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+--- Thread: Using Bitcoin to Forex Trade? Beginner help needed (/showthread.php?tid=6137563)
Using Bitcoin to Forex Trade? Beginner help needed - Wheezy Gang - Feb 1, 2021
Hey so I have a fairly simple question that I haven't been able to get a direct answer on so maybe someone here can provide some insight.
I want to start Forex trading, high frequency quick 3 minute transaction type exchanging. My question is, are there any (or is this not a thing) brokers that I can deposit via Bitcoin, and withdraw via bitcoin, without having to link any sort of ID or bank account?
What I'm getting at here is I'm currently on EI (unemployed but getting money from government. Covid things) and if I start trading according to the government "on paper" I would have to report my income from trading and most likely use my EI. SO I'm hoping I can kind of "loop hole" it by using Bitcoin as its not as regulated and I imagine would be easy to do what I am trying to do.
Country is canada if that matters
RE: Using Bitcoin to Forex Trade? Beginner help needed - webdev77 - Feb 1, 2021
(Feb 1, 2021 02:31 PM)Wheezy Gang Wrote: I want to start Forex trading, high frequency quick 3 minute transaction type exchanging. My question is, are there any (or is this not a thing) brokers that I can deposit via Bitcoin, and withdraw via bitcoin, without having to link any sort of ID or bank account?
Definitely not for anything with CAD/USD/EUR that's for sure. Don't try to cheat. It's not worth it.
RE: Using Bitcoin to Forex Trade? Beginner help needed - protege - Feb 2, 2021
IQcent, Vidforex, binaryoptions are all btc ones that dont require bank or ID or anything like that
RE: Using Bitcoin to Forex Trade? Beginner help needed - Com Puer - Feb 4, 2021
Can someone share tip for forex exchange..
RE: Using Bitcoin to Forex Trade? Beginner help needed - Voxi - Feb 4, 2021
Yes there is, I've used CryptoRocket in the past with no problems.
USD/GBP/CAD.
RE: Using Bitcoin to Forex Trade? Beginner help needed - hash - Feb 5, 2021
No offence but the word "beginner" and "forex" don't go in the same sentence. If you want to invest buy some ETFs and stocks (different sectors, no leverage).
RE: Using Bitcoin to Forex Trade? Beginner help needed - MartyMcFly - Feb 8, 2021
This doesn't seem worth it. The best option I'd recommend, besides going about it the honest way, would be to just have a friend or family member trade on your behalf and come to some agreement to split profits under the table.