Need a new way of safely acquiring btc

So, usually i will get my btc thru- localbtc. The currency exchange way. I would gladly use the 'in-person' cash for btc method on local btc, but the only people near, and not near me- nearly tax the coins $75-$100. Thats no good

Im afraid of staying with the currensy exchange method as my btc needs have risen over 2k at this point. And now require me to provide my SS, and income info, etc. <I dont like that shit

I used to use circle, before they didnt have limits. And now im aware that they dont have any limits. But- what my issue is, is im just worried about all the on paper stuff- like with the IRS, and depositing a bunch of cash into my bank account just to spend it on coin not long after. And bank suspicion

Any methods you guys know of? Is the circle method alright?

I work construction, for cash. And sell drugs, for cash..

Thanks


Comments


[2 Points] None:

[deleted]


[1 Points] darknet_Bar_food:

cash deposit?


[1 Points] gcg3611:

Cash2coins.com


[1 Points] Tacobender9000:

just do cash deposit instead of 'in-person'. Chase asks for id around me, but wells fargo doesnt.


[1 Points] snapcardcouldwork:

Maybe try out Snapcard. I've been using them for a little while, and now have a $250/day instant limit, but have risen to level 4, which allows me to send a wire directly from my bank, and then buy coins immediately once the wire hits. I can wire up to $5k a day, and then within an hour or so, the money hits my snapcard account and it's available for immediate purchase.

They do require you to fill out certain paperwork that's probably not something you'd want to fill out completely honestly (given that you're buying drugs with the money). Also, I'm sure that high dollar wires sent with high frequency could draw some unwanted attention. But, depending on how often you're shelling out $2k for coin, this could be a viable alternative, especially if you can figure out some way to tumble the coins, or provide some other realistic explanation for why you're buying so much coin.

A friend of mine sells coin on LBC. He started out using Coinbase, but it got to the point where he couldn't get enough coin. He's now wiring $5k/day into Snapcard, and buying coins with it to resell on LBC. He's making around $300/day with this scheme. I questioned whether or not he was worried about the IRS, Feds, whatever, but he said that he's retained an attorney who specializes in this sort of stuff, spoken with his banker at length, and is now incorporating a company that he'll run all of this through (I suppose at the advice of his attorney). Seems like he's doing whatever he can to cover his bases, but then again he's not buying drugs with the coin.

Anyway, if you can figure out a decent cover story, this might be worth looking into. The exchange rates are awesome (maybe 1-2%) and since you're being paid in cash you might be able to finnegal some type of reasonable cover story if you think about it for a min. Being able to have access to up to $5k/day in nearly instant coins is pretty sick though.

EDIT: For the past 2 weeks, their instant buy has not worked. They're trying to get this fixed, and hopefully will soon, but up until 2 weeks ago it was great. Assuming they get it fixed soon, that's where I'm getting my coin from.


[1 Points] diclazpg:

Does no one use cash in mail? It's great. Or Moneygram/Western Union?


[0 Points] LostSomewhereInSpace:

Circle will only let you get $300/week. Coinbase is going to ask you for an income source.


[-1 Points] None:

LocalClitcoins.