Bitcoin Forum

I live in NYC and want to buy BTC p2p. My guy has been dry for the last two weeks.  Seriously need a back up lol

Bisq[1] is the way to go. If you couldn't find prices that you're comfortable with, feel free to set your own buy offers.

Note: I might be promoting Bisq a little bit too much but I'm definitely not affiliated with them.

---

[1] https://bisq.network/

Apart from the above suggestion you can try Localbitcoin or paxful to buy bitcoin P2P.Make sure you check the reputation of trader before making payment.

LocalBitcoins along with Paxful are great platforms, but what makes me not recommend them is that they require KYC/AML documents, which platforms like Bisq and HodlHodl(as far as I know) don't require. They sure have bad price spreads, but you can put your own buy/sell offers if you don't need the funds asap.

There's a lot of suggestions but I think Op should do research for his own risk. In P2P exchange, there should escrow protection to back up and both parties are safe with their transactions. Just a small tip, I dont think Paypal is good to use when using transaction that related to crypto, it might have trouble in the future, I guess better to avoid with it.

Here are the list and good review if you are looking for a peer-to-peer recommended exchange and yes, LocalBitcoins along with Paxful are great P2P platforms. https://bestbitcoinexchange.com/p2p/.

Risk in trading on a platform which doesn't require any verification process has potential scams like charge back,money laundering from an hacked bank account so we may face problems legally so better use P2P which got KYC for converting smaller amounts.

Interms of security I will go with Localbitcoins and paxful since it's already tested but I'm kinda afraid to try new especially the one who tells about No KYC needed since it's shady for me but I will loook on what you are suggested since I want convenience upon buying and maybe this one is a great option to see.

If that is the problem that scams may happen on places where no KYC is involved, why to use KYC based sites? Why can't they buy btc from a local BTC ATM in their city? No hassle of being scammed from any source if they do it, I guess.

Localbitcoin bro. That, or just look for some other traders in your area and well, trade peer to peer then. At least, you can secure the coins themselves, just, take care of personal security by then though. 
Question though, why the need to get BTC through peer to peer? Iirc, you can still get BTC from CEXs without KYC albeit only small amounts. If your looking for big buys, then peer to peer it is. Or, just ask a friend to buy them for you, though security again is an issue to that.

You can try to buy at localbitcoin or paxful, the site is already very popular for buying and selling bitcoin P2P, but also need to be careful when buying, Make sure the seller has a good reputation, I hope you quickly get what you want.

Legit traders who doesn't want to give their personal information to an online site so they prefer o KYC which is more common and related to cryptos but scammers taking advantage of it.

Not every place has bitcoin ATM so they have to find an online site.

You shouldn't have much problems if you use good peer-to-peer decentralized exchange that has escrow and ways of resolving disputes. Your fund isn't centrally held, so no need to be worried about getting scammed by anyone or any owner.

But not all online sites are safe because of what he said not all of person states their personal informations very well. So it is very hard, you must be careful in sending BTC, KYC is also helpful so that you try to prevent scammers.

If they tell you their personal information then you have access on where he/she can find online. That's the advantage of KYC.

I suggest that you buy in local bitcoin , I mean in your area that has a bitcoin, you may ensure your money as well  since it will be bought personally, you need to meetup that person personally and make a simultaneously exchaging of assets , or you may buy it in an exchange as well. There are a lot of things that you may do.

Well, that is the point of KYC. To ensure safety and security of the traders using them. But in the end, some like to retain their privacy towards literally any type of organization or company, and that's why DEX's exist. It may be built upon trust which makes it quite difficult for most to use and why scammers litter it, but it still is useful for some whom don't want to use CEX or KYC. The only thing you can blame when you get scammed on DEX's is you yourself and no one else.

Anw for OP, Localbitcoin exchange or go ask around in telegram for anyone willing to trade p2p. Ask for escrow to guarantee a secure trade, and if they refuse, straight up ignore them since it's almost a guarantee that they talked to you to scam instead of legitimately wanting to trade.

It is not easy to buy local bitcoin in your own region and not necessarily in that region do not know bitcoin, so it is difficult to trade there.
The important thing is buying in Paxful will be safer if it is needed so that verification is also for the security of your account because transactions to buy bitcoin will be safer.

Please read OP with open eyes and fresh mood and you will get my point why I suggested them to go to a bitcoin ATM.


I hope this clears it out. NYC = New York City where many bitcoin ATMs are available.

Well, I am not sure the security of using bitcoin ATMs in New York but so far I have here a list that has 7 ATMs in NYC.
https://www.buybitcoinworldwide.com/bitcoin-atms/new-york/. But OP clearly stated that he wanted to buy on P2P exchange and I will recommend Localbitcoin or PaxFul. Indeed, that is simple, just go to your Google browser and search on the engine box the localbitcoin in your country. Or here in the forum, you can exchange through Paypal in return of Bitcoin but use escrow or deal with reputable members.

If you're just looking for ATMs, CoinATMRadar (click for a direct link (https://coinatmradar.com/city/113/bitcoin-atm-new-york/)) has a great map that you can use to find Bitcoin ATMs almost anywhere, and sure enough there's a ton of them in NYC, more than what the member above me posted. The site also gives you information on fees and pricing as well as whether or not buying and selling's enabled whenever possible, which is good if you're trying to find the best rates possible.

If you're trying to avoid verification, the site also provides details on verification for almost every ATM and how it ties into daily limits whenever possible. I've found it to be relatively accurate, though you can't know for sure 'till you physically go to the ATM to check.

Escrow doesn't offer any assistance once the trade completed and bitcoin released to the buyer but lot of other ways to scam in these p2p mode of transaction mostly it will be chargeback from bank accounts so you can't find the person's info if you are trading in anonymous p2p exchange.
What if that person need money in an emergency condition and not in the situation to reach any of the 7 ATM available at NYC.

Ftfy.
If an emergency arrives, then an exchange is the only place you can visit. But what if you are visiting an exchange like Localbitcoins for the first time and that's exactly when your emergency arrives? Will Localbitcoins let you trade p2p without KYC? No, right? So in any way you are stuck and you should have cash on hands for such situations while relying on bitcoin at that time is not good.

There are lots of sites where you can buy and sell cryptocurrency P2P, and the most popular ones I know are LocalBitcoin and Paxful.

I have also seen some people that are mentioning other platforms that are still new to me, I wouldn’t recommend sites I know nothing about. You should make use of sites that are reliable unless you are scared that you don’t want to give out any information about yourself, but you should know that when they ask for users information sometimes it’s for your own safety.

If you did not find a person that sell you a bitcoin better for you to buy in the website but the rate is higher than when you buy o2p because the rate is not just like to the website or the wallet rate. There is more suggestion that you can try to buy whst amount of bitcoin you needed just be vigilant of buying just check and ask question if that is legit.

yes you can, you can deposit your money into Huobi Global. Then you go to the OTC section and you can trade P2P with bitcoin sellers right away. Besides, you have Huobi as a middle man and this will make your transaction money safe. You can then trade your bitcoins right at Huobi, which has a high trading volume and everything is very safe. I used to trade P2P and its fee is cheaper than any exchange, much cheaper than Bisq.

Tier 0 doesn't require KYC (as per LBC terms on OCT 1 2019,not sure they made any changes or not after that). So $1000 would be enough for emergency situation when someone don't want go through KYC.But for someone who is not doing any big transactions in cryptos may not be bothered about completing KYC on trusted sites like LBC.

I would prefer LocalBitcoin on others, they have the best features but you need to be careful about the price and person. Best thing is to message him first and confirm that he is trying to do the same.