Be careful with cryptos. The last time I spoke with my sister, she told me the son of a couple she and her husband knew killed himself after losing everything in crypto currency speculation.
ManicPanic2018
Night of the final day
- Sep 11, 2022
- 182
Bittylicious is where I used to buy (UK). This was a few years back, fees were kinda steep and you will need ID to buy.
wljourney
Waiting for the bus
- Apr 2, 2022
- 1,419
It depends on where you live (country).
Many countries have now introduced regulations to protect consumers from losing their money and also to prevent money laundry/criminal activities.
This means that for crypto companies it is more work to set up new users and "watch" what their customers are doing. They are required to follow more rules (like reporting suspicious transactions to the government/authorities) which means it is more expensive to run their business.
Some don't want or can't provide that kind of oversight, so some crypto companies have decided not to offer their services in specific countries.
Be careful and read the terms & conditions!
Some organizations offer that you can BUY crypto through them and keep it in a wallet (same as a bank account), but then they won't allow you to SELL your crypto currency and exchange it back into "normal" currency like GBP or EUR or USD etc to move it back into your traditional bank account.
You don't want to get stuck with a whole lot of crypto currency when the market goes down. You want to be able to pull out quickly without having to set up another account first (which can take a few hours to a few days).
Many countries have now introduced regulations to protect consumers from losing their money and also to prevent money laundry/criminal activities.
This means that for crypto companies it is more work to set up new users and "watch" what their customers are doing. They are required to follow more rules (like reporting suspicious transactions to the government/authorities) which means it is more expensive to run their business.
Some don't want or can't provide that kind of oversight, so some crypto companies have decided not to offer their services in specific countries.
Be careful and read the terms & conditions!
Some organizations offer that you can BUY crypto through them and keep it in a wallet (same as a bank account), but then they won't allow you to SELL your crypto currency and exchange it back into "normal" currency like GBP or EUR or USD etc to move it back into your traditional bank account.
You don't want to get stuck with a whole lot of crypto currency when the market goes down. You want to be able to pull out quickly without having to set up another account first (which can take a few hours to a few days).
I only want to use it to buy a chemical online that a. I don't really understand it all.
Thanks
Thanks
ManicPanic2018
Night of the final day
- Sep 11, 2022
- 182
Where are you planning to buy from may I ask? Most dark net sites are moving away from bitcoin and onto xmr. If its an individual seller asking for it, it sounds like a potential scam.
i like paxful for buying btc, you buy from individuals at a good rate using many payments methods including anonymous ones. then you can exchange to xmr via flyp.me
right now's a good time to buy as (in my opinion) the price isn't likely to drop further down at this moment, but it in a few days it could rise by a bit then quickly fall again as happened a few times already these past few months. but in any case in order to avoid loses it's best to buy the same day you'll be making the purchase (of n im assuming)
right now's a good time to buy as (in my opinion) the price isn't likely to drop further down at this moment, but it in a few days it could rise by a bit then quickly fall again as happened a few times already these past few months. but in any case in order to avoid loses it's best to buy the same day you'll be making the purchase (of n im assuming)
