Is it really this hard to start out? - page 2.

TryNinja

legendary

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Quote from: boyptc on July 21, 2019, 02:11:14 PM

Where you are living? binance can be used even without passing the kyc but with a limit of 2 btc.

Isn’t Binance for crypto-crypto trading? How is anyone able to buy BTC with USD/EUR/etc with Binance?

Quote from: AdvancedDogPlop on July 21, 2019, 11:41:45 AM

-snip-

Now I want to add a nominal amount of Bitcoin to test it all out but, I am finding it difficult to exchange cash for bitcoin. The 3 websites I tried all want me to upload ID such as passport and driving licence.
I understand the authorities want to regulate the markets but I am only going to trade a small amount.

Is it really that hard to exchange currency for bitcoin or am I missing something?

boyptc

hero member

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★Bitvest.io★ Play Plinko or Invest!

Where you are living? binance can be used even without passing the kyc but with a limit of 2 btc.

AdolfinWolf

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Quote from: 1miau on July 21, 2019, 01:25:40 PM

Other way round it seems to be easier when you want to cash out. For withdrawals Bitpanda from Austria doesn't need KYC for low amounts. They've different tiers depending on how much you want to sell. But buying BTC without KYC is also not possible there: https://www.bitpanda.com/en/limits

If you have an IBAN i think there's a couple sites (Bitonic et al), where you can buy bitcoin without submitting KYC documents.
For SEPA transfers you can try https://cryptovoucher.io/ (Try a low amount first as i'm not entirely sure if they work.)

Otherwise you need to use a P2P exchange (and usually pay a ridiculous rate!) such as Paxful.

1miau

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Currently not much available - see my websitelink

Quote from: Pffrt on July 21, 2019, 12:15:42 PM

You can buy bitcoin in this forum as well. You can buy with paypal, skrill, netellar. Check the marketplace of this forum and find out the best method for you. Don't forget to use escrow.

Would be a good choice and I would also always recommend to use an escrow. According to that list most escrows charge a minimum BTC, not depending on the amount you want to escrow. So I don't know if that would increase the percentage of fees too much for you. I know someone from the German section, he was doing escrow for free for a time but can't say if he's still doing it: https://bitcointalksearch.org/topic/biete-treuhandservice-an-1466069 (Last edit March, 28 2019).

If you're from a country where some ATM are around you can also try this. For low amounts KYC isn't required sometimes (depending on the ATM): https://coinatmradar.com/

Quote from: AdvancedDogPlop on July 21, 2019, 11:41:45 AM

Is it really that hard to exchange currency for bitcoin or am I missing something?

Other way round it seems to be easier when you want to cash out. For withdrawals Bitpanda from Austria doesn't need KYC for low amounts. They've different tiers depending on how much you want to sell. But buying BTC without KYC is also not possible there: https://www.bitpanda.com/en/limits

Pffrt

sr. member

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You can buy bitcoin in this forum as well. You can buy with paypal, skrill, netellar. Check the marketplace of this forum and find out the best method for you. Don't forget to use escrow.

rosezionjohn

sr. member

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Where are you from and what were those exchanges that are requiring you to pass personal information? Maybe try localbitcoins in your area

AdvancedDogPlop

newbie

Activity: 3

Merit: 2

I am new to Bitcoin and want to discover what the fuss is about.
I got myself a Ledger Nano and setup a hardware wallet (I think :-))
Now I want to add a nominal amount of Bitcoin to test it all out but, I am finding it difficult to exchange cash for bitcoin. The 3 websites I tried all want me to upload ID such as passport and driving licence.
I understand the authorities want to regulate the markets but I am only going to trade a small amount.

Is it really that hard to exchange currency for bitcoin or am I missing something?

Topic: Is it really this hard to start out? - page 2. (Read 433 times)