Tips for local transactions

[elnino7]

if I were a bank I would facilitate this. Create a secure room in branches where people can meet in person an exchange bitcoin or any other crypto. of course they could charge a small fee or "entrance ticket" like 10 bucks/trade. I know I would pay even more to make sure my person to person trade is secure.

[azulchzwang]

Currently, the Consulate only accepts cash, cashiers check or US Postal Money Orders. Applications cannot be processed until the required fee is paid. The schedule of fees of each service can be found at the website.

[sadiqmillien]

You can successfully trade whatever currenncy you want at https://www.binance.com/?ref=17578886 ,i have being using it for quiet some time now and they are real. Especially those from countries where exchange or buying of currencies have become difficult. you can try it out and thank me later lolx

[icoreports]

My tip is to meet at some sort of table and set up a camera to monitor the transaction.

[New_Delta]

Hallo all! I am new in the Crypto world and have a fundamental question regarding trading, where I could not find an answer in internet at all. (by the way sorry for my bad English).

Let me devide my problem in the two questions below.
I am not sure about, how to watch on a crypto price. Example: Stellar Lumen (XLM).

1) When I follow and analyse a chart, should I watch on the XLM/ETH (or XLM/BTC) chart, or should I watch on the XLM/USD chart?? Background of my question is the following: I can only buy XLM with ETH (or BTC), because it is like that on an exchange platform, right? (no I do not want to sign on XLM platform directly and buy there for USD).

Therefore, I am "forced" to follow the XLM/ETH chart (I trade in ETH not in BTC), at least to know, where I bought, and where I will (want to) sell.
But the XLM/ETH chart is completely different compared to XLM/USD chart. E.g. in ETH Stellar Lumen came back nearly to the bottom (0,00035). This is a minus of about 88% from top (0,00117)! BUT, in USD Stellar lost only 55%.

I think the effect is because ETH at the same time won a lot, but USD is stable. Am I right?

How (where) do you follow your altcoin? Altcoin/ETH(BTC) chart or Altcoin/USD chart?

2) I would like to set a low buy limit (e.g. again for XLM). As mentioned I have to trade (to buy) with ETH. Lets say, the current XLM/ETH price is 100 and i put a buy limit on 50. Now lets say, after 1 week of waiting XLM/ETH price comes down and I buy for 50. BUT when XLM/ETH price comes down, also (mostly) other altcoins and sometimes (after a bearish crypto time) also ETH comes down. Then during my 1 week of waiting time also ETH lost in value. BUT I was waiting for the XLM/ETH price of 50 in ETH!
So here I do not understand, which sense does it make to set a low buy limit when ETH also comes down. I would like to "park" my money in USD and then set a buy limit and buy XLM for USD (and not for ETH), because ETH also comes down together with XLM. Then mayby i catched the 50 limit, but i have less ETH to buy XLM (ETH came also down).

So my question is, how do you solve this problem? Does it make sence to set up a low buy limit in ETH (or BTC)?

Think I did not understand something important. But by now, did not figure out what that could be :-)
Would appriciate a lot a helping answer!

[trendy247]

I think bit-z is a better trading site compared to ED, it's just my opinion though.

[QB Horse]

Thanks for the tip

[Cyril jay]

Thanks for the tip

for this information given i am proudly thankful  because everything is useful and it can a big helpful to me as a newbee

[Nikkolodeon]

THANK YOU VERY MUCH! As a beginner this post really helps me alot. It gives me so much idea about trading locally.Thanks to this thread. I hope that I can have a chance to trade locally very soon.

[New_Delta]

can someone help me with Post 412 ?

[Avdotiy]

This is helpful. I had a lot of problems with EtherDelta recently, when Ethereum network broked. I spent a lot of nerves, saliva, sweat
and blood, trying to safe my money. Hate crypto for this issues.

[uinajoash]

Hi thanks you have shared really useful information.

[Zlatangu]

Read through all of what you wrote, thanks too bad in my country you can get robed off in plain light of bitcoin and other crypto and there is no one that could do damn thing to that. For more info visit Albania

[davoudbagheri]

Hi every one
I want to buy bitcoin in Iran is any body there?

[Imran Nazir]

This things should be considered at all.

Encourage the seller to pay you that is what I think you should do, talk to him/her directly. You should always have an assurance to a person making a transaction with. I am not sure if you can report it with someone who can really help you in case of scamming you. All I can say is not to trust easily.

[Partizanai]

bit panda is accepting debit cards, so you can look into that, you can buy directly to your wallet

[Basterian7789]

What is the effective way to make a transaction?

[vliegenderhollander]

bit panda is accepting debit cards, so you can look into that, you can buy directly to your wallet

But Bitpanda getting nearly 8-9 Euro per 100 euro. It's quite secure, and quite fast but quite expensive also

[Eva Devine]

Thank you for this useful information. Wondering if the bitcoin rollercoaster going to drop even more.

[vishk12]

Crypto - Learn (TA & FA) Technical & Fundamental Analysis along with the Latest News from UK Crypto, join here: https://t.me/ukcrypto