Post
Topic
Board Web Wallets
Re: Doers it matter what country you are in for wallet?
by
btccashacc
on 11/01/2020, 15:54:16 UTC
then you should remove web wallet as an option ,i dont think we really need web wallet if there are wallet already and dont have a 3rd party it is more secure than webwallet.
The only things why many people use that and risk to make a KYC is for the convertion to fiat currency.
However, we still need an exchange/web wallet when we intend to sell our bitcoin. And most of the exchange will ask you KYC to make an account at there.

So, just wondering do we have another way to avoid it? I'll agree if the best platform to hold bitcoin is an offline wallet. But if you concern with the other thing like KYC it seems like you won't ever be avoid it.
Basically Yes, we can avoid it but it's too risky, If you are really concerned about privacy and don't want to give any KYC details, you can sell your bitcoins directly without getting involved in the exchange, you can sell them to a "bitcoin guy" ( a person who offering service buying and selling bitcoin)  but make sure that bitcoin guy is trusted and has good reputation in your community and most importantly you know him in person (his details, where he lives, etc) or it's better if you can meet them offline, I personally did this and the reason why I did this because those bitcoin guys offering lowest fee than my exchange especially for bitcoin to cash. To be honest, I highly don't recommend this way since it's too risky they can run away with your coins, especially if you don't know them or not meet them in real life.