The growing trend of cryptocurrency has to be accepted by the whole world. Different countries made it their country. But in Pakistan, it is still not considered legal. I think it will be an important source of income in the future.
They don't say it is against rules. In Pakistan you are not allowed to buy crypto and as far as I know they reason they give is that money goes out of country. We are the developing countries and the money should not go outside.
This is nice, I can see it is a good development.iam hearing about dollar coin for the first time but I am not surprised that there is a dollar coin that you can trade as other coins.
Bitcoin can generally trade with any currency especially in the crypto world because many people use it as a backbone by which to fall back on for any of their trades. However, I think that when it comes to certain exchanges they limit the number of trading pairs that you are actually able to have in order to try and maybe manage the system a bit better. For example on the exchange that I use you cannot trade against litecoin as a specific pair. For example a LTC/USDC pair.
I can agree with you. The introduction of Bitcoin has really helped in the world of cryptocurrency.
This is true, bitcoin has help me to earn money through an online means. I think that one of the most important things is that it allows us to withdraw all funds that we achieve from all the work that we do in a way that we are able to not give out personal information. Also above that when it comes to other payment scheme such as PayPal and so forth they are Limited in terms of the region that they are operational in, and so having cryptocurrency which is global is a very good thing.
Exactly cryptocurrency is global. I am also thinking about PayPal account because most payment platform insist on PayPal account before any payment can be made. This means that without PayPal it is not necessary to join a particular forum. Please how can I get PayPal account?
If you wanted me to sign up for a PayPal account then what you have to do is go to their site and complete the registration form. However, when you are creating a PayPal account you have to know that there are certain documentation that are required. For example, you will be required to prove your identity using a government ID. Also, PayPal is not available in certain regions as well, so you will need to check the region is able to handle PayPal. I believe that you are in Nigeria and I think that Paypal may not be supported yet. Just check though.
I don't have to try is not allowed or working in my country- Nigeria.
I'm sorry to hear that this is not available within your country. There are many platforms that require PayPal in order to make their payments directly to you. I think that the best way that you can approach this these two perhaps try and purchase a PayPal account that someone is selling that has already been verified. You can then try and access that Paypal account through the information that they gave you such as login and password and so forth. Would this be an option?
This is a good idea definately. If i will somebody who is willing to sell paypal account i will buy as long as it is verifiable.
This is very unfortunate. There are a lot of sites that are on the internet where people do sell their PayPal accounts and when you purchase it you will get the username and the password that is associated with the account, and you can then change the password to suit whatever you want to ensure that they cannot get into it any more. After that perhaps you can use a VPN of sorts in order to try and send and receive payment through the IP address of a region that does accept PayPal.
I will try to see how i can do as you said.
I don't think that this has to do with your country's economy and is rather just based on the PayPal restrictions that they have. So don't stress about that or think that there are views that there is a poor country status and as a result PayPal is not in operation. This is not the case. There are many countries that are currently excluded from PayPal but there is a lot of talks of being able to increase their reach in the future so that the payment giant is more global.
As far as am concerned No law in Nigeria, Ghana, or Kenya has made dealing in cryptocurrency illegal or criminalized it, including cryptocurrency trading. Engaging in cryptocurrency transactions does not amount to "illegal transactions" under Kenyan, Ghanaian, and Nigerian laws. It is what the user does with the cryptocurrency or in the process of the transaction that determines illegality or otherwise.
use of cryptocurrency in our country at all and the government has banned it but some youth parties requested to government to re ban it Because some people in the government understand that this is becoming the reason for money laundering, because of this they have declared illegal.
Thank you for this information and clear direction.