How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer ?

[LeezHamilton]

How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer  ?

There are many people around the world want to know - How to Buy Bitcoin and Bitcoin ETF Over the Counter  ?   

If you want to Buy or Sell then you need to do a bit research on the Bitcoin and Bitcoin ETF Market.   

Normally 1 BTC is divided to 100 units of 'ETF' . Each unit of ETF is backed by Bitcoin that is collateral to it. When you buy Bitcoin or BTC-ETF please buy from an authorised exchange or trusted seller or agent who you know. 

[SamReomo]

I don't know how to buy ETF peer to peer but surely I can tell you that how you can buy Bitcoin peer to peer. The most recommend way to buy Bitcoin p2p is using a decentralized exchange like Bisq. By using Bisq you can easily buy Bitcoin p2p without even doing any kind of KYC verification.

Other way to buy Bitcoin p2p is by using centralized exchanges, this way of doing p2p buying/selling is preferred to those who don't worry much about doing KYC verification. Most people use Binance as a centralized exchange for p2p trading.

Why to choose Bisq? It's safe and full of privacy as compare to centralized exchanges.
Why to use Binance? It allows you to buy Bitcoin with wide availability of fiat currencies.

[buwaytress]

The older you get, the more ridiculous it gets.

Far as I know, the only ones offering spot ETFs are US licensed brokers. To get those, you need to be able to get an account with them. So if you're not qualified and not US, no access.

P2P? Doesn't exist for ETFs. P2P Bitcoin is the antidote. Not the alternative...

[Frankolala]

How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer  ?

There are many people around the world want to know - How to Buy Bitcoin and Bitcoin ETF Over the Counter  ?  

If you want to Buy or Sell then you need to do a bit research on the Bitcoin and Bitcoin ETF Market.  

Normally 1 BTC is divided to 100 units of 'ETF' . Each unit of ETF is backed by Bitcoin that is collateral to it. When you buy Bitcoin or BTC-ETF please buy from an authorised exchange or trusted seller or agent who you know.  

Your bitcoin buying's and hodlings should be kept private, and that is why you don't need to know the person that is selling to you or should the person that is selling know you. As long as you are buying from an exchange using p2p, only buy from a trader with high orders, and that has reputably completed transactions with high percentage, and fast payment. However, if there is a shop or mall, where you know that buys bitcoin, you can use that instead of an exchange.

For privacy DEX is what should be used to keep your identity safe, but if you don't care about your privacy, you can use CEX. Never let anyone to know how many bitcoin that you have.

[pakhitheboss]

Depends on the country you are based as it is country-specific. In my country, you can buy Bitcoin ETF by going through a process and it is not that bad. In the US you can check this guide which is very detailed. If you are based in a country that allows their citizens to invest in the US market then use this keyword to search Google to find a proper guide.

How to buy Bitcoin ETF in the "your country name"

You should get a few or more articles that will work as a guide to buying Bitcoin ETF. We are a Bitcoin community that is solely interested in buying Bitcoin and not a piece of paper. We won't be able to guide you in buying a piece of paper as we can only guide you in buying Bitcoin depending on the amount you want to invest.

[LeezHamilton]

When you can buy Bitcoin then why do you need to buy Bitcoin ETF ?  you need to explore it properly for good understanding.  The ultimate truth is if you buy Bitcoin you can issue Bitcoin backed ETF and you can trade your ETF to any one who trust you and knows you.

Latter when they want to redeem the EFT to Bitcoin you will be legally liable to transfer equivalent amount of Bitcoin in exchange of your ETF. There after your ETF will become void. Bitcoin ETF is designed to raise fund for a short time for those who are   Corporate Bitcoin Trading Platform or Exchange.  but in reality any one can issue Bitcoin backed ETF, you do not need permission from any government. It is like gold, you can take your gold to Pawn Broker and get a collateral amounts of money. Latter you can pay it back and redeem your gold.

[Cryptomultiplier]

How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer  ?

There are many people around the world want to know - How to Buy Bitcoin and Bitcoin ETF Over the Counter  ?  

If you want to Buy or Sell then you need to do a bit research on the Bitcoin and Bitcoin ETF Market.  

Normally 1 BTC is divided to 100 units of 'ETF' . Each unit of ETF is backed by Bitcoin that is collateral to it. When you buy Bitcoin or BTC-ETF please buy from an authorised exchange or trusted seller or agent who you know.  

