Hope you understand that when centralized exchanges like binance get hacked, chances of you withdrawing your money are still possible that's if the exchange becomes active again because technically you didn't get hack, the exchange was and they're entitled to pay all customers but when you get scammed on P2P escrow exchange due to some flaws on the exchange, you're not entitled to recieving your funds back. We have numerous reported cases via localBitcoin which is the most popular P2P exchange that victim of fraud never received back their BTC. So, no system is perfect but I'm sure more better solutions will be introduced in the near future.
We need to understand that exchanges like Binance , and P2P exchanges like coinbaazar , and LBC, works on different platforms. As far as funds are concerned, we saw not only binance but in the past other exchanges got hacked as well, possible every 3rd person in crypto community is a victim of such exchanges. So to ensure that you can use your funds whenever you need , In that regards P2P exchanges are performing well from past few years.Also avoid putting all eggs in one basket. Yes, exchange like Binance and P2P exchange operated on different systems but to me the act of users not receiving back their fund when P2P got hacked is still a flaws and it will be good if better solutions are implement because such cases may discourage new investors or new crypto users. There are comparatively less chances of p2p exchanges of this sort getting hacked . past proves it all , most of exchanges were centralized exchanges which got hacked. |
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A new P2P bitcoin escrow exchange coinbaazar.com is launched worldwide , low fee exchange than pax and LBC , 100's of mode of payments to choose from ,like gift cards , bank transfers and many more ....
Dear trader
EARN WHILE YOU DO YOUR DAY TO DAY TRADE
As a promotional offer, every successful trade by both buyer & seller will earn an reward of 0.5% on the total value of trades done on www.coinbaazar.com[/b] when you visit , pls share your honest opinion here.
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Best tip I've got? Don't click strange links in crypto. Second best tip? A strange link in crypto: www.voodoocrypto.com(Voodoo Crypto is where I learned how to trade, which has been one of the best decisions of my lifetime) Thanks for your valuable advice. |
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Can someone please tell me why localbitcoins.com , a p2p platform has removed all card payment modes like amazon card , google play and other. I believe platforms like coinbaazar.com ,and paxful.com are still open for people with same payment methods.
maybe they get a lot of scam case and want to protect their user i have similar experience in paxful related in hack acc i sell some bitcoin for paypal the buyer request for dispute and in paxful the site dont hold my bitcoin in the end i lost my bitcoin even user submit some proof like id or something it can be fake so you must be aware using some of that website I can understand what happened to you is not a good experience, but still i would suggest you that p2p platforms are safe and secure as they provide escrow service , in which both buyer and seller are protected. The number of scams are very minute , if you consider the amount of trade happens using p2p platforms. You can also use coinbaazar.com , and m sure u will have a different experience. |
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Thanks for the news. I somehow managed to miss out on all these even though I frequent the platform myself. Does anyone have the specific announcement or message? Just would like to see it for myself, even though I now confirm I don't see any of those options on my dashboard anymore. Most recent message was last week on yet another update to their Privacy Policy.
Never actually used any of those methods, always denied people wanting to buy with it too, they were always high risk to me and I guess even now too high risk for LBC. Surprised it didn't happen earlier actually.
Why its high risk for LBC , they are just providing trading platform, its the people who actually trade .Though trade high volume suggest people also wont care about high risk as far as they are protected by escrow services . |
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We can discuss in this thread , the best practices one should be doing to earn bitcoins. Also for detailed information you can refer.
https://blog.coinbaazar.com/
Earn bitcoins with various payment methods like gift cards , people also earn through mining , or buying your 1st bitcoin purchase and more...
www.coinbaazar.com
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Now a days cards vendors generally deal in physical cards , which are not bought online by any scam or something . Yes there could be scams related to cards , but dont forget the fact , there are many speculations going on exchanges being hacked. I think localbitcoins.com is not able to handle the traffic at this moment, as they were having these cards payment facility since long. Countries like south africa solely depends on these cards payment to btc .
It is not that localbitcoins.com site is not able to handle the traffic but they are seeing the users safety that is why they have stopped the gaming card payment system. But i think it is still being traded as users can put that payment option in their trade advertisement so still it is traded by this way. I am afraid cards cannot be traded anymore , if you visit localbitcoins.com , u will realize we cannot find the payment mode type from online offers. Also escrow facility is itself a safety feature for trades which uses gift cards or somewhat same payment type , In this way both buyer and seller are safe. Scams happening through gift cards and btc is very minimal as compared to the number of trades. |
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Now a days cards vendors generally deal in physical cards , which are not bought online by any scam or something . Yes there could be scams related to cards , but dont forget the fact , there are many speculations going on exchanges being hacked. I think localbitcoins.com is not able to handle the traffic at this moment, as they were having these cards payment facility since long. Countries like south africa solely depends on these cards payment to btc .
