Where can I buy Bitcoin in Phnom Penh, Cambodia?

YouTube · Post by **General Mackevili** » Sun Aug 13, 2017 2:14 am

AlonzoPartriz wrote:
General Mackevili wrote: ↑Sat Aug 12, 2017 11:42 pm
AlonzoPartriz wrote: ↑Sat Aug 12, 2017 11:37 pm
That may as well be, but the real smart guys are the exchanges
Haha, no argument there, for sure. "The house always wins."

Maybe CEO should have its own BitCoin/cryptocurrency exchange for people in Cambodia who need to convert cash.
Why not? Sell 12 coins, get 1 free! Special rates for Karma over 100. That should liven the place up.

Post by **Username Taken** » Tue Aug 29, 2017 9:39 pm

Username Taken wrote: ↑Sat Aug 12, 2017 10:45 pm . . . and 30 minutes later, it hits $3870

And now, 17 days later, bitcoin just hit $4600

(At the start of this year they could be had for just under $1000) *sigh*

tightenupvolume1 · Post by **tightenupvolume1** » Tue Aug 29, 2017 10:46 pm

I am still confused about why you need a place inCambodia to buy crypto currency? As bitcoin are not a physical thing. I thought it was all done online, you find a site that sells them, pay by card or bank transfer and then you get the "code"? which goes into your wallet?
Why does it matter where you are?

charlie

AlonzoPartriz · Post by **AlonzoPartriz** » Tue Aug 29, 2017 10:52 pm

tightenupvolume1 wrote: ↑Tue Aug 29, 2017 10:46 pm I am still confused about why you need a place inCambodia to buy crypto currency? As bitcoin are not a physical thing. I thought it was all done online, you find a site that sells them, pay by card or bank transfer and then you get the "code"? which goes into your wallet?
Why does it matter where you are?

charlie

As far as I know, that's correct. Not sure about the bank transfer bit. Wads of cash to hide maybe?
Trouble is getting money into a bank that does that from Cambodia without paying a fee, though I think there are one or two banks that will give you a visa debit card here. Not sure of the conditions for the account though. I just have a savings account here.

You can always mine them on free mobile phone apps. The one I looked at, if run with a macro, could give you over $400 p year run 24/7. That 400 could easily turn into 800 or even 1600. Not bad for a 50 dollar phone. Why not buy 10 of them.

tightenupvolume1 · Post by **tightenupvolume1** » Tue Aug 29, 2017 11:36 pm

I am still a little confused about where you actually take the cash when you want to buy them? a bank?
Maybe somebody who actually has some will answer.
cheers

charlie

epidemiks · Post by **epidemiks** » Wed Aug 30, 2017 8:04 pm

tightenupvolume1 wrote:I am still a little confused about where you actually take the cash when you want to buy them? a bank?
Maybe somebody who actually has some will answer.
cheers

charlie

epidemiks wrote:https://localbitcoins.com/places/116675 ... -cambodia/

Post by **Username Taken** » Wed Aug 30, 2017 9:32 pm

epidemiks wrote: ↑Wed Aug 30, 2017 8:04 pm
tightenupvolume1 wrote:I am still a little confused about where you actually take the cash when you want to buy them? a bank?
Maybe somebody who actually has some will answer.
cheers

charlie

epidemiks wrote:https://localbitcoins.com/places/116675 ... -cambodia/

^^^ Those prices are exorbitant. Try these https://bitcoincambodia.com/

tightenupvolume1 · Post by **tightenupvolume1** » Wed Aug 30, 2017 10:30 pm

SO, if i wanted to buy a bitcoin (i don,t). I go to one of those people in the link with the money, pay him/her and then? They give me a code? they transfer it to my bitcoin wallet?

charlie

Post by **Username Taken** » Thu Aug 31, 2017 9:32 am

tightenupvolume1 wrote: ↑Wed Aug 30, 2017 10:30 pm SO, if i wanted to buy a bitcoin (i don,t). I go to one of those people in the link with the money, pay him/her and then? They give me a code? they transfer it to my bitcoin wallet?

charlie

Basically, yes. Except that you probably wouldn't go to one of those people. Most likely you would send money via Wing (money transfer).
There is a lot of convenience by using Wing, plus their fee amounts to peanuts (can't remember how many peanuts).

We (in Cambodia) can also transfer money via bank transfer to one of the Exchanges where you have a wallet. But then you're hit with bank transfer fees, and the possibility of your banking details getting misused.

tightenupvolume1 · Post by **tightenupvolume1** » Thu Aug 31, 2017 3:12 pm

So in theory anybody anywhere in the world can send a bank transfer to anybody anywhere in the world in order to buy a bitcoin? Which takes me back to my original question, why does somebody want to know where to buy bitcoin in cambodia?
I am still confused

charlie

Where can I buy Bitcoin in Phnom Penh, Cambodia?

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Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

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Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

Re: Where can I buy Bitcoin in Phnom Penh, Cambodia?

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