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Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: yhiaali3 on March 22, 2024, 08:41:45 PM

Title: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on March 22, 2024, 08:41:45 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Aanuoluwatofunmi on March 22, 2024, 09:11:21 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Isn't it not even better with the use of the p2p network in buying bitcoin than using the payment service, considering that such has even been blocked, the part of the reasons why bitcoin remains the most significant digital currency that the people want is because of its decentralization, so i see the process of using any of the payment services as a means of exposing yourself to the public that am intobitcoin and have invested, because your privacy is not safe.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Mr. Magkaisa on March 22, 2024, 09:17:01 PM
         -    Hello op, I have never experienced anything like that, but I tried to research about it in your concern issue, the only thing I knew before was localbitcoins, that's why it's not operational now. I saw something that I'm not sure if it can help you with your problem but try it because it's a class of DEX apps that you may have heard of or it can be just like this but take a look at our link https://lobstr. co/

You can also try this https://stellarterm.com/buy-crypto?code=btc I'm not sure if you can buy it directly here op, good luck I hope I could help somehow.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Dr.Bitcoin_Strange on March 22, 2024, 09:56:22 PM
Well, in my country, Bitcoin is not banned, but people buy Bitcoin or USDT through P2P on some centralized exchange, and after buying USDT, you can use it to buy Bitcoin or any crypto of your choice. 

Also, there are a few platforms in my country that allow citizens to deposit our local currency via bank transfer or card payment. After you make the deposit, you can use the local currency to buy Bitcoin directly on the same platform, and you can withdraw to any wallet you want.There are also other platforms where you can deposit local currency via P2P, and you will have to transfer it to the account number provided. So, in a country where there is no payment service, there are usually some loopholes that crypto users can still manage to use to accumulate their coins. 

There are some casinos that can allow you to deposit via bank transfer, and they can also allow you to withdraw the funds via other payment methods like Bitcoin or USDT. 
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Faisal2202 on March 23, 2024, 03:24:36 PM
Is there another solution based on your experiences?
Please correct me if I am wrong, are you saying you do p2p which means face-to-face or like doing p2p on some centralized exchange or even on DEXs, for example, we do p2p in Binance. I suppose you must have some way to send funds from one account to another (seller of USDT) like we have easy paisa, JazzCash, and even banks can do it. So if you don't have the choice to use these then how do you send funds to the sellers?

Well, what we do is, make p2p on exchange and then use the usdt we bought to buy whatever coin we like. If you don't have the ability to make p2p on exchanges, then I suggest using those wallets or platforms to receive the funds that cost you less or choose wisely from the tokens. There are trx, matic that can cost you nothing but you don't have these as you said you want BTC.

There is a website that you can use where you can send other coins and receive the BTC amount in your receiving wallet. I personally used https://sideshift.ai/ but you can prefer exch too. I hope you got the point.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Crwth on March 23, 2024, 04:04:44 PM
No matter how you look at it, I think the way that you have in your country is just P2P. It's always going to be the case because if you don't have any access to online payments, how are you going to transfer it right?

I'm curious as to where you live because having no online services seems odd. The internet age has been here a while and why is there no payment like that?
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: dkbit98 on March 23, 2024, 09:02:41 PM
Is there another solution based on your experiences?
PeachBitcoin is a nice P2P app that can connect buyers and sellers for bitcoin and fiat currencies, you can make your own offers or accept them from other sellers.
There are few more options like AgoraDesk, and Robosats can be used if you want to save on fees with using Lightning Network.
For stable coins with cheap transactions fees best option is L-USDT. 
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: vegasus on March 23, 2024, 09:57:00 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.
Sorry to hear this bad situation.
But, let me make it clear.
So, in your country, there is no online payment method? IN all transactions or only during crypto/Bitcoin transactions? So when you do P2P, and there are no online transactions, that means you are using cash face-to-face directly, right?

Or what is meant as a whole is just the ethics of purchasing Bitcoin, in the sense of depositing to a certain exchange. Like this, huh?

If indeed online transactions are still quite available for purchasing other crypto besides BTC, then the only way is to optimize P2P for purchasing other crypto (stablecoins as you said). And to be honest, whether in a country where Bitcin is legal, even when it comes to fees, it's the same, the fees are quite large for transfers to private wallets, whether using DEX or CEX.

