How To Buy Bitcoin With PayPal (2020 Update ...

Creating A Crypto Exchange With No Photo ID (need your opinion)

Hello,
recently I tried buying bitcoin from a cryptocurrency exchange called coinoco. The exchange claimed that I could buy bitcoin without any kyc verification. Needless to say that this "exchange" is a fraud and they scammed me. I ended up getting my money back, but the experience made me want to actually create a crypto exchange that does not require ID. I have ID and I am registered with binance and coinbase, but I just wanted to see if there was any exchange that does not require it in 2020 and sadly their isn't. When I say there are no exchange that don't require kyc, I mean that there are no exchanges that accepts credit/debit cards with no kyc. Localbitcoin and similar services sell bitcoin for too high of a price, you can't really use your debit card directly. You can use like PayPal, but more sellers want you to be KYC with PayPal so what's the difference.

My vision is to create a crypto exchange where people all over the world can buy bitcoin using their debit cards and they will not need to send me their ID. I know why KYC is a thing, it's because of international KYC and AML laws. I think I found a way around this. So for my exchange project I am working on users will need to submit a selfie of themselves doing a particular pose. Once the selfie is taken I will verify your account and you can buy bitcoin, eth, xrp or any crypto I list. Once you make the purchase I will than ship the crypto to your house. By this I mean, I will write on a piece of paper the steps you need to take to receive your crypto. I am thinking about using binance as a service, buying 500 BNB tokens to lower my fees and buying the cryptos off of binance and just creating other exchange accounts where I can send the crypto to that exchange account. Once the crypto is on that exchange account I will write down the username and pw of that account on a piece of paper and ship it to the person and he will than have access to his crypto.

Why do I need to ship it? Shipping would relieve me of the KYC and AML laws, this is why I won't need your proof of address or ID (It will also help with chargeback claims). The shipping, using USPS, should take no more than 1- 3 days since it's just a piece of paper in an envelope.

I know there are a lot of people world wide without ID or bank accounts (This is why I may also do a variety of payment methods like western union, cam pay, etc.) so I believe my service would be useful to them. I was wondering what you guys opinion on this is. I am also scared that their might be any legal issues.
submitted by Zhenphos1 to CryptoCurrency [link] [comments]

Binance Tutorial deutsch - Anleitung zum Kaufen und ... Tutorial Binance P2P - como Comprar e Vender Bitcoin com ... Binance P2P comprar Bitcoin con PayPal, Payeer, Mercado ... How to buy Bitcoin using PayPal! I will show you how, lots of fees, but completely safe. How To Withdraw Cryptocurrency to PayPal, Skrill and other! Withdraw your Crypto today! How to transfer Bitcoin to PayPal, without coinbase! - YouTube

Bitcoin has been around for over a decade; in that time, a plethora of ways to buy Bitcoin have cropped up. One relatively uncommon method is to use the In this "how to buy Bitcoin with PayPal" guide, I am going to show you five different platforms in which this option is available.I’ll also give you some of the advantages and disadvantages of using each of them.. When Bitcoin was created in 2009, it was almost impossible to purchase during the first few years of trading.This was because there were hardly any exchanges that sold cryptocurrency! One of the biggest problems today in Bitcoin is the fact that it can’t be bought very easily. PayPal has been very unfavourable of Bitcoin in the past 2 years and it’s still a problem to find credible places to buy Bitcoins with your PayPal account. There is a simple reason why PayPal won’t allow this. There are many chargeback cases ... In our latest Bitcoin news today, we will explain the process of buying Bitcoin with PayPal as it could be ubiquitous as a payment system 26 Monday October 2020 About Cohen highlighted that, in some cases, a chargeback for credit cards are possible a full 18 months after the transaction was made. He further highlighted the two types of classification of credit ... 5 Ways to Buy Bitcoin with PayPal. In this article, I will go over some of the best ways to Buy Bitcoin with PayPal. This way you can easily pay for bitcoin using your PayPal account and transfer the bitcoins to an exchange or to your wallet for safekeeping. 1. LocalBitcoins. LocalBitcoins is a peer-to-peer market for buying and selling bitcoins. Trading Bitcoin for Litecoin on Binance. If you have followed my step-by-step instructions so far, you should now have a Binance account that is funded by Bitcoin. The final part of my ‘how to buy Litecoin with PayPal’ guide is going to look at how to make a Bitcoin-to-Litecoin trade on Binance! Compare 5 Sites to Buy Bitcoin With Paypal ️ US + UK ️ No Fees ️ No ID Required ️ The SECRET To Buying BTC in Under 5 Mins.

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Binance Tutorial deutsch - Anleitung zum Kaufen und ...

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