Bitcoin physical exchange HongKong

[Lucius]

It's not surprising that physical crypto exchanges can be seen in some countries, they also exist in Europe (even without KYC) but of course their fees are much higher than any CEX. HK, as a special administrative region of China, has clearly positioned itself as very friendly towards cryptocurrencies, and it seems that after Satoshi, the second most popular person in HK is a man who is already being called the Bitcoin President.

Of course, there's not much truth to that, but people have a need to consider someone a leader, even if they really don't need one when it comes to BTC.

[buwaytress]

Nice share, I haven't myself seen a moneychanger (that's what I call them haha) do that, but it's been something I used to say years ago (to see BTC on moneychanger boards). All of them need big spreads though, it's how they make money.

Just to say, though, you can have the same experience doing p2p trading -- usually with better spreads. Many p2p traders I know have listings on public platforms but then later on are happy to do direct with you.

[john_egbert]

Nice share, I haven't myself seen a moneychanger (that's what I call them haha) do that, but it's been something I used to say years ago (to see BTC on moneychanger boards). All of them need big spreads though, it's how they make money.

Just to say, though, you can have the same experience doing p2p trading -- usually with better spreads. Many p2p traders I know have listings on public platforms but then later on are happy to do direct with you.

Yep. P2P became the most used option for such activity, imo.

Machines will be there too, but they may be with KYC built to them sometimes, sometimes - it can be done without them..