Users' questions

Is it legal to buy bitcoin in other countries?

Is it legal to buy bitcoin in other countries?

If you are looking to buy, sell, or spend Bitcoin, you should check if it is legal in your country. In fact, there are many countries with different cryptocurrency regulations. Some of them even single out Bitcoin, allowing it to be used as money, pay taxes, purchase goods, or trade it like a commodity.

Is it illegal to sell bitcoin on darknet?

Of course you don’t have to set up your own website to sell goods for bitcoin; there are already dozens of online stores where you can become a vendor with no questions asked. Welcome to the darknet. Despite what mainstream media would have you believe, not everything for sale on darknet marketplaces (DNMs) is illegal.

Who is the owner of BTC global team?

BTC Global Team is purportedly run by Steven Twain. Problem is, other than a very Instagrammy photo of some guy sipping on a milkshake, there’s no evidence of Twain actually existing.

Who is involved with BTC global team Ponzi?

For someone who’s “not promoting” or isn’t “involved” with BTC Global Team “at all”, Andrew Caw certainly pops up quite frequently in connection with the company. While none of this definitively proves Andrew Caw or Cheri Ward created Steven Twain to scam South Africans through, what it does is hopefully point their victims in the right direction.

Are there any countries where Bitcoin is illegal?

There are many countries where Bitcoin is legal. However, the following list contains countries that have banned Bitcoin. Algeria – The country’s law clearly states that “the purchase, sale, use, and storage of any type of virtual currency is illegal”.

Is it safe to trade Bitcoin on Finder?

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content. Our guide to how to spot Bitcoin scams and stay safe when trading and using cryptocurrency. Updated Dec 10, 2020. What changed?

Are there any bitcoin apps that are legitimate?

These apps have even made it into official, legitimate app stores like Google Play, so it pays to do your research before downloading anything to your phone. In December 2017, the Bitcoin community and South Korean authorities exposed a fake exchange known as BitKRX.

What can you do if you just got scammed on Bitcoin?

If a scammer got access to your bank account or credit card, then you can forward a claim to your bank saying it was an illegal transaction.