What are /r/NZBitcoin's favorite Products & Services?

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A couple of things that should help you out.

Firstly the OTP password setup is not mandatory however a very very good idea. Once you have signed if you haven't set it up in the system simply reminds you by taking you to the setup page by default if you have not already set it up.

To set up OTP you need a compliant OTP application on your phone or some other preferably independent device that you keep on your person. Probably the best and most well know application for this is the Google Authenticator app

https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2&hl=en

Its available on both the google play store or the apple app store for free.

Once you install the app you can scan the QR code with the app to sync the OTP password generator with our system. The application then produces a new code every 30 seconds or so. By entering the code it produces you should then be in sync with our system and OTP is now setup.

Next time you login you will need to enter in the current code again.

If your using Exodus. They already made it simple for you. There is a guide here. https://steemit.com/bitcoin/@tuakanamorgan/get-you-bitcoin-cash-from-exodus-wallet

Obviously you need a wallet that supports BCH to hold it. The guide suggest sending directly to an address on an exchange but it can be any valid BCH address in a wallet you own.

I've used shapeshift.io once to convert BTC to ETH and it worked well. You might be better off doing it through cryptopia through.

You could change a larger portion to ETH or one of the larger alt coins that have smaller transaction fees then use that to diversify

The only place I know of to trade ETH/NZD directly is on an Australian exchange, https://www.independentreserve.com

After sufficient verification, you can then use a SWIFT transfer (around $20? you'll need to check) to your New Zealand dollar bank account without a USD/NZD currency conversion.

However, my recommendation would be to trade ETH/BTC on Poloniex (source: https://coinmarketcap.com/currencies/ethereum/#markets ), then trade BTC on one of the kiwi exchanges (see the sidebar for details), or perhaps at a bitcoin meetup.

While I'm not affiliated with any kiwi exchange, I'm not really in a good position to be able to recommend one kiwi exchange over another.

If neither of those are good options for you, or if you have additional altcoins too, feel free to PM me and we might be able to sort something out privately.

Good luck! And keep us informed with how you get on!

Not a comment on the Cryptopia debacle, however I see very little liquidity on markets.bisq.network in NZD. Why is that?

With Bisq you control your private keys on your local machine. Users can be market makers or takers. Only your trading peer knows your identity. Bisq holds no information about their users.

More here...

Seems much better than trusting a 3rd party who can abscond with your wealth or be hacked.

Did she transact on a PC? If so, time for a malware scan:

Free AV scan: http://housecall.trendmicro.com/

Malware scan: https://www.malwarebytes.com/

Update your installed AV scanner and give that a run as well.

Rotate the passwords of the Facebook account and anything that shares the password.

Perhaps not dark net sites, those are more censorship resistant but also less intuitive to users.

I'm talking about our clear net fiat exchanges. These are all at risk of being shut down at a moments notice by the government. Last year Australia illegally closed many bank accounts of exchanges they didn't want, and NZ is doing similar in the case of BitNZ. If they wanted it, all these sites would be gone.

It really is great software. I would however concede that perhaps Bitsquare and Openbazaar are but our first iterations of decentralised apps, and that projects like https://ipfs.io/, MAIDSAFE and other implementations of peer to peer internet will render them obsolete before long.

Doesn't change the fact that its still awesome.

The best thing I did was read this book:

https://www.amazon.com/dp/B07BRQ864J/ref=cm_sw_em_r_mt_dp_wD.-Fb6AP83QH

I then combined the advice in the book with some of my own ideas.

1. I stored my seed words on a Billfodl, which is stored in a fireproof safe, the location of which is known by the executor of my will. https://privacypros.io/products/the-billfodl/

2. In addition, my Trezor wallet is protected with a passphrase. The instructions I left for the executor of my will provide clues to work out the passphrase, which is based on info that only members of my family would know.

3. I also provided detailed instructions on what a Trezor looks like, where mine is stored, where to purchase a new one, how to perform the recovery procedure (since my Trezor is also protected with a PIN), etc.

4. Just in case they're still confused by this bitcoin thing, I also provided the details of a trustworthy third party (accountant) who could help out.

