News for hackers. Stuff that matters.

A comment on Russian central bank confirms block on foreign bids to sell Russian securities. Parent comment

Re:Russian central bank confirms block on foreign bids to se... by Tenoke on Monday February 28, 2022 @07:05AM (#30498963)
Localbitcoin/local crypto/localmonero and similar (e.g. asking at a crypto meetup forum) are an option if bank transfers don't work. Bitcoin ATMs if you really are in a hurry and willing to take a potentially high exchange rate hit.

Otherwise there's exchanges which still operate within Russia for the time being and some business (tho too rare to be useful but In a big city, if you don't have funds others than what was sent to you, you might be able to buy more than otherwise) accept it though I wouldn't rely on that too much unless you know a specific one.

[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by toyg on Monday February 28, 2022 @07:53AM (#30499289)
Until a quick decree makes bitcoin exchanges illegal.
[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by shafyy on Monday February 28, 2022 @08:24AM (#30499526)
Ok, but at this point I could have just gotten Ruble in the first place no?
[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by Tenoke on Monday February 28, 2022 @08:28AM (#30499564)
If you can then sure it's not for you.

However, not everyone can receive or send rubles as easily to/from the west especially after the SWIFT and related bans. Either way, it doesn't hurt to have the extra option.

[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by kwhitefoot on Monday February 28, 2022 @08:15AM (#30499462)
> Bitcoin ATMs

Where might I find one of these (near mythical) beasts?

[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by Tenoke on Monday February 28, 2022 @08:22AM (#30499506)
Search near your location at:

https://coinatmradar.com/

https://www.bitcoin.com/bitcoin-atm/

I've been seeing them occasionally in big cities since 2014-15 though again it's never worth it at least for me - the exchange rate is typically pretty bad and I'd rather wait but go through a low fee/feeless option.

[ Parent | on HN ]
Re:Russian central bank confirms block on foreign bids to se... by kwhitefoot on Friday March 04, 2022 @09:02AM (#30554818)
Nearest is in Kiel, just short of 600 km away. If I drive to it it will take about eleven hours and involve driving in four countries to drive almost 1000 km.
[ Parent | on HN ]