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Author Topic: How can a person buy a hardware wallet where crypto is ban?  (Read 381 times)
Kakmakr
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July 25, 2023, 05:21:13 AM
 #21

You have to change your sentence a bit, because you are saying Crypto are legalized, so it means it is legal in your country. Your thread subject on the other hand says that it is banned in your country. So you should rather say that it is illegal in your country.  Wink

Well, I would not invest in a hardware wallet or even buy one that might get confiscated by the postal services. I will much rather use online software to generate a off-line Paper wallet or use a air-gapped computer to do it. It is just as safe and it will cost you nothing..  Wink

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July 25, 2023, 06:19:29 AM
 #22

Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
does the hard wallet contain cryptocurrency? if not, I don't see why there would be trouble to get one or import one. but just to be sure, you'd better read the country(seems like to are from Bangladesh) law against cryptocurrencies.
It is true that the hardware wallet doesn't contain any cryptocurrency (if crypto is not sent there beforehand), but in some countries it may not be allowed to be imported because it is an encryption device (a similar wording was voiced by the russian customs service some time in the past). So, HW devices can be banned (possibly for an indefinite period) regardless of direct connection with crypto currencies.

It is advisable to read the laws (of Bangladesh, if it is OP's country) on the possibility of importing hardware wallets and similar devices.

Hey, buddy why you do wanna get in trouble?I am seeing you are from my local community, Don't you know what is going on Bangladesh? You should know how people associated with cryptocurrency are being sent to jail.
does this mean that they will also arrest people that own a hard wallet despite the hard wallet not having anything in it just because it is associated with cryptocurrency?
[/quote]
OP (and his compatriots) have a unique opportunity to learn this personally. Smiley

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July 25, 2023, 06:56:24 AM
 #23

I am from a country where crypto currencies are strongly legalized. I know about the hardware wallet security it's best for the long-term bitcoin holder. Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
And one more things I wanna know that how can I chose a best budget friendly hardware wallet? 


I would recommend you to go for a cold software based wallet instead of a hardware wallet because the software cold wallets are also very safe and one can use those without any issue. As far your cold wallet is not connected to internet your security is far higher than those hardware wallets, and in a country where Bitcoin is banned one should opt for software based wallet instead of hardware wallet.

I suggest you to go with Electrum if you made your mind to go with a cold software wallet because this wallet is open-source, and is currently the best wallet most of the investors use. I'm quite sure that most Bitcoiners who use Electrum are very sure that this is the safest option when it's used as a cold wallet. I highly recommend you to go with this wallet instead of looking for a hardware wallet, and yes, you should still be careful because there can be legal problems for a citizen if he/she is doing something that's banned in a country. Do it at your own risk my friend!

If you still want to go with a hardware wallet then try to build your own instead, and for that you can find many tutorials online which teach you that how you can built such a wallet yourself. I would recommend you to watch this video whose link I will post below because I think this video can be very helpful for you.

https://www.youtube.com/watch?v=PeqP6oVnlIs

You can also use the Airgap Wallet mobile app with a phone that you don't use anymore. Preferably an Android phone, which allows you to switch off the networking functionality permanently, across reboots. Nobody is going to suspect an old phone being used a hardware wallet, at least not anyone you'd normally find at an airport.

Maybe receiving packaged shipping could also work, as long as the post office doesn't open your packages.

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July 25, 2023, 07:24:29 AM
 #24

I am from a country where crypto currencies are strongly legalized. I know about the hardware wallet security it's best for the long-term bitcoin holder. Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
And one more things I wanna know that how can I chose a best budget friendly hardware wallet? 

Since you are from Bangladesh, I will like you to ask people in this forum of on your local board if anyone is using a hardware wallet and how did he get it. You should also know the laws on crypto in your country so that you don't end up putting yourself into trouble. You can ease yourself the worries and stress of getting a hardware wallet by setting up an electrum wallet on an airgap device to serve for the purpose of a hardware wallet. It is safer that way but you need to be careful when doing this.

