Pakistan - page 1086. | Bitcointalksearch.org

UmerIdrees

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Quote from: Raja_MBZ on February 25, 2019, 04:07:18 AM

Quote from: Abdussamad on February 24, 2019, 11:04:24 PM

Quote from: Indymoney on February 24, 2019, 01:30:34 PM

Any one have information about bitcoin related debit card which is working in Pakistan I need this very urgently as have some payment stuck which I can withdraw through only card.

I know of no such card. What sort of situation is this that you find yourself in? If you have bitcoin you can send it anywhere. You can sell on localbitcoins and receive money via bank, easypaisa, jazz cash etc. If you don't have bitcoin then try payoneer. It's a solution people use to get money from freelancing sites.

Bitcoin to Skrill and Skrill to Jazz Cash works fine as well (I know someone personally who does this all the time). However, JazzCash does have some low limits, and you'll also have to verify your Skrill account.

I heard this method of converting from bitcoin to local PKR first time.

Bitcoin ---> Skrill --> Jazz Cash

Can you tell me know the fee involved from Skrill to Jazz cash conversion ?

Indymoney

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Quote from: Abdussamad on February 25, 2019, 08:25:36 PM

Quote from: Indymoney on February 25, 2019, 07:24:59 AM

Thanks for both replies but company only paying SEPA or Card payment nothing else so I am afraid I am going to lost this amount.

Payoneer or bitwage are options for you: https://www.bitwage.com/for-individuals/

Edit: SEPA is euro area bank transfers. If they are willing to do bank transfers then why not international wires via SWIFT? Ask them about it. It is unreasonable of them to expect a Pakistani to take euro area transfers since you are obviously not in europe. Note SEPA is very cheap but SWIFT costs significant sums. SWIFT payments of less than a $1000 are not really practical. Expect to lose $40-60 in bank fees.

@Abdussamad thanks for quick and positive reply I am using Payoneer for some time they refuse to accept Financial services base company payment and bitwage is also not good enough for this right now only option any debit card which can accept payment on my behalf.

Abdussamad

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Quote from: Indymoney on February 25, 2019, 07:24:59 AM

Thanks for both replies but company only paying SEPA or Card payment nothing else so I am afraid I am going to lost this amount.

Payoneer or bitwage are options for you: https://www.bitwage.com/for-individuals/

Edit: SEPA is euro area bank transfers. If they are willing to do bank transfers then why not international wires via SWIFT? Ask them about it. It is unreasonable of them to expect a Pakistani to take euro area transfers since you are obviously not in europe. Note SEPA is very cheap but SWIFT costs significant sums. SWIFT payments of less than a $1000 are not really practical. Expect to lose $40-60 in bank fees.

Quote from: Raja_MBZ on February 25, 2019, 04:07:18 AM

Bitcoin to Skrill and Skrill to Jazz Cash works fine as well (I know someone personally who does this all the time). However, JazzCash does have some low limits, and you'll also have to verify your Skrill account.

Is this cheaper than localbitcoins or is he doing it because he's not aware of localbitcoins?

UmerIdrees

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Quote from: lolxxxx on February 25, 2019, 08:15:35 AM

So,

After reading all the comments here.

What is the safest way to convert our bitcoin payments in PKR.

@Abdussamad
@shahzadafzal
@everyone

For me local bitcoins is the best option to convert bitcoins into PKR. The escrow system works perfectly and i personally use this service without any issue after Urdubit was shut down.
The safest way can be any of your trusted person dealing in buying and selling bitcoins privately.

lolxxxx

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So,

After reading all the comments here.

What is the safest way to convert our bitcoin payments in PKR.

@Abdussamad
@shahzadafzal
@everyone

Indymoney

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Quote from: Raja_MBZ on February 25, 2019, 04:07:18 AM

Quote from: Abdussamad on February 24, 2019, 11:04:24 PM

Quote from: Indymoney on February 24, 2019, 01:30:34 PM

Any one have information about bitcoin related debit card which is working in Pakistan I need this very urgently as have some payment stuck which I can withdraw through only card.

I know of no such card. What sort of situation is this that you find yourself in? If you have bitcoin you can send it anywhere. You can sell on localbitcoins and receive money via bank, easypaisa, jazz cash etc. If you don't have bitcoin then try payoneer. It's a solution people use to get money from freelancing sites.

Bitcoin to Skrill and Skrill to Jazz Cash works fine as well (I know someone personally who does this all the time). However, JazzCash does have some low limits, and you'll also have to verify your Skrill account.

Thanks for both replies but company only paying SEPA or Card payment nothing else so I am afraid I am going to lost this amount.

Raja_MBZ

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Quote from: Abdussamad on February 24, 2019, 11:04:24 PM

Quote from: Indymoney on February 24, 2019, 01:30:34 PM

Any one have information about bitcoin related debit card which is working in Pakistan I need this very urgently as have some payment stuck which I can withdraw through only card.

