Quote from: Cocobrayy on October 04, 2017, 03:07:15 PM

Quote from: aubert on October 04, 2017, 11:50:24 AM

Quote from: davids on October 04, 2017, 11:00:54 AM

in my country we have local cryptocurrency exchange to convert bitcoin to local currency since they can withdraw to various local banks and the verification is very easy. as far as i know, local exchange service in various country offer different ways of verification and looks hard

The verification is not hard if you are official citizen of the country, you have all the documents that's needed for the verification, they only thing you need to do is to take a photo of them, and upload it to your local exchange.
Some people maybe get bothered by the complication of verifying in their local exchange, but rest assured, it's for the safety of users.

Yes, to improve the security and ease of bitcoin exchange users with local money, service providers offer an offer for users to feel comfortable and secure by preparing original documents and self-portraits, to prevent unwanted things from people who want a crime.

I just cannot cash my bitcoin out. I couldn't find a way to do this in Estonia. Hitbtc says we can use sepa banks, but they want 10k equivalent usd deposit before withdrawing money. I'm confused.