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The IPTV Crackdown Continues: A Thread For Customers Not Resellers

tommytank said:
@pabloescaban
With bitcoin, if your provider wants £60, you buy £60 worth of bitcoin and send it to him.

That's it until next year.

So you can keep the account empty until you need it again ?
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Yes, but often there's a transaction charge, so if he wants 60, you may have to put 65 or 70 in there to cover any fees.

Any remainder will stay there until next time you use it.
It may have even gone up if bitcoin price goes up, EG, if you leave a fivers worth of BTC, over a year it might be £6 or even a tenner if it takes off.

This is where people get carried away, they get greedy and start gambling their life savings because crypto can be incredibly volatile, not bitcoin so much but other coins (there's thousands of different ones) they go up and down very quickly
 
inadayswork said:
There will be fees on top too. Revolut want £4.10 for £20 worth of Bit
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Yes because you are
Buying crypto putting it in your wallet £1.99
Then you send crypto from your wallett to supplier that's costs another £1.99

You don't need to do it that way
 
mike123 said:
Yes because you are
Buying crypto putting it in your wallet £1.99
Then you send crypto from your wallett to supplier that's costs another £1.99

You don't need to do it that way
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No, not doing that at all. Sending straight to recipient wallet. Not buying it first and then sending
 

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inadayswork said:
No, not doing that at all. Sending straight to recipient wallet. Not buying it first and then sending
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You are because when you bought the crypto they would of charged you £1.99

Then when you send it to recipient they will charge another £1.99
 
mike123

Thread 'How to use crypto'

Many places are asking for crypto payments now. Here is a simple guide if you don't want too much hassle

1 go here Buy Bitcoin instantly with credit / debit card | Invity.io

2. Enter cost of your purchase

3. It will come up with a list of options choose top one you can normally pay with card.

4 Choose coin

5 copy and paste the wallet id. You are told to use

6 follow on screen prompts

All done. It's very simple
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I haven’t opened the above link , ( darent 😁 ). But does it tell you how to transfer the money from your “ wallet” to your iptv provider ?
 
soltia said:
I haven’t opened the above link , ( darent 😁 ). But does it tell you how to transfer the money from your “ wallet” to your iptv provider ?
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I don't think you put it in your own wallet mate. You just put the providers wallet as the destination of the coins you buy.
 
What a FEck on this is. I though to myself. OK man up and try crypto. Got well into the set up and then , it wants either a facial scan or a photo of my driving licence on top of , address, DOB, CC details . Ridiculous. I'll find another provider that still does PayPal.
 
soltia said:
What a FEck on this is. I though to myself. OK man up and try crypto. Got well into the set up and then , it wants either a facial scan or a photo of my driving licence on top of , address, DOB, CC details . Ridiculous. I'll find another provider that still does PayPal.
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It’s standard practice now and known as KYC.
It’s a money laundering prevention.
Revolut now wants the same to open an account.
 
soltia said:
What a FEck on this is. I though to myself. OK man up and try crypto. Got well into the set up and then , it wants either a facial scan or a photo of my driving licence on top of , address, DOB, CC details . Ridiculous. I'll find another provider that still does PayPal.
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You should see what hoops you need to go through just to use online bookmakers in the UK, holding debit cards up outside your house, sending proof of icome. Everything here now is over regulated but I can understand for banks, PayPal etc.

I think people don't like using Bitcoin as it brings home they are involved in something dodgy so using normal method's makes them feel better with their own conscience in regarding IP theft, as it doesn't feel like it using traditional ways of payment.
 
soltia said:
What a FEck on this is. I though to myself. OK man up and try crypto. Got well into the set up and then , it wants either a facial scan or a photo of my driving licence on top of , address, DOB, CC details . Ridiculous. I'll find another provider that still does PayPal.
Click to expand...
You could try using non kyc crypto apps which doesn't require any identification like Exodus and trust wallet for example.
 
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