Bitcoin has not been legalize in my country yet there are had been transacting it seamlessly without any qualms, even with P2P in Binance there had been transfer of fiat between a seller and buyer anonymously without the bank knowing the transaction that had been undertaken by the two traders, the government had officially issued a statement that any Bitcoin related transactions that is exposed would have their asset frozen all these restrictions hasn't deter crypto enthusiast, investors and traders to stop using it up till this moment in order word there other areas where I channel my usage and transactions of Bitcoin whether it is legalize or not.
Unfortunately I am living in country where all crypto related action are prohibited. we cannot use our bank/credit card for direct buying selling of crypto. Law are not strictly followed here and authorities doesn't taking any strict action against crypto users. Many Youtubers advertising crypto project, showing their lives trading video, showing portfolio with facecam but not single man is arrested hee so far.
We generally use Binance/Bitget P2P for buying and selling purpose. Those who want to exchange big are dealing live. In short we have no problem despite lagalize. Honestly we are feeling more comfort because there is no fee for buying and selling and all profit goes to our pocket.
Truly unique to live in a country where crypto is against the law but not unenforced, right? There is a strange freedom inside the limits. Binance and Bitget can still be used, even though they dont accept bank or credit cards for crypto purchases. Its interesting that the government lets an illegal market thrive. In this case, there are pros and cons. Profitability goes up when there are no fees, which helps people like you. But situations that arent controlled are dangerous. What should we do next? It is important to be careful and work hard. I think it's great that there are P2P Bitcoin platforms. But what is the price of complete freedom? Such events blur the lines between what is legal and what is moral. Even though it's risky, the fact that P2P Bitcoin purchase is possible despite restrictions is a comfort.