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Author Topic: Buying BTC in UK with cash  (Read 225 times)
iceTony (OP)
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December 05, 2018, 02:37:59 PM
 #1

Constantly buying BTC in UK with cash. Meet in public place, i show you cash, you send btc, when i see btc i my wallet you take cash from table, we shake hands. Deal is over Smiley

Contact me here or https://t.me/UKbtcbuy
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Superfrankyyy
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December 07, 2018, 08:37:43 PM
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I can do that, do you agree to confirm your identity during the deal ?
Rambotnic
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December 07, 2018, 09:45:09 PM
 #3

sorry for the off-topic but why would someone want to confirm his identity ?
isn't the bitcoin idea to be anonymous?
jackg
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December 08, 2018, 07:00:34 PM
 #4

sorry for the off-topic but why would someone want to confirm his identity ?
isn't the bitcoin idea to be anonymous?

So he doesn’t grab the cash and leg it out of that shop...

Probably what happens a lot in these deals (or at least enough to cause some worry).
Craael
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December 08, 2018, 07:54:58 PM
 #5

sorry for the off-topic but why would someone want to confirm his identity ?
isn't the bitcoin idea to be anonymous?

So he doesn’t grab the cash and leg it out of that shop...

Probably what happens a lot in these deals (or at least enough to cause some worry).

Haven't dealt with the guy above but in cash deal identity is a very sensitive issue. Most of the people dealing in cash would not be willing to provide identity. However there's a common practice of both sides waiting until the coins are confirmed on blockchain before anyone leaves the "scene". Meetings also happen in public places or protected spaces such as banks, exchange offices or safe rooms to further increase the security of both sides.
iceTony (OP)
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December 11, 2018, 12:28:31 PM
 #6

why would anyone need my identity? are you from police ?

Still buying BTC in UK, contact me https://t.me/UKbtcbuy.
blackrabbit1
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December 11, 2018, 12:48:04 PM
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sorry for the off-topic but why would someone want to confirm his identity ?
isn't the bitcoin idea to be anonymous?

I think it's part of KYC process
On the another side of anonymous, there lies the criminals
No offense, but no one will want to get involved in criminal activities, such as money laundering
I think it's wise to be extremely cautious, especially when it comes to cash deal

I'm not assuming anyone is criminal, just remind people to keep an eye out when doing any trade.
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December 12, 2018, 11:15:46 AM
 #8

Constantly buying BTC in UK with cash. Meet in public place, i show you cash, you send btc, when i see btc i my wallet you take cash from table, we shake hands. Deal is over Smiley

Contact me here or https://t.me/UKbtcbuy
I think credit/debit card is fine to buy BTC than that. This very easy and simple way to buy Bitcoin from home. No need to go out side. After all it's your personal mater but I will suggest if you have credit or debit card you can buy BTC using that. However if I am wrong please accept my apologize.

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