No, Bitcoin is not completely anonymous. While Bitcoin transactions do not reveal the identity of the person making the transaction, they are recorded on a public ledger called the blockchain, which allows anyone to trace the history of a specific Bitcoin address. Additionally, if a person’s real-world identity is linked to their Bitcoin address, their transactions can easily be traced back to them. To enhance privacy, some users employ techniques like using multiple addresses and coin-mixing services. Buy bitcoin online Price volatility. While Bitcoin's value has risen dramatically over the years, buyers' fortunes have varied widely depending on the timing of their investment. Those who bought in 2017 when Bitcoin’s price was racing toward $20,000, for example, had to wait until December 2020 to recover their losses. More recently, Bitcoin’s price began 2022 slightly over $47,000 per coin. After a tough year for cryptocurrency in general, Bitcoin has slumped to its current price of just under $17,000.

Before purchasing Bitcoin, you must first verify your account. In order to comply with regulation (and offer enhanced account security), you are required to submit a national ID or passport in order to authenticate your identity. Features available in Mexico You can buy all of the top cryptocurrencies with BitPay. Currently we support Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), Litecoin (LTC), Dai (DAI), Binance USD (BUSD), USD Coin (USDC), Wrapped Bitcoin (WBTC), Pax Dollar (USDP) and Gemini Dollar (GUSD). We are constantly evaluating and adding new coins.