Bitcoin Forum

Economy => Currency exchange => Topic started by: KKaa2532 on May 03, 2019, 11:52:12 PM



Title: Want to buy BTC. Paying by bank transfer in any currency
Post by: KKaa2532 on May 03, 2019, 11:52:12 PM
Hi. I am looking to buy Bitcoins. My money is stored in a money exchange service so I can transfer the funds to any currency and to any bank account. I am not sure the best way on doing this, is there some kind of escrow system that can be used so nobody gets scammed?

If anybody is interested please let me know.


Title: Re: Want to buy BTC. Paying by bank transfer in any currency
Post by: KKaa2532 on May 04, 2019, 06:12:52 AM
There is forum escrows. Could you explain what you mean by "Stored in money exchange" ?
Why don't you just buy those coins from this exchange?
Explain little bit more, also feel free to leave any kind of contact information such as telegram/skype or any instant chat program for contact.
Only in case you are willing to use escrow ofc.

A money exchange is a place like Currencyfair which store your money like a wallet. Then allow you to convert it to different currencies and send it to other bank accounts. They dont support cryptocurrencies though and bitcoin exchanges dont like money transfer services. So the only way is for me to send payment to a normal bank account and do a trade.


How does an Escrow payment work with this? Is there a third party site that I would send the payment to?


Title: Re: Want to buy BTC. Paying by bank transfer in any currency
Post by: The Cryptovator on May 04, 2019, 01:11:34 PM
There is no need of any 3rd party's because bitcointalk have escrows.
Just for remind, forum isn't endorse with any escrow service and forum doesn't hold any users fund. Escrow is introduced by forum users and obviously its third party but trusted.

However there is few trusted escrow who have made ton of escrow services. You might contact with Hhampuz (https://bitcointalk.org/index.php?action=profile;u=881377) or DarkStar_ (https://bitcointalk.org/index.php?action=profile;u=507936), although there is more trusted escrow but I have made deal with these two person. Everything was done smoothly.

Don't deal with people's who isn't enough trusted. Remember, just green trust doesn't prove a person trusted even me. So choose the person who have experience on this kind of deal.

I will suggest, contact with an escrow and mention on your thread. And write more details about your deal and what is your local country. Perhaps someone from your local counrty you make deal with you. It will be easy way and we can see who is escrow or he is trusted enough or not.


Title: Re: Want to buy BTC. Paying by bank transfer in any currency
Post by: anshui on May 05, 2019, 05:21:15 AM
Hi , I saw a P2P bitcoin escrow exchange coinbaazar.com is launched , low fee exchange works like pax and LBC , 100's of mode of payments to choose from ,like gift cards , bank transfers and many more  free registrations and wallets , escrow facility for smooth transactions.
be it buyer/ seller and be ur own boss .


Title: Re: Want to buy BTC. Paying by bank transfer in any currency
Post by: mr.relax on May 05, 2019, 07:12:18 AM
Interesting Project. But why should I trust a site thats is not made by a company, is not transparent,
stays anonymous and has no real reviews or experience because its new?
There is no Imprint on the site.

It seems to be from India(as DNS shows), but isnt trading Crypto almost illegal in India?(Im not sure about that)
Or is it from Georgia, as ToS shows:
Quote
the complete Bitcoin traders services are controlled and offered by us from Georgia.

Scamsites also look like that.


I never give to an unknown person/site/company my coins as escrow.

Would you give anyone that you see the very first time in your life, whos identity is unknown,
would you give him a few thousand dollars for to keep it safe for you?
I would not.

I dont trust every new unknown site.
Setting up that in india costs maybe 1 BTC.
Just imagine to receive only 10BTC for escrow and run.
Thats a huge amount of money in India...dont wanna think about the possibility of an exit scam with thousands of BTC in the pocket...
 
Isnt it much safer to use a reliable escrow like forum escrow or Localbitcoins?