ChiBitCTy
Legendary
Offline
Activity: 2380
Merit: 3149
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:20:10 PM |
|
I believe the topic speaks volume for itself as it is already self explanatory. This question was born out of a real life experience where a petty trader was publicly harassed by some uniformed security personnels claiming to be some police officers and after some investigations the security personnels claimed that the woman aided some criminal activities as well as some internet fraud simply because she made her private exchanges public and the government as some point also frowns at the use of bitcoin in my country.
Now my worries is that, this singular act has driven alot of fear to some low key bitcoin holders in my neighborhood even myself and there are shops I hope in town that operate physical exchanges.
~Do you think those dealers are safe? ~And what's the fate of physical cryptocurrency exchanges(r) in your country?
Let's discuss
So is it legal or not in your country to house a bitcoin exchange? I'm a bit confused by what you wrote. Do your countries financial regulatory bodies have control over bitcoin in any way inside your country? I think whether or not others should be concerned would be starting with the legalities of it, but if it is legal across the board than maybe they are starting to take actions for it not to be..
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
decodx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:28:54 PM |
|
Why do you need to trade in person when bitcoin is digital and you can trade it from halfway around the world? Perhaps you live in a country where it is not possible to have a bank account and therefore you cannot open a bank account so the only way to exchange is in person.
There are plenty of good reasons why people choose physical exchanges to convert their crypto to cash and vice versa. One major reason is that many folks around the world don't have access to traditional banks for various reasons. They're what we call "bankless." Plus, physical exchanges often have looser rules when it comes to KYC requirements, making them attractive to individuals who value anonymity or prefer not to disclose extensive personal information during transactions.
|
|
|
|
GiftedMAN
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:32:59 PM Merited by fillippone (1) |
|
Am aware that some people still do physical exchanges and I still don't fancy the idea because it's time taking, it's dangerous because it exposes such person to harm which is the reason why p2p is more preferable to physical exchanges in my opinion. The security agencies may also capitalize on the issues of bitcoin not been legalize in Nigeria being the country of the op to arrest and extort money from anyone found doing a physical bitcoin exchange or transaction so on this note i think it is better to do an online transactions instead of a physical transaction because physical transaction isn't a good idea even to bitcoin because your privacy should be maintained at all times.
|
| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
|
|
|
romero121
Legendary
Offline
Activity: 3234
Merit: 1214
casinosblockchain.io
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:41:45 PM Merited by fillippone (1) |
|
Physical exchanges always holds the risk of threats. Localbitcoins which served to be one among the leading P2P trading platform closed all its services recently. It had a feature of meeting the trader in person and exchanging fiat for cryptocurrency and vice versa. During that several bad incidents have happened and long back itself localbitcoins stopped the trading service with the nearby traders. So, it is common around and we need to be careful handling these kind of situations.
|
|
|
|
Z-tight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:42:31 PM |
|
Physical Exchange?? This is new to me...the only thing that comes close to a physical exchange in my mind is peer2peer trading! And why would anybody opt to go for a physical exchange leaving a digital exchange that provides convenience and some degree of safety in your own comfort zone??
Trading face to face also provides convenience, there is nothing wrong with in-person trade, it has one of the best forms of privacy and that is a reason why many people use it. There are very good p2p exchanges that offer the option of cash for BTC and BTC for cash, p2p exchanges like bisq and AgoraDesk, you can use this feature in any of these exchanges. Surely if you want to trade in person there are precautions to take, try as much as possible to trade with the same people and build a sort of connection so trading in person becomes safer and more comfortable for you.
|
|
|
|
serjent05
Legendary
Offline
Activity: 2968
Merit: 1276
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:50:04 PM Merited by fillippone (1) |
|
I believe the topic speaks volume for itself as it is already self explanatory. This question was born out of a real life experience where a petty trader was publicly harassed by some uniformed security personnels claiming to be some police officers and after some investigations the security personnels claimed that the woman aided some criminal activities as well as some internet fraud simply because she made her private exchanges public and the government as some point also frowns at the use of bitcoin in my country.
Now my worries is that, this singular act has driven alot of fear to some low key bitcoin holders in my neighborhood even myself and there are shops I hope in town that operate physical exchanges.
~Do you think those dealers are safe? ~And what's the fate of physical cryptocurrency exchanges(r) in your country?
