Bitcoin Forum

Hello, I'm not a tech savy person, I have a very bad experience with exchanges. First time I lost 900 dollars and they told me it was phishing website and that I should always type the domain in address and not click from google. Second time was the worst of all, I lost 7.5k dollars worth of crypto and they told me DNS hack or something! (not sure if this is right) but I typed the exchange website myself and it was correct. They didnt refund me anything!

Thanks to god I have invested in Shiba last year and all my losses got recovered. I have now 5b SHIB, I was hoping we will kill another zero and I will sell some of my holding but unfortunately that didnt happen. Now I'm thinking to sell 30m of my SHIB for 2.1 BNB. I dont want to go through any exchanges anymore, I dont think anybody can find a better deal than this on any exchange, I want BNB because I know a secure way to cash it out. So if someone is interested, contact me on my telegram @Heinfend

Do not deal directly this way.

Who will protect you if something goes wrong? Better sell on any reputed exchange like Binance. They are completely safe and secure to use and this you will be better dealing there only.

as I said, Noway I will go through any exchange anymore. A video call before the payment is required if I'm going first. This way I know who I'm  sending money to.

Try not go to telegram blind


put the conversation trade here to people know who is the member

choose a reputable member ,with credentials . 

Web cam ? kmon mate. maybe escrow its much better .


Be careful .

Can you guide me how to escrow please? I will only sell 30m SHIB and as I said I'm being careful. thank you for your care

Please read very carefully all details before doing any deal and here are reputable escrow service providers before doing any deal check who is online and can give you urgent reply never fall in any person trap it's your hard-earned money never give to scammers good luck for your trade here on this forum.

https://bitcointalk.org/index.php?topic=276897.0

OP, where do you have the Shiba stored, to start with? I believe it shouldn't be an exchange since you abhor them now after your supposedly bad experiences. Where, exactly? I'm not sure if Shiba has a private wallet at the moment (I couldn't find any on playstore, though). Nonetheless, if you're looking for a P2P kind of arrangement for the sale of your Shiba; I suggest you use an escrow. An escrow service will keep both the buyer and seller save from scam. The user above @GbitG has already provided you a link on getting escrow.

After posting escrow service provider's link I was also searching but have no any wallet about Shiba, so I am feeling these coins are on any exchange so better he can sell them and try to withdraw his USDT amount easily because here first he needs to search some buyer then having escrow and after this all still withdraw from exchange after paying some good withdraw feed is hassle for OP but still he is in better position to handle this all.

okay thank you, I bought shiba hand to hand for cash in my country

You can trade in different reputed exchanges if you want. In this way you can avoid the problems like finding buyer, arrange escrow service, escrow fee etc. You can find exchange from below https://www.coingecko.com/en/exchanges. Here you will find the official site of all exchanges, so there is no fear of phishing.

First off either you are a scammer or scammers will try to scam here.  Exchanges are probably the best way for you to go about selling your coins.  Start with a very small amount so if you lose it, it's not a big deal.  You will get used to the exchanges quick enough.  Try to stay away from selling on here.

If you trust that kind of transactions so be it, but we are telling you to be more careful dealing with the scammers because you might fall on their trap and lose that money. Exchanges are good and still safe though so I’m wondering why you don’t want to use it where you can be more safe on that. Escrow is also a good option, don’t just deal without any assurance.

It sounds like a scammer lol. You have a bunch of exchange sites available in the market even some didn't even require KYC if you're withdrawing only 30 millions shib. How is it possible for you didn't wanna go to exchange site? You do know the secure way to cash out BNB and why have not you used the same way to cash out your shiba inu? Direct transaction was the worst way to do by the members coz buyers or sellers potentially got scammed without using escrow. Escrow acts as a middle party-like exchange site. That means using exchange site much more complex rather than escrow to do the direct transaction.  ;D

You had bad experience because you used some unreliable exchanges, you should try such exchanges like Binance (if you want to exchange to fiat) or any reliable DEX (Uniswap) as you want to get BNB. But if you really don't want to interact with exchanges any more, you can try peer2peer exchange, but don't do it in such a way you offered. You will not be protected from scammers then. You had better go to BestChange or to Binance in p2p folder and exchange your Shib.

I will advice everyone on this forum to be careful in dealing with the OP, you don't need to be a tech savvy person to use CEX securely and from your vocabulary I can tell that you aren't no newbie in Crypto.
How and where did you acquire so much Shiba Inu, you can as well sell it from the platform that you bought it from.
The biggest joke is you wanting to transact on Telegram, everyone here understands that Telegram is the worst platform for credibility when it comes to trading crypto.

Sell your 30m SHIB where you bought it from.

The thing is that the liquid of meme coins is too law so sometimes people can't lock-in their profit as they can't sell their coins. Fortunately, shiba inu is traded on Binance and other trustworthy exchanges, so you should use it. Otherwise, you will be cheated if you will really try to sell crypto through telegram. It is better to do so only via special p2p platforms or exchanges. But again, I am not sure if you will find p2p platform for exchanging shiba.

