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Author Topic: Buying Bitcoin from a 3rd world country ( Algeria )  (Read 485 times)
lizarder
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July 14, 2024, 09:48:56 AM
 #41

I don't have a Credit Card or debit card so I can't buy from crypto exchanges , and most of sellers ( Instagram pages ) are scammers that don't even know what a Bitcoin is ( btw I talked to an Instagram page he was like Bitcoin is pretty expensive it's 30$ LOOOOL )

So I am trying to find Algerians who could sell me Bitcoin , or anyone who has a solution I would love it .  
If bitcoin is illegal in your country then that means you have to be careful enough in buying so that you don't get involved in the law. But if you are interested in bitcoin then you should be able to check some reputable exchanges and they provide P2P services as a step that you can take advantage of. What is the consideration regarding the legality of bitcoin in your country and that should be the focus so that you don't get into trouble. Buying anonymously is an option so that you don't get into trouble with the law and that should be a priority that you need to consider.

Bitcoin can be bought even though the country where we live completely prohibits it, but sometimes we also have to think about the consequences. Don't spread information everywhere regarding your interest in bitcoin because it can endanger you and try to invest in bitcoin only you yourself know.

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July 14, 2024, 11:25:31 AM
 #42

I don't have a Credit Card or debit card so I can't buy from crypto exchanges , and most of sellers ( Instagram pages ) are scammers that don't even know what a Bitcoin is ( btw I talked to an Instagram page he was like Bitcoin is pretty expensive it's 30$ LOOOOL )

So I am trying to find Algerians who could sell me Bitcoin , or anyone who has a solution I would love it .  
If bitcoin is illegal in your country then that means you have to be careful enough in buying so that you don't get involved in the law. But if you are interested in bitcoin then you should be able to check some reputable exchanges and they provide P2P services as a step that you can take advantage of. What is the consideration regarding the legality of bitcoin in your country and that should be the focus so that you don't get into trouble. Buying anonymously is an option so that you don't get into trouble with the law and that should be a priority that you need to consider.

Bitcoin can be bought even though the country where we live completely prohibits it, but sometimes we also have to think about the consequences. Don't spread information everywhere regarding your interest in bitcoin because it can endanger you and try to invest in bitcoin only you yourself know.
This means that OP needs to keep his dealings with bitcoin secret and not to allow his children or lousy relatives and friends to know that he own bitcoin if not he will get himself into trouble for violating the law.

I lived in a country where bitcoin was illegal and I was still buying and selling bitcoin via p2p trade, but we don't tell anyone that we are into bitcoin and that has become part of me currently because now it is is legalized I don't allow untrusted people to know that I am into bitcoin.

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July 14, 2024, 12:48:04 PM
 #43


This means that OP needs to keep his dealings with bitcoin secret and not to allow his children or lousy relatives and friends to know that he own bitcoin if not he will get himself into trouble for violating the law.

I lived in a country where bitcoin was illegal and I was still buying and selling bitcoin via p2p trade, but we don't tell anyone that we are into bitcoin and that has become part of me currently because now it is is legalized I don't allow untrusted people to know that I am into bitcoin.

I dont think we need to remind or emphasize that too many times to the OP because I'm sure he's from a country that bans bitcoin , he knows his country's laws better than any of us , but if he's still determined to invest in bitcoin , hes certainly prepared for it. What he wanted to know was how to buy bitcoin and avoid getting scammed , and it showed that he was quite careful in his investment journey.

And as we can see a lot of members suggested him different ways to buy bitcoin in his country so I hope he chose the method that suits him best . I also tried searching on google and found that buying bitcoin from op 's country is not as difficult as he thought .

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July 14, 2024, 08:15:00 PM
 #44

Hello everyone ,

So I am in Algeria and I am trying to buy Bitcoin in my country , since we don't have credit cards or debit cards ( yes we don't have that it's a 3rd world country ) I am blocked at this step .

I don't have a Credit Card or debit card so I can't buy from crypto exchanges , and most of sellers ( Instagram pages ) are scammers that don't even know what a Bitcoin is ( btw I talked to an Instagram page he was like Bitcoin is pretty expensive it's 30$ LOOOOL )

So I am trying to find Algerians who could sell me Bitcoin , or anyone who has a solution I would love it .

Thank you for reading this.
Pretty weird situation you are in, but I am guessing that even without a credit card, you could pay for online purchase one way or another through a digital wallet yes?

Check if Binance is not allowed within your country, if it is. Hop in, have yourself be verified such that it allows you to withdraw and deposit money, and then try P2P. Binance's got the safest P2P system out of every exchange out there cause they literally give you back the funds in no time soon as you report the person to be a scammer. In any case, try that. You should have a couple other people within your country or the next who could sell your bitcoin in exchange for your local currency.

