Hi, Can some one advise
My friend wanted to invest in bitcoins He wanted to give me say £1000 from his bank and gave it to me in cash, If I was to say put the cash into my bank and set up buying bitcoins from my online account would this be legal? , He has no knowledge on how to buy or trade them..
Thank you
If Bitcoin is legal in your country then of course your transaction will be a legal but better if you teach your friend on how Bitcoin trading and investing will work to ensure the safety of the money of your friend like what if something will happen to you let's say an accident that may cause death and he don't know how Bitcoin will works for sure the capital will be lost because only you know the transactions and the only one who keep the keys.