SmkeTester (OP)
Newbie
 Offline
Activity: 15
Merit: 0
|
 |
December 18, 2014, 01:16:03 PM |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
shdvb
Legendary
Offline
Activity: 1606
Merit: 1001
Click the globe below to talk on live chat!
|
|
December 18, 2014, 01:22:53 PM |
|
What pay method u use?
|
|
|
|
xetsr
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
December 18, 2014, 01:34:10 PM |
|
Who is asking for this information? How are you trying to buy BTC (WU / MG, paypal, skrill, cash deposit)?
|
|
|
|
|
SmkeTester (OP)
Newbie
Offline
Activity: 15
Merit: 0
|
|
December 18, 2014, 01:36:34 PM |
|
What pay method u use?
Bank transfer, credit card or paypal. Having said that, I do understand the problem with paypal i.e. charges backs etc. |
|
|
|
|
KingZee
Sr. Member
Offline
Activity: 910
Merit: 452
Check your coin privilege
|
|
December 18, 2014, 11:55:12 PM |
|
What pay method u use?
Bank transfer, credit card or paypal. Having said that, I do understand the problem with paypal i.e. charges backs etc. If you're using Localbitcoins, they ask for such info indeed because of things like chargebacks etc.. Even credit cards can be charged back from your bank, so they need to have your information in such cases. |
Beep boop beep boop
|
|
|
|
Kassenzettel
|
|
December 18, 2014, 11:58:30 PM |
|
in some case even a banktransfer can be chargedback so thats why it's very hard
|
|
|
|
|
|
|
|
zetaray
|
|
December 19, 2014, 04:11:13 AM |
|
It's it part of the KYC (know your customer) policy. It is basically a government requirement most of the time. I think exchanges are receiving far too much confidential information than they need. That us why I sometimes buy from anonymous bitcoin ATM.
|
|
|
|
|
twister
|
|
December 19, 2014, 05:14:59 AM |
|
Licensed exchanges has to answer the government when they're asked, which is why they have to document every buy and sell.
|
|
|
|
Francesca
Newbie
Offline
Activity: 36
Merit: 0
|
|
December 19, 2014, 07:44:34 AM |
|
It's it part of the KYC (know your customer) policy. It is basically a government requirement most of the time. I think exchanges are receiving far too much confidential information than they need. That us why I sometimes buy from anonymous bitcoin ATM.
btc-e may has less kyc rules |
|
|
|
|
|
fastBeast
|
|
December 19, 2014, 11:08:19 AM |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
check if you hase some ATM newar you... http://coinatmradar.com/really good application to find it! |
|
|
|
|
coingamblingreviews
Legendary
Offline
Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
|
|
December 19, 2014, 11:18:59 AM |
|
www.bitsquare.io - This will be so much better than local bitcoins!!
|
|
|
|
zlatanBorec
Member
Offline
Activity: 112
Merit: 10
|
|
December 19, 2014, 11:25:01 AM |
|
bitsquare is it capable to localize bitcoin ATM on google map??? i'm corious to compare with http://coinatmradar.com/, if it have this feature. |
|
|
|
|
SmkeTester (OP)
Newbie
Offline
Activity: 15
Merit: 0
|
|
December 19, 2014, 06:47:39 PM |
|
Great info, i didn't know about atm's, may give that a try.
|
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
December 19, 2014, 06:53:25 PM |
|
The short answer is fiat. Bitcoin does not have rules about identity, but when you mix bitcoin with fiat then all the rules of money apply. Remember that you do can not own dollars. They are not your property but you have the right to use them for transactions. However, using dollars comes at the price of your identity.
|
|
|
|
zlatanBorec
Member
Offline
Activity: 112
Merit: 10
|
|
December 19, 2014, 08:06:49 PM |
|
Great info, i didn't know about atm's, may give that a try.
Usually you can take lowest transaction fees on ATM instead localbitcoin or something else... |
|
|
|
|
|
throwingbones1
|
|
December 19, 2014, 08:17:59 PM |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
i have had good experience with bittylicious & bitbargain, but there are some cheap deals on ebay. |
Without The Hyena The Lion Cannot Be King Of The Jungle
|
|
|
|
VulgusMan
|
|
December 19, 2014, 08:23:17 PM |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
i have had good experience with bittylicious & bitbargain, but there are some cheap deals on ebay. Sorry.... Can you share eBay link? Thanks |
|
|
|
Glob
Newbie
Offline
Activity: 20
Merit: 0
|
|
December 20, 2014, 09:35:13 AM
Last edit: December 20, 2014, 12:11:09 PM by Glob |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
Easy to do chargeback with credit card might be one reason and bitcoin is kind of anonymous so they probably want make sure who they are dealing with. A lot of fraud I can imagine, just ask around and see how many sellers that use ebay have been ripped off by fraudulent buyers using paypal (chargeback or give BS reason to reverse payment). Virwox won't ask you about anything but they have huge fees, so can't recommend them  |
|
|
|
|
|
finnile
|
|
December 20, 2014, 04:55:04 PM |
|
They want to know my income, how much money I have, and they want me to upload my passport.
Why?
I am not asking for credit or anything like that, I just want to buy bitcoin using cleared funds.
Not all sites ask for that information. Only sites like Circle requires it. You could just use smething like localbticoins to make your purchase. |
|
|
|
|
