How does trading using bitcoins actually work?

[deadlyunknown]

Please give me a brief and simple (noobish) explanation on how to do it?


I want to know more with your own experience about trading with bitcoins

[1714272518]

1714272518

[1714272518]

1714272518

[1714272518]

1714272518

[1714272518]

1714272518

[Fjordbit]

Please give me a brief and simple (noobish) explanation on how to do it?

I want to know more with your own experience about trading with bitcoins

Mostly I've ordered stuff on Bitmit. Bitmit escrows the coins, the sellers send stuff in the mail and when I receive it I release the coins.

I've also sold some stuff on here, with and without escrow. With escrow, I used btcrow. Otherwise, I just PMed my address and people sent me coins and I sent them stuff.

Is that enough, or do you have specific questions.

[deadlyunknown]

Please give me a brief and simple (noobish) explanation on how to do it?

I want to know more with your own experience about trading with bitcoins

Mostly I've ordered stuff on Bitmit. Bitmit escrows the coins, the sellers send stuff in the mail and when I receive it I release the coins.

I've also sold some stuff on here, with and without escrow. With escrow, I used btcrow. Otherwise, I just PMed my address and people sent me coins and I sent them stuff.

Is that enough, or do you have specific questions.

Thank you for your explanation, it's very helpful for me about bitmit, but what is escrow?? 

[Fjordbit]

Escrow just means that a third party holds onto the coins until the goods have arrived and the buyer is satisfied. It prevents "sellers" from scamming coins from people by not sending the expected items.