at $4.89/month
ExpressVPN
  • Best-in-class encryption
  • Private DNS on every server
  • Network lock kill switch & Split tunneling
  • BVI-based; strict no log policy
  • Get ExpressVPN at $6.67/month

I recommend considering Surfshark since it offers fantastic value and keeps up with major brand names in the industry. 

Also, check out our best VPN picks for different usages.

2. Download and Install the VPN App

Once you’ve signed up for your account, download the VPN app for the device you’ll be using. Surfshark supports multiple platforms, including PC, Mac, and various smart devices like your mobile phone. Run the installation app and follow the on-screen instruction to get it on your device.

3. Connect to a VPN Server

Launch the VPN application and sign in using the credential you provide during the registration for the service. Scroll down the list of available server locations and select the one to connect. In general, the closer a server is to your location, the better the performance.

4. Sign up for a Crypto Wallet

Luno is easy to use and offers excellent localization in payment methods.

Now that your connection is secure and masked, it’s time to sign up for a crypto wallet. These are digital wallets explicitly designed to hold cryptocurrency. Many brands are available, but there are two major distinguishing factors to note.

The first is that not all wallets support the same cryptocurrencies. There are thousands of cryptocurrencies available, so make sure the wallet you choose will support your preferred crypto. Popular options include Bitcoin, Etherum, and Litecoin.

Aside from that, not all wallets are exchange-integrated. Exchanges are where you’ll need to trade fiat currency (such as US dollars) into the various crypto. For convenience, you might like to find a wallet that supports native crypto exchange.

Some examples of these include Luno, Coinomi, and Freewallet. Most crypto wallets are free to use, but you should familiarise yourself with associated fees related to crypto exchanges and transfers.

If you choose a crypto wallet that doesn’t include exchange services, you’ll need to sign up for a separate account on a crypto exchange.

5. Making a Crypto Purchase

Once you have your wallet, it’s time to make a purchase. While crypto is exceptionally safe to transfer, you should note that prices are pretty volatile. To avoid a potential loss, try to make your purchase and send the crypto out as soon as possible.

The typical process for purchasing crypto is by selecting the crypto you want. The Exchange will then quote a price based on current rates. To complete the purchase, you’ll need a payment method. 

Payment methods accepted will vary by the Exchange, but credit cards are generally accepted.

6. Send the Crypto

Sending crypto is anonymous since all you need is a payment link from the receiver. You don’t need to provide any of your details like name, address, and the like. This lack of required information is how you send money anonymously.

Why the VPN is Needed

Digital life is convenient, but every connection we make can reveal lots of information. For example, by loading a website, the website will see where we’re connecting from, what device we use, the operating system and browser, and lots more.

VPNs act as a middleman of sorts. When you connect to a VPN server, any connection request you make goes through that server. As such, the websites we connect to will only see the VPN server details – not ours.

In addition, VPNs encrypt all data, making it useless even if the information we’re sending gets somehow intercepted midway.

Other ways to Send Money Anonymously

While I favor the use of cryptocurrency due to high privacy levels and security, other options exist. Some alternative methods to send money anonymously include;

  • Disposable prepaid cards
  • Gift cards
  • Cash via a service like MoneyGram

Be extremely cautious when using non-bank money transfer services like MoneyGram. Many of them are now highly regulated and require lots of verification and personal information. Plus, most of those will also provide recipients with your information.

Final Thoughts

Sending money anonymously involves a few additional steps and perhaps some technology with which we may not be accustomed. However, these technologies, such as the VPN and crypto wallet, are pretty simple to understand.

Remember, the key to a successful transaction isn’t just anonymity. Also vital is the security aspect of the process involved. And there are few more secure than crypto.

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