Bitcoin Forum

Other => Beginners & Help => Topic started by: anticonformist on October 19, 2017, 01:51:31 PM



Title: can you buy bitcoin from any exchange?
Post by: anticonformist on October 19, 2017, 01:51:31 PM
So if you have an Australian bank account does that mean you can only buy bitcoin on an Australian exchange like; https://www.btcmarkets.net/ (https://www.btcmarkets.net/) or https://www.coinjar.com.au/ (https://www.coinjar.com.au/)

What if i want to open an account on coinbase, kraken or something can i only do that if im from the US and have all the required docs, ID, proof of address etc, or will they accept docs from any country?

These are 3 Australian exchanges i know of, any recommendations for me who is just starting bitcoin now... as the ship sails away and i swim after it..
https://bitcoin.com.au/ (https://bitcoin.com.au/)
https://www.coinjar.com.au/ (https://www.coinjar.com.au/)
https://www.btcmarkets.net/ (https://www.btcmarkets.net/)
https://www.coinloft.com.au/ (https://www.coinloft.com.au/)

Or is it better to not use exchanges and just use https://localbitcoins.com/ (https://localbitcoins.com/)


Title: Re: can you buy bitcoin from any exchange?
Post by: dothebeats on October 19, 2017, 02:23:31 PM
You just need to provide anything that confirms your identity like passport, driver's license etc. in compliance with KYC and AML regulations. After that, you can buy your own bitcoins from these exchanges and have their value be converted to USD. You can also try to check if locals in your area are selling coins @ localbitcoins.


Title: Re: can you buy bitcoin from any exchange?
Post by: anticonformist on October 19, 2017, 02:35:22 PM
oh really, so if i only have an Australian bank account and docs i can still buy bitcoins with my Australian dollars on kraken, coinbase, gemini etc?


Title: Re: can you buy bitcoin from any exchange?
Post by: LeonidSrt on October 19, 2017, 03:00:37 PM
It all depends on the rules of each exchange, namely what kind of identity documents they  accept and what kind of payments you can use. Read their FAQs, it should be a common question.


Title: Re: can you buy bitcoin from any exchange?
Post by: BrickWall on October 19, 2017, 03:55:53 PM
what if we dont have any ID ... unless we have one local ID like only NBI clearance only can we use It to Buy or exchange bitcoins??  ??? ???

Your going to need identification. No legit exchange will accept you trading without it otherwise they would be breaking the law.


Title: Re: can you buy bitcoin from any exchange?
Post by: btcmayumana on October 20, 2017, 03:57:56 AM
So if you have an Australian bank account does that mean you can only buy bitcoin on an Australian exchange like; https://www.btcmarkets.net/ (https://www.btcmarkets.net/) or https://www.coinjar.com.au/ (https://www.coinjar.com.au/)

What if i want to open an account on coinbase, kraken or something can i only do that if im from the US and have all the required docs, ID, proof of address etc, or will they accept docs from any country?

These are 3 Australian exchanges i know of, any recommendations for me who is just starting bitcoin now... as the ship sails away and i swim after it..
https://bitcoin.com.au/ (https://bitcoin.com.au/)
https://www.coinjar.com.au/ (https://www.coinjar.com.au/)
https://www.btcmarkets.net/ (https://www.btcmarkets.net/)
https://www.coinloft.com.au/ (https://www.coinloft.com.au/)

Or is it better to not use exchanges and just use https://localbitcoins.com/ (https://localbitcoins.com/)
i recommended u to buying from you felling trusted only
there many experiences in past time some big exchanges being down as hacking attack or banned.