Quote from: Happy Annie on Today at 06:39:20 PM

Quote from: WatChe on Today at 04:10:51 PM

I live in a country where use of Bitcoin and crypto is still illegal. Their is option to convert crypto through binance p2p trading but it's risky because if law enforcement agencies caught you doing this, you will end up in jail. This ban also provide an advantage that since we can't spend our Bitcoins, we accumulate and hold them for long term. I do convert some of Bitcoins by doing a p2p transaction with my friend without leaving any footprint of this transaction, I send Bitcoin to my friend and receive fiat money in cash only.

In countries with cryptocurrency restrictions, this is indeed a good way to hold BTC.

We just need to remember to not to do P2P through the CEXes and such, and it's going to be alright probably Wink