so he buy $1 million worth of bitcoin and back to his country Immediately. Bitcoin saves both his time and money. And he was able to back safely to his own country with his money.
Did he bought the Bitcoins from any exchange?
I mean buying bitcoins worth 1 million is really risky. So I am wondering did he bought from exchanges by giving out his KYC details? Or did he bought through P2P trade.
Nevertheless glad to know that Bitcoins have saved someone’s life, and now he also got his money in his own hands.
Now he doesn’t have to give taxes and can easily cash out little amounts frequently when required. And btw congratulations for winning the lottery.
Maybe he had bought on an exchange which simply means that he had passed up some kyc and verification but i dont really see this to be a problem on someone who are minding about his security which is mainly talking
about on possible physical abduction or something like that.Passing up some KYC wont be an issue for sure even myself wouldnt bother out as long you are dealing with right and reputable exchange then it wont be a
problem.
Rather than making yourself getting or bringing along with those lot of cash.It could be also done with P2P but this is something risky yet you wont know
if you are dealing with the right people or not.