Your bitcoin buying's and hodlings should be kept private, and that is why you don't need to know the person that is selling to you or should the person that is selling know you. As long as you are buying from an exchange using p2p, only buy from a trader with high orders, and that has reputably completed transactions with high percentage, and fast payment. However, if there is a shop or mall, where you know that buys bitcoin, you can use that instead of an exchange.

For privacy DEX is what should be used to keep your identity safe, but if you don't care about your privacy, you can use CEX. Never let anyone to know how many bitcoin that you have.

In the case where one gets to buy some BTC or BTC ETF using an exchange, it should be moved to a more secure offline wallet and key phrase should be stored properly so as not to fall into the wrong hands. Also is the fact of secrecy, as telling anyone close may hamper the safety of your coins/asset.

The P2p initiative has been more than effective in ensuring many purchase or trade with anonymity is secure and trustworthy. That's one why for the KYC verification so as to keep the system functioning effectively.

There are also brokers or gurus both in this community and in the real world who help individuals achieve their dream of owning some BTC ETF, and since the launch and approval of ETF projects it becomes necessary to own some and have someone with the right information or updates or signals about the cryptocurrency world and its market season.

[dzungmobile]

How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer  ?

You can buy Bitcoin peer to peer but you can not buy Bitcoin Spot ETF shares Peer-to-Peer.

Because companies that provide Bitcoin Spot ETFs sell their shares through middle companies and they have strict Terms of Service on restricted areas, and limited customer population they serve. Not everyone are able to buy Bitcoin Spot ETFs and you can not sale the shares you have to other people peer to peer.

With Bitcoin, you can because it is a Peer to Peer electronic cash.

[franky1]

When you can buy Bitcoin then why do you need to buy Bitcoin ETF ?  you need to explore it properly for good understanding.  The ultimate truth is if you buy Bitcoin you can issue Bitcoin backed ETF and you can trade your ETF to any one who trust you and knows you.

Latter when they want to redeem the EFT to Bitcoin you will be legally liable to transfer equivalent amount of Bitcoin in exchange of your ETF. There after your ETF will become void. Bitcoin ETF is designed to raise fund for a short time for those who are   Corporate Bitcoin Trading Platform or Exchange.  but in reality any one can issue Bitcoin backed ETF, you do not need permission from any government. It is like gold, you can take your gold to Pawn Broker and get a collateral amounts of money. Latter you can pay it back and redeem your gold.

you have got no clue at all.
a bitcoin ETF is shares that trade on institutional exchanges. which are regulated

as for how you portray the rest of your misinformed narrative
lets clarify

to even offer/redeem bitcoinETF shares. (no i dont mean end user investing) you need to be involved as both a sponsor and a AP(authorised participant, aka agent/broker) of a regulated ETF(if you dont want to become an ETF itself, which is a harder hurdle to climb)

acting as the sponsor, you get to buy some bitcoin and deposit it into a regulated ETF's custodian, only after signing up with the ETF to be a sponsor and AP for them.., then on the ETF's custodian receipt of coins in custody its then for the ETF to hand you a basket of shares

which you then acting as a AP(broker) of the regulated bitcoin ETF get to sell shares to end user investors wanting shares

those shares are not ownership claims of btc for the end user investor. and if you are able to gather enough shares back(unsold or bought back shares from end user investors) to form a basket again, you would need to request a redemption from the regulated ETF if you want to close your position as a broker,
the ETF CANNOT dissolves the shares to give you BTC(in-kind), they have to unlock and sell the BTC and give you cash
in short by entering coin into an ETF you lose control of BTC and wont get it back. you will instead get cash back if you wanted to redeem a basket of shares via dissolving said shares to exit the ETF via the sponsors back door

i feel people like you purposefully say stupid crap, hoping someone will correct you so that you can learn without doing any research on how things actually work
stop being lazy and do the research next time, dont act like a baby wanting to be spoonfed

[Despairo]

Peer to Peer is when you trade something without any third party, while IOU, ETFs etc is already ruin the "Peer to Peer" definition.

To buy Bitcoin via Peer to Peer, you can use Bisq, Agoradesk, Robosats etc, avoid fake P2P e.g. Binance P2P, Paxful etc.

It is like gold, you can take your gold to Pawn Broker and get a collateral amounts of money. Latter you can pay it back and redeem your gold.

It's an IOU, not the actual gold. If the broker has been bankrupt or crisis in your country, I won't be surprised you won't get your gold again.