R


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July 25, 2023, 07:34:04 AM
 #25

I am from a country where crypto currencies are strongly legalized. I know about the hardware wallet security it's best for the long-term bitcoin holder. Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
And one more things I wanna know that how can I chose a best budget friendly hardware wallet? 


It seems quite risky to import hardware wallets to any country where crypto currencies are banned, because that would be like importing illegal goods and the penalty might be imprisonment or a fine. However if you urgently need to import that hardware wallet, it seems that going through a customs official's channel should be fine to bribe them a bit, but of course it is very risky.
But the best way is that you can try a non-custodial wallet and you don't need to go through various complicated things in having a hardware wallet. And it should be safe to use a non-custodial wallet, because many people in countries that prohibit crypto adoption use non-custodial wallets to store their assets.

R


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July 25, 2023, 08:05:40 AM
 #26

I am from a country where crypto currencies are strongly legalized. I know about the hardware wallet security it's best for the long-term bitcoin holder. Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
And one more things I wanna know that how can I chose a best budget friendly hardware wallet? 

Things aren't as simply enforced as they sound. When you order something online from different countries, when they come at the borders of your country, they have to go through customs, through X-ray scanner and then the state-owned postal company will deliver it to you.
Even though if Bitcoin is illegal in a country, that doesn't mean that hardware wallets are illegal, it's like, THC is illegal but seeds are legal because they don't contain THC, they are legal till they grow.

But exclusively for you, let's imagine that hardware wallets are illegal too (which definitely aren't and can't be): First of all, customs should know how do hardware wallets look like, every custom should be informed about that in order to be able to detect it. Then, you have to keep in mind that customs receive so many items each day, they simply don't have time to check each of them, so, there is a chance that customs will probably miss your hardware wallet and you'll receive it without a problem. Then, you have to keep in mind that the thing that customs prioritize are guns, they mostly care about guns. When they check parcels, their priority is to exclude gun import in the first case.
So, even if hardware wallets become illegal, I wouldn't really worry if I were you. There is a very good chance that you'll receive your HW even if it's in black list.

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July 25, 2023, 08:09:03 AM
 #27

Hardware wallets are not picture frames where you need to display them, if you are having some Bitcoin and you travel down to a country where Bitcoin is banned, all you need to do is keep your recovery seed, don't go around looking for stores that can accept Bitcoin payment, Bitcoin holding has to be secretive, if you don't tell anyone they won't know.

When Bitcoin was ban in my country and I have a bad hardware wallet in my car safe with some USB drives I remember I was stopped and searched by the force but they don't even know what a hardware wallet looks like, they opened the safe in my car and they close it back, all are USB drives to them.

If someone you know talk about bitcoin in a country where it's banned, it's not wrong to deny knowing what Bitcoin is, this is for your own safety.

.
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July 25, 2023, 08:17:50 AM
 #28

Do I understand correctly, crypto is banned in specific country, means it is restricted to trade and mine cryptocurrency only? No one forbids to hold crypto, meaning it isnt against law to buy a hardware wallet. If authorities ask, you can always say that you use that device abroad. I find it stupid to ban holding, that is impossible. What authorities can do if they find a strange looking USB stick near your PC? Confiscate it? But you should not care as long as you have a private key.

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July 25, 2023, 09:47:15 AM
 #29

Why would they penalise you if it’s strictly legalised? Is it legalise or is it banned? They both are way way different mate. Anyhow you should check up with your customs whether hardware like this can be imported or not? It’s just that it falls under electronics category and not a crypto itself. If not then just generate a paper wallet from the VPN and get yourself a safe cold storage for very long period of time or until the time they open crypto channels for you guys. It happens to seem no problem at all. If you get Bitcoin address then you are good to go for receiving the funds. You may not be able to send them since for that you will need to install software wallet or access some exchangers that are banned. But consider this as your cold storage may be.
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July 25, 2023, 12:55:26 PM
 #30

But the best way is that you can try a non-custodial wallet and you don't need to go through various complicated things in having a hardware wallet. And it should be safe to use a non-custodial wallet, because many people in countries that prohibit crypto adoption use non-custodial wallets to store their assets.
A self custody wallet that is online doesn't give enough protection as a cold storage wallet, the op wants to buy a hardware wallet for a better security of their funds, so if they cannot get a hardware wallet, they have to set up their own air-gapped wallet using a self custody wallet like Electrum.

