Ok so, since I am a US citizen, how do I get other coins without my info?

[Bitman7976]

I use coinbase which works good for me, but now I am interested in other coins that they dont offer.  Since I am a US citizen and from NY, a lot of places dont accept USD coming from here, but they will from a abroad.  I tried a debit card visa with no luck.  Furthermore I found a place that will do exchanges for the coins I want, but you get a lot less coins this way for your money.  So I guess my question is, how are you guys doing it?  I'm hitting a wall here.  Thanks.

[DaveF]

Fellow New Yorker here. Some thoughts.

If the coins are available in the US but not on an exchange that does business in NY and if the trading amounts are going to be large enough to cover the taxes / costs you can setup a corporation in another state.

For smaller amounts, if there is also a friend in another state if you trust each other enough. They are going to owe taxes on the trades so they have that risk, and they can run with the coins so you have that risk.

For out of the US, you are stuck with the using a friend out of the country.

Note: using a friend is a murky area of the law, both of you should talk to legal / tax experts before doing anything.

-Dave

[zasad@]

I use coinbase which works good for me, but now I am interested in other coins that they dont offer.  Since I am a US citizen and from NY, a lot of places dont accept USD coming from here, but they will from a abroad.  I tried a debit card visa with no luck.  Furthermore I found a place that will do exchanges for the coins I want, but you get a lot less coins this way for your money.  So I guess my question is, how are you guys doing it?  I'm hitting a wall here.  Thanks.

If you need to buy a token, then use decentralized exchanges, for example Uniswap or others
https://bitcointalk.org/index.php?topic=5276937
Many coins are tokenized and traded on decentralized exchanges.
But the main newer projects appear in the Ethereum ecosystem or Binance smart chain.
What coin or token do you need?

[teosanru]

I use coinbase which works good for me, but now I am interested in other coins that they dont offer.  Since I am a US citizen and from NY, a lot of places dont accept USD coming from here, but they will from a abroad.  I tried a debit card visa with no luck.  Furthermore I found a place that will do exchanges for the coins I want, but you get a lot less coins this way for your money.  So I guess my question is, how are you guys doing it?  I'm hitting a wall here.  Thanks.

Well I am from India and most of the exchanges dont have my local currency so we follow a simple technique. Buy any major Cryptocurrency which you can buy using USD choose the one with low fees like Litecoin or Ripple. Transfer the same to any major exchange on which the tokens/coins you want to buy are listed and you can have those coins easily buy exchanging your Ripple or Litecoin there. The process does sounds a bit long but it's plain and simple and with XRP and LTC even the transaction fees would be very low or almost negligible. Obviously if you don't want to disclose your identity use a Dex or an exchange where KYC hasn't been made mandatory so far.

[Theb]

I wouldn't risk it if I were you, if they'll be offering an ICO where they won't be requiring any kind of KYC you must be concerned about it as their ICO might not be running legally under SEC regulations. I remembered how Telegram was penalized by offering their GRAM tokens without the proper requirements and they ended up with penalties as well as giving back their investors money. If this kind of regulation is how the US plays I think you should just stick to the ICOs that is being offered by crypto exchanges that are operating legally in the US.

[willoweb]

It's really quite a simple decision not to break the laws and pass the KYC check after which you will be calm and also more confident in the project in which you yourself decided to invest your money. But it is worth remembering that this is not a 100% guarantee of success and the absence of fraud, it is worth checking the projects with which you decided to contact from all sides, especially the past of the project team members, what projects or experience they already have in the cryptocurrency industry.

[malevolent]

I use coinbase which works good for me, but now I am interested in other coins that they dont offer.  Since I am a US citizen and from NY, a lot of places dont accept USD coming from here, but they will from a abroad.  I tried a debit card visa with no luck.  Furthermore I found a place that will do exchanges for the coins I want, but you get a lot less coins this way for your money.  So I guess my question is, how are you guys doing it?  I'm hitting a wall here.  Thanks.

You could look into instant exchanges or DEXes depending on what exactly you're looking for. Just keep in mind with the former a sudden request for KYC is always a possibility, even for those that ordinarily do not require it

[Findingnemo]

I use coinbase which works good for me, but now I am interested in other coins that they dont offer.  Since I am a US citizen and from NY, a lot of places dont accept USD coming from here, but they will from a abroad.  I tried a debit card visa with no luck.  Furthermore I found a place that will do exchanges for the coins I want, but you get a lot less coins this way for your money.  So I guess my question is, how are you guys doing it?  I'm hitting a wall here.  Thanks.

If you got bitcoin then you can almost buy any coin you wanted using the exchanges which doesn't ask KYC or decentralized exchanges, You can use your bank account or any cards to purchase outside of US exchanges if I am not wrong so the best practice is buy BTC then buy everything using BTC.

[Harlot]

For online means not unless you are looking for something that is recognized by the US SEC I don't think it will be a safe way for you to acquire them as most of them will most likely be illegally running their ICO in the US which will be bad for you. I guess P2P trading or direct trading to a person is something you can consider as this is something that most people resort to if they don't want their kyc to be given away. You must understand that there is also scams happening even if you trade directly so you must be familiar with it.

[jerry0]

What about trading someone who could get other coins you want in another country?  Is there any legal issue with that or not?  Like imagine you want to buy so and so coin but you can't... but you could send btc to someone and they buy it for you and then trade that coin for your btc.  But of course when you want to sell it for btc or usdt or whatnot to cashout to your us bank account, you need to trade with someone outside the US in order to get btc etc.

[yhiaali3]

This varies from one country to another, at least you have a platform that exchanges cryptocurrencies for the dollar, but here in my country these things never exist, the only way to buy or sell bitcoin and cryptocurrencies through a broker or p2p, there are no other options here for that I would be happy if there was a platform that accepts buying and selling cryptocurrencies against the local currency even if their prices are slightly more expensive than the market.