Basically the one exchange i found in Brazil has a 12% premium on the BTC going price, so doing it that way would be worse than Paypal.
Is there a legit or a way i didn't think of him either sending me money with minimal fee or him obtaining BTC hassle free-ish at normal price?
Is there a legit or a way i didn't think of him either sending me money with minimal fee or him obtaining BTC hassle free-ish at normal price?
From coinbase "Brazil is treating digital currencies as financial assets, with the Receita Federal imposing a 15% capital gains tax at the time of sale.". So as far as a legal exchange in Brazil chances are it will be high percent. Sadly exchanges because of laws cannot work in all countries. So some specialize in certain countries.
Legit way's is paying the extra tax. It sucks but that is the legit way. You could use something such as localbitcoins but you still are going to pay high fees and there is some risk of scams.
So for him to buy it there is going to be more then minimal fee sadly.
Hmm. But he can send money through paypal for 3%~. That would seem better. The problem is paypal also keep an extra 2% on currency conversion. And then i have the turn the paypal money into Bitcoin somehow or find a seller here that takes Paypal.
This sound like a pain. But 12% is being retarded and not doable. The 15% tax explain the price of BTC on Brazilian exchange, however.
Still there has to be a way to transfer fund with smaller amount of fee. If BTC is too expensive then we just have to find a cash way, hmm.
Sadly he is in a country that there is nothing he can do to avoid BTC high prices. You could have him send through paypall and you buy BTC and it's less then the fees on his exchanges.
With his country having this tax there just is not a easy way to get around it. They don't make tax to be avoided, so this is why it is hard.
But whats the best route when the money is in Paypal? Deposit to debit account (very slow) or is there another low fee way to ultimately get BTC from an exchange? Finding seller who take Paypal could be doable but it's not without its challenges.
The getting from different exchange is kinda dreaming, sadly with his country any exchange operating there will have high fees so that is something he cannot avoid.
Paypal is going to have a decent fee aswell as so much risk of seller. I don't think you will find a cheap way of this.
If you have a debit account way I would go for slow vs the huge fee. It is kinda sadly which is the best of these crappy ways, there is not a great one that jumps out as good.