Op, i hope you know your problem doesn't stop at just getting a hardware wallet or setting up an air-gapped wallet, since crypto is banned in your country, you will have to take privacy very seriously, you mustn't buy BTC from any centralized exchange, it must be p2p and if you can, run your own node for privacy.

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July 25, 2023, 12:59:12 PM
 #31

If cryptocurrency is banned in your country but you're interested in buying bitcoin privately and hodl in a hardware wallet and you also needs help on how to get one, well regarding the purchase of a hardware wallet, you can make order for it through international shipping and it will be handed over to you in person, but then you have to be very careful with the way you operate and needs to be more smarter, don't use a centralized exchange and don't let people know about what you're into with bitcoin since it's a decentralized p2p network, unless you exposed yourself, you can maintain being anonymous while using it.

.
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July 25, 2023, 01:16:36 PM
 #32

If cryptos are illegal in your country to a point where it's illegal to own them, and the consequences can be a confiscation of funds and/or prison time and/or a significant fine, I don't think it's a good idea to buy a hardware wallet. I mean, it's likely possible to get one, but that's going to be incriminating evidence in such a country because if a person has a wallet, the authorities have a good reason to suspect that this person also has cryptos. So I side with those recommending a good non-custodial online wallet like Electrum if your choice is to keep and use cryptos in that country.

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July 25, 2023, 03:27:35 PM
 #33

If cryptos are illegal in your country to a point where it's illegal to own them, and the consequences can be a confiscation of funds and/or prison time and/or a significant fine, I don't think it's a good idea to buy a hardware wallet. I mean, it's likely possible to get one, but that's going to be incriminating evidence in such a country because if a person has a wallet, the authorities have a good reason to suspect that this person also has cryptos.
The world has yet come to that point and I never read anywhere, in any nation that a person was arrested because of owning a hardware wallet or store Bitcoin, cryptocurrency at home. Nothing is serious like that so far but if I am living in nations like North Korea, I will be more careful. As I understood, in North Korea, you can be arrested and killed anytime for any reason the government is against you.

Quote
So I side with those recommending a good non-custodial online wallet like Electrum if your choice is to keep and use cryptos in that country.
It is a good advice. Hardware wallet is not the only choice for us. Electrum wallet and other good open source, self custody wallets can help us to use free and don't have to buy a hardware wallet. It is important if buying a hardware wallet is risky for you.

.
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July 25, 2023, 03:42:00 PM
 #34

Why should you choose a hardware wallet when you can still use the app on your computer or phone?
Do you really need the hardware wallet so are you wondering how to send the hardware wallet to your country?
Rather than complicate yourself with that, you are better off using an application or software as a place to store your crypto.
As long as you don't tell anyone about the crypto you have, you are still safe even if your country bans crypto.
But leaving it with your friends who are on vacation abroad or asking your friends who are abroad to send the hardware wallet to your home address can be a solution.
But I don't know how the process of identifying goods sent from abroad reaches your country and is sent to your home address.
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July 25, 2023, 03:44:03 PM
 #35

I am from a country where crypto currencies are strongly legalized. I know about the hardware wallet security it's best for the long-term bitcoin holder. Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
And one more things I wanna know that how can I chose a best budget friendly hardware wallet? 


If it's banned in your country isn't your just putting yourself at risk? Some countries ban crypto industry or blockchain technology to avoid any transactions with decentralized system. In your post you OP, doesn't specified some information so it's hard to give advices and opinions. But based on your post, I think hardware wallet it's not really prohibited you can try searching online first in your country if there's available if there's none then it might not allowed. If that's the case try international orders of course check first if it's legit and for sure it wouldn't be a budget friendly since it's international delivery. And I think they wouldn't even know what's the hardware wallet purpose. Just be careful because once you are caught, you will have some record and they might have an eye for you or in short ban list.

