Paying with CRYPTO in the UK

by yurividal-br

Hey guys. I am new to the IPTV world in the UK. I have found a very nice provider and would like to start paying with crypto. All the cryptopwallet providers and exchange I could find in the UK require photo Id, proof of address etc... My question is: are the transactions safe, eventhough the wallet provider knows who I am? Is paying with something like Coinbase safer at all than paying with PayPal? I also considered prepay credit cards but they seem to be very hard to get in the UK, and crypto ATMs are banned here too.

darkavenger772

You can get monero and then send the payment by converting your monero to btc using xmr.to

Other option is to use a decentralized exchange without identification like bisq or shapeshift.io but they are a bit more difficult to use

In most cases using coinbase or other centralized one is still better for your safety than using paypal or credit/debit card.

Last option is to use the virtual cards from revolut as they get destroyed once used.

doublejay1999

You have to consider the amount of effort it would take, to track you down, file charges and provide sufficient evidence it court to convict you of stealing 200 quids worth of tv shows.

In all reality, it's not going to happen.

If you are a reseller, that figure quickly becomes 20 grands worth of TV, and you might become a more interesting target.

chrispy1973

EU regulations make getting pre-paid cards next to impossible in the UK, and impossible if you want a truly cash driven anonymous card. Crypto has been traced, although currently only for very serious offences. I never bothered with it as it would cost me £75 just to get the required photo ID to upload in order to open an account, which is ludicrous in order spend £7 or £8 worth every month and for me personally NO service is currently good enough to be worth that expense. Revolut is probably your next best option, although you will still have to open an online account and provide a couple of forms of I.D, I think that there is also a £6 a month fee for using their virtual cards, so it will effectively push up the cost of your monthly sub(s).

trizzlecoinz

https://coinatmradar.com/country/225/bitcoin-atm-united-kingdom/ BTC ATM's are not banned in the UK. You could also use Mycelium app to pay for IPTV's. I've bought BTC before face to face using Mycelium.