Post
Topic
Board Beginners & Help
Re: Newbie questions :/
by
Rimcoin
on 12/02/2018, 17:16:38 UTC
Thank you. I am new to Germany, I read online at some forums that it is illegal to upload Photo ID proofs. I wonder how all the Europeans got it verified ?


I can recommend you to use Bitstamp to transfer your money since you are european. Verfication needed aswell.
There you can buy Bitcoin, Ripple and ETH for a Fee of 0,25%

If you want to buy other coins you need to transfer ETH and Bitcoin to another exchange, where you can buy other coins/tokens.
Please be aware leaving any coins or token on exchanges are risky. Especially the less known and audited exchanges.
Bitstamp is one of the better once since they store 98% in cold wallets and checked regularly.

Not sure if it's worth to put up offline wallets for all the different coins since you are not buying in to much.
Up to you how you want to store them. It is always good to split it up a bit, less risk to loose all.



Can you explain to me why it is illegal to upload photo ID proof. You won't be able to buy coins on exchanges without proove your identity.