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July 25, 2023, 04:00:01 PM
 #36

Now is there anyway to import a hardware wallet to any country where crypto currencies are illegal ?
No - unless you really want to deal with the authorities who can arrest you for illegal activity. You may be able to import a hardware wallet into a country where crypto is completely banned - but you may need to work with some corrupt government authorities including high-ranking government officials or the police.

But what's your goal? If you want to profit from selling hardware wallets - then trade with countries that don't completely ban crypto instead of threatening yourself with the law in force.

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July 25, 2023, 04:43:40 PM
 #37

Ban or no ban, Bitcoin hardware wallet was meant to be used privately, it increases your level of security for your assets compare to someone who always tell everyone that he has Bitcoin wish can attract criminals to his door or lead to arrest if Bitcoin is ban in the country.

Even if government warned you not to get involve with Bitcoin, how will they know if you do? I think the Ban is for the banks, meaning you can't publicly exchange Bitcoin into your local currency anymore unlike before, this was what happened when crypto was banned in my country and that was when I learned how to use Peer 2 Peer trading.

I think it's the same with what OP is saying, the Ban will only affect your Fiat to Crypto or Crypto to Fiat exchange.

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July 25, 2023, 04:59:12 PM
 #38

You can make one yourself, to avoid being caught for buying one. Just buy yourself a Raspberry Pi zero, a WaveShare LCD display, a Pi zero compatible camera, a micro SD and with a little DIY hand-work, you've made a SeedSigner, which if you're asking me, it's better than a hardware wallet as it's really airgapped.

But, true, if it's illegal, better just get yourself an airgapped machine with Electrum (preferably using Tails as it comes pre-installed).

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July 26, 2023, 05:20:53 PM
 #39

Why would they penalise you if it’s strictly legalised? Is it legalise or is it banned? They both are way way different mate. Anyhow you should check up with your customs whether hardware like this can be imported or not? It’s just that it falls under electronics category and not a crypto itself. If not then just generate a paper wallet from the VPN and get yourself a safe cold storage for very long period of time or until the time they open crypto channels for you guys. It happens to seem no problem at all. If you get Bitcoin address then you are good to go for receiving the funds. You may not be able to send them since for that you will need to install software wallet or access some exchangers that are banned. But consider this as your cold storage may be.
I am guessing that he meant that it is not legalized at all, he may not speak fluent English, one sentence after that he asks how he could get hardware wallet into a nation that made bitcoin illegal. If I read it right, its about living in a nation that made bitcoin illegal and he wants hardware wallet.

I would suggest not doing it, because it doesn't really mean that it is going to work in the end and if you really must, wait until you visit another nation one day and get one there and bring it back, it usually looks like just a usb stick anyway, so it won't get any alarms. I think you can still order it, and maybe there won't be any issues anyway, not like most people know what hardware wallet companies are out there anyway.

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July 26, 2023, 05:41:25 PM
Merited by JunaidAzizi (1)
 #40

Hey, buddy why you do wanna get in trouble?I am seeing you are from my local community, Don't you know what is going on Bangladesh? You should know how people associated with cryptocurrency are being sent to jail.
I am shocked to hear that. Do rules are really that much strict there? Because here crypto is banned but no punishment is finalized by the government and here we have an influencer Waqar Zaka who is promoting crypto and trying very hard to make it legal even though he is the one convinced one of our governments to establish a mining rig house taking electricity from water. The point is, he is the one who said, crypto is not fully banned here.

Because SBP said, we don't have any rules violation here according to our law so we have no reason to ban it but still they banned crypto. If the rules are really that strict and they are following them then we all should avoid such acts that could arrest us.

I would say instead of buying hardware wallets you should give a try to make your own wallet like a DIY hardware wallet but if you are a newbie then it is not advisable. Because it is highly fragile work and mistakes could lose you money too. And as crypto library suggested you to ask someone coming from abroad then it might work like a person coming from India maybe. Overall, I suggest not to take any risks.

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