[sokani]

How to Buy Bitcoin and Bitcoin ETF Peer-to-Peer  ?

There are many people around the world want to know - How to Buy Bitcoin and Bitcoin ETF Over the Counter  ?  

If you want to Buy or Sell then you need to do a bit research on the Bitcoin and Bitcoin ETF Market.  

Normally 1 BTC is divided to 100 units of 'ETF' . Each unit of ETF is backed by Bitcoin that is collateral to it. When you buy Bitcoin or BTC-ETF please buy from an authorised exchange or trusted seller or agent who you know.  

I've never bought a Bitcoin spot ETF, but the link below is a guide on where and how to buy Bitcoin spot ETF and I hope it's helpful.

https://www.investopedia.com/where-to-buy-the-new-spot-bitcoin-etfs-8557203

To buy Bitcoin via P2P, if you value your privacy, then I'd suggest a no KYC decentralized exchange like bisq.network, but if you're okay with carrying out KYC on CEX, then you'd suggest you go for Binance or Kucoin.

[Knight Hider]

P2P? Doesn't exist for ETFs. P2P Bitcoin is the antidote. Not the alternative...

I predict the first scam victim who buys Peer-to-Peer Bitcoin ETF to get scammed this year.

[sheenshane]

P2P? Doesn't exist for ETFs. P2P Bitcoin is the antidote. Not the alternative...

I predict the first scam victim who buys Peer-to-Peer Bitcoin ETF to get scammed this year.

It's regulated and I don't think it becomes a scam since it was made by the SEC.

It's different between the Bitcoin and the Bitcoin ETF.
The true essence of decentralized is on the Bitcoin and the centralized one or regulated one is on the Bitcoin ETF which you don't hold your fund and it's controlled by the exchange.

Don't use any centralized third-party like Bitcoin ETF that is made by SEC, remember always the "Not your key, Not your coins".

[franky1]

P2P? Doesn't exist for ETFs. P2P Bitcoin is the antidote. Not the alternative...

I predict the first scam victim who buys Peer-to-Peer Bitcoin ETF to get scammed this year.

It's regulated and I don't think it becomes a scam since it was made by the SEC.

there is no such thing as "peer-to-peer bitcoin ETF"
any boiler room fake exchange on DEX trying to offer 'peer to peer' etf is a scam by default

[alastantiger]

in short by entering coin into an ETF you lose control of BTC and wont get it back. you will instead get cash back if you wanted to redeem a basket of shares via dissolving said shares to exit the ETF via the sponsors back door

Buying a bitcoin ETF is like buying a brand new a state-of-the-art Tesla with all its remarkable features, only to have Elon Musk retain the keys for you for safety reasons. It is totally pointless for anyone person who would rather shift the responsibility of self-custody of their wealth. I believe that it is a waste of effort trying to convince someone regardless of the their age, 20, 35, 55, 70, or 90, to hold their own bitcoin rather than buying an ETF because if they grasp the issues inherent in the current monetary and financial system fully, all other actions will naturally follow suit.

[franky1]

in short by entering coin into an ETF you lose control of BTC and wont get it back. you will instead get cash back if you wanted to redeem a basket of shares via dissolving said shares to exit the ETF via the sponsors back door

Buying a bitcoin ETF is like buying a brand new a state-of-the-art Tesla with all its remarkable features, only to have Elon Musk retain the keys for you for safety reasons. It is totally pointless for anyone person who would rather shift the responsibility of self-custody of their wealth. I believe that it is a waste of effort trying to convince someone regardless of the their age, 20, 35, 55, 70, or 90, to hold their own bitcoin rather than buying an ETF because if they grasp the issues inherent in the current monetary and financial system fully, all other actions will naturally follow suit.

no
an etf is where TSLA have a warehouse of unsold cars it still owns.. and is then selling TSLA shares based on the combined value of the warehouse divided by the amount of shares..
TSLA shares are not ownership claims of the cars. its just a price ticket of the share of the value of the warehouse.
TSLA shares cannot be redeemed for a tesla car

ETF's is not even a shift of "self custidy" nor "remote-custody".. etf shares have nothing to do with share holders having any claims at all of btc

the reason people choose to buy shares and not own actual btc. is that the shares have same market price exposure of dips and hype
but peoples employment salarys can invest in tax-free shares..

