Topic: why is it so hard to buy bitcoin - page 41. (Read 30191 times)
Here in my country, you cant withdraw your btc into cash without any valid id. It is the law here in my country.
Is it really that hard though? There's multiple sites you can buy it form like Coinbase and etc. You could also meet people in real life and try to do some trades
Coinbase requires a lot of information as well. It's hard to make initial purchases and be anonymous at least in America.
I think there are many ways to buy a bitcoin, instead of just using Coinbase, if you think Coinbase requires many conditions, you can search the site exchange, they may not require a lot of requirements only email
It is not so hard, just online most exchangers request the id verification before selling the bitcoins and also the currency still not enough popular right now. You can try localbitcoins or the exchange of this forum to buy Bitcoins
I think in your country bitcoin buying is not so familiar as like in our country .u can buy bitcoins as u want it to be .well u gotta create ur empire if u want to earn it .its tuff to earn it .but to be honest .it s really worth it giving it a tru ..kudoos 
Coinbase requires a lot of information as well. It's hard to make initial purchases and be anonymous at least in America.
In my country, buying and using bitcoins was no deal. I think on the other place it was difficult because bitcoins was not really famillar in that country. Like my friend in japan, she still needs ask his son to buy him a bitcoins here in phillipines, and another reason, i think since bitcoins are not yet legal, only few country are selling bitcoins or few merchants in other country selling bitcoins. I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?
It is a good initiative that some of the exchange sites are doing this but the thing of bitcoin's anonymity will be gone. Because that's why many are using bitcoin because there is no information required for each transaction. And this is kinda awaring for getting their customers information and making themselves like bank. Sooner or later they will be regulated by gov't.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
Meanwhile you probably don't have any problems with giving your personal information to your bank, telephone operator or other services we think are necessary for us to fully 'live' in modern society.this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
From my experiences bitcoin exchanges didn't expect you to give them more info than it is needed to open standard bank account.
Yup I had to bend over so the cable guy could get a sample the last time I needed a repair. Oh no wait... That was when I got my bill.
Either way you have to give out info because governments are trying to regulated bitcoin somehow. Just go to a different exchange that doesn't need it. It'll just cost you a higher premium.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?
It is a good initiative that some of the exchange sites are doing this but the thing of bitcoin's anonymity will be gone. Because that's why many are using bitcoin because there is no information required for each transaction. And this is kinda awaring for getting their customers information and making themselves like bank. Sooner or later they will be regulated by gov't.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
Meanwhile you probably don't have any problems with giving your personal information to your bank, telephone operator or other services we think are necessary for us to fully 'live' in modern society.this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
From my experiences bitcoin exchanges didn't expect you to give them more info than it is needed to open standard bank account.
Well first of all many companies cannot do Bitcoin services because it's anonymous and they have to pay legal taxes. It's also hard because as we want it to be anonymous, we don't want for example to exchange our bank accounts money into it.
I think it is difficult to buy bitcoin because many people are not yet aware of it. They don't know what is it and the uses of it. So it is difficult also to convert it into fiat. I hope in the near future many people will be aware of it so using bitcoin will be more convenient for us.
You can buy bitcoin here in the forum to those users who has positive trust, they will not scam you or to be more secure you can hire an escrow. Those information are needed for you to make a cash out so a bank is involve and the major requirement of it is Identity verification.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?
It is a good initiative that some of the exchange sites are doing this but the thing of bitcoin's anonymity will be gone. Because that's why many are using bitcoin because there is no information required for each transaction. And this is kinda awaring for getting their customers information and making themselves like bank. Sooner or later they will be regulated by gov't.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?
It is a good initiative that some of the exchange sites are doing this but the thing of bitcoin's anonymity will be gone. Because that's why many are using bitcoin because there is no information required for each transaction. And this is kinda awaring for getting their customers information and making themselves like bank. Sooner or later they will be regulated by gov't.
Coinbase requires a lot of information as well. It's hard to make initial purchases and be anonymous at least in America.
I have not really bought any bitcoin in a while, i have been mostly trading this last year. but i have been trying to buy today from localbitcoins and bittylicious and it has been a real challenge. they want photos of me holding cards on localbitcoins and on bitty they need about 4 different forms of id, what is going on.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
this is seriously restrictive to anyone wanting to get into bitcoin, like its meant to be pseudonymous but if the gate ways into bitcoin dont allow that people will be put off.
It seems that some exchange are requiring some identification before buying a bitcoin. It can be a good part for them so that they would know who are their customers and can be used in future purposes. But in the part of customers, this is hassle. And have you ever tried to look for some exchange that doesn't require those things?
Huh. It's not that hard. Well, it's probably restricted by country since the one I use, my local exchange, I could buy btc directly from the exchange without any verification. They do have fees, but it's not that much,(not even 1%). Of course there are daily limits until I verify, but I could buy and even cash out to fiat without verification.
If you really don't want to present an ID, there's always the marketplace here. I don't think it would be too hard finding a seller, as long as you use a very good escrow.
If you really don't want to present an ID, there's always the marketplace here. I don't think it would be too hard finding a seller, as long as you use a very good escrow.
Almost exchange sites need a verification like Identify and selfie verification because it is connected to your bank account if you use credit card. But I know there are still other ways or options for you to buy bitcoin hassle free like linking your Online payment processors e.g Paypal.
Here in my country its not hard to buy bitcoins we can easily buy bitcoin or deposit without asking for our real identity. and i think better to share with us where do you live so that we can know if there is local exchange in your place like in india they have zebpay here in philippines we have coins.ph.
From us or amarican country they have coinbase..
From us or amarican country they have coinbase..
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