It's rather unfortunate that you've gotten a bad impression of using cryptocurrency exchange. It's said that ones bitten, twice shy. I understand your position, but you really need to be careful about your choices. Knowing the person you're trading with through video call does not guarantee that the trade would hold well. I'll advise that you use the Escrow opportunity provided by the forum. I really do hope that the Escrow services would support Shiba.

Thats the bad idea of exchanging your crypto in website without any knowledge and without any extra care about what  you are doing. Phising site is everywhere thats why you need to be vigilant by clicking any links online because you will lose all your funds. Tips by copy and pasting your address double check the first and last digit or letters of your address before proceeding sending or exchanging your crypto and also choose the best crypto exchange website or better use apps for more security of your funds. I know you are already learned about your experience and you will never allow to happen that again because crypto exchanger will never back your money that lost.

If you will carefully the whole content of OP, He didn't want to use exchange anymore even if its DEX, CEX or P2P as long as it is exchange. I know some people that has trauma using exchange after suffering loss on scam phishing links. Most of this victims are newbie so we can't blame that.

Dealing with escrow is the safest and appropriate way to deal with this kind of transaction, I didn't want the proposal of OP to video call first because he can extort the buyer using the video footage in case OP is not a trusted guy to force an unfair transaction. Escrow is a must and no video call required.

I checked and none was found too. The only thing I can see is Trust Wallet and there's an exchange inside that wallet too.
OP seems to not know what he is doing yet and it's good you are here for we could provide some steps needed if you are a legit seller of the said coin.
You need proof about the existing amount first and just like other members said, you might want an escrow just so both sides won't have any problems about the trade that will happen.
The Problem: Not many members here will go thru that process and would rather buy it directly in exchange. First, look for the legitimate buyer in the other section of this forum.

Yep, what's inside Trust Wallet is called a Dapp. Investors and traders alike can easily do their buys and sells there and pay swap and slippage fees. It's a decentralized system and no one hodls anyone's tokens except the one who has the passphrase or key to the wallet. It's better than trading on centralized exchanges. I trade there using Pancakeswap. It's easy to do if one can over look the fees which have become very high now.

I think what the OP wants isn't even feasible. There's no way he gets to sell Shiba Inu without going through an exchange. It has to be from his exchange (since there's no private wallet for Shiba) to another exchange (that of the buyer). It's as simple as that.

you have to show proof that you are trapped by phishing or something so we can be more alert and what exchange made you lose ! until you don't trust the exchange anymore ! there are many methods to quickly sell like the dex trustwallet that friends have mentioned above ! Now price BNB 2.25 for 30m shib there are apps for mobile phones like kucoin coinbase or binance that you can use to trade ,it won't be phishing because you don't have to enter any url in your browser very safe !

You know, a lot of scammers fall for such tricks, especially on phishing sites. It seems like everyone is familiar with nonsense, but for some reason even experienced users fall for these tricks, and about selling it is better to sell on stock exchanges, everything seems to be transparent there.

You can't blame any exchange if you fall on a phishing link. That's your fault not from exchanges.
However, there will surely come a time when you will have to use the exchange, maybe it's better to accept that fact as soon as possible

if you are still looking for a solution, maybe you can check on the BestChange exchanger list where you can directly exchange SHIB to BNB https://www.bestchange.com/shiba-inu-to-binance-coin.html

First of all conratulations to your investment which is now worth around 220k $ which is a life changing amount of money and you have achieved what many are trying to when they are investing into cryptos but of course most of them fail (including me so far). I am strongly against meme-coins because i think they are harmful for the crypto space as a whole but there is no denying that they made some people rich (including you). To your point of selling your SHIB directly to someone via OTC. I would strongly recommend you not to do it. Yes it is very annoying and sad what happened to you when you first used exchanges but does not mean that it has to happen again.
Shiba Inu is a coin that is traded on all the big exchanges and there you can be 99,99% sure that nothing will happen to your money and that everything will work out smoothly.

Trade back your SHIB the way you bought it. We have exchanges that you can trade SHIB on but you prefer using telegram as easy means for you. Is it not somehow fishy and funny?
I wonder what will be the fate of SHIB in year's to come when her price skyrockets a bit. when the investors start selling off their millions of tokens cos majority of her investors has millions of token of SHIB as you do

Why would you fall to exchanges if there are plenty of them that are legitimate?

For you to remove that worry, these are the exchanges where you can sell those shib's of yours.

https://coinmarketcap.com/currencies/shiba-inu/markets/

There's a lot of market for it and there's binance.

Like seriously, do you ever learn a lesson? You said you have lost your money many times, yet you still want to deal with strangers directly, don’t you know that you’re about to take another huge risk? And moreover, which exchanges did you make use and ended up losing your money, why didn’t write their names?

There are lots of trusted exchanges that are very popular in the market, there is – Coinbase.com (which is very easy to use), and there is Binance.com (which is one of the biggest and most popular exchange), so why don’t you make use of any these two exchanges? Or you can even ask your friends and look for local exchangers your location that you can sell your SHIB to, rather than just selling to a random person that would contact you from this forum?