why is it so hard to buy bitcoin

[bitcoinsforall]

I just joined bitcoins few months back and i didnt find any such problems in buying bitcoins

But there are a few things like KYC which are a must in every country.

[StarofBTC]

There are certainly some rules that needs to be followed like showing id or proof in order to prove your are genuine and right person to deal with. Some of them are scammers and in order to avoid such they might ask for the details. Same is the case with exchanges as well who require your proof.

Yes and mostly such ID proofs are asked from people that want to buy bitcoins with paypal or such currencies so its pretty obvious and necessarry. Also added to this, why you have issues providing your ID when you know you are not a scammer  you can cover your face maybe while taking photographs.

[john2231]

Here in my country no need to give any identity to buy bitcoins we can buy here without government id's.
So that we have no problem of buying bitcoins here anytime we can buy bitcoins using other methods of depositing money to exchange it into bitcoin..

[MingLee]

Depending on what website you're going to be using, depending on what country it is located in, chances are there are some laws that require the website to note who uses the site and exchanges money on there, for things like money laundering or whatever. They have to avoid those things.

[South Park]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Are you trying to buy with Paypal? If that is the case forget about it they will ask all kind of stuff out of you, in a way I understand them since they are taking a risk but at the same time who will want to go through that process.

[Pattberry]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Bitcoin is not meant to hide your money away and if you really want to invest some money into bitcoin why should you worry over providing your identification ,exchanges must make sure that they dont fall into legal issues if there is any sort of investigation regarding any client and so is the reason KYC is mandatory

[abel1337]

For me its not hard to buy bitcoin. I can easily buy bitcoin on exchange , some of the exchange need verification of identity,I use an alternative way. I buy bitcoin peer to peer. Cause it is another way of buyung bitcoins.

[Supebox]

Its depending on which country and method because for some people its easy to buy them but for others its a whole journey because of the verification's..

[coynedterm]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Actually all these recruitment are only for security for everyone .
And i am sure everyone has more than four I'd .
Secondly to buy and sell bitcoin at the localbitcoins is a very easy work and trusted and no one can scam .

[Positid]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Actually all these recruitment are only for security for everyone .
And i am sure everyone has more than four I'd .
Secondly to buy and sell bitcoin at the localbitcoins is a very easy work and trusted and no one can scam .

Me, I have no hard time buying with bitcoin, it's easy in my local exchange I just need to order and then pay on the outlet they required. The rate is bigger compared in localbitcoins but I want a safe and fast transaction so I am willing to pay for the fee.

[buwaytress]

If you use USD and want Yen you don't necessarily have to exchange them. You can start working for Yen. It's the same with bitcoins. You don't have to buy them you can just start services to earn them. I like it better because then you don't have to give out your ID to some online company!

That's an extremely limited niche, though.  It's like selling stuff for bitcoin--your market is very small.  It's better to earn fiat and buy bitcoin.  And fiat is more stable.  Would you really want your paycheck in bitcoin?

Actually there is now an option to get your paycheck paid in bitcoin! And you don't even really need to get your employer to agree to do so.

You could look up bitwage to see what I am talking about. Apparently you can even set a percentage of your paycheck to be paid to your bitwallet.

I am looking forward to try it out myself once i get proper employment. Beats having to buy it and worry about whether you're getting it or not.

[Zadicar]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Actually all these recruitment are only for security for everyone .
And i am sure everyone has more than four I'd .
Secondly to buy and sell bitcoin at the localbitcoins is a very easy work and trusted and no one can scam .

Me, I have no hard time buying with bitcoin, it's easy in my local exchange I just need to order and then pay on the outlet they required. The rate is bigger compared in localbitcoins but I want a safe and fast transaction so I am willing to pay for the fee.

We are the same  i have  no  problem  or any hassle regarding  on  purchasing  bitcoin  here  in  my place because  you could directly pay them on the   forms  of  banks which  is  really  a  great convenience  for me  unlike on other countries  if  they do  have  the same service  .  lucalbitcoins and  other  exchanges  would  surely  impose  strict rules to  prevent frauds.

[X-ray]

For me its not hard to buy bitcoin. I can easily buy bitcoin on exchange , some of the exchange need verification of identity,I use an alternative way. I buy bitcoin peer to peer. Cause it is another way of buyung bitcoins.

your alternative way is indeed a simple one but i do prefer the security above all factors so if i were i will choose to verify my accounts on some exchangers and then buy bitcoin rather than risky money on peer to peer transaction and honestly,the exchanger which i was used for a long time require that thing

[StarofBTC]

For me its not hard to buy bitcoin. I can easily buy bitcoin on exchange , some of the exchange need verification of identity,I use an alternative way. I buy bitcoin peer to peer. Cause it is another way of buyung bitcoins.

your alternative way is indeed a simple one but i do prefer the security above all factors so if i were i will choose to verify my accounts on some exchangers and then buy bitcoin rather than risky money on peer to peer transaction and honestly,the exchanger which i was used for a long time require that thing

Yes, sometimes it would be better to submit our documents to a reputed exchange services than meeting a person in public place for the purpose of buying/selling bitcoins. Personally, I have not found buying bitcoins is too hard as we are already having lot of options for that, one good and easy way must be buying bitcoins from our forum members.

[naidray]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on. 

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.   

Because getting scammed has increased and they want extra security, once you start trading and establish a real trust on the site then you will find much easier to trade. By the way the best thing is to trade cash to bitcoins with a local user.

It is highly recommended to form your won group for bitcoin related activities so that you people will manage any requirements with peace of mind.

[danherbias07]

Depends on the place to where you are. Or, if you buy in a person to person exchange be sure that it is legit or would provide something that will make him or her prove that he wont scam you. Better be careful than regretting it at the end.

[crairezx20]

Here in my country its not hard to buy bitcoins we can easily buy bitcoin or deposit without asking for our real identity. and i think better to share with us where do you live so that we can know if there is local exchange in your place like in india they have zebpay here in philippines we have coins.ph.
From us or amarican country they have coinbase..

[Text]

Almost exchange sites need a verification like Identify and selfie verification because it is connected to your bank account if you use credit card. But I know there are still other ways or options for you to buy bitcoin hassle free like linking your Online payment processors e.g Paypal.

[neochiny]

Huh. It's not that hard. Well, it's probably restricted by country since the one I use, my local exchange, I could buy btc directly from the exchange without any verification. They do have fees, but it's not that much,(not even 1%). Of course there are daily limits until I verify, but I could buy and even cash out to fiat without verification.

If you really don't want to present an ID, there's always the marketplace here. I don't think it would be too hard finding a seller, as long as you use a very good escrow.

[South Park]

I have not really bought any bitcoin in a while, i have been mostly trading this last year.  but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge.  they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.  

this is seriously restrictive to anyone wanting to get into bitcoin,  like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.    

It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?

Most if not all exchanges require that since they are applying KYC know your costumer policies that banks are also forced to comply with and even if you found an exchange that did not require it I will not trust them that much.