bayu7adi
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September 14, 2023, 07:22:51 AM |
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In my perspective, when the government imposes restrictions on cryptocurrency, the avenue for purchasing using FIAT currency will become more arduous. Have you had a chance to peruse this thread: " TRADE YOUR BTC TO PAYPAL & CONVERT FIAT CURRENCIES TO BTC HERE"? Over there, @karsyla provides exchange services for BTC - PayPal, both for buying and selling. As long as there's no prohibition on using PayPal in your country, I believe you can still engage in peer-to-peer BTC transactions here with a service boasting a sterling reputation. You just need to have a PayPal balance and a Bitcoin wallet at the ready. However, exercise caution when holding Bitcoin in a country that outlaws cryptocurrencies. For all legal matters and associated risks, make sure it's a full responsibility you can navigate adeptly.
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Fiatless
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September 14, 2023, 07:40:25 AM |
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If you are in a country that don’t is not crypto friendly but yet you as a citizen of that country is a crypto lover, the best thing for you to do is to go look for exchanges that are not restricting people from your country from using it and this exchanges can be more of decentralized as they are not licensed or regulated under any of your government agents.
OP didn't state his country for us to know if cryptocurrencies are just restricted or totally banned. If cryptos are banned it might not be a good action to engage in the buying and selling of the currency. Some nations have criminalised the trading of cryptocurrencies and violating such laws can attract some sanctions. Hence, the safer option will be to avoid dealing in crypto until such a draconian law is relaxed. But if you are a diehard supporter of cryptocurrencies, especially Bitcoin, you have to master the skills of keeping your transactions secret. Therefore you have to perfect the skill of privacy. Some exchanges can also accept the use of a VPN to carry out transactions. But it will be better to use a decentralise exchange such as bisq.
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asyezuner (OP)
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September 15, 2023, 12:26:52 PM |
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how we can sell and parchase crypto like BTC etc can we deposit directly into our account because in my country BTC and all others crypto is not acceptable i her that there are lots of 3rd party platform available for that and also online exchange company corporation
You can also purchase Bitcoin from decentralized as well as centralized exchanges. But, if your country has blocked centralized exchanges then you should consider buying from decentralized exchanges. While it's possible to buy Bitcoin from decentralized exchange but still you should be careful when buying from decentralized exchanges. Still, if you find a good and reputable one then you can purchase from them without any issue. When it comes to centralized exchanges then my experience with Binance has been good so far, but still I won't vouch for anyone. Do your own research and then purchase Bitcoin. yes a agree with your this option to escrow and also use of decentralized as well as centralized exchanges in lots of openion i also like binance plateform where we can sell and buy lots of crypto
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asyezuner (OP)
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September 15, 2023, 12:32:50 PM |
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how we can sell and parchase crypto like BTC etc can we deposit directly into our account because in my country BTC and all others crypto is not acceptable
What do you mean by not acceptable? Is it illegal to own bitcoin? Where do you live? It is easier to buy bitcoin in a local exchange in your country. If there are no local exchanges, you would have to try to buy using PayPal or some other method. You can try here https://bitcointalk.org/index.php?board=53.0yes in my country our policy makers is make policy is think about itself because if btc and crypto is legal and how they can make black money.
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Texac
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September 15, 2023, 12:45:09 PM |
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how we can sell and parchase crypto like BTC etc can we deposit directly into our account because in my country BTC and all others crypto is not acceptable i her that there are lots of 3rd party platform available for that and also online exchange company corporation
You can also purchase Bitcoin from decentralized as well as centralized exchanges. But, if your country has blocked centralized exchanges then you should consider buying from decentralized exchanges. While it's possible to buy Bitcoin from decentralized exchange but still you should be careful when buying from decentralized exchanges. Still, if you find a good and reputable one then you can purchase from them without any issue. When it comes to centralized exchanges then my experience with Binance has been good so far, but still I won't vouch for anyone. Do your own research and then purchase Bitcoin. yes a agree with your this option to escrow and also use of decentralized as well as centralized exchanges in lots of openion i also like binance plateform where we can sell and buy lots of crypto If you really aren't too concerned about privacy, centralized exchanges like Binance will give you a better bitcoin buying and selling experience. but if you don't want to make your identity public, then decentralized exchanges are the right choice for you. As far as I know, even for those countries that ban bitcoin, I believe they cannot ban exchanges because we can use VPN, but the problem is to make sure that your bitcoin investment is only you know, no one else. one more thing, if you use centralized exchanges, remember that they are just places to trade, buy and sell, not a trusted place to store your bitcoins.
