Tuesday, September 3, 2019

What do people do now that most bitcoin exchanges require ID verification

https://www.youtube.com/watch?v=UHk_dtEJyDU

So in this video guide, the guy says in the beginning not to use coinbase and use localbitcoin instead because it doesn't require ID and that way you wouldn't get in trouble.

So is it okay to use bitcoin from coinbase or exchanges that have your ID?

I'm guessing that PGP encryption takes care of this, right?



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