Bitcoin Forum

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks

Yes, this is correct way. To be sure wait for more confirmations ... 3 and more (buy a cup of coffee or beer while waiting)

Also you can try localbitcoins if there are any other sellers nearby your location who is willing to meet with you.

you can use https://localbitcoins.com/ as an escrow service for this trade.just both of you need to account into localbitcoins.

It might be sound risky. If you do so, you have to take some middle-man to escrow your trading. Yet, your country has an exchange which might be sounds expensive than peer-to-peer trade. Depends on you, if what it takes. Go on it.

 :(
I'm from China and I got the same difficulty .
There's only one cryptos-trading website named 'Huobi pro' ,and it's too expensive for service charge ,at least 0.0005BTC one time .

you can use Cex.io website trade BTC and you can buy and sell using this site.

This is the right way if the person who sell it to you agree with this term. By doing the transactions directly you both will be able to save the fees charged by the Exchanges.

Which country are you from my friend? If you are from EU and you bank supports SEPA transfers (it’s the name of the EU bank transfer system) then I suggest you make a SEPA transfer to kraken.com and buy from them. SEPA is by far they cheapest option to transfer that I am aware of.

find a reputable seller on this site, there are quite a few around. If you have issues getting funds to them, buy and load a greendot money card. From my experience, these are non reversible and easy to trade for bitcoin.

I think it's best to exchange BTC with a trusted intermediary.Of course, you need to pay some transaction fees to the mediation.But I think it's worth it to lower your risk of cash loss.

This is a more convenient way to buy/sell your bitcoins. Localbitcoins.com is another good website for trading bitcoins which has an escrow service and ensure safe trading too.

Yes, if you meet him in a public place, you unlikely get scammed. Just check out his feedbacks to be more safe.
You can use online exchanges or arrange a deal with some user here: https://bitcointalk.org/index.php?board=53.0 (https://bitcointalk.org/index.php?board=53.0)

Localbitcoins.com is the only website I know that you can trade for cash directly. Here is a good guide on how to do it.
https://www.coindesk.com/information/sell-bitcoin/

Stay safe and don't carry much bitcoin with you and always go with a friend.

just use a local exchanger = profit

If you have a bank account, and it's not blocked in your country, try Paxful. It's an escrow based service and there are hundreds of ways to exchange money to buy BTC (or to sell). You can use PayPal, Amazon gift cards, debit / credit card, etc. Just pay attention to the fees. Some people charge a lot more than others.

You can also send them via Western Union and buy bitcoins at Paxful! That's what I use!

Can I trust the people after I give them money and make sure they will change to bitcoin for me?

There's always people you cannot trust. But Paxful has a reputation system as well as an escrow system. It works pretty well for the most part.

You can trade cash to btc on exchange. you just need to made a deposit for able to trade on exchange.

Paxful is legit! They have 300+ payment methods. I just buy using Itunes gift cards and sell using Paypal!