Bitcoin Forum

Economy => Trading Discussion => Topic started by: Faded on March 17, 2016, 11:57:05 PM



Title: Safe Exchange/Trade
Post by: Faded on March 17, 2016, 11:57:05 PM
Hello.My question is how i can safely exchange/trade with bitcoin without using a middleman?
Is there something like a software which will help both sides for secure trade?


Title: Re: Safe Exchange/Trade
Post by: nonbody on March 18, 2016, 12:04:21 AM
You could use on chain exchange platforms like shapeshift.io, OpenLedger, NXT AE etc, which eliminate the chance of exchanges getting hacked or inside jobs.


Title: Re: Safe Exchange/Trade
Post by: Technologeek on March 18, 2016, 03:37:42 AM
Would you trust a software or a human ? Try out the few reputed forum's escrows.Use one of them.Don't go for such third party websites, they charge more service fees.


Title: Re: Safe Exchange/Trade
Post by: pooya87 on March 18, 2016, 05:46:51 AM
do you mean something like exchanging currency "P2P" ?
have you tried currency exchange section of the forum here: https://bitcointalk.org/index.php?board=53.0

also as long as there is no reputation and no trust, you will need a middle man like escrow no matter how you do it.


Title: Re: Safe Exchange/Trade
Post by: RealPhotoshoper on March 18, 2016, 05:08:48 PM
Hello.My question is how i can safely exchange/trade with bitcoin without using a middleman?
Is there something like a software which will help both sides for secure trade?
you should tell your reason why are you dont want use middle man or escrow,as i know software also have chance to scamming you,because software also managed by people,its also called middleman,just try to put your trust to people or exchange.


Title: Re: Safe Exchange/Trade
Post by: Fortify on March 18, 2016, 10:08:46 PM
There is always http://www.localbitcoins.com which is a fairly reliable platform, however you will stick have to watch out for clever scammers who abuse their system. Prices are a bit higher than other exchanges, they do offer a few other features though.


Title: Re: Safe Exchange/Trade
Post by: catlove on March 19, 2016, 03:59:34 AM
There is no middle man for using Bitcoin. If all your income and expenses were be in Bitcoin, the transfers would have negligible overhead. But it not safe.
If you don't like middleman, you can trade at trust exchange site as btc-e, poloniex,...


Title: Re: Safe Exchange/Trade
Post by: Herbert2020 on March 19, 2016, 11:44:20 AM
maybe you should explain more about what exactly you want to do, and what you have in mind.

if you want to do a business and accept bitcoin as payment (trade bitcoin with goods) you have to use a middle man (an escrow) unless you have enough trust built up and the buyer feels safe doing this. since bitcoin doesn't have charge-back there is no other way.

you can use some platforms like localbitcoins for this but the same story about trust is true there too.


Title: Re: Safe Exchange/Trade
Post by: ctlaltdefeat on March 19, 2016, 01:27:26 PM
Hello.My question is how i can safely exchange/trade with bitcoin without using a middleman?
Is there something like a software which will help both sides for secure trade?
trade bitccoin on exchange fully safe for me,i think coinbase good exchange for you to trade bitcoin,of course its not use middleman,it also depending where you life,you shuld find best exchange that support any bank account from your country.


Title: Re: Safe Exchange/Trade
Post by: enhu on March 19, 2016, 04:26:26 PM
You could use on chain exchange platforms like shapeshift.io, OpenLedger, NXT AE etc, which eliminate the chance of exchanges getting hacked or inside jobs.

Those are browser base. I'd also like to see some trading software for these cryptocurrencies just like how they trade in FOREX to which they use metatrader software. Metatrader shows graphs and though crypto may not have indicators, i still think its possible. i wish secondstrade will develop their own though.


Title: Re: Safe Exchange/Trade
Post by: BitMaxz on March 19, 2016, 04:34:59 PM
Hello.My question is how i can safely exchange/trade with bitcoin without using a middleman?
Is there something like a software which will help both sides for secure trade?
trade bitccoin on exchange fully safe for me,i think coinbase good exchange for you to trade bitcoin,of course its not use middleman,it also depending where you life,you shuld find best exchange that support any bank account from your country.
some country in coinbase is not supported and i think many site has a high trusted score you can try go in this link you can see lots of exchange site partners. https://perfectmoney.is/business-partners.html
Make sure to choose the trusted score is above 1k so that you are in safe..


Title: Re: Safe Exchange/Trade
Post by: tyz on March 21, 2016, 06:44:12 PM
I would strongly recommend to use decentralized exchanges in order to be safe. I personally use Nxt Asset Exchange and OpenLedger exchange. You got more security but on the other hand the exchangeable coins are limited.


Title: Re: Safe Exchange/Trade
Post by: 1Referee on March 22, 2016, 08:41:03 AM
I would strongly recommend to use decentralized exchanges in order to be safe. I personally use Nxt Asset Exchange and OpenLedger exchange. You got more security but on the other hand the exchangeable coins are limited.

The majority of the people here don't even know what the difference is between normal exchanges and decentral exchanges.

OP; you're best option will be localbitcoins or perhaps that you can find some one here in this forum where you can trade face 2 face in a crowded area.


Title: Re: Safe Exchange/Trade
Post by: Technologeek on March 22, 2016, 07:53:58 PM
OP; you're best option will be localbitcoins or perhaps that you can find some one here in this forum where you can trade face 2 face in a crowded area.
Why in a crowded area lol they're exchanging bitcoins and not bomb making chemicals.


Title: Re: Safe Exchange/Trade
Post by: jack1111 on March 23, 2016, 05:43:00 AM
you can trade bitcoin safely using any trusty exchange website like c-cex  or yobit . they are very safe


Title: Re: Safe Exchange/Trade
Post by: tyz on March 24, 2016, 09:55:03 PM

The majority of the people here don't even know what the difference is between normal exchanges and decentral exchanges.
Probably, but he could google it and learn about when he is interested in safe trading methods.

OP; you're best option will be localbitcoins or perhaps that you can find some one here in this forum where you can trade face 2 face in a crowded area.

He was asking for software to avoid middleman, not face to face trading. Face 2 face trades even in crowed areas could be very dangerous.