Post
Topic
Board Legal
Re: Buy bitcoin for someone else?
by
deppil
on 13/12/2018, 03:16:02 UTC
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


I think buying bitcoin won't be that complicated by thinking about legality and tax. if your friend's money is already in your bank account. you only need to make a deposit on the exchange site and buy bitcoin. and you can give that bitcoin to your friends. just simple like that