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It's a very good decision in my opinion and Paxful should follow them because It doesn't matter how careful you are, you could fall for these scams one way or another. I remember buying some cards from someone on Paxful, and he used to have +1000 positive reviews while only a couple negative and then, his cards were carded. I managed to do some digging to find out that he's involved in some carding forums.
Cards are just another payment mode like bank transfer , if we talk about scams or carded cards , a vendor always release btc , when they completely assure the cards balance is used by them only. Otherwise they dont pay . Also escrow facility keeps both the parties safe and gives a fair chance to everyone. i believe options like coinbaazar.com and paxful.com are still there who can actually provide this kind of service. |
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I saw that localbitcoins.com has removed all cards payment type - like amazon , steam wallet and others . Can someone tell me why , and what are the options now.i believe options like coinbaazar.com and paxful.com are still there who can actually provide this kind of service.
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Can someone please tell me why localbitcoins.com , a p2p platform has removed all card payment modes like amazon card , google play and other. I believe platforms like coinbaazar.com ,and paxful.com are still open for people with same payment methods.
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Stop spam all over the forum, this gives a negative review to your platform.
I used google search for your site and did not find a real place. Can you explain more?
I wish you success. We need alternatives to traditional platforms (Localbitcoin & Paxful)
Localbitcoins.com , remove all cards payment options . Now you can check coinbaazar.com |
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Just did a transaction on this platform , went smoothly , I can recommend based on my experience. Its a good alternative to other similar platforms.
Thanks for sharing your honest opinion. |
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The things to consider in new exchange varies upon the kind of platform you want to use , but few things remains inevitable that are
1. security like 2FA, google auth and other
2. How the website looks , like live feeds and all
3 . what exactly it is offering in terms of advantages , like low fees, etc
4. Who are its Competetors
5 . You can simple put a small amount or you can simply go for small investment and trades , and then see if its good for you , and how support staff is helping you .
6 For P2P trades you can visit coinbaazar.com , LBC, also if you looking for centralized exchanges you can check who is available in your location.
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Finally we have a good news , market is pumped , lets wish everyone that a patience of almost 1.5 years is over and now people can finally make some money.
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Hi,
To make sure both the buyer/seller funds are safe p2p exchange like coinbaazar ,LBC, have been introduces in market , so as to bring the transparency among the trades and vendors . This way both the parties are safe by escrow and these trading platforms makes sure that one has a good experience in minimum amount of time. This way one can trade with confidence and 100's of payment modes .
I am using LBC for buying bitcoins whenever I am buying it with fiat because the reason automated escrow which esue there is no chance for scam while I am trading with a person but never inented to store any coins othe than few bucks in case for emergency need so nothing to lose evn if there is hack on them.Most of the people who are buying with fiat will prefer P2P that is why it is gaining momentum over the years. Yes i believe P2P exchanges are good way to buy and sell btc via Fiat and any other mode of payment.If u want you can also check coinbaazar.com , its recently launched worldwide, and is a low fee P2P exchange as compared to other exchanges. |
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Hi,
I am looking for someone who can provide amazon india gift card in bulk
Please PM or comment if you can.
Thank you
Hi Karan. You can buy bulk amazon vouchers from me by paying in any of the currency you choose. I would not be charging any commission. You would pay only the value of the gift card. I would also accept BTC/ETH according to the prevalent rates on LocalBitcoins. Can also take UPI/IMPS if you want to. You can use coinbaazar.com , its recently launched worldwide with 100's of payment method like localbitcoins.com . The other adavantages are low fee from other P2P platforms. |
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Depending on your needs you should use the exchange . For P2P exchange i would recommend coinbaazar.com , localbitcoins.com. Though coinbaazar is new platform but its safe and secure , with all the parameters, also they charge quite less fees which is a major advantage.
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The concept is quite different as it is used worldwide , not specific to single country or location.
It could mean is like a telegram group where people sell and buy or exchange their coins also for bitcoin or other altcoin. Is quite good to see this larger group named as exchange but I don't know how reliable because they do escrow in telegram or localbitcoin. The best way is to trade is through an exchange like coinbaazar or LBC . In that way you always know that your funds are safe as company escrow is neutral and unbiased. |
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Hope you understand that when centralized exchanges like binance get hacked, chances of you withdrawing your money are still possible that's if the exchange becomes active again because technically you didn't get hack, the exchange was and they're entitled to pay all customers but when you get scammed on P2P escrow exchange due to some flaws on the exchange, you're not entitled to recieving your funds back. We have numerous reported cases via localBitcoin which is the most popular P2P exchange that victim of fraud never received back their BTC. So, no system is perfect but I'm sure more better solutions will be introduced in the near future.
We need to understand that exchanges like Binance , and P2P exchanges like coinbaazar , and LBC, works on different platforms. As far as funds are concerned, we saw not only binance but in the past other exchanges got hacked as well, possible every 3rd person in crypto community is a victim of such exchanges. So to ensure that you can use your funds whenever you need , In that regards P2P exchanges are performing well from past few years.Also avoid putting all eggs in one basket. |
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