Quote from: SAL12345 on October 10, 2018, 03:43:12 PM

Hi,
Newbie questions here:

Can I buy bitcoins and load them into an account in Turkey ? Has anyone done it before with a Turkish bank ? Do banks ask questions if I convert bitcoins to cash ? or they will never guess from where the money came from.

Also what's the minimum and maximum I can buy.

Is it cheaper than doing bank transfer ?

Cheers and sorry for this, I tried to look on the forum but no answers.

To begin with, you want to hold your bitcoin in private keys that you control and nobody else knows. Anything else is unsafe.

Bitcoin is cheaper then doing bank transfers especially if we're talking amounts of 600 dollars or more. Maybe the banks will lower their parasitic fees on transfers once bitcoin starts eating into their profits.

There is no maximum bitcoin you can buy (as long as you have infinite money). There is a practical minimum and that is the current lowest possible transaction fee that will get a transaction included in the next block.

Also if you get a small amount of bitcoin like $10 worth and the transaction fee ends up taking 10 cents of it the percentage is going to be greater than if you were to buy $100 worth of bitcoin.

Why are you buying bitcoin?