I know of no such card. What sort of situation is this that you find yourself in? If you have bitcoin you can send it anywhere. You can sell on localbitcoins and receive money via bank, easypaisa, jazz cash etc. If you don't have bitcoin then try payoneer. It's a solution people use to get money from freelancing sites.

Bitcoin to Skrill and Skrill to Jazz Cash works fine as well (I know someone personally who does this all the time). However, JazzCash does have some low limits, and you'll also have to verify your Skrill account.

Abdussamad

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Quote from: Indymoney on February 24, 2019, 01:30:34 PM

Any one have information about bitcoin related debit card which is working in Pakistan I need this very urgently as have some payment stuck which I can withdraw through only card.

I know of no such card. What sort of situation is this that you find yourself in? If you have bitcoin you can send it anywhere. You can sell on localbitcoins and receive money via bank, easypaisa, jazz cash etc. If you don't have bitcoin then try payoneer. It's a solution people use to get money from freelancing sites.

Quote from: shahzadafzal on February 24, 2019, 01:48:23 PM

Actually all media and including FMU itself, are referring to the same circulars issued by Sate Bank in April 2018.

Yes I agree SOB is not a law maker, and if we are doing clean business (no money laundering involved) we are good to go. After all Bitcoin is suppose to be all online and anonymous and we can avoid disclosing our personal or physical presence as much as we can...

The SBP is sowing FUD - fear, uncertainty and doubt because ATM they see this as the best way to deal with bitcoin. Apart from that the country has a history of banning new technologies so this just fits into the general backward mindedness of the people. At some point I do expect our law makers to legislate against bitcoin. It's guaranteed to happen because of our history. It's also guaranteed to be openly flouted like most laws in the country.

shahzadafzal

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Quote from: Abdussamad on February 24, 2019, 12:07:16 AM

BTW that last link you included from the FMU site does not call bitcoin illegal either. It is carefully worded to mislead you. Saying something is not legal tender is not the same thing as saying it is illegal. Legal tender has a specific meaning which I suggest you lookup. FYI even dollars, euros etc. are not legal tender in Pakistan.

Actually all media and including FMU itself, are referring to the same circulars issued by Sate Bank in April 2018.

Yes I agree SOB is not a law maker, and if we are doing clean business (no money laundering involved) we are good to go. After all Bitcoin is suppose to be all online and anonymous and we can avoid disclosing our personal or physical presence as much as we can...

Indymoney

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Any one have information about bitcoin related debit card which is working in Pakistan I need this very urgently as have some payment stuck which I can withdraw through only card.

Abdussamad

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FIA itself is insecure about it's position on this matter because it is not illegal to buy and sell bitcoin in pakistan:

https://propakistani.pk/2018/02/06/fia-recommends-govt-declare-bitcoins-illegal-pakistan/

Also I suggest you visit localbitcoins and see for yourself. Trading carries on normally. No one is worried.

BTW that last link you included from the FMU site does not call bitcoin illegal either. It is carefully worded to mislead you. Saying something is not legal tender is not the same thing as saying it is illegal. Legal tender has a specific meaning which I suggest you lookup. FYI even dollars, euros etc. are not legal tender in Pakistan.

shahzadafzal

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Quote from: Abdussamad on February 23, 2019, 11:13:56 PM

SBP doesn't make the laws in Pakistan. It can only prohibit financial institutions from touching crypto. In fact the SBP's ban is unconstitutional because one of the fundamental rights we enjoy is to be able to buy anything we like as long as it's legal. If we had decent sized exchanges they could have taken the SBP to court over the ban. Instead the only exchange we had folded overnight. In India they had large exchanges which took the matter to court and the government over there has had to re-evaluate their central bank's ban.

I wish if that could happen in Pakistan.

You know if we get caught by FIA let say buying or selling crypto, we will spend rest of our life proving innocent. Of course if some big guns are there they can amend the law so until now; the documented law is silent and FIA just know one thing "Cryptocurrencies are illegal", this is the first hand information from FIA Cyber wing in Islamabad, I got it personally.

Same statement from Financial Monitoring Unit http://www.fmu.gov.pk/virtual_currency.html

Abdussamad

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Quote from: shahzadafzal on February 23, 2019, 02:30:52 PM

Quote from: Abdussamad on February 23, 2019, 02:21:32 PM

Quote from: shahzadafzal on January 28, 2019, 02:52:40 AM

Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.

Buying and selling cryptocurrencies is not illegal in Pakistan. Please don't spread lies shahzadafzal

As of April 06, 2018 yes it's illegal, may be there is some new update. I'm not aware.