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Helena Yu
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September 15, 2023, 12:51:51 PM |
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If you really aren't too concerned about privacy, centralized exchanges like Binance will give you a better bitcoin buying and selling experience. but if you don't want to make your identity public, then decentralized exchanges are the right choice for you.
As far as I know, even for those countries that ban bitcoin, I believe they cannot ban exchanges because we can use VPN, but the problem is to make sure that your bitcoin investment is only you know, no one else. one more thing, if you use centralized exchanges, remember that they are just places to trade, buy and sell, not a trusted place to store your bitcoins.
Most of the cases when the government is ban Bitcoin, the centralized exchange also restrict the country to access their site, if @OP use VPN, it means he broke the exchange rules. When the exchange ask KYC, then what you can do here? you can only let all of your coins gone. If you admit you were live on the restricted country and you provide your KYC, there's a chance if the exchange report to your government, you could get jailed.
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Texac
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 02:34:17 PM |
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If you really aren't too concerned about privacy, centralized exchanges like Binance will give you a better bitcoin buying and selling experience. but if you don't want to make your identity public, then decentralized exchanges are the right choice for you.
As far as I know, even for those countries that ban bitcoin, I believe they cannot ban exchanges because we can use VPN, but the problem is to make sure that your bitcoin investment is only you know, no one else. one more thing, if you use centralized exchanges, remember that they are just places to trade, buy and sell, not a trusted place to store your bitcoins.
Most of the cases when the government is ban Bitcoin, the centralized exchange also restrict the country to access their site, if @OP use VPN, it means he broke the exchange rules. When the exchange ask KYC, then what you can do here? you can only let all of your coins gone. If you admit you were live on the restricted country and you provide your KYC, there's a chance if the exchange report to your government, you could get jailed. That is not entirely true, not all exchanges cooperate with the government to comply with government regulations. because not all exchanges are headquartered in all countries where they operate. if the exchange truly complies with government regulations, why can't the government do anything to claim the rights of their citizens when FTX goes bankrupt? Furthermore, using a VPN is also useless when you use an exchange that has removed your country from their active list. you won't be able to verify your KYC accounts so how can you use them?
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coinerer
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 04:19:05 PM |
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how we can sell and parchase crypto like BTC etc can we deposit directly into our account because in my country BTC and all others crypto is not acceptable i her that there are lots of 3rd party platform available for that and also online exchange company corporation
You can check P2P service on Binance and kucoin. And you can check there if p2p option is enabled for your country's currency, if so you can easily buy bitcoins and other cryptos from there through mobile banking or bank transfer. In this case, even if crypto is banned in your country, you can easily buy and hold them. However, if your country has strict legal measures against crypto users, be careful with p2p transactions. Especially trade with those who have 30 days trading record Hughes.
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m2017
Legendary
Offline
Activity: 1918
Merit: 1383
keep walking, Johnnie
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 04:29:24 PM |
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To sell BTC, you can use a cryptocurrency exchange or a P2P platform like Coinbase, Binance, Kraken, or LocalBitcoins. On an exchange, create a sell order, specify the amount you want to sell, and choose a price. On P2P platforms, you can find buyers and negotiate directly.
