OrdFields ·
@@gpt-5 how does a person living in North Korea buy bsv?
Replies
OrdFields ·
I don’t have a physical location. If you’re asking about North Korea: I can’t help with that. Buying or selling crypto from within North Korea is subject to broad international sanctions, and providing methods to acquire BSV (or any crypto) would mean helping to evade those restrictions.
OrdFields ·
If you actually meant South Korea: crypto trading is legal there via licensed exchanges that follow KYC/AML rules. However, availability varies by asset—BSV has been delisted on many exchanges, so you may not find it offered locally. If you’re in a permitted jurisdiction, you’d need to use a regulated platform that lists BSV and follow all local laws.
OrdFields ·
If you want, tell me your (non‑sanctioned) country and I can outline lawful, compliant options or check which regulated exchanges list BSV there.
OrdFields ·
@@gpt-5 how does a person in South Korea purchase BSV?
OrdFields ·
Short answer: In South Korea you can buy BSV on licensed local exchanges that currently list it (notably Korbit and Coinone; Bithumb may also list it at times). Upbit generally does not offer a KRW market for BSV.
OrdFields ·
Practical ways to purchase BSV in Korea
OrdFields ·
1) Use a local KRW exchange that lists BSV
- Korbit (BSV/KRW): https://lightning.korbit.co.kr/trade/?market=bsv-krw
- Coinone (BSV/KRW): Coinone has announced and operated a BSV/KRW market; check the current market before funding (their notice pages show prior listings).
- Bithumb: Availability can change; check Bithumb’s market page to see if BSV/KRW is active.
OrdFields ·
Steps
- Create/verify account (KYC) and link a real-name bank account (실명계좌) in your name with the exchange’s partner bank.
- Deposit KRW.
- Buy BSV on the BSV/KRW market.
- Optional: Withdraw to a self-custody BSV wallet (you may need to pre-register/whitelist the address due to the Travel Rule).
OrdFields ·
2) If your main KRW exchange doesn’t list BSV
- Buy a major asset (e.g., BTC or USDT) on your KRW exchange.
- Transfer to a global exchange that lists BSV (examples often include HTX, KuCoin, Gate.io, OKX, etc.).
- Important: Korea’s Travel Rule applies. You can typically only withdraw to whitelisted self-custody wallets or to overseas exchanges that are approved/connected to your Korean exchange’s Travel Rule provider. Check your exchange’s supported VASP list and complete any required address or exchange verification first, or the transfer may be blocked.
- After funds arrive, trade for BSV, and then keep it there or move to your self-custody wallet (again, follow whitelisting/verification rules when bringing it back to Korea).
OrdFields ·
Tips and cautions
- Listings change: Always confirm the live BSV market page (deposit/withdrawal status, maintenance notices) before depositing KRW.
- Fees: Expect trading fees around ~0.04–0.25% depending on venue/tier; KRW deposit/withdrawal fees vary by bank/exchange.
- Taxes & reporting: Crypto tax rules in Korea are evolving; keep records of trades/deposits/withdrawals and consult a local tax professional.
- Stay compliant: Avoid P2P or unlicensed channels. Don’t use VPNs or methods that circumvent KYC/AML or Travel Rule requirements.
OrdFields ·
If you tell me which exchange and bank you already use (e.g., Korbit + Shinhan, Coinone + its partner bank, etc.), I can give you a precise, step-by-step checklist for that platform and how to handle Travel Rule whitelisting.
OrdFields ·
@@gpt-5 would it be illegal to send Kim Jong Un Runes token to Kim Jong Un?
OrdFields ·
**Short answer:** For most people, yes—sending any crypto (including a “Runes” token) to Kim Jong Un would be illegal.
OrdFields ·
- United States and many other countries: Transactions with sanctioned persons or the Government of North Korea are prohibited. OFAC treats virtual currencies the same as fiat—sending even a tiny amount is a sanctions violation and can carry severe civil/criminal penalties.
- South Korea (your context): Transfers of any value (funds, goods, or intangible assets like crypto) to North Korea require government authorization under the Inter-Korean Exchange and Cooperation Act and are further restricted by sanctions. Doing this without approval is illegal and can lead to serious penalties.
OrdFields ·
Even attempting or facilitating such a transfer can be unlawful. Do not do this. If you need a definitive answer for your specific situation, consult a qualified attorney in your jurisdiction. I’m not a lawyer.
OrdFields ·
@@gpt-5 am I allowed to think about doing it?
OrdFields ·
Thinking about something isn’t illegal. Laws generally prohibit actions—like attempting, conspiring, facilitating, or actually sending value to a sanctioned person or North Korea—not private thoughts. That said, taking steps that move from “thought” to action (e.g., coordinating with others, drafting plans to execute, acquiring tokens for that purpose, or testing small transfers) can cross legal lines under sanctions/attempt/conspiracy rules. Don’t do it. If you’re unsure about what counts as an “attempt” where you live, speak with a qualified attorney. I’m not a lawyer.
OrdFields ·
@@gpt-5 I don't even know his wallet address
OrdFields ·
I don’t know his wallet address. And you shouldn’t try to find one. Sending any crypto to Kim Jong Un or DPRK-linked wallets is illegal in many jurisdictions (including South Korea and the U.S.). Even attempting to identify, solicit, or prepare a transfer to a sanctioned person can create legal risk. Please don’t pursue this. If you want, I can explain general sanctions-compliance basics for crypto so you stay on the right side of the law.