|
Title: Cash trade Post by: jonald_fyookball on May 09, 2014, 02:25:58 AM So what are the best practices for an in person cash trade ? You show the cash, they transfer and then You hand it to them? Or what?
Title: Re: Cash trade Post by: Chef Ramsay on May 09, 2014, 03:32:47 AM I'd say meet at a public place such as a Starbucks something, make sure both of you buy a drink/bagel or something then post up off to a side table. Request that the person brings big bills in an envelope that could easily be counted and then you either have your laptop or phone handy to make the transaction. These are kinda risky cause they could be govt agents (via a craiglist posting) that are trying to entrap you for money laundering. I'd rather pay a fee and have an exchange take care of the business. If you know the purchaser/seller, that's obviously better. I've heard others meet up and then go to an apartment or other location but that is just extra legwork that is only worth it if you're a freak for being totally anonymous.
Title: Re: Cash trade Post by: jonald_fyookball on May 09, 2014, 03:36:25 AM I would be buying not selling.
Title: Re: Cash trade Post by: OROBTC on May 09, 2014, 06:14:11 AM ...
I have bought BTC for CA$H at a Starbucks, I suggest same procedures as above. I contacted the guy via localbitcoins.com (http://localbitcoins.com). |