Let's discuss
If Bitcoin is banned in your country then you could be arrested since you are engaging in an illegal activity. When it comes to physical exchanges, there is alwaya a risk invove when a person is engaing in an exchanging activity. Those who have ill-intention can do undesirable things if they learned about people carrying large amounts of money. Though I wonder how these uniformed people know about that person. Isn't it impossible for security personnel to pinpoint a single person to harass because this person had made his private exchange public? Are they social media friends or what?
|
|
|
|
drwhobox
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 756
Merit: 133
- hello doctor who box
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 10:59:29 PM |
|
I don't have any experience with physical exchanges so I cannot tell you it is safe or not. I think if you have to exchange a large amount of bitcoin don't go to your local exchange try to use online exchanges and don't let anyone know that you have a huge amount of bitcoin. The government will not take bitcoin easily they will try and find a way to stop you from using bitcoin.
|
|
|
|
famososMuertos
Legendary
Offline
Activity: 1862
Merit: 2976
LE ☮︎ Halving es la purga
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 11:10:44 PM |
|
The ATMB are a rarity for some people, but this cannot be seen in a general sense, it depends on the country, the city and the place where you are, hence that is the same rhythm that gives you security, that is, In that order, a country can be friendly with ATMs, but then each city has its parameters, and the lowest is knowing the city well or places that have safe ATMBs. And also those that offer an exchange service in physical places, that your title confuses in a certain way. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftubitcoin.es%2Fwp-content%2Fuploads%2F2021%2F10%2Fphoto_2021-10-06-17.25.38-1.jpeg&t=665&c=141MLAPn0myyjg) Source:https://tubitcoin.es This below is another example, they have an ATM and an office. GBTC Universitat | Money Exchange | Bitcoin ATM | Buy & Sell Crypto Currency exchange service in Barcelona, Spain ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FzFWmFYd%2Fexchahe123.jpg&t=665&c=aBwCpu9853CG-Q) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F2q2Mpwb%2Fexchahe1.jpg&t=665&c=wqOxiMmV38lkEQ) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F7yY6SMK%2Fexchahe12.jpg&t=665&c=7OL7jfDETREdTA) Source:https://maps.google.com/maps/contrib/109254273301588470663 Depending on the country, perhaps they can be secure, beware, we are not talking about security in the aspect that their KYC implies, which is something else, it is the physical space where they are located, then the city and lower down the neighborhood, all that varies in the parameters of security. In Spain there is not only ATMB, there are businesses specialized in loans and having an ATMB on site, there are also even in bars, restaurants, actually, as I said, it depends on the country.
|
|
|
|
Mr.right85
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2023, 11:19:20 PM |
|
~Do you think those dealers are safe? ~And what's the fate of physical cryptocurrency exchanges(r) in your country?
Let's discuss
Is hard or almost impossible to have exchanges not get to publicise themselves, its a must should you be expecting crypto investors to make use of your services. Some strokes to the business is that, you don't get to ask any question. You receive and proceed to delivering your end of the bargain. Now, running an exchange in a non crypto friendly nation would has to do with you getting the business or exchange registered. That becomes the first stage to having a backings with fhe government and you pay your taxes as due. There would always be these complaints of aiding fraud for the most that understand and you would have these agencies all taking chances where they could find.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
landheer
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 467
Merit: 61
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 12:46:53 AM |
|
in my opinion you have to comply with the rules that apply in your area, in my opinion you can sell your btc and exchange it for fiat currency and you can shop using fiat money. I think complying with government regulations is the thing to do.
in my country, bitcoin cannot be used as a means of payment, but if it is used as an investment asset, of course it is allowed by my government.
|
|
|
|
ImThour
Copper Member
Legendary
Offline
Activity: 1456
Merit: 1526
Bitcoin Bottom was at $15.4k
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 02:10:52 AM |
|
I have never done a physical exchange for Crypto in my neighborhood as I don't want to disclose to anyone that I deal in Crypto or I have some Crypto with me as a financial investment. I would also ask you to avoid this method of exchange as it's risky and not beneficial in the long run. 1 or 2 good exchanges don't mean it's going to be like that forever.
|
| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
|
|
|
CryptoBuds
Legendary
Offline
Activity: 2198
Merit: 1048
HODL
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 02:51:56 AM |
|
This is also why I don’t agree with shops or businesses publicly making bitcoin a payment option in countries like this, because Just like this case scenario once the government comes hunting for those who violate the law you will be first to be napped.
That's the contradiction I've been wondering for a long time. We use bitcoin for privacy and anonymity, but at the same time, we want bitcoin to be popular and used as a payment method, while paying means we agree to reveal our identities. I invest in bitcoin and always try to maintain my privacy to the highest level in my region. So it is tough for me to use it as a currency to buy goods and make payments. Is there any way we can use bitcoin to secure privacy and use it as a currency?
|
|
|
|
Plaguedeath
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 04:36:32 AM |
|
Physical exchange is safe as long as you only exchange for small amount of money and you not link all of your money to that's address, so no one know if you're a big bag holder. But if your country still not accept Bitcoin, better to not taking any risk. If Nigeria is the country you are referring to, then the woman has the right to sue those officers who wrongfully harassed her, provided that she is free from all the allegations levied against her.
