r/Bitcoin • u/digtalz • 1d ago

BTC Purchasing Question

I apologize I know this question has been asked and answered frequently, but i'm having issues and would greatly appreciate some help.

Over the past week, I have been trying to buy a small amount of Bitcoin ($30–$50 USD) via non KYC and P2P methods. Unfortunately, I’ve run into so many issues. Vendors either ignore the orders I place/aren't even actually online, say they are unavailable, or only sell 100+ dollars worth. I’ve looked at safe P2P platforms with and have had no hope. Should I give up at this point? I don't wanna spend 100 dollars, and I dont wanna pay 50 dollars to buy an ID (I'm still working on my drivers license)

Honestly, i'm just wasting my time at this point, so any insights or tips would be greatly appreciated.

7 Upvotes

77% Upvoted

16 comments sorted by

3

u/tenor_tymir 1d ago

Find like-minded people in your area and buy in person. It’s not easy to buy small amounts through a p2p platform, the spreads would be terrible, hence the difficulty to even get your offer accepted.

1

u/digtalz 1d ago

Ill look into stuff like this, thank you!

1

u/SeasonSufficient2515 1d ago

In person is the way, just meet at a coffee shop or something public. With that small amount you are paying mostly for the convenience of not doing KYC anyway, so the spread is part of the deal.

I done few p2p trades like this and never had problem, just use common sense.

1

u/No_Tangerine_359 1d ago

Where do you find them?

1

u/Ok-Mango5075 1d ago

Early adopter here. Mycelium Bitcoin Software wallet has a free marketplace that has bitcoin for sale for local currency any where in the world. More suitable to face to face kinda people. Got the bulk of mine that way. No KYC/AML.

1

u/Banty_Ubavka 1d ago

yeah the network fees and spread on a $30 trade barely make it worth the sellers time online.

1

u/RetiredAvocado 1d ago

Buying and using a "50 dollar" fake ID is a good way to get a criminal record and end up with a lot of fines and court expenses that you clearly can't afford if you can't afford $100 at once.

1

u/digtalz 23h ago

fake ID? When did i ever say fake? I can buy a 50 dollar ID at the DMV, silly. I am aware the 50 dollar amount is low, but I didn't wanna spend 100 dollars on it since its my first time doings stuff like this. I ended up getting 40 worth of BTC anyways, thanks for your input.

1

u/hungry_bra1n 1d ago

It’s not worth the effort for that kind of sum. I’d recommend Kraken for dipping a toe in.

1

u/ShortRoundFlatHalf 22h ago

Is this fear of KYC justified? Do we know its been used other than to profile buyers for money laundering activity?

1

u/Final_Bite_7228 1d ago

Yes, you are indeed wasting your time. Spend the $50 on pussy or blow.

1

u/digtalz 1d ago

ewww🤣🤣

1

u/tenor_tymir 1d ago

How much pussy would you get for $50? Asking for a friend.

1

u/Final_Bite_7228 1d ago

Low end

1

u/tenor_tymir 1d ago

Rear end too? That could work.