RE: HowTo Buy Crypto – Part 8: The Rest
Hi @cryptographic ! Very right what you mention about scams and negatives of doing business with exchanges outside the ones you pointed out!
2 Things I would like to say:
1- There are other countries like Mexico that has the Bitso exchange, and yes, it is small in size and trading yet, but I think it can be trusted. For people in Mexico I believe this is the main gateway to get FIAT into crypto.
2- I hope Bitshares comes up with a service that people on everypart of the world can upload FIAT of their country and automatically get bitUSD or BTS. That will be amazing for Bitshares and for the entire crypto community.
If the reason for not having this yet is because of regulations, perhaps a cross chain blockchain or the way it is called, that acts as a bridge between Bitshares and the banks could be the solution?
Looking forward to your thoughts on this.
Regards, @gold84
Good of you to point out that in many parts of the world there are localized exchanges serving their customers well. Lot's of people have a difficult time buying crypto, and the more we can help solve that problem, the better. BitShares would definitely be well advised to aggressively get moving in that direction!