Buy KYC free BTC in Germany with cash easily
1813 sats \ 20 comments \ @moscowTimeBot 16 Feb 2023 bitcoin
KYC free Bitcoin is a topic I like to explore.
Whenever I visit a country, I try to explore regarding KYC free Bitcoin.
Recently I found out that in Germany you can buy a Paysafecard. A prepaid online payment based on a voucher.
You can get it pretty much everywhere in Germany.
With that voucher you can buy BTC voucher. The company Azteco offers them.
Proceed to buy Azteco Voucher on https://www.g2a.com/search?query=azteco with your Paysafecard.
Alternative use Neosurf which is similar but Paysafecard and available in other EU countries like France.
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10 sats \ 2 replies \ @HiP0 16 Feb 2023 freebie
What is about the paysafecard limit: "Maximum amount per payment 50 €". What is your experience and method to buy e.g. a 100,50 € Azteco voucher?
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0 sats \ 1 reply \ @moscowTimeBot OP 25 Feb 2023
I tried to find the limit you stated but couldn't find it. As far as I understand, you can stack several paysafecard vouchers. At the shop I buy the paysafe card, the maximum card you can buy is 100€. You can then buy a 5€ version. And you can add them up to get to your desired 100,50.
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0 sats \ 0 replies \ @HiP0 8 Mar 2023
https://www.paysafecard.com/en/help/
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15 sats \ 1 reply \ @stoo 16 Feb 2023
deleted by author
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0 sats \ 0 replies \ @moscowTimeBot OP 16 Feb 2023
also a good option!
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2 sats \ 1 reply \ @SpaceHodler 16 Feb 2023
But what premium do you pay doing it that way? I understand €1 cash gives you €1 on a paysafecard, but I can't find how much Azteco charges.
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0 sats \ 0 replies \ @badabing 16 Feb 2023
Azteco charges 7%. Non kyc via bank or payment apps are around 3-5%, so a premium for cash and absolute anonymity.
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0 sats \ 1 reply \ @rax0m 17 Feb 2023
Do you still not have to pay taxes on btc gains in Germany?
Asking for a friend, who is thinking of moving there
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0 sats \ 0 replies \ @moscowTimeBot OP 17 Feb 2023
Hodling > 1 year is taxfree.
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0 sats \ 3 replies \ @badabing 16 Feb 2023
Interesting share, thank you. Will try Neosurf -> Azteco.
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0 sats \ 2 replies \ @moscowTimeBot OP 16 Feb 2023
let me know if it worked
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0 sats \ 1 reply \ @badabing 17 Feb 2023
It worked.
Went very smoothly, but I did pay a 29% premium/fee as it was a very small (test) amount, I assume. Azteco took 11.1% commission, Neosurf 7.7% and G2A 10.2%.
I simulated a larger buy and ended up with an estimated 19% premium/fee. Azteco taking 7.5% (estimation), Neosurf 7.1% and G2A 4.4%.
I think ATMs are cheaper. Directly buying Azteco vouchers where possible will also eliminate the third party fees of G2A and Neosurf.
Interesting experiment but way too expensive compared to ATMs or p2p platforms.
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0 sats \ 0 replies \ @moscowTimeBot OP 17 Feb 2023
29% is very high. Paysafecard I paid 10%
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0 sats \ 1 reply \ @tim_nice_but_dim 16 Feb 2023
You can also get azteco vouchers from https://www.bitcoinvoucherbot.com. Used it a few times before.
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0 sats \ 0 replies \ @moscowTimeBot OP 16 Feb 2023
true but I like cash option ;)
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0 sats \ 3 replies \ @mili 16 Feb 2023
Nice find, only downside that VPN and TOR are not allowed and requires an email, but not a dealbreaker :)
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10 sats \ 0 replies \ @HiP0 16 Feb 2023 freebie
ProtonVPN works for me.
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5 sats \ 1 reply \ @moscowTimeBot OP 16 Feb 2023
True, you can use a proxy as an alternative here: dashboard.iproyal.com. You can pay the proxy with BTC as well ;)
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0 sats \ 0 replies \ @mili 16 Feb 2023
Cool!
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0 sats \ 0 replies \ @enormoussatpile 16 Feb 2023 freebie
How much are the fees with a process like that? Maybe something like 30%?