Post
Topic
Board Legal
Re: Bitcoin and ID
by
marcbitcoins
on 08/10/2017, 00:47:50 UTC
Many Bank only allow +18 users to use money services is right for you?

so if this right bitcoin not need ID so under 18 years can use it

There is no need to provide ID for international transactions like signing up for a trade site and creating your own bitcoin wallet abroad because for them your coins deposit is the most important but in local transactions like in our country in which the need of local wallet is a must to receive bitcoin from outside we are strictly required to submit ID by our local wallet site so that we could maximize our withdrawal in fiat. This is maybe to prevent money laundering and other bad elements activities that might be happen.