Is it legal to trade on BTC-e?

applemeyer (OP)

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Is it legal to trade on BTC-e?

July 02, 2014, 07:56:17 PM

Considering that BTC-e is not overly concerned with KYC/AML, is it legal to trade there?

CEG5952

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Re: Is it legal to trade on BTC-e?

July 02, 2014, 08:14:23 PM

Quote from: applemeyer on July 02, 2014, 07:56:17 PM

Considering that BTC-e is not overly concerned with KYC/AML, is it legal to trade there?

Unless laws in your jurisdiction make it illegal, then it should be fine. That would be unlikely. KYC/AML standards are to be implemented by the exchanges, not users, so the onus is not on you.

Now, whether no KYC/AML puts a target on BTCE's back is another question. Wink

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millsdmb

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Re: Is it legal to trade on BTC-e?

July 02, 2014, 09:06:13 PM

Purse.io has no kyc/aml and they operate in the USA as far as I know.

And they are awesome too. But ive always wondered...when it will disappear.

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CEG5952

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Re: Is it legal to trade on BTC-e?

July 02, 2014, 11:58:08 PM

Quote from: millsdmb on July 02, 2014, 09:06:13 PM

Purse.io has no kyc/aml and they operate in the USA as far as I know.

And they are awesome too. But ive always wondered...when it will disappear.

That's my main concern with all these wild west bitcoin businesses. I love BTCE and everything, but their KYC policies make me wonder the very same thing about them.

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GreenCoin22

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Re: Is it legal to trade on BTC-e?

July 04, 2014, 03:35:44 AM

It is shocked, BTCE has not requested these like KYC/AML

ruggedman_dan

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⇾ Re: Is it legal to trade on BTC-e?

July 08, 2014, 11:54:25 PM

No KYC/AML but look how hard it is for americans to get usd on there.

That's a natural AML layer of security right there.

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