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Author Topic: Tips for local transactions  (Read 813116 times)
cointastical
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December 08, 2017, 09:58:08 AM
Last edit: December 10, 2017, 04:36:47 PM by cointastical
 #381

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.]

lukerisha
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December 09, 2017, 02:06:52 AM
 #382

Great info for a newbie like me.
Florc41
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December 11, 2017, 07:43:09 AM
 #383

I like to sell food recipes, hogs, cattle and agricultural products within my are.
andrey.u
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December 11, 2017, 11:22:08 AM
 #384

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 Smiley sounds already nice?
BharataFinance
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December 12, 2017, 10:48:06 AM
 #385

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
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December 12, 2017, 04:06:06 PM
 #386

Useful info special for me. Thank you!

Iwantthesundae
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December 15, 2017, 08:33:23 AM
 #387

interesting but it looks like law has caught on to this sort of thing
coino.org
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December 15, 2017, 08:07:33 PM
 #388

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
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December 18, 2017, 04:10:09 PM
 #389

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
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December 22, 2017, 01:35:27 AM
 #390

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

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Asmonist
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December 25, 2017, 12:54:04 PM
 #391

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
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December 27, 2017, 05:42:32 AM
 #392

are there any other websites then localbitcoins ?
winwinmaimai
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December 27, 2017, 11:59:35 AM
 #393

Trading ! We need find all news, when price lower accept buy and when price highest you can sell. But you need patiend
rhenrhen
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December 28, 2017, 04:18:18 AM
 #394

Thanks for all of these tips! These would be very useful and helpful for us. Hope everyone are going to read these.
Ryanpogi
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December 29, 2017, 04:30:30 AM
 #395

 Thanks for this.
many here know how to local transactions. if you have money know crib how thank you.
icoDealDeckcom
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December 31, 2017, 08:57:42 AM
 #396

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.

FOR MORE INFO SEND EMAIL OR PM.  Wink


This is another graduate of the ICO DEAL DECK Start Up Incubator!
BitcoinThief
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December 31, 2017, 09:26:18 AM
 #397

Thanks for this, really helpful
@Mhaiang
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January 01, 2018, 05:33:06 AM
 #398

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.

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Victorheywhy
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January 03, 2018, 03:55:58 PM
 #399

What a vital information. Thank you very much for this.
Ibu Efi333
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January 05, 2018, 06:49:11 AM
 #400

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