When you say that the broker then transferred the clone to your Binance account, then that means you used Binance to transact the Bitcoin, right? So, that means no need to go from Binance to DEX first, then to your personal wallet. Because, you can do it directly from Binance to your personal wallet. The important thing is that you can still make deposits to Binance (whether through a broker or other). Maybe what is quite equal is the broker fee, but when it comes to CEX or DEX fees, it will be the same as what is experienced by those of us who can make online payments.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on March 23, 2024, 10:22:20 PM
Please correct me if I am wrong, are you saying you do p2p which means face-to-face or like doing p2p on some centralized exchange or even on DEXs, for example, we do p2p in Binance. I suppose you must have some way to send funds from one account to another (seller of USDT) like we have easy paisa, JazzCash, and even banks can do it. So if you don't have the choice to use these then how do you send funds to the sellers?
We do p2p face to face and not in DEXs. There is a Telegram channel for financial brokerage where you send a money transfer to the broker and then he sends USDT to your address in DEXs and after that you buy Bitcoin or another currency if you like.

I'm curious as to where you live because having no online services seems odd. The internet age has been here a while and why is there no payment like that?
I live in Syria, we have internet, of course, but unfortunately all services are blocked in Syria. As you know, Syria is on the first list of countries banned by the United States for political reasons. Therefore we are banned from all online payment services.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Power420 on March 23, 2024, 11:11:48 PM
As you live in the lower part of your country where online conditions are quite normal. But you can convert bitcoins by buying USDT with a system that only requires a small fee. However you accumulate bitcoins that guarantee your success in the future, you can usually wait until 2025 to buy bitcoins this way. Then surely you can get a big benefit.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Learn Bitcoin on March 24, 2024, 07:11:38 AM
Is there another solution based on your experiences?

We have exactly the same situation. If you want to avoid scammers, you should use p2p services or how you are currently using them. I have been looking for cheap sellers who sell BTC at a low price and I have been scammed by those sellers. So, it is better to pay a little more without being scammed. The cheapest solution is sometimes dangerous.

Even though I do not buy Bitcoin or any other crypto, I have tried some methods to buy it cheaper and got scammed. But sometimes I sell my Bitcoin and I use centralized exchanges to avoid scammers even though it is not advised to use centralized exchanges.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Charles-Tim on March 24, 2024, 09:44:16 AM
Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.
It is surprising that you are not able to purchase bitcoin directly in your country. Why not use decentralized exchanges to see if your country people are there?

Or instead of using centralized exchanges and you do not want to hold on the exchange, why not just use instant exchange like https://exch.cx/

But it is better you use decentralized exchanges to buy bitcoin directly.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: SamReomo on March 24, 2024, 05:27:22 PM
Is there another solution based on your experiences?
No, I believe P2P is the safest solution for those countries where online payment systems aren't present. It's easy to say that you can follow this or that to purchase Bitcoin in a country where you don't have online payment systems but in reality it isn't easy at all.

I suggest you to continue with P2P purchasing and not look for any alternative. If you really want an alternative then you may need a provider that accept local bank transfer and or mobile top-ups, other than that none of the services will work for you.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: MrSpasybo on March 24, 2024, 06:57:31 PM
We do p2p face to face and not in DEXs. There is a Telegram channel for financial brokerage where you send a money transfer to the broker and then he sends USDT to your address in DEXs and after that you buy Bitcoin or another currency if you like.

I live in Syria, we have internet, of course, but unfortunately all services are blocked in Syria. As you know, Syria is on the first list of countries banned by the United States for political reasons. Therefore we are banned from all online payment services.
Fiat-crypto transactions are conducted in two parts:

+ The buyer transfers fiat to the seller.
+ The seller transfers crypto to the buyer.

The 2nd issue is easy to solve because everyone can use the Bitcoin network to transfer BTC.

The 1st issue will be more difficult if you cannot use any internet banking applications. Some countries under sanctions and embargoes also have their own money transfer applications, operated by national banks and not dependent on Visa or MasterCard. In my country, even with Internet banking services, we still have to avoid mentioning crypto-related payment details in the attached message.

I hope you have a good P2P service, where intermediaries accept cash and help others buy and sell crypto more easily. Their reputation will come with a fairly high transaction fee, but that is also acceptable if you consider crypto to be an essential part of your portfolio.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on March 24, 2024, 08:39:26 PM

Fiat-crypto transactions are conducted in two parts:

+ The buyer transfers fiat to the seller.
+ The seller transfers crypto to the buyer.

The 2nd issue is easy to solve because everyone can use the Bitcoin network to transfer BTC.

The 1st issue will be more difficult if you cannot use any internet banking applications. Some countries under sanctions and embargoes also have their own money transfer applications, operated by national banks and not dependent on Visa or MasterCard. In my country, even with Internet banking services, we still have to avoid mentioning crypto-related payment details in the attached message.
Yes, the second problem is very easy, but the problem No.1 is very difficult in the absence of payment systems that accept cryptocurrencies in exchange for fiat. There are some local electronic payment systems here but they do not accept cryptocurrencies.

The main problem is converting fiat to any coin. if there are no online payment services that exchange fiat to crypto then there is only the P2p option.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Primo1760 on March 24, 2024, 10:03:44 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Here is complete similarity of my country with your country My country doesn't have online payment service where I can buy bitcoins.  To buy bitcoins from my country must use my p2p system like you do. I use this same system as you to buy bitcoins but now I don't buy bitcoins that way anymore now I save the bitcoins I earn I don't use it for my family work I do physical work to run my family  I am carrying the expenses of my family with the money of that job. Buying bitcoins using p2p is the best solution where you don't have to hear any problem from anyone you can buy your bitcoins using p2p instantly. It doesn't matter if you have to pay a little fee though.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on March 25, 2024, 10:28:46 PM
Here is complete similarity of my country with your country My country doesn't have online payment service where I can buy bitcoins.  To buy bitcoins from my country must use my p2p system like you do. I use this same system as you to buy bitcoins but now I don't buy bitcoins that way anymore now I save the bitcoins I earn I don't use it for my family work I do physical work to run my family  I am carrying the expenses of my family with the money of that job.
This is really unfortunate, in the end everyone chooses the method that suits their country's situation.

For me, I rely heavily on the Bitcoin that I earn through my participation in signature campaigns here and in the other forum to obtain Bitcoin in the wallet. Of course, this is the best and easiest method, but it is not available to everyone who is not a member of the two forums.

This is our good fortune to obtain Bitcoin in an easy way by writing.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: joniboini on March 27, 2024, 04:01:51 PM
I don't buy bitcoins that way anymore now I save the bitcoins I earn I don't use it for my family work I do physical work to run my family  I am carrying the expenses of my family with the money of that job. Buying bitcoins using p2p is the best solution where you don't have to hear any problem from anyone you can buy your bitcoins using p2p instantly. It doesn't matter if you have to pay a little fee though.
Out of curiosity, why did you stop buying Bitcoin? Or are you saying that you stop trading your Bitcoin for your monthly needs and decide to save it for the future? If investment is your goal, maybe it is a good idea to watch the market at the moment since we're likely in a bull run, especially after the halving. Selling some of your Bitcoin is not a bad idea as long as you know how to enter the market again. I made the mistake of not selling anything in the last 2 bull runs so my wealth doesn't change that much. It is tricky, but I believe it is worth a shot if you're fine with the risk even with P2P trades. But I'm not sure how exactly P2P works in your area so I can't comment on that. I believe Bisq should work even if there is no payment provider that allows you to buy crypto directly. Remember to DWYOR and DYOR though. CMIIW.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Crypto Library on March 27, 2024, 06:04:29 PM
I am actually confused that if internet based banking system is closed in your country then how the payment is made out for online services. Also, since you didn't mention your country, I couldn't even guess which country and how Bitcoin could be traded there. If your country has a ban on online fiat currency banking then I don't see any option to use bitcoin or crypto currency in any way.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Faisal2202 on March 28, 2024, 10:32:51 PM
We do p2p face to face and not in DEXs. There is a Telegram channel for financial brokerage where you send a money transfer to the broker and then he sends USDT to your address in DEXs and after that you buy Bitcoin or another currency if you like.
Hmm the method you have shared, I won't call it face-to-face, as you are not meeting with the seller or buyer, you are just using another means in this case telegram is the mean of making p2p trade, while where payment services are allowed like let's say in Pakistan, if we have payment service, that means we can send money from one person to another using Binance If I want to buy BTC or USDT, I would go to Binance, P2P and then find some seller, open the deal, and then will use payment service to send him money and he will send assets to my exchange wallet.

In this trade, the exchange works as a middleman and ensures fraud-free trade, so why don't you actually use Exchange, for such a purpose if you are able to transfer funds to the broker, BTW you didn't not mentioned the way of transferring it, I hope it would be offline otherwise you are not making sense or I am getting confused!
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: UNIVERSE on March 28, 2024, 11:42:20 PM
Here is complete similarity of my country with your country My country doesn't have online payment service where I can buy bitcoins.  To buy bitcoins from my country must use my p2p system like you do. I use this same system as you to buy bitcoins but now I don't buy bitcoins that way anymore now I save the bitcoins I earn I don't use it for my family work I do physical work to run my family  I am carrying the expenses of my family with the money of that job.
This is really unfortunate, in the end everyone chooses the method that suits their country's situation.
Yes, this is an obstacle for people who want to get involved in the crypto world. Because after all, online payments will really help us in trading in crypto, especially for exchanges. However, if the conditions are like this, brokering is the only way. The risks are like that, it definitely requires quite a lot of fees to pay. But here, if there are a few people who open P2P in that country and are trusted enough, can that help? Or will they also act like brokers because they see this business opportunity? everything went wrong, yeah.

Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Google+ on March 29, 2024, 02:21:31 PM
I am actually confused that if internet based banking system is closed in your country then how the payment is made out for online services. Also, since you didn't mention your country, I couldn't even guess which country and how Bitcoin could be traded there. If your country has a ban on online fiat currency banking then I don't see any option to use bitcoin or crypto currency in any way.
If the online payment system is closed, it will make it difficult for everyone to carry out transactions, even though online payments can make it easier to pay remotely, for example making payments using the online system makes it easier for people to pay taxes from quite a distance and without having to come to the payment location. offline so it will save travel costs which is quite useful.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Litzki1990 on April 19, 2024, 11:10:30 AM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Isn't it not even better with the use of the p2p network in buying bitcoin than using the payment service, considering that such has even been blocked, the part of the reasons why bitcoin remains the most significant digital currency that the people want is because of its decentralization, so i see the process of using any of the payment services as a means of exposing yourself to the public that am intobitcoin and have invested, because your privacy is not safe.
There are some countries where crypto currency is illegal and people of those countries simply cannot use different exchanges even if they want to because all those exchange IPs are banned from those countries. But those who are investors and those who have such restrictions in the country do not stop at this step of the government but they are looking for alternative ways how they can use all these exchanges in some other way. There are some premium VPNs that are very private and generally use all these exchanges. All exchanges have been banned in India but still people in India have not given up on using crypto currency, if there is a will there is a way.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on April 19, 2024, 02:05:59 PM
There are some countries where crypto currency is illegal and people of those countries simply cannot use different exchanges even if they want to because all those exchange IPs are banned from those countries. But those who are investors and those who have such restrictions in the country do not stop at this step of the government but they are looking for alternative ways how they can use all these exchanges in some other way. There are some premium VPNs that are very private and generally use all these exchanges. All exchanges have been banned in India but still people in India have not given up on using crypto currency, if there is a will there is a way.
My problem is the opposite, meaning it is not the government that bans electronic payment services on the Internet or exchanges, but the opposite is true, meaning that it is payment services and exchanges that ban my country, Syria.

Here the problem is more complicated, because even if you use a VPN you will not be able to transfer money from the bank to buy Bitcoin or convert Bitcoin into cash, so the only method available to us in my country here is P2P.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Stompix on April 19, 2024, 03:34:50 PM
We do p2p face to face and not in DEXs. There is a Telegram channel for financial brokerage where you send a money transfer to the broker and then he sends USDT to your address in DEXs and after that you buy Bitcoin or another currency if you like.

You got me and some others pretty confused with this.
You said in the title that you have no online payment services but then how
- Do you send money to that broker?
- how does he manage to get usdt himself?

And from that point there is a lot more to come, like if you have a broker that does this why even bother with usdt and a dex and an extra fee when you could simply buy bitcoins from him, right?

I guess this is more about not having direct access to a cex rather than not having payment services! I expected a situation where you don't have a bank, you don't have a money transmitted anything, and it's all done in cash face to face.

Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on April 19, 2024, 07:37:13 PM
You got me and some others pretty confused with this.
You said in the title that you have no online payment services but then how
- Do you send money to that broker?
- how does he manage to get usdt himself?

And from that point there is a lot more to come, like if you have a broker that does this why even bother with usdt and a dex and an extra fee when you could simply buy bitcoins from him, right?

