10-15-2017, 12:44 AM
(10-15-2017, 12:09 AM)Zane Wrote: Thanks Man. I wasn't that Smart enough to invest in Bitcoin when it came. I had no idea what it was when it first came out.
Same. Thats another reason why i'm jumping at this.
The only problem though, is that you can only buy ETN (Electroneum) with bitcoin. So, to do that, you have to sign up to an exchange website like xcoins.io which requires you to submit a picture of you holding your driver's license. Yep, I know. I did it quite some time ago but it takes a day or two to approve you. This really irks me, and I find comfort in knowing that nobody will have to go through crap like this with ETN. According to ETN, there are no transfer costs, and you do not need a photo ID or any form of ID to sign up, trade, or exchange ETN.
If anyone is really interested, and has decent standing in the community, I don't mind helping out by accepting paypal transfers and then sending you the Bitcoins. Please note, you do still have to sign up for a bitcoin wallet site such as xcoins to accept the bitcoins to use as payment for buying ETN. (You only have to submit license for transferring BTC, not for having a wallet.) Also keep in mind, I personally have to pay transfer fees, lenders fees, and other odd fees for purchasing BTC from xcoins. I can upload a screenshot later showing the calculations on the website. For example, to buy about $78 dollars worth of BTC it costs $98. Minus another 5 or so to transfer. It really is a headache so I'm glad ETN is eliminating this process. Yes, all BTC exchange websites require a photo ID because it is heavily regulated.