Correction: LocalBitcoins is no longer available for exchange. This is no longer available at all. The platforms you listed are not the best in terms of confidentiality, because these centralized cryptocurrency exchanges in the first place, and not p2p platforms. These acquired these functions much later. For direct exchange of p2p between bitcoin users, bisq is better suited. The times of direct p2p bitcoin exchange in cafes are far behind us and no one will do that now. In any case, you will have to use some kind of exchange platform. As a last resort, you can use bestchange aggregator, which offers exchangers (intermediaries and guarantors of security of transactions between users).
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Jon_Hodl
Member
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Merit: 93
Humble Bitcoin Stacktivist
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 04:47:04 PM |
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IMHO, the best way to buy bitcoin in any country in the world is RoboSats. There is absolutely a learning curve and it requires some bitcoin in a lightning wallet in order to be able to use the platform but it offers the highest level of privacy as well as the largest number of fiat or crypto currencies in the world and with the lowest technical requirements to run the service. All you need is a Tor browser and you can buy/sell bitcoin in any country in the world and accept any payment tool or currency in the entire world.
It truly is a thing of beauty.
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I'm here to chew bubblegum and stack sats....and I'm all out of bubblegum. - Learn More About Bitcoin: What Is Bitcoin?
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tjtonmoy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 16, 2023, 06:58:57 PM |
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There are a lot of methods available for buying Bitcoin. I will try to keep it simple so that you understand the pros and cons of these methods.
Centralized Exchanges: You can buy or exchange Bitcoin in many centralized exchanges. They are well known and most of the people use it. If you use one from the top list, you will be safe but no promises. Anything could happen to centralized platforms. It requires KYC and this could be a problem and could compromise your privacy if there's any data leak.
Decentralized Exchanges: No need for KYC and you can buy and sell easily. Your key, your coin. you can keep your privacy and coin safe. But they are not that much popular so people have a hard time trusting them.
P2P: You buy face to face and there are no issues for fraud or scam. Easy and secure transactions without compromising your privacy. You can do this online too. But that is not recommended. As you are from a country where Bitcoin is banned, law enforcement people can lure you into going there. So verify before doing this.
Using this forum: You can find people from your country in the local board section. They can provide you with the best option. Internal transactions will make it less suspected. Be careful of scammers. Use the escrowed option or find someone with a good reputation in this forum.
Choose the one that best fits you. Hope this helps.
And to keep your BTC safe, use hardware wallets. They are the most secure. Don't cheap out while buying tho. Cheap ones often scam people. Buy branded one and from official site.
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jaberwock
Legendary
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Merit: 1074
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September 17, 2023, 07:40:41 PM |
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it would help if you actually mentioned your country instead of keeping it vague. We're not playing guessing games here. As for your badly written question, the answer is yes, there are many third-party sites and online exchange companies that help people buy and sell crypto, especially in places where it's not officially accepted. Some people use peer-to-peer platforms, while others choose to exchange money with people in other countries. They then use different ways to move their money. Again, though, this advice is pretty general since I don't know where you're from. Be more clear next time ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) This is needed before we get started because what if cryptos are banned in our country? Our knowledge can only go to waste although maybe for now, because there might be a chance that our country will soon allow it just like what happened with the others. For now I don't want to get involved my self on those underground services because our government might be monitoring them already and we can get in trouble if we do. If cryptos are legal on our place, there are so many ways or places that we can use to be able to sell. Same goes for storing a crypto but I prefer to store it in decentralized places so that we can reduce our chance of losing it.
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The Cryptovator
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Activity: 2338
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Crypto Casino and Sportsbook
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 17, 2023, 07:46:47 PM |
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A better solution is peer-to-peer exchange. Just make sure which p2p exchange is supported in your country and how trusted it is. You need to ask your local board for suggestions. Just ask your forum buddies what they have been using for trading Bitcoin. For storage, it is highly preferable to use a non-custodial wallet; it doesn't matter from where you are going to buy. I have been using Binance's p2p sale and buying Bitcoin, though Bitcoin isn't allowed in my country. Binance is still accessible in my country. But I'm not storing a large amount of funds there; I'm just moving my hardware wallet.
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