Spyke

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View original on lemmy.world

Best place to buy btc?

It seems like everywhere is asking for my ID multiple times and there are multiple international companies involved.

I thought the whole point of blockchain was decentralised so why can't I just buy btc without jumping through a thousand hoops?!?

I tried using bisq but it seems more geared towards traders and you need btc to buy btc :(

any help would be appreciated.

View original on lemmy.world
-21

35 replies

eya
lemmy.dbzer0.com

if gou want actual privacy then get xmr

or yknow, use cash

14

All the people here are talking around the bush.

Nobody mentions a solution.

One that worked for me is mycelium . It has multiple ways for exchanging crypto, one of them is a local personal market. (Balance > Buy/Sell bitcoin > Mycelium Marketplace)

But the rates are obviously worse than the regulated market, where you have to jump through hoops. But that is also in the app.

5

The only real option in this case would be to use an unregulated wallet through person-to-person exchanges which would inherently carry more risks than a normal regulated market. Not my area of expertise however so I'm not sure where you'd start, sorry.

4
discuss.online

I dont think its any more risky to buy btc with cash p2p than it is to buy a lemonade with cash p2p.

2

Ah, yes. Dont buy btc online. Better to find a human in person and do the transaction over a cup of coffee or something

0
lemmy.today

Unfortunately you probably won't find any place to really buy it anonymously. If you have some crypto already you can buy some but without it, you will have to go through some broker.

In the US, know your customer is a big thing so you have to ID yourself before you can buy from the more legitimate companies.

3
lemmy.world

If I had some already, what are the best ways to buy more anonymously?

2

Use any exchange that only needs a wallet then trade the token for bitcoin. The real issue is switching cash to coin.

2

What? Lol just go to a crypto meetup. There's loads of people swapping coins. That's the whole point.

1
monero.town

I really would suggest Monero and you can pick some up from localmonero.co without KYC (ID).

3
monero.town

I agree with the saying that "Monero is what Bitcoiners thought they bought".

4

I am not in any way advertising dope but the operation on the DNM over it is just fantastic evidence at how fucking solidly successful at being as properly encrypted Open Source cryptocurrency doing what it says it does and is.

3
sh.itjust.works

Cash is op

How do I buy crypto? I know a lot of freelancers/digital nomads that get their salary in crypto, and I exchange it for them

2
lemmy.world

If I could use cash I would. The sad reality is that they expect us to be a cashless society within 10 years

4

That will never happen. Lots of cities have made it illegal for businesses to not accept cash.

There will always be a population of consumers who are not able to open bank accounts. And there will always be companies looking to take their cash.

3
lemm.ee

The whole point of Bitcoin is the public ledger. It's never been about privacy.

1
lemmy.world

I understand that but the fact I need to verify my identity to purchase something that is meant to be decentralised seems counter intuitive, no?

0
catloafreply
lemm.ee

No. It's neither anonymous nor decentralized. If you buy Bitcoin, you're interacting with one central Bitcoin blockchain, with identifiable wallets.

1

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