Tips for local transactions

[cointastical]

It's not just thugs in a dark alley that local traders need to worry about, they also now have to worry about thugs with badges who will throw traders in a cage against their will -- all for simply doing a person-to-person trade!

"Man To Serve Year In Jail For Unlicensed Bitcoin Operation"

- https://detroit.cbslocal.com/2017/12/05/unlicensed-bitcoin-operation/

"Bitcoin Case at Kenya’s Milimani Law Courts Sets Precedence"

- http://kenyanwallstreet.com/bitcoin-case-kenyas-milimani-law-courts-sets-precedence

[Local traders sold bitcoin to a thief who paid with stolen bank funds.  Police arrest the Bitcoin sellers.]

[1714483811]

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[1714483811]

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[lukerisha]

Great info for a newbie like me.

[Florc41]

I like to sell food recipes, hogs, cattle and agricultural products within my are.

[andrey.u]

One of the easiest ways to pay in BitCoin in person is with a mobile wallet app from a smartphone.

imagine the time when you'll pay via cryptocurrencies using smart contactless devices sounds already nice?

[BharataFinance]

If anyone is looking to Buy Bitcoins in India. Here is a complete guide with every step explained in detail https://bharatafinance.com/how-to-buy-in-bitcoins-in-india/

[CryptonikaTrade]

Useful info special for me. Thank you!

[Iwantthesundae]

interesting but it looks like law has caught on to this sort of thing

[coino.org]

There is localbitcoin for such transactions, also there are some chats in Telegram, where people come to an agreement and than meet.
So here in Russia we basicly hold meeting in bank or in a huge office center.

[vijendra singh]

Thanks for sharing this useful information.

Being new cryptocoins trader I am definitely going to get more out of it. I have been buying Bitcoins from local exchanges in India

[tutchpa]

i would like to suggest a good method to do local transactions with out meet a person.this will save your valuble time and effort .what u need is a person who can trust by both parties
A=seller
B=buyer
C=intermediate
we see how this deal occurs.
B want to buy 1btc from A.C is the intermediate who is well known by both parties and he should be a trustable person.
first B send money to C for buy btc
once he recived money he should have to inform to B that he has recived such amount of money from B to buy btc.
then A can send btc directly to B (rate sould be negotiate before deal)once B recived btc he should have to inform to C and now C has to send money to A.
advantages-less time consuming
disadvantages-buyer has to pay extra amount to cover extra transaction fees.
accirding to my experiance extra transaction fee is not an big issue comparing with efficacy

[Asmonist]

This is so informative. Thank you for making this thread. This serves as guidelines in transacting with other people especially for trading purposes. I appreciated much about meeting in publoc areas or with cctv cameras. It's really opt to be in the said places for security purposes and in cases of fraudulent transactions. However if I may add I think we can also be vigilant in giving our payments. For me, I prefer the COD method because its more secure to get the items before giving the payment.

[jewguy007]

are there any other websites then localbitcoins ?

[winwinmaimai]

Trading ! We need find all news, when price lower accept buy and when price highest you can sell. But you need patiend

[rhenrhen]

Thanks for all of these tips! These would be very useful and helpful for us. Hope everyone are going to read these.

[Ryanpogi]

 Thanks for this.
many here know how to local transactions. if you have money know crib how thank you.

[icoDealDeckcom]

No need to make local transactions when there is a DAO P2P Coin Exchange platform coming soon where you can withdraw by wiring cash to your bank account, using a virtual Visa Debit Card or buying GOLD for delivery anywhere in the world.

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This is another graduate of the ICO DEAL DECK Start Up Incubator!

[BitcoinThief]

Thanks for this, really helpful

[@Mhaiang]

Thank you pal, this is such a great idea. and very informative threads. I will surely follow those steps of yours in all of my local transactions.

[Victorheywhy]

What a vital information. Thank you very much for this.

[Ibu Efi333]

Thank you for the info, quite clear and complete, this is very useful for me who is still new to join here