It's not only happen in Nigeria, but every countries should have this law where impersonating a police or security isn't allowed. The woman can report those fake officers, but it will make she to spend time and money to handle this case, moreover someone could revenge or do bad thing to her.
|
|
|
|
GreatArkansas
Legendary
Offline
Activity: 2436
Merit: 1375
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 05:36:13 AM |
|
Most of the exchanges I can see in our country are peer-to-peer exchanges. Where it's up to you if you want to meet up with the buyers/sellers. There are lot of these transactions here, some could be in online if you really trust the person you are exchanging with (it's risky).
|
| .DAKE.GG. | │ | ░░░░░░▄█████▄ ▄█████████████████▄ ██░░░░░░░░░░░░░░░██░░▄██▄ ██░░▀▀█░▀▀█░▀▀█░░██░░████ ██░░░█▀░░█▀░░█▀░░██░░░██ ██░░░░░░░░░░░░░░░██░░░██ ███████████████████░░░██ ▀█████████████████▀░░░██ █████▀▀▀▀▀▀▀▀▀█████▄▄▄██ █████▄▄▄▄▄▄▄▄▄█████▀▀▀▀ ░█████████████████ ░░▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | | .NEXT LEVEL CASINO & SLOTS. | | | ░░░░░░░░░▄▄▄▄▄▄ ░░░░████████▀▀▀▀ ░░░░██░▀░██░████████▄▄▄▄ ░░░░███▄███░█░░█████████ ░░░░░█████░█████████████ ░░░░░▀████░█████▀░█████ ▄▄▄▄▄░███░░███▀░░░░████ █▄█▄█░░██░███▄░░░░░▄██▀ █▄█▄█░░▀▀░▀████▄░▄████ ▄▄░░░░█████░██████████ ░▄▄▀░░██▄██░▀▀▀▀█████ ░░░░█░▀▀▀▀▀ | │ | | | │ | ..PLAY NOW.. |
|
|
|
davis196
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 05:47:53 AM |
|
1.There aren't any "physical crypto exchanges" where I live. 2.I never really understood the point of having to trade Bitcoin/crypto in person. Using the internet for trading purposes is way more convenient(and way safer). Decentralized exchanges are a thing, why do you have to put your trust in a random stranger? 3.The woman, who publicly revealed that she owns Bitcoin/crypto has made a terrible mistake. Never revealing to anyone that you own crypto is the golden rule of being a crypto investor/trader/HODLer. Some people simply aren't smart enough, other people make mistakes unintentionally.
|
|
|
|
Z-tight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 06:11:29 AM |
|
Is there any way we can use bitcoin to secure privacy and use it as a currency?
You can use BTC for payment without exposing your privacy, first is that you shouldn't use addresses that hold a large amount of your BTC for payment. Take note that one very important way to protect privacy in the BTC network is to avoid reusing addresses, since it is very easy to create a new address, use a new one whenever you want to make payment, and to eclipse the origin of the funds sent into your address for payment, you can use a mixer or CoinJoin to receive the funds.
|
|
|
|
Lida93
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 07:01:45 AM |
|
The government is an authority within it's jurisdiction and owns all means of legitimate coercion and it is needful that anyone who finds himself within such society where the government has discountenance towards crypto tread with utmost careful as he embarks on his cryptocurrency business. Making a public show only endangers you and your business.
I come from a country where the government throw the banks frown at any crypto related business and transacts and to keep myself safe from anyone raising an eyebrow on me digging for informations I discreetly act like a pure novice to any crypto activities publicly done cause you just can't tell who's watching. Let's be guided please.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
crypticj
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 07:07:42 AM |
|
I think it highly depends on the country.
I was using physical exchange in Turkey and it was a really nice experience and the fees weren't too high. So I think if you use exchanges in crypto-friendly countries, it probably would be fine.
But I'm NOT recommending using exchanges in Africa and Brazil. In these countries, if something has to do with money, the risk is getting much higher. So be careful with that.
|
|
|
|
TribalBob
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 07:30:05 AM |
|
feedback for this because I haven't found the exchange you said in my country , so far I have only made exchanges that exist and support my country's currency
|
|
|
|
tjtonmoy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2023, 08:05:16 AM |
|
~Do you think those dealers are safe?
If you can find the right person, then it's safe. Otherwise, I don't think it is a good idea to make deals with someone random. If you are trying it for the first time, then the meeting has to be in a public place. Take some people with you, like friend or family. Make sure to find the proper one who seems trustworthy, and you can do business afterward. Then comes the question about if Bitcoin is legal or illegal in your country. If it's legal, then you can use it as you like, and it will be not so hard to find a proper dealer. You won't face any legal concern in that matter. But, if it's illegal, then you will have to face a lot of troubles. It will be hard to make the transaction publically. Also, it could be a trap from the law enforcement to fish out people who are violating the rules and using cryptocurrency. So take cautions before you do it. ~And what's the fate of physical cryptocurrency exchanges(r) in your country?
It is illegal in my country to use cryptocurrency or even owning them. So it is hard, as I explained in the top section. 3 people were caught and put to jail just for owning some crypto. So, I don't think physical cryptocurrency exchange(r) has a luck in this country. People are afraid to show their faces in the public, but many people still use cryptocurrency here. It is possible to make a human transaction, but the risk is high. If Bitcoin/crypto ever becomes legal here, then it will have a good luck here. Many will come out of the shadow. Let's see what will happen.
|
|
|
|
|