Can bitcoin be sold without KYC (identification). Is that legal

Bitcoin Questions and AnswersCategory: General questionsCan bitcoin be sold without KYC (identification). Is that legal

quriash turay asked 6 months ago

I wonder if there is a way, without identification to do this. I do own a payeer account which was created with KYC which has a USD balance

1 Answers
Steven Hay answered 6 months ago

Hey Quriash,
 
It depends on your country. If you live somewhere where Bitcoin is illegal (there aren’t many such countries, although I saw today that Morocco declared it illegal) then you can sell Bitcoin for cash without problems. The easiest way to do this is via the LocalBitcoins site. I don’t think you can do it anonymously via Payeer or even bank transfer – cash is always best for anonymous sales.
 
To find out Bitcoin’s legal status in your country, check this page:
 
https://coin.dance/poli#legalitybycountry

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