During the time my country's government placed a ban on crypto activity in my country we were still able to trade using P2P.
In your profile make sure you give a warning instructing potential buyers not to include anything pertaining to crypto while making payment so if they're paying with bank transfer they should just proceed with the transfer without adding crypto term to it. And that way we were able to continue our trades without the bank noticing anything suspicious.
Although, I don't know how strict the ban is in your country but I believe this might work.
Topic: Threads on local currency with bitcoin! - page 2. (Read 162 times)
If the banks in your country enforce the laws so strictly and block your account for only $300, then you simply have to exclude them as an option when trading with Bitcoin. One of the options is to trade personally face to face, because that is the only way in which you completely bypass the system, unless your government gets involved and instead of a legitimate buyer you meet an undercover government agent.
Another option that comes to mind is to try to get a card that you can use to withdraw cash from an ATM, some CEXs offer such an option, and there is also a more expensive option in the form of anonymous bank cards. However, even that is not a 100% safe way to stay under the radar, because if your government wants to know who is withdrawing cash from the ATM, believe me, they will find a way to find out.
Another option that comes to mind is to try to get a card that you can use to withdraw cash from an ATM, some CEXs offer such an option, and there is also a more expensive option in the form of anonymous bank cards. However, even that is not a 100% safe way to stay under the radar, because if your government wants to know who is withdrawing cash from the ATM, believe me, they will find a way to find out.
The ideas of many countries not supporting bitcoin has affects many individuals trading like in my country crypto currency is banned and we can't trade anything relating crypto with our local account. Because use our local account to do deposits and withdraw backs to our local account but the government give orders to block and seized income anyone traced with activities of bitcoin and altcoins. So is really big concerns trying to initial fair trade with people or even host a campaign.
Like one of my experience, I was doing P2P from financial apps to my BTC wallet and use it to trade, then when I want to withdraw, I also use P2P to my local account. One day I withdraw $300 to my account and it was block by my bank, I didn't have access to my money, when I went to complain I was issued a threat to arrest me if i continue with that activities of crypto currency and since then my money was seized but someone help me to sort it out. So we really facing this challenge to trade bitcoin.
What do you suggests to solve or amend easy way trading? With our government policies
Like one of my experience, I was doing P2P from financial apps to my BTC wallet and use it to trade, then when I want to withdraw, I also use P2P to my local account. One day I withdraw $300 to my account and it was block by my bank, I didn't have access to my money, when I went to complain I was issued a threat to arrest me if i continue with that activities of crypto currency and since then my money was seized but someone help me to sort it out. So we really facing this challenge to trade bitcoin.
What do you suggests to solve or amend easy way trading? With our government policies
Jump to: