How to buy Bitcoin in countries that do not have payment services

[yhiaali3]

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?

[Aanuoluwatofunmi]

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.

[Mr. Magkaisa]

         -    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.

[Dr.Bitcoin_Strange]

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. 

[Faisal2202]

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.

[Crwth]

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?

[dkbit98]

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. 

[vegasus]

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.

[yhiaali3]

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.

[Power420]

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.

[Learn Bitcoin]

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.

[Charles-Tim]

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.

[SamReomo]

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.

[MrSpasybo]

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.

[yhiaali3]

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.