EG
imagine you are a 20% tax band

to buy bitcoin, your employment earnings are taxed.. and then buying bitcoin. when it then profits you have to pay tax on profits
heres an example

your pretax income $40k and want to spend 10% of income on BTC
you get $32k after tax.. so now 10% of money you control is $3.2k
you buy $3.2k of bitcoin at january's $40,000/btc  meaning you only buy 0.08btc
0.08 today is now $4.13k (~51600/btc)
meaning a gain of 930 which after CG tax would mean you get $3944

however
buying a share
10% of the $40k pretax is $4k which is 0.1btc
which sold today 0.1btc would be $5.16k with no tax incurred

$3,944 vs $5,160

[alastantiger]

the reason people choose to buy shares and not own actual btc. is that the shares have same market price exposure of dips and hype
but peoples employment salarys can invest in tax-free shares..

Thank you for the correction and making me understand it better. Basically, enjoying task free gains is one of the upside of buying this shares over buying the real bitcoin. And it will be more attractive for those with retirement accounts than the younger generations.

EG
imagine you are a 20% tax band

to buy bitcoin, your employment earnings are taxed.. and then buying bitcoin. when it then profits you have to pay tax on profits
heres an example

your pretax income $40k and want to spend 10% of income on BTC
you get $32k after tax.. so now 10% of money you control is $3.2k
you buy $3.2k of bitcoin at january's $40,000/btc  meaning you only buy 0.08btc
0.08 today is now $4.13k (~51600/btc)
meaning a gain of 930 which after CG tax would mean you get $3944

however
buying a share
10% of the $40k pretax is $4k which is 0.1btc
which sold today 0.1btc would be $5.16k with no tax incurred

$3,944 vs $5,160

You did a better explanation at this than my college professor. Thanks.

[franky1]

the other thing is..
if you ETF invest using a employers pension plan.. where they offer ETF shares as a option.. and the employer does "contribution match" the $4k(10%) pretax contribution you make can be matched by employer(+$4k(10%)), meaning you are investing into pension 2x shares thus worth 2x of pegged price when its time to retire tax free.
you only paid $4k for 2x of shares last month.. worth a peg of 0.2 equivalence via employer match contributions(0.1 without match).. which if you reached retirement age today would be $10.32k for your $4k spent by you last month, if matched

so yes thats why people want access to a official ETF investment that their employer has access to..  instead of buying a post tax proper asset

[LeezHamilton]

Instead of ETF, I am thinking of BTF, which is Bitcoin Traded Fund.

If some one does not want to sell of their Bitcoin holding can legitimate issue BTF as Bitcoin derivatives and trade to raise fund to buy more Bitcoin. When buyer of BTF want to redeem the BTF then the BTF issuer can pay out the equivalent amount of profit share of their invested money under a contractual business and investment agreement.  

This is what the future of Bitcoin will shape a new horizon in the EFT market place globally.

[franky1]

Instead of ETF, I am think of BTF, which is Bitcoin Traded Fund.

If some one does not want to sell of their Bitcoin holding can legitimate issue BTF as Bitcoin derivatives and trade to raise fund to buy more Bitcoin. When buyer of BTF want to redeem the BTF then the BTF issuer can pay out the equivalent amount of profit share of their invested money under a contractual business and investment agreement.  

This is what the future of Bitcoin will shape a new horizon in the EFT market place globally.

BTF
now your talking about pegged-bridged-wrapped tokens
nothing special.. theres loads of them..

no need to over complicate them
also people dont use pegged-bridged tokens for the same reasons as ETF shares
plus theres no reason to trade in a (so called by you) BTF token pegged to bitcoin when they can just buy proper bitcoin
apart from your BTF platform just doesnt use blockchains so p2p trading could be faster than btc transactions (but then ur just becoming a DEX/CEX).. something that exists already

if you wanted to develop an idea
suggest a token that locks in x# of btc, x# eth, x# [insert other prominent alt]
where the token then CTF(crypto traded funds) is an index of 3 crypto indexs, like a mini S&P or FTSE
but of just 3 sustainable time tested crypto not 500 (though later time tested sustainable crypto can be added to new CTF
EG CTF3  CTF5 CFT500

..
p.s i know you bitcoinmoses, oops leez want to get famous pretending to be associated with core, CSW or creating a coin, but we all know you dont have the skills or knowledge to pull it off

however i leave this post here for other readers to ponder on and get inspired to develop a index fund token of multiple pegged-wrapped-bridged crypto, should they want to