Can you buy Bitcoin legally?

Although you can use a credit card to purchase cryptocurrency, it is not a good idea because cryptocurrency price volatility could inflate the overall cost of purchasing a coin. Bitcoin is legal in the United States , but some banks may question or even stop deposits to crypto-related sites or exchanges.

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Can foreigners buy Bitcoin?

So basically, anybody can invest in cryptocurrency and it doesn’t matter where you are or where you are from since buying and selling Bitcoin is not considered a form of employment. The profits and losses you make trading cryptocurrency are considered capital gain and capital losses.

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