Here is the official circular from SBP
Prohibition of Dealing in Virtual Currencies/Tokens [State Bank of Pakistan] April 06, 2018
http://www.sbp.org.pk/bprd/2018/C3.htm

SBP prohibits financial sector from dealing in cryptocurrencies, says it will take action on violations. [Dawn] April 07, 2018
https://www.dawn.com/news/1399997

Pakistan bans cryptocurrencies. [Express Tribune] April 06,2018
https://tribune.com.pk/story/1679446/2-pakistan-bans-cryptocurrencies/

SBP doesn't make the laws in Pakistan. It can only prohibit financial institutions from touching crypto. In fact the SBP's ban is unconstitutional because one of the fundamental rights we enjoy is to be able to buy anything we like as long as it's legal. If we had decent sized exchanges they could have taken the SBP to court over the ban. Instead the only exchange we had folded overnight. In India they had large exchanges which took the matter to court and the government over there has had to re-evaluate their central bank's ban.

shahzadafzal

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Quote from: Abdussamad on February 23, 2019, 02:21:32 PM

Quote from: shahzadafzal on January 28, 2019, 02:52:40 AM

Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.

Buying and selling cryptocurrencies is not illegal in Pakistan. Please don't spread lies shahzadafzal

As of April 06, 2018 yes it's illegal, may be there is some new update. I'm not aware.

Here is the official circular from SBP
Prohibition of Dealing in Virtual Currencies/Tokens [State Bank of Pakistan] April 06, 2018
http://www.sbp.org.pk/bprd/2018/C3.htm

SBP prohibits financial sector from dealing in cryptocurrencies, says it will take action on violations. [Dawn] April 07, 2018
https://www.dawn.com/news/1399997

Pakistan bans cryptocurrencies. [Express Tribune] April 06,2018
https://tribune.com.pk/story/1679446/2-pakistan-bans-cryptocurrencies/

Abdussamad

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Quote from: shahzadafzal on January 28, 2019, 02:52:40 AM

Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.

Buying and selling cryptocurrencies is not illegal in Pakistan. Please don't spread lies shahzadafzal

shahzadafzal

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Quote from: UmerIdrees on February 23, 2019, 11:39:27 AM

I do not think Pakcoin has much to do with it. Basically people are scamming in our country with MLM schemes and MLM coins like One coins etc.
Also some people tend to take money and say that they will do trading on your behalf and then run away. There is nothing positive going on taking bitcoins in prospective. Cry

Yeah may be you are right but some where in Pakistan this Pakcoin gang really did a funny scam, you can see it here on youtube https://www.youtube.com/watch?v=toHWNACR23E

They told people, shake your mobile to increase the coins and the whole village was busy shaking mobile, walking or even running while holding their mobile to increase the coins and what really happened you have to watch this Sare Aam episode.

You will laugh how clever scammers are and how innocent are poor people of Pakistan

UmerIdrees

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Quote from: shahzadafzal on January 28, 2019, 02:52:40 AM

Quote from: sumair7231 on January 26, 2019, 04:45:03 PM

trade went well didn't caught up in scam fortunately

Excellent.. but be careful since crypto currencies and any trade in crypto currencies is still illegal in Pakistan.

I will blame PakCoin for this.. .they created the confusion and made all crypto currencies a scam!!

I do not think Pakcoin has much to do with it. Basically people are scamming in our country with MLM schemes and MLM coins like One coins etc.
Also some people tend to take money and say that they will do trading on your behalf and then run away. There is nothing positive going on taking bitcoins in prospective. Cry

irfan_pak10

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Quote from: Tungsten-1 on February 17, 2019, 02:00:46 PM

Quote from: sumair7231 on February 04, 2019, 03:22:13 AM

Quote from: ranamajid007 on February 01, 2019, 12:29:41 AM

Guys how to buy bitcoins/ETH in Pakistan? (don't want to rely on Pakistani exchange so is there any other way?)

i sell on localbitcoins, u can buy there too

never send money first

Yes you are right localbitcoin is a very good exchange in which we can buy or sell bitcoin very easily, and right if a person buy bitcoin on localbitcoin then he need to not send any amount of money till when he receive bitcoin otherwise i think in this exchange still i don't see any scammer it is a very safe and secure place.

Yar bara acha likh letay ho ap. aj kal signature walay local boardsky posts bhy count kar rhy han?

Tungsten-1

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Quote from: sumair7231 on February 04, 2019, 03:22:13 AM

Quote from: ranamajid007 on February 01, 2019, 12:29:41 AM

Guys how to buy bitcoins/ETH in Pakistan? (don't want to rely on Pakistani exchange so is there any other way?)

i sell on localbitcoins, u can buy there too

never send money first

Yes you are right localbitcoin is a very good exchange in which we can buy or sell bitcoin very easily, and right if a person buy bitcoin on localbitcoin then he need to not send any amount of money till when he receive bitcoin otherwise i think in this exchange still i don't see any scammer it is a very safe and secure place.

irfan_pak10

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Quote from: najeeb76 on February 03, 2019, 09:39:05 AM

Quote from: ranamajid007 on February 01, 2019, 12:29:41 AM

Guys how to buy bitcoins/ETH in Pakistan? (don't want to rely on Pakistani exchange so is there any other way?)

do post here if u find some good source

meray pass kuch contacts han logon kay, agar abhy bhy chahye hon to PM me.

Topic: Pakistan - page 1086. (Read 6091320 times)