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Author Topic: Buying Btc and housing  (Read 176 times)
Dark Knightt (OP)
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August 17, 2021, 09:48:58 PM
 #1

Hello Comunity
What is the easiest way to buy Btc without the documentation that almost each and every page require to buy Btc and where to house them ? Roll Eyes Huh Huh Good Luckk
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Zedpastin
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August 17, 2021, 10:22:49 PM
Last edit: August 17, 2021, 11:20:23 PM by Zedpastin
 #2

The best place to buy Bitcoin without giving them your documentation will be any peer 2 peer transaction or exchange. The currency sub forum on this forum gives you the option of trading with members on here while a peer 2 peer exchange will allow you to trade with every one around the world. You should store your Bitcoin in a wallet or a hardware wallet. Bitcoin core if you want a full node, Electrum if you do not want to run a node and a hardware wallet if you want to use the wallet online with good security. LocalBitcoins is the most popular peer 2 peer exchange but because of that there is bigger fees and higher prices. You will probably get better deals here on the forum than a registered peer 2 peer platform. If you want to look at other options of storing your Bitcoin check out bitcoin.org that is the best resource available on the internet about Bitcoin wallets.
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August 18, 2021, 04:04:41 AM
Merited by NeuroticFish (2), pooya87 (2), ABCbits (1), cryptoaddictchie (1)
 #3

Go with peer-to-peer platforms, either LocalCryptos[1] or HodlHodl[2].

After buying, hold your funds on affordable and reputable hardware wallet devices such as Ledger[3] or Trezor[4]. Or if you aren't planning on holding a bigger amount of bitcoin, probably go with a non-custodial software wallet for now such as BlueWallet[5].

Always remember, Not Your Keys, Not Your Coins. https://NotYourKeys.org/


[1] https://localcryptos.com/
[2] https://hodlhodl.com/
[3] https://ledger.com/
[4] https://trezor.io/
[5] https://bluewallet.io/

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cryptoaddictchie
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August 18, 2021, 04:54:33 AM
 #4

Aside from the mentioned aboved. If you are fan of centralized exchange you can use binance and kucoin. They dont have a strict KYC for storing bitcoin but only if you want to hodl so many.

But of course everyone wants not to tie on any of this then non custodial wallet is the best pick.

You can also try third party app that store bitcoin such as imtoken and safepal wallet. Tried both and its good.

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August 18, 2021, 07:45:22 AM
 #5

P2P exchanges or platforms and hardware wallet like ledger or trezor is exactly what you need mate, do your own research on that and I wish you the best, by the way I use binance P2P service most times, good luck

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August 18, 2021, 08:04:27 AM
 #6

by the way I use binance P2P service most times, good luck

You need to submit AML/KYC documents to Binance to be able to use their P2P platform; which I assume OP is referring to when he/she said "without the documentation".

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August 18, 2021, 08:21:25 AM
Merited by pooya87 (2), Skinny48 (1)
 #7

by the way I use binance P2P service most times, good luck

You need to submit AML/KYC documents to Binance to be able to use their P2P platform; which I assume OP is referring to when he/she said "without the documentation".
True 💯 binance P2P isn't P2P to me it's like a centralised P2P technics I was surprised they compulsory KYC verification for P2P users, this is nonsense but I don't anyways, if this doesn't happen binance will be facing more charges right now anyways, CZ saw this coming

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mk4
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August 18, 2021, 04:39:59 PM
 #8

True 💯 binance P2P isn't P2P to me it's like a centralised P2P technics I was surprised they compulsory KYC verification for P2P users, this is nonsense but I don't anyways, if this doesn't happen binance will be facing more charges right now anyways, CZ saw this coming

It's technically still P2P, just with unnecessary AML/KYC requirements. But yea, the reason why P2P-with-KYC platforms such as Binance and LocalBitcoins still has users right now is just because of name recognition. Other than that, there shouldn't be a reason why people should use them at all.

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Zedpastin
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August 18, 2021, 04:48:31 PM
 #9

True 💯 binance P2P isn't P2P to me it's like a centralised P2P technics I was surprised they compulsory KYC verification for P2P users, this is nonsense but I don't anyways, if this doesn't happen binance will be facing more charges right now anyways, CZ saw this coming

It's technically still P2P, just with unnecessary AML/KYC requirements. But yea, the reason why P2P-with-KYC platforms such as Binance and LocalBitcoins still has users right now is just because of name recognition. Other than that, there shouldn't be a reason why people should use them at all.
Localbitcoins still allows you to do peer 2 peer trades with a small amount without KYC at least that is how is was when I used them. I left localbitcoins because it is the most popular but because of that the fees are higher than average.
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August 20, 2021, 08:12:46 AM
 #10

True 💯 binance P2P isn't P2P to me it's like a centralised P2P technics I was surprised they compulsory KYC verification for P2P users, this is nonsense but I don't anyways, if this doesn't happen binance will be facing more charges right now anyways, CZ saw this coming

It's technically still P2P, just with unnecessary AML/KYC requirements. But yea, the reason why P2P-with-KYC platforms such as Binance and LocalBitcoins still has users right now is just because of name recognition. Other than that, there shouldn't be a reason why people should use them at all.
And still few central banks are trying to crucify binance exchange, honestly the CEO did all he could to avoid illegal activities on the exchange, I suspected this was why the CEO compulsory KYC verification for P2P users, wrong accusations in every corner once a exchange is doing better can't be escape

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August 20, 2021, 10:27:13 AM
 #11

@Dark Knightt, in addition to all the tips already presented to you, I would add the possibility of buying via crypto ATM (if they exist in your country), although it is already known that this is one of the most expensive ways to buy due to usually large fees (5% and up). You can also look for people selling crypto for cash in your local community, always being careful when meeting live with strangers.

https://coinatmradar.com/countries/

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Dark Knightt (OP)
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August 26, 2021, 03:02:41 PM
 #12

First of all Thank You all for Your time and Your replies.
Second of all I wish You guys all the luck out there !
I was wondering could someone explain after sending funds to someon to buy the btc-how does the process of btc sending go? By the way-the difference between the private key and public key-how someone gets it and what are it's purposes ?
What do nodes stand for and what are theirs purposes ?
Thank You once again for Your time and Good Luckk !
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August 26, 2021, 04:01:25 PM
 #13

p2p exchanges are highly recommended for buying bitcoin without passing the KYC. Most of the best p2p platforms are already provided above. So try them and I always suggest to make a little deal first to check the condition. then go through with big money. And what do you mean by housing ? Means storing the brought BTC? then I will suggest to use Ledger, Nano then Electrum wallet , bluewallet etc.

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