I guess this is more about not having direct access to a cex rather than not having payment services! I expected a situation where you don't have a bank, you don't have a money transmitted anything, and it's all done in cash face to face.
Sorry if I did not explain my problem well. We have local banks and electronic payment services, but international payment services and exchanges are blocking my country. This means we have the Internet and banks, and we also have Bitcoin and Altcoin wallets, but third-party services (CEXs, DEXs, and payment services) are blocking my country, so I cannot buy or sell Bitcoin.

So when I want to buy Bitcoin, for example, I send USDT to the broker from my wallet (not face-to-face), and he sends me Bitcoin directly to my wallet, and when I want to sell Bitcoin, I transfer it to the broker’s wallet, and he sends me cash via a money or bank transfer to my address (not face-to-face).

I hope the picture is clear now.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: bounceback on April 19, 2024, 09:32:39 PM
I think P2P transaction is most safest for OP behind countries not have payment service, you can directly make transaction with your community or the same country come from and sent to seller trough bank account. You need looking with exchange have support P2P transaction and buy stable coins there, there are not any fees transaction yet but looking the P2P seller have good rate for selling their stable coins.
After purchasing stable coins trough P2P transaction you can but Bitcoin or other altcoin, its easy although not have payment service for purchasing bitcoin.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Captain Corporate on April 19, 2024, 09:46:56 PM
P2P is probably the only way to go, or at least the most common way to go in those nations. In my country we had bank connections with local exchanges for many years, we just wire transfer money into the accounts of the exchanges, including Binance as well, Binance works with Turkiye, so that means we just wire money to our account in Binance, and then we do whatever we want with it. However, I remember back in days when paypal was illegal (still illegal) and exchanges didn't work that way, so we had to do p2p and I had plenty of p2p trades during that period. Its not ideal though, its quite bad.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Fivestar4everMVP on April 19, 2024, 10:31:37 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Well, what you already said, I would say is the only solution for anyone who lives in a place where they can not make online payments, for example, here in Nigeria when crypto currency was still very new, we used to be able to buy crypto directly from exchanges with our bank debit cards and so on, but after a while, international payments with our local atm cards was blocked by the central bank, and crypto trading was banned also, so we all shifted to p2p means of buying and selling our cash for crypto or crypto for cash.

Today and right now, the ban on crypto have not been lifted yet, but online payments have become very rampant and now, we can comfortably buy and sell crypto and make payments through online means without the government knowing exactly which is crypto payment and which is not.

In the nutshell though, if card payment works in your country for international transactions, then it's possible to buy crypto and pay directly with your bank card (if crypto is not banned in your country though), but in a situation where bank card isn't working, then the only effective solution remains p2p.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Stompix on April 20, 2024, 11:16:01 PM
~
Sorry if I did not explain my problem well. We have local banks and electronic payment services, but international payment services and exchanges are blocking my country. This means we have the Internet and banks, and we also have Bitcoin and Altcoin wallets, but third-party services (CEXs, DEXs, and payment services) are blocking my country, so I cannot buy or sell Bitcoin.

So when I want to buy Bitcoin, for example, I send USDT to the broker from my wallet (not face-to-face), and he sends me Bitcoin directly to my wallet, and when I want to sell Bitcoin, I transfer it to the broker’s wallet, and he sends me cash via a money or bank transfer to my address (not face-to-face).

I hope the picture is clear now.

Well, this does make a bit more sense although I don't know how you can get USDT there and not Bitcoin.

But anyhow, a bit of the stuff was cleared up, probably if you would have said from the start something like:
Quote
How to buy Bitcoin in countries that do not have access to crypto exchanges

Yup, sucks and I don't see any other viable method that you can use unless you can temporarily get out of the country, but I have a feeling that is 100x times harder and too expensive given the situation.

Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: yhiaali3 on April 21, 2024, 05:59:50 AM
Yup, sucks and I don't see any other viable method that you can use unless you can temporarily get out of the country, but I have a feeling that is 100x times harder and too expensive given the situation.
Most people here are thinking about immigrating to another country, and many of them have already immigrated because the conditions here are very bad. I thought about immigrating several times, but I was not able to because of my family and many other reasons.

I get Bitcoin from my work here on the forum and other forums, then I convert it to USDT and transfer it to the broker to exchange it into a local currency. This provides me with a good income due to the decline in the value of the local currency against the dollar.

