Whatโs the best way for an Egyptian to buy bitcoin?
Discussion
Buy off Strike, or some of the other exchanges (shudders). Also, you can buy shares of BTC miners. I use https://miningsyndicate.com/
Inviting you to join us for an hour on the 24hr stream ๐ซก๐ซ๐ nostr:note1x2z7r8wnltmrf36d689kva9vsa4ml9v4q25cfqmmwhmxh5zr94zscejunv
Earn it abroad?
"Merchants" buy stables from locals at 1$ and they also have someone buy it for them abroad ..... and sell it to locals for a small premium .... that's why they are called merchants lol
Excellent question... if you find an answer please share!
Answer: face to face p2p via stables
Always P2P, especially if you are in a place like Egypt.
Once purchased I'd also recommend transacting with Pharaoh Wallet
nostr, meme brokers
Are you specifically looking for exchanges?
If not, Robosats is very easy to use, secure, and very private.
If it's just starting, an exchange. But P2P is the most ideal, always.
Move to El Salvador ๐
Are there any P2P platforms that they use?
No platform .... face to face p2p (buying stables from merchants for a small premium, anything from 1-4% depends on demand)
internet cafe, usb stick with bisq
P2P ... as in face to face p2p
How it works?
You will have merchants who sell stables for a premium and buy them at 1$
Maybe a nostr based marketplace to organise face 2 face purchasing will bring a breaktrough.
Lots of dumb answers in this feed.
If I were an Egyptian, I would find work on a site like Fiverr where the customers are American/European and ask to be paid in #Bitcoin. It's a win-win for both sides. Could even then sell your Bitcoin locally at a high rate, reinvest into your Fiverr business, rinse and repeat.
Mission.bullbitcoin.com/tudorn1
๐๐ค
I have been seeking an answer for this wrt Bangladesh as well.
Most people giving answers are clueless and never experienced payments blocked or account frozen by a middle eastern bank because of โnot allowedโ. Where I work even SWIFT transfers to Revolut are banned just because they offer โcryptoโ. Local P2P seems to be the most viable option if one canโt transfer to an intermediary bank in letโs say US or Europe without residence and KYC. International P2P in second place but this transfer can also get flagged.
Robosats. Agnostic to location
I have no experience with Egyptian situation. I just hope Egyptian community has some info about existence of Vexl application from SatoshiLabs
Not through a pyramid scheme. Iโm sorry.
Please donโt block me.
Binance P2P
Paxful P2P
I thought paxful closed?
Binance Kraken and etoro, i still think its possible Lyn
Hmm good question, if they can and have the know how id say non kyc via hodl hodl