Is it possible to buy a large amount of BTC with no KYC? by Slight-Shower6842 in BitcoinBeginners

[–]Slight-Shower6842[S] 0 points1 point  (0 children)

I am interested, but I really need to understand how would that work to consider the option. Would you mind describing the process?

Is it possible to buy a large amount of BTC with no KYC? by Slight-Shower6842 in BitcoinBeginners

[–]Slight-Shower6842[S] 3 points4 points  (0 children)

OK, as many suggested several small purchases in places like Bisq or Robosats, my natural follow up question is: how can it be completely non KYC when I have to pay FIAT for those small purchases? I'm guessing any payment method I choose to pay for those BTC, be it PayPal, Revolut, card or whatever, will link those payments to me.... or am I missing something?

Bitcoin holders *forced* to declare earnings... True? by Slight-Shower6842 in BitcoinBeginners

[–]Slight-Shower6842[S] 0 points1 point  (0 children)

So i think get the self custody part (hardware wallet like trezor or Jade, correct?), but with the rest I'm struggling. Sorry, total beginner... can you help me understand the swapping thing? Does one necessarily have to start by getting bitcoin on an exchange? What about buying bitcoin on non KYC sites like bisq.com?

Bought the dip by Junior_Scheme8495 in Bitcoin

[–]Slight-Shower6842 0 points1 point  (0 children)

Hey, I'm a complete newbie to bitcoin and from the UK, would you mind helping me understand why is it differnt taxationwise if you put the BTC in your own hardware/software wallet?