Also, I can work on some exchanges that do not require KYC through a VPN. The situation is somewhat difficult, but the good thing is that the government is temporarily closing its eyes to these matters because it is busy with other matters and because it knows that the situation is difficult for the people.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: MRY on May 08, 2024, 10:50:52 AM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
Well, what you already said, I would say is the only solution for anyone who lives in a place where they can not make online payments, for example, here in Nigeria when crypto currency was still very new, we used to be able to buy crypto directly from exchanges with our bank debit cards and so on, but after a while, international payments with our local atm cards was blocked by the central bank, and crypto trading was banned also, so we all shifted to p2p means of buying and selling our cash for crypto or crypto for cash.

Today and right now, the ban on crypto have not been lifted yet, but online payments have become very rampant and now, we can comfortably buy and sell crypto and make payments through online means without the government knowing exactly which is crypto payment and which is not.

In the nutshell though, if card payment works in your country for international transactions, then it's possible to buy crypto and pay directly with your bank card (if crypto is not banned in your country though), but in a situation where bank card isn't working, then the only effective solution remains p2p.
So far I have seen only 2 countries that give permission to purchase bitcoin directly using your bank card. In my country, if you want to buy bitcoin, you have to buy USD based on the Tether network and send the USD you have to an exchange until finally you can buy it. bitcoin, it is quite complicated because in my country there are still no rules or regulations regarding purchasing bitcoin legally.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: JISAN on May 08, 2024, 06:50:18 PM
I want to know what methods you follow to buy Bitcoin if you live in a country that does not have online payment services.

I live in a country where we don't have any online payment services because they are blocked by payment services, so the only way available here is via P2p.

Bitcoin cannot be purchased directly, so we use other methods, for example by purchasing a stablecoins such as USDT Tron, BUSD.

The purchase is through a broker, who receives a commission of 1-2%, then transfer USDT Tron, BUSD to any central exchange, and then buy Bitcoin at the market price.

The problem is when transfer Bitcoin from the DEX to the wallet, they take a high fees, in addition to of course the broker’s fee. But this is the only solution available here.

Is there another solution based on your experiences?
I don't know which country you live in because I don't think any country has introduced online payment method till now.  However, it is admirable that you are interested in investing in Bitcoin and thinking about Bitcoin. Bitcoin is not legalized in my country yet but we can buy any stable coin from p2p using Binance, Ku-coin exchange like USDT. Although it is possible to buy bitcoins directly, there may be losses from buying usdt and converting to btc. so we buy usdt and then convert it to BTC
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: armanda90 on May 08, 2024, 08:09:39 PM
All countries have any one of legal market with P2P transaction supported such as Binance, Kucoin and OKX, I think if have three kinds of exchange above you can make transaction trough P2P with your community. Some countries have block access or not allowed using but Kucoin and OKX still available for using, buy USDT or stable coins trough P2P and transfer money for your community seller on P2P exchange feature then your will received stable coin to buy bitcoin or altcoin.
I think easily if government not banned some exchange market have feature with P2P transaction, just preparing your account have pass KYC before transaction in P2P.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: Agbe on May 08, 2024, 08:46:01 PM
Is there another solution based on your experiences?
We are yet to experience your experience in my country. The government is trying to make sure that all the Centralized Exchanges should stop or remove the P2p with the local currency from their services and some of them have done that and we are still using the remaining ones and waiting to be delisted. Well the P2p is the main purpose of creating bitcoin so if p2p is working in your country then you can use that then another way you can still get it done is using www.bitcoin.org and their is a buy and sell button and if it is working in your country then you can use that channel or open. Dollar account in your local bank and use it to buy bitcoin online. Though we have not experienced it yet but the way things are going we might and we are figuring out what channels we can use and we discuss to use telegram wallet and other social media platforms to make the trading and that is p2p.
Title: Re: How to buy Bitcoin in countries that do not have payment services
Post by: jeraldskie11 on May 09, 2024, 06:06:45 AM
If the payment services in your Country was blocked and the temporary solution you're making to get the money you earned in this forum is via P2P. Then how it could be possible? The person you are trading with must be there in your Country or should be your friends. Because if you say that the person is from the other Country then the payment services in your Country was not totally blocked. In that case, trading your cryptocurrencies here in the forum is also a best solution since your very concern is high fee. Just make sure that the person is reputable and trusted.