Today we want to show you how to use the Valhalla Market, also known as Silkkitie. It is one of the oldest markets on the deepweb and has been active since 2013 . Valhalla supports multisig payments, escrow and Finalize Early. Although multisignature payments are supported, the funds in your balance are still held by the market , therefore exit scams are still possible (although unlikely given the long standing reputation of the market). To enforce security on for both buyers and sellers, PGP encryption and 2-factor authentication are mandatory.
Part 1 – Protect your privacy
Then follow us on Google News!
Step 1: In order to access the Valhalla Market, you’ll need is the Tor Browser which conceals your location by redirecting Internet traffic through a network of nodes. Click here to go to the Tor Browser download page and download the version that best suits your O.S
Step 2: Although the Tor Browser conceal your location and usage from anyone conducting network surveillance or traffic analysis, your Internet Service Provider will be aware that you’re using the Tor. ensure maximum security, use a VPN. This will ensure that your ISP will not be monitoring your browsing activity. You can find a list of VPN providers here. There are a lot of free VPNs, but remember that they are probably worth what you pay for them: Nothing. So due your research and choose a VPN that is good and cost-efficient.
“When using a VPN Service it will hide your identity and location while also encrypting all of you internet traffic from everyone including your internet service provider. This technology will also protect you from identity theft and hacking when using free wifi because everything is encrypted.”
Step 3: In order to buy or sell items on the Valhalla Market you’ll need to use PGP encryption. This ensures that in case the market is shut down by LE, your conversations will not be read and your address will not be revealed. Furthermore, PGP will also be used to activate 2-FA security. One thought to keep in mind is that not all versions of GPG are created equally, so avoid using online GPG methods such as iGolder and those utilizing BouncyCastle libraries.
Part 2 – Create and fund a Bitcoin wallet
When sending funds to the market, it’s advisable that you do so from a personal wallet and not an exchange. This ensures that your identity is not linked to the transaction and that you retain control of your funds.
Step 1: Click here to download the Electrum wallet. Download the version that best fits your O.S
Step 2: Install the setup and create a new Standard wallet.
Step 3: Go to “Addresses” and use one of the addresses there to receive your Bitcoin with. It’s advisable that you use one address per transaction.
Now that you have created a Bitcoin wallet, you can fund it. Bitcoin can be acquired on na exchange like Kraken or Bitstamp, but these require you to reveal your identity to a third party. You can also buy Bitcoins with cash or cash by mail using LocalBitcoins or Paxful. This ensures a higher degree of privacy.
Click here to learn how to use LocalBitcoins.
It is also advisable that you use a Mixer when funding your account. Bitcoin Blender (onion address) has been around for quite some time and it is one of the most used mixers. Now that your wallet is funded it’s time to create an account on the market.
Part 3 – Create an account with Valhalla
Step 1: Click here to get the sign up link to Valhalla Market. Make sure to use a username and password you don’t use anywhere else (including other markets) to ensure that it can never be traced back to you.
Step 2: Enter your personal information, answer the security question and click “Regsiter”.
You will be logged in automatically
Part 4 – Configure your Valhalla account
Step 1: In order to ensure your security, you’ll need to configure your account. Click “Account”
Step 2: Then click “Settings”
You are now logged into your new Hansa Market account, now it’s time to configure it.
Step 3: Enter your PGP Public key
Step 4: Choose your Language
Step 5: Choose your preferred Currency (we’ll choose USD)
Step 6: Now click “save”
Step 7: Now that your PGP keys are saved, you’ll be able to activate 2-fa. Click the Two-factor authentication box (1) and then hit “Save” (2) again. This will ensure your account will be protected by your PGP key along with your account password.
Part 6: Funding your account
Step 1: Go to “Wallet”
Step 2: You will be shown a wallet address. Send your funds to the wallet address displayed
Your balance will appear, first as unconfirmed and then as balance available
Part 5: Searching for an item
Now that you have secured and funded your account, it’s time to search for and buy an item from a trustworthy vendor.
Step 1: Go to “All Products”
Once there, you can search for items using the Search tool (1) or by browsing the categories (2). You can also browse through Domestic or International listings or through individual countries.
Step 2: When you use the search tool, you can narrow down your search by choosing the categories. In this case, we want to read a book on LSD, so we clicked Digital Items
Step 3: Then, we searched searched for “LSD” to narrow down our search
You can also use filters to narrow your search down even more. You can filter by “Recommended/Most Popular/Newly Listed/Lowest Price”
You can filter by “Escrow/Multisig/Finalize Early (FE)”
And lastly by “Top vendors only/All vendors”
Step 4: Now that you’ve chosen your item, click the on it. We’ve chosen “LSD mein Sorgenkind Hofmann Almost free”
Now that you’ve chosen your item, it’s time to vet both it and the account selling it to ensure that you will receive the best possible product for the lowest or at least a reasonable price.
Part 6: Check your vendor’s feedback
Once you’ve chosen an item, you’ll want to check the seller’s reputation by clicking his profile and checking the number of positive feedbacks, number of orders and Feedback history.
You’ll want to note the amount of positive and negative feedback on the account. You’re also looking for an active seller, so you’ll need to keep an eye on how long he has signed onto the account. Lastly, you should also pay attention to the country where he ships from (if disclosed), as some countries present a higher risk factor than others.
Part 7: Make a purchase
Step 1: We have deemed this user as worthy of our purchase due to his positive feedback, time as vendor, and feedback history on other markets. We’ll go back to the item and click “Buy”
If you’re buying a physical item, you’ll need to choose the shipping method before hitting “Buy”
Step 2: Now enter your address (if you’re buying a physical item), then click “Confirm”
Your purchase will be initiated and the funds will be moved to escrow. You can see the item in “My purchases”
When you receive your item, you can release the escrow by entering your password (1) and clicking “Release escrow”
If you want to generate a keypair for a multisig payment or have any other questions, you can check out the Valhalla support page here.
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise