Moving Money With Crypto
There are many justified reasons to move money across bordersβwar, political persecution, currency collapse, or personal security. Bitcoin is a powerful tool for preserving wealth in these scenarios.
One woman fleeing a warzone transferred her savings into Bitcoin. When she reached safety, her money had traveled with herβuntouched, untraceable, and instantly usable. She could buy food and shelter when banks and borders failed her.
But not all stories end well. Every day, people are robbed of their money in transit or have their accounts frozen upon arrival. We hear stories like these everyday and we also hear stories everyday of not only people being stopped and their money stolen from them both in the country they are fleeing and in the countries thy are arriving to by the government or cross-border security. So it is absolutely justified that people want to move their property without theft.
If you are not being paid in crypto, this guide is for those who need to move and preserve wealth without state interference or theft.
π Tip 1: Bitcoin is the best choice.
π Step 1: Understand and Secure Your Wallet
Your Bitcoin wallet is your bank. Losing access means losing your funds.
Choose a non-custodial wallet. This means only you control the keys.
β Mobile: Samourai Wallet (for Android), Phoenix Wallet
β Desktop: Sparrow Wallet
Write down your recovery phrase (12β24 words) on paper, never online.
Keep multiple backups in different safe locations.
Do not share your wallet seed with anyone, and never store it in the cloud.
π βNot your keys, not your coins.β
πͺ Step 2: Safely Buy Bitcoin (KYC-Free)
Buying Bitcoin without revealing your identity is essential for privacy and security. Here are trusted, non-KYC options that do not report to governments:
π°οΈ Decentralized P2P Platforms
Platform KYC-Free Custody Tor Support Notes
π RoboSats β No β Lightning-based, simple, good for small trades
π Bisq β No β Multisig escrow, ideal for larger trades
π Hodl Hodl β No β No custody, good variety of payment methods
π Tip: Always trade in small amounts (e.g., $50β$500). This reduces risk and avoids triggering unwanted attention from financial institutions.
Or use an exchange that will not report transactions to government. Many exchanges operate offshore and are out of the juristiction of government reporting or operate in the juristiction that does not require reporting. One place to investigate, "no affilications" is the RoboSats service and another is your favorite exchange that is based in tax free havens such as Bianance global and not Binance.us.
π Tip: You may also require to setup a tor browser.
π Step 3: Use Tor or VPN (probably skip this for the moment)
To maintain privacy, you should access P2P platforms through Tor or a trusted VPN:
Download Tor Browser
Use .onion versions of sites when possible (e.g., RoboSats)
Never use your real email, phone number, or IP address with these services.
π Step 4: Moving Across Borders Safely
Your Bitcoin is stored in your wallet, not in a bank.
There is no need to carry physical money, USB sticks, or hardware devices (if you memorized your seed phrase).
If needed, memorize your recovery phrase (called a βbrain walletβ) and retrieve your funds later.
Carry the info on a USB stick and encrypt the file.
β οΈ Crossing borders with large amounts of cash, gold, or bank cards can get you detained or robbed. A Bitcoin seed phrase is invisible.
π΅ Step 5: Cashing Out Bitcoin Privately (Back to Fiat)
Once you're safe, you may want to convert BTC to local currency for housing, food, etc.
π§ Use Bitcoin ATMs
Visit: https://coinatmradar.com
β Check the βSellβ box to find ATMs that give cash for BTC.
Look for ATMs that donβt require ID (many have limits below $900/day).
Fees can be high (5β20%), but it's a quick, local cash option.
π Caution: Avoid These Pitfalls
β Do not use Coinbase, Binance US, Kraken, or any major regulated exchange if you're seeking privacy. They require full KYC and report to tax agencies.
β Avoid online forums with no escrow or reputation system.
β Never store your recovery phrase in your email or on Google Drive.
π Resources (Safe, Non-KYC)
π οΈ RoboSats: https://learn.robosats.org/
π οΈ Bisq: https://bisq.network/
π οΈ Coin ATM Radar: https://coinatmradar.com/countries/
π οΈ Samourai Wallet: https://samouraiwallet.com/
π οΈ Sparrow Wallet: https://sparrowwallet.com/