Where do I bitcoin. Who can I trust with my photo id / bank account

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

If it's available in your state then Gemini might be the best option. They don't crap out all the time and their verification seems to be pretty rapid.

Coinbase is about as big as it gets with Bitcoin so ID theft other than them being hacked isn't a worry.

In my experience crypto businesses ask for far, far more than any other financial outfits. I can open any account elsewhere without having to provide a sperm sample. That's just how it is.

chinapeople

full member

Activity: 172

Merit: 100

Buy with cash localbitcoin. Make sure transact in safe place if a lot of money get endowed

olowshinenine

newbie

Activity: 26

Merit: 0

Hello

I would like to buy bitcoin with USD. I am trying to find a place to do it where I can buy it as close to market value as possible. Coinbase seems fair, but they want so much identification it almost seems sketchy

Is this much identification needed with stock and forex brokers?

With regards to traders who trade daily on gdax kraken bitfinex poloniex, are they all photo identified? If yes wouldn't they be concerned about another Mt.Gox type scenario.

I know there are other options to buy bitcoin like paxful/ wall of coins / local bitcoins - However depending on the amount of USD you want to convert, private sellers may require photo id as well. Why would I want some random person selling me bitcoin over the internet to have my home address birthday and photo id. Seriously.

Id love to learn what members of this board are doing to convert USD to BTC

Thank you

Topic: Where do I bitcoin. Who can I trust with my photo id / bank account (Read 285 times)