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[Dagov]

Is it legal to exchange Bitcoin directly rather than buying it from a market?
Bitcoin has the benefit of security and trust, making direct Bitcoin trading possible. In addition, bypassing the exchanges' Know Your Customer procedures by dealing Bitcoin directly further eases that load.

 

[Jidemania]

Of course it's legal, no exchange platform would have allowed pair to pair transaction if it's illegal. Although some countries that have ban cryptocurrency might not want to allow their citizens to practice Kai to Kai transaction

 

[Xrin Nightfall]

You may both excahnge and buy bitcoin no illegal things at all. Just think like - it is like buying gold from market or from your friend. Nothing is illegal. You may even earn profit by exchanging to someone else.

 

[Wisdom01]

Are you talking about the peer2peer method of Bitcoin trading , because I feel nothing is wrong in running such kind of trading , in my country ,there are actually no tough rules and laws against that I think , Bitcoin trading is somewhat profitable

 

[btaliat]

There is no illegal way of getting Bitcoin and even other coins. You may decide to do it on the platform or even third party. There are many vendors of crypto coins these days to ease the ways of getting it.

 

[Emmanuel24]

It is legal in exchanging Bitcoin rather than buying it in the market. So the agreement is between you and the person you are transacting with and it is even programmed in the market as peer to peer transaction such as donation is existed in forums websites.

 

[Emmanuel24]

It is legal in exchanging Bitcoin rather than buying it in the market. So the agreement is between you and the person you are transacting with and it is even programmed in the market as peer to peer transaction such as donation is existed in forums websites.

 

[Margery]

And why would I not? Can someone stop? In my opinion, it is your own business how to acquire bitcoin. Buy directly from another user or buy on the exchange paying her commission.

 

[makanaki]

Yes, it is legal to exchange Bitcoin directly rather than buying it from a market. However, it is important to note that when trading Bitcoin directly, you must be aware of the risks associated with it.
It is important to note that when trading Bitcoin, it is not regulated by any government or financial institution, which means that it is not subject to the same laws and regulations as other forms of currency.

 

[usd2m]

Is it legal to exchange Bitcoin directly rather than buying it from a market?
Bitcoin has the benefit of security and trust, making direct Bitcoin trading possible. In addition, bypassing the exchanges' Know Your Customer procedures by dealing Bitcoin directly further eases that load.

I have stopped using any exchange
Buying btc in decentralized exchanges like exodus, atom, trustwallet are better than exchanges with kyc and most exchanges are being closed and bankrupt these days
Don't you remember FTX, LUNA and 3AC, voyager....what happened to all these?

 

[btaliat]

You only need to becareful whether you are buying directly from friends or the market. It is always legal either way but there may be a form of scam in the two ways especially if you are new to crypto. That's why you must not be too quick to confirm reception of coins.

 

[Margery]

You can buy cryptocurrency in different ways. There are plenty of ways. Purchasing cryptocurrencies directly from another user simply adds unnecessary risk to the transaction. And so wa nobody can forbid anything.

 

[Margery]

Yes, it is legal to exchange bitcoin directly with another person, rather than buying it from a market. In most countries, bitcoin and other cryptocurrencies are legal to use and trade, and there are no specific laws that prohibit individuals from exchanging bitcoin directly with one another. However, it is important to be aware of any relevant laws and regulations in your jurisdiction, as these can vary from place to place.But in my country (Bangladesh), it is illegal.

In our country, it is quite legal to work with cryptocurrency, both to buy and to sell. Even in some places, cryptomats are installed, similar to ATMs. True, there is a large commission for the transaction. And in general, talking about the law regarding bitcoin - somehow I don't even know how to say it. He is completely illegal. it is not accepted as a means of payment at the state level. I mean such a moment: I can't pay them for utilities, for example.

 

[Opeyemi Abduraheem]

Nothing is illegal in purchasing Bitcoin you may buy it directly or you prefer to buy it in the market. The direct purchasing of Bitcoin can be so easier to the extent that you will not feel any huddle unlike when you buy it in the market that you have to fulfill some condition before it is been sold to you

 

[Margery]

Nothing is illegal in purchasing Bitcoin you may buy it directly or you prefer to buy it in the market. The direct purchasing of Bitcoin can be so easier to the extent that you will not feel any huddle unlike when you buy it in the market that you have to fulfill some condition before it is been sold to you

To be honest, I have never directly bought directly from users. Both bought and sold only on the cryptocurrency exchange. Moreover, we have our own in Ukraine. I have been working with her for over five years now. And yes, I also took it through exchangers. But there were sums, it's not even worth talking about.

 

[btaliat]

Yes, it is legal to exchange bitcoin directly with another person, rather than buying it from a market. In most countries, bitcoin and other cryptocurrencies are legal to use and trade, and there are no specific laws that prohibit individuals from exchanging bitcoin directly with one another. However, it is important to be aware of any relevant laws and regulations in your jurisdiction, as these can vary from place to place.But in my country (Bangladesh), it is illegal.

You mean it is illegall to trade in cryptocurrency in Bangladesh? I have read more about the country and I read about strict policy and adherence of Islamic tenets. May be they think crypto has some element of what is not allowed in their religion.

 

[Wisdom01]

Nothing is illegal in purchasing Bitcoin you may buy it directly or you prefer to buy it in the market. The direct purchasing of Bitcoin can be so easier to the extent that you will not feel any huddle unlike when you buy it in the market that you have to fulfill some condition before it is been sold to you

nothing is illegal in purchasing Bitcoin , the thing is the person should be purchasing from a legit source and not in an illegal way or manner , Bitcoin is even one medium many have been using to earn more money for themselves no doubt

 

[Opeyemi Abduraheem]

Bitcoin or cryptocurrency currency is a means of getting earning. people are looking for the site where they can sell or buy Bitcoin and that's what happened to the illegality or good site. You have to know the scammers sites ,so that you will not run to it.

 

[Opeyemi Abduraheem]

Bangladesh government should direct their scholars to study Islamic finance. Especially day modern-day Islamic finance before they can totally banned cryptocurrency in their country. this one will set them out and their reason to manage the business security is not coming from a scammer site . Bitcoin is the other form of business . If you can take the risk , bear it in mind that business itself is also a risk.

 

[Wisdom01]

Bitcoin or cryptocurrency currency is a means of getting earning. people are looking for the site where they can sell or buy Bitcoin and that's what happened to the illegality or good site. You have to know the scammers sites ,so that you will not run to it.

Yeah Bitcoin and cryptocurrency seems to be a diverse method many takes to earn more money, like the opportunities attached to earning from Bitcoin or cryptocurrency is really amazing and more