I wouldn't suggest going to any other exchange nor "avenues of buying and selling cryptocurrencies" since this world's full of scammers at the bottom who would love to feed off of the scraps of the people who don't know better. Stick to a single option, like binance, no one's gonna hate you for it anyway.

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July 14, 2024, 09:00:50 PM
 #45

I don't have a Credit Card or debit card so I can't buy from crypto exchanges , and most of sellers ( Instagram pages ) are scammers that don't even know what a Bitcoin is ( btw I talked to an Instagram page he was like Bitcoin is pretty expensive it's 30$ LOOOOL )

So I am trying to find Algerians who could sell me Bitcoin , or anyone who has a solution I would love it .  
If bitcoin is illegal in your country then that means you have to be careful enough in buying so that you don't get involved in the law. But if you are interested in bitcoin then you should be able to check some reputable exchanges and they provide P2P services as a step that you can take advantage of. What is the consideration regarding the legality of bitcoin in your country and that should be the focus so that you don't get into trouble. Buying anonymously is an option so that you don't get into trouble with the law and that should be a priority that you need to consider.

Bitcoin can be bought even though the country where we live completely prohibits it, but sometimes we also have to think about the consequences. Don't spread information everywhere regarding your interest in bitcoin because it can endanger you and try to invest in bitcoin only you yourself know.
This means that OP needs to keep his dealings with bitcoin secret and not to allow his children or lousy relatives and friends to know that he own bitcoin if not he will get himself into trouble for violating the law.

I lived in a country where bitcoin was illegal and I was still buying and selling bitcoin via p2p trade, but we don't tell anyone that we are into bitcoin and that has become part of me currently because now it is is legalized I don't allow untrusted people to know that I am into bitcoin.
Well apart from the fact that Bitcoin is restricted, I really don't like talking about Bitcoin on a general sense because it ease and save you from so much unnecessary and unwanted query from people too. By now I think the Op might have solved the issue as the advice of P2P was and  still the most famous way in which one can get his hands on Bitcoin easily even in a country like his.

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lizarder
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July 15, 2024, 03:10:25 PM
 #46

This means that OP needs to keep his dealings with bitcoin secret and not to allow his children or lousy relatives and friends to know that he own bitcoin if not he will get himself into trouble for violating the law.

I lived in a country where bitcoin was illegal and I was still buying and selling bitcoin via p2p trade, but we don't tell anyone that we are into bitcoin and that has become part of me currently because now it is is legalized I don't allow untrusted people to know that I am into bitcoin. 
Now it's easy to keep the transaction a secret because every purchase does not require a third party. No need to talk to anyone about the investment that is lived and he is enough to behave as usual. It is not easy to run investment if the state does not allow Bitcoin or Crypto but he can do it secretly. As most people say that being anonymous can actually protect the investment that is said to run in Bitcoin.

You part of the example because in your country Bitcoin is banned but the interest and desire to continue to invest makes you take that step. For him to be able to take steps like you did so that he can continue to invest even if the country forbids. Just how he tried to keep it a secret and did not talk to anyone about the investment he was running.

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July 15, 2024, 03:30:40 PM
 #47

Hello everyone ,

So I am in Algeria and I am trying to buy Bitcoin in my country , since we don't have credit cards or debit cards ( yes we don't have that it's a 3rd world country ) I am blocked at this step .

I don't have a Credit Card or debit card so I can't buy from crypto exchanges , and most of sellers ( Instagram pages ) are scammers that don't even know what a Bitcoin is ( btw I talked to an Instagram page he was like Bitcoin is pretty expensive it's 30$ LOOOOL )

So I am trying to find Algerians who could sell me Bitcoin , or anyone who has a solution I would love it .

Thank you for reading this.
Pretty weird situation you are in, but I am guessing that even without a credit card, you could pay for online purchase one way or another through a digital wallet yes?

Check if Binance is not allowed within your country, if it is. Hop in, have yourself be verified such that it allows you to withdraw and deposit money, and then try P2P. Binance's got the safest P2P system out of every exchange out there cause they literally give you back the funds in no time soon as you report the person to be a scammer. In any case, try that. You should have a couple other people within your country or the next who could sell your bitcoin in exchange for your local currency.

I wouldn't suggest going to any other exchange nor "avenues of buying and selling cryptocurrencies" since this world's full of scammers at the bottom who would love to feed off of the scraps of the people who don't know better. Stick to a single option, like binance, no one's gonna hate you for it anyway.

As OP said, his country bans bitcoin so there will be no officially and legally operating exchanges. But according to my research and many others, he can access and use the majority of CEX and DEX exchanges without any difficulty. So I also suggested him to use Binance instead of trying to use P2P or any other exchange. Many people will not like this advice because Binance is a centralized exchange but I think for a beginner like OP, Binance will be a safer choice than any other solution.

Also, OP doesn't seem to have too much basic knowledge about bitcoin and the market yet, I think he should spend time cultivating more knowledge about it before continuing his investment journey.

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