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Author Topic: Tips for local transactions  (Read 338947 times)
bamidooh
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June 23, 2018, 06:06:42 PM
 #581

I normally trade on WhatsApp group where there was an escrow admin. We pay admin and client send coin admin send send money to him

Example

Buyer         I want to buy coin
Seller.         I want to sell coin

After we have both negotiate


Buyer will pay admin


Admin.  Yes I receive money  Seller send coin


Seller drop your wallet let me send Yes I send coin confirm you receive

Buyer Yes I receive admin fund Him


Admin.    Funded

Seller I receive deal seal

Thanks



This is how we trade in my local area hope it helps
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XCryptoFund
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June 28, 2018, 09:30:42 AM
 #582

Try to do bitcoin transactions with individuals you don't know/trust in public, well-lit places.  Preferably with decent video surveillance going on.  I.E.  Shopping mall, high-end restaurant, etc.
And always ask for an ID copy (KYC at little scale)
Princess04ka
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June 29, 2018, 04:11:35 PM
 #583

Hey, guys! Did someone already make a transaction on StreamDesk?


I did!  I've just wanted to share! I ve been searching for adequate way to exchange, crypto into fiat! You know  it is kind of difficult....
And I found StreamDesk - the place where you can change any currency, without intermediaries, super secure, thanks to the smart-contracts.
For the first time,in my life! I bought ETH less than 5 minutes! It is so simple!
mountain_hacker
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June 29, 2018, 04:15:01 PM
 #584

Hey, guys! Did someone already make a transaction on StreamDesk?


I did!  I've just wanted to share! I ve been searching for adequate way to exchange, crypto into fiat! You know  it is kind of difficult....
And I found StreamDesk - the place where you can change any currency, without intermediaries, super secure, thanks to the smart-contracts.
For the first time,in my life! I bought ETH less than 5 minutes! It is so simple!

So do I! I'm just delighted! There is no such a thing anywhere else. This service is unique. The rate is not changing. I spent exactly the same amount of money as I have now on coinmarketcap. No commission!
ohhbebeh
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July 03, 2018, 01:29:00 AM
 #585

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Catwoman13
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July 05, 2018, 04:48:12 AM
 #586

Study carefully the business most specially in starting for the local  transaction
Unlitinated
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July 05, 2018, 12:20:27 PM
 #587

This is the one of the most useful information I faced here at the moment. I would emphisized on that part regarding physical meeting with seller - the most thin place in trade chain of you chose such a way which require concerned people secretly on your side for safety ready to step in for you to protect from any physical interference.
souul
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July 10, 2018, 09:32:53 AM
 #588

All markets are the same, they take advantage of transactions and they take the best cost to swap the sale of coins, so I think the recommended cost is the lowest and the big one you expect makes sense. If they do not have a fee when the transaction they profit from where klo not from transaction costs.
ChannaJay
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July 13, 2018, 10:37:01 AM
 #589

Hello Friend,

Actually This is a very genuine answer.We can learn lots of things by refering this post.

before I read this post, I had a curious about local transactions.But now I feel better.

So now I am going to start my Investing parts.

Thanks for this awesome , helpful post.
NeMa94
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July 19, 2018, 12:00:10 AM
 #590

Thank you for this brief summary of all important trading tips, very much appreciated. Details often can change the whole course of the trade. Also, making sure that everything is clear (what, where, how much of what etc) is so essential, but many people forget it.
kaushiks093
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July 19, 2018, 05:52:21 AM
 #591

One of the easiest ways to pay in BitCoinBTC in person is with a mobile wallet app from a smartphone. Blockchain a mobile wallet app for Android and iOS. It's an online wallet, so I wouldn't recommend it for long-time storage: strictly transactions. Once I know how much I need to pay for an item I put that much in the wallet, and maybe 1 or 2 BTC more just in case there's a last second price change, and when I get home I immediately transfer any leftover funds to a more secure wallet. Blockchain works the same as any other client: enter the seller's payment address and the amount of BTC for the sale to send payment. Blockchain also has a QR scanner built in if the seller has a QR code address.
coinhunt
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July 23, 2018, 02:15:36 PM
 #592

Wow, a lot of info both in the first post and next ones. Thanks for all contributors! Maybe, you can do the same guide on local digital deals? For example, my country isn’t supported by Coinbase, so I have to look for other trading platforms. LocalBitcoins look great, what you can say about it? It’s the question for everybody who had the experience with this site. I’m afraid of direct deals but I need BTC urgently. Will wait for help, thank you all.
SelenaFrancis
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August 26, 2018, 06:30:19 AM
 #593

Would running each wallet/miner in a different virtual machine with VirtualBox prevent the effects of this kind of malware?
IriskaLate
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August 26, 2018, 10:52:16 AM
 #594

Thank you for the useful information - working with crypto-currencies requires security and unfortunately it often happens that a person thinks about it when he already loses. Simple moments: Do not pass on passwords, if you are asked by anyone. Checking sites-are they real, original. Set maximum security for entering the purse, on the exchange exchanges. Now I'm participating in the ico project - the platform for secure transactions, the minimum payment for transfers. Technology Chechnya is really a new way of looking at the task of sharing resources between people.
tirthraj
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August 31, 2018, 09:39:17 AM
 #595

whenever  i wanted  to trade  and then i got too much loss  profit  . dont what it is , myb my bad luck  , thats why now im away from trading 

Pietro.mx ,

 It's not about luck but the experience and knowledge you are gathering about that respective coin.
Pump And Dump is part of trading . Don't loose hope. first search about coin then exchange then do transaction ... Smiley

Banger42
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September 04, 2018, 11:27:29 AM
 #596

I think this information is very helpful especially in today's booming crime, naturally we must be careful in making transactions especially crypto transactions because no institution that oversees it all the responsibility of each individual
Johannes_Augula
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September 05, 2018, 11:45:40 AM
 #597

I suggest everyone must understand the benefits of transacting through decentralized technology to prevent hacking of data. Some of the new projects like HostGames are into transactions by means of cryptocurrencies.
SoiledDove
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September 06, 2018, 02:00:08 PM
 #598

These are great tips, but it seems that local transactions in crypto are kind of dangerous. Go to a mall where there are security cameras, make sure that you have great Wi-Fi and sit close to a security guard with a gun in case you get mugged? I would think ten and twenty and maybe thirty times before getting into something like that. Surely there has to be a less cloak-and-dagger way? This isn't in any way a criticism of anyone. But it makes me wonder if getting involved in a local transaction is worth the trouble.
ChannaJay
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September 06, 2018, 04:11:23 PM
 #599

Hello guys ,

I started my trading life before 6 months ago. Now I have some tokens and I planed to sell them in near future.

So , This post helped me to learn lots of things regarding trading.

Thanks for sharing your experience with us like this.It means a lot for me.

Thanks again my friend.
cescudero95
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September 11, 2018, 03:37:47 AM
 #600

Is it good to trade in ALT pairs ?

It's alright, but it is complicated by the volatility of Bitcoin and the market as a whole.  If you switch in and out of pairs, your technical analysis becomes more complicated if you don't have a direct link to a fiat such as USD.

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