easycrypto 'EC GROUP LIMITED; still has not paid me after sending (selling) BSV to 'their' address over 2 weeks ago.
https://blockchair.com/bitcoin-sv/transaction/325d7fd05e5e64907459f245777bf591727c1a6655a1c9c45614e1376079842f
1,840 confirmations as of typing this (as oppesd to the 20 confirmation stated on easycrypto website when selling BSV till funds can be released etc)
At NO TIME was I ever once prompted (nor ever have been) when selling to easycrypto that BSV or other coins are unavailable to sell/buy due to maintenance or whatever etc etc.
Hell they are still accepting BSV sell Deposits right now yet cannot access their exchange wallets to broker and provide liquidity.
Regardless of BSV or any chain, THIS IS THE PROBLEM with sleazycrypo - they will STILL take your coins even though they cannot access THIER non custodial exchange account wallets to then provide liquidy - to the customer.
This is currently being investigated by the NZ Commerce Commission, hence the legality of brokerages accepting coins yet not proving liquidy to customers as agreed.
The fact is, if a brokerage such as EC cannot access their exchanges wallet they should never ever allow users to buy/sell in the first place. Make that coin unavailable and state (prompt the user) with MAINTENANCE MODE. Or a "WARNING "such as.. "we cannot provide funds due to....blah blah blah & If you proceed we cannot guarantee payout (eta) time frame
....................................................................................................................................................
FAQs: July 2021 block withholding/re-organisation attack on the Bitcoin SV network: https://bitcoinassociation.net/faqs-july-2021-block-withholding-re-organisation-attack-on-the-bitcoin-sv-network/?utm\_source=Twitter&utm\_medium=social&utm\_campaign=Orlo

The problem is that crypto addresses are anonymous, so there's not any due-diligence you can do on them (assuming it was a new address / wallet).

With a new crypto address, there is no history at all, so there's nothing for anyone to look up. For an example, you could look at this address which I just generated: https://blockchair.com/bitcoin/address/112J9KznrE7s6QqTqG8asocYDcSHPs9H67

It's a brand new address, so there's nothing at all that anyone could find out about it. Any scammer worth their salt would be using new addresses, so there's nothing that anyone can "look up" about them.

When you buy from an exchange and say "send my money to this address", that's exactly what the exchange will do. They can't know whether it's your address or not, they will just follow your instructions

It really sucks that someone sucked you in with a scam, but as you say at least you caught on relatively early.

The number 1 rule of thumb in crypto is don't trust anybody. If someone offers to help you and you don't know them personally, it's almost always a scam.

Have used BitPrime (once), they give you a little less BTC for your NZD and the interface looks / feels a little antiquated so was not the best experience, but I did get my BTC so no complaints about that.

I've now used EasyCryto buying 5 times, and selling once (just to check I could get NZD out again), interface is modern and gives you more detail in the order history - including handy links to blockchair.com so you can see the destination wallet and transaction on block chain and confirms.

EasyCrypto offer Account2Account, POLI Pay and Bank deposit. Personally I think you would have to be crazy using the first two options considering they both require you give up your bank account ID and private password, I mean seriously ?? If your buying during a weekday I've not waited more then a couple of hours for the Bank Deposit method do go through completely and have my BTC so just use that.

If anyone knows how I can convert NZD to BTC (or other) cheaper I would love to know.

There seem to be a lot of questions here and people who would like to speak to me in person.

If you would like to book a video call and talk to me directly, I'd love to talk to you.

Here's my calendly link, grab a slot and let's jump on a call? https://calendly.com/sam-vimba/vimba-team-meetings

Have not used it as dont have the required 4gb plus RAM computer and technical skills but pretty sure you can buy BTC on bisq.network with NZ$ in fact that is the whole idea. You can also buy other crypto on there if you so wish, but the core point is its a decentralised exchange platform with very low if any fees and red tape...but you must have some technical knowhow.

I would suggest if we form networks informally with freinds and family and workmates there would be enough technically competent people within those networks to enable greater liquidity and opportunity for such networks to completely avoid the need for fee clipping centralised exchanges who are currently charging either exorbitant exchange rates (eg Easycrypto) and/or extortionate exit fees for BTC.

BTC transfer fees are low at the moment. Many exchanges charge rip off fees but EC instead give very poor exchange rate. Better to buy BTC directly from freinds, family workmates. BTC is now reaching critical market mass where we can largely avoid rip off platforms like EC by directly networking.

If you have technical skill try bisq.network.

Boycott the rip off centralised platforms like Easycrypto who were established by Westpacs Corporate Strategy Manager and who are now promoting amoral managed funds which could lead to confiscation of private custody of Bitcoin. DYOR.

Do you have anything to sell you could list on Tradme and offer a 15% discount if paid in btc?

I think bisq.network is going to get better soon as more people flee the KYC AML requirements of current custodial exchanges.

In terms of Wise, keep this in mind:

https://wise.com/help/articles/2932118/incompatible-accounts-and-payments

Where it states:

"You can't send money to a cryptocurrency platform."

So be careful.

> until you start telling people we make enough to keep the business afloat, and act like victims to the industry when you're exploiting it like any other.

Yeah I'm not following you.

Before we entered the market, the price for New Zealanders was 18-30% higher than the international price.

I was annoyed by that, so I built my own service to make things easier and cheaper, at the minimum price needed to keep paying the bills.

Tell me again how that's exploiting anything?

> don't you think going to an old work buddy that I dealt and built a professional relationship with for years would help?

Not in crypto my friend. NZ is most definitely NOT friendly to crypto businesses. Come have a chat with me tomorrow about it if you want. https://meet.google.com/rof-jttq-pei 2pm, see you there.