Hello
I would like to buy bitcoin with USD. I am trying to find a place to do it where I can buy it as close to market value as possible. Coinbase seems fair, but they want so much identification it almost seems sketchy
Is this much identification needed with stock and forex brokers?
With regards to traders who trade daily on gdax kraken bitfinex poloniex, are they all photo identified? If yes wouldn't they be concerned about another Mt.Gox type scenario.
I know there are other options to buy bitcoin like paxful/ wall of coins / local bitcoins - However depending on the amount of USD you want to convert, private sellers may require photo id as well. Why would I want some random person selling me bitcoin over the internet to have my home address birthday and photo id. Seriously.
Id love to learn what members of this board are doing to convert USD to BTC
Thank you