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December 18, 2013, 06:32:22 PM |
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a p2p exchange could be done by having people list their offers (coins and qty), seller put coins in escrow on exchange once a buyer confirms, buyer send fiat to seller by bank, seller confirm receipt and escrow transfers coins to buyer. buyer could also send a small % to exchanger as a performance bond (like 5%) to book the coins in case he doesn't send the money to seller within X days to avoid locking up seller for nothing. performance bond would be the profit for the exchanger.
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