Tips for local transactions

[ropyu1978]

I speak for turkey. ı opened a small business in a city with a population of 100.000 in turkey. sport complex. but things are bad. I think the level of culture of the people in the place where the business is going to be opened is very important. some cultures do not like to get services and pay him. the service you give is not a matter of water even if you want to drink free of charge. I first to determine the socio-economic status and socio-cultural levels of the people around the place.

Hello sir,
Do you still have your business opened? And where in Turkey?
Thanks

If you want to do business locally, you have to know what other people are most interested in in your area, if your business with turkey is failing and the results are bad, then you have to dare to try other businesses.
you must be clever looking for opportunities to be able to benefit ..

[1714550111]

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[Blockrocks]

This is an old post from 2013. Who is still doing in-person cash transactions and how are you doing them? I have not done an in-person Bitcoin transaction before but I have P2P using Cryptolocally. They also offer a non-custodial escrow service for cash in person. Id be interested to know how you conduct in-person cash transferss now 

[JeromeTash]

This is an old post from 2013. Who is still doing in-person cash transactions and how are you doing them? I have not done an in-person Bitcoin transaction before but I have P2P using Cryptolocally. They also offer a non-custodial escrow service for cash in person. Id be interested to know how you conduct in-person cash transferss now 

People are still doing them through so many p2p trading platforms like localbitcoins and localcryptos that will act as their escrows, especially if they are from the same city. Let's say some want to buy Bitcoin in exchange for cash. If you are from the same city, you can open a trade and the Bitcoins go into an escrow. You go meet the person who then gives you the cash, and then you release the Bitcoins

[fortebettor]

This is an old post from 2013. Who is still doing in-person cash transactions and how are you doing them? I have not done an in-person Bitcoin transaction before but I have P2P using Cryptolocally. They also offer a non-custodial escrow service for cash in person. Id be interested to know how you conduct in-person cash transferss now 

People are still doing them through so many p2p trading platforms like localbitcoins and localcryptos that will act as their escrows, especially if they are from the same city. Let's say some want to buy Bitcoin in exchange for cash. If you are from the same city, you can open a trade and the Bitcoins go into an escrow. You go meet the person who then gives you the cash, and then you release the Bitcoins

What if someone comes in with a gun pointed to your head?

[JeromeTash]

What if someone comes in with a gun pointed to your head?

It's why the guide is pinned there in the first place. Read through it again carefully. It emphasizes traders to meet up in public places where there are so many people to avoid scenarios where one can be robbed on gun point or mugged minus any witnesses.

Personally, I have heard some cases where people were robbed off their bitcoins under gun point because they chose to meet trading partners in secluded places.

[Iq45]

Avoid doing operations inside the transaction block that are not related to the actual SQL operations. Transaction Exception to be thrown for every possible failure in the transaction block.

[Jazzi Mahesh]

If you want to treat multiple SQL operations as a single unit of work, you can use local transactions in your strategy.

[martina14]

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

For extra security, have the camera recording to some sort of remote server. 

Your write dude, with this thing we have evidence if ever there is something to have in which is not good to our transactions.
Due to I've seen a lot of this incidents where they complaint but they don't have any proof or evidence to show that they're transaction
is real, at least with this matter you have.

[sklopan]

In general, I always advise you to pay maximum attention to security. For me, this factor is one of the key.

[Afterclap]

Thanks for the tips on bitcoin transactions! I'll definitely be more careful about who I transact with and make sure to double-check everything before completing a transaction. Thanks again for the advice!

[Bitcoin_Arena]

Honestly I my wallet didnt really start to make any difference in my life until i did some more research and learned as much as I could, the best thing by far that got me really interested and finalkly making ernough money to quit my job and live a better life was this info source. it did cost me a low one time membership fee but its soooo worth it I made over 50 times what the membership fee is in my first month and a half after joining, the tips alone helped but the support throughhout whenever I had a quesgtion my nemail was answered within minutes  along with the signup bonus its definitely a group worth joining if your serious about making some serious money and not just playing around in these every day advancing markets... ill post a link if yous want to check it out...
https://[suspicious site removed]

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WARNING

The person above is sharing a deceptive site which can be used to collected people's user details like names and addresses. This can be used to social engineer, send deceptive spam and hack victims' accounts.

[LUCKMCFLY]

I always do local transactions with an exchange house, it is the safest for me because I do not have access to banks nor do I do any type of transaction to give the government a way to be investigated, if we start to see the exchange houses already have their ways of being able to evade or pay taxes, not us, of course what I did was the following, go to the exchange house that exchanges local currency for Eur, DOLLARS and COP, I must emphasize that at first it was very difficult to get , because they had not adapted to this, but currently there is and there are many associated services, also with Binance it is fast, the bad thing is that Binance is very centralized and can give some details of our KYC to governments when requested

[FahriZah]

Every Single Transection Need To Use Big Amount Transaction And Always Try To Use That's Network Fees Very Low Than Use Local Transection.

[Framelover]

I was writing this as a reply to someone else's topic and it got kind of lengthy, so I decided to make it into a topic instead.

The intention of this topic is to help new buyers and sellers in the BitCoin community who are looking to meet up and trade locally. I've done a lot of local trades and sales over the years, so I'm hoping that my experiences can help beginners by giving them ideas on how to trade safely. For this purpose I've separated my advice into three sections: meeting for trades, advice for buying, and advice for selling.

I've tried to format everything in a clear and concise manner to make this topic more readable. I'm open to suggestions for edits and additions to help make this guide as useful as possible.

Hope this guide helps anyone looking to start trading locally!

Note: Some names/locations I mention are US based, so I apologize if they're irrelevant for your location. The theories behind this topic should be fine regardless of country.



Meeting:
There are three main things I look for in meeting places:

• Public Location - Are there plenty of people around?
• WiFi Access - Is there free or cheap public WiFi access in the area?
• Security - Are there security cameras or security guards in the area?

Public Location:
Public locations are like Local Trading 101: it is always better to meet in a public place. Scammers and muggers are a lot less likely to try anything with witnesses around. You can usually find these people early on by simply requesting a public meeting place: they want to meet their victims alone.

WiFi:
Places like McDonalds, Starbucks, Barnes & Noble, and many local coffee shops offer free WiFi access. A lot of hotels offer WiFi as well, but usually not for free or to non-customers. Bring a laptop or tablet with you if you have one so you can check transaction details and confirmations. Depending on what you're buying/selling/trading, having a computer to do some last second research on item values can never hurt if you're worried about getting the short end of the stick.

Security:
A location with security cameras adds an extra layer of security to a trade. If the other party does get away with stealing from or scamming you, you'll have physical evidence in a recording that can help the authorities track the offender down and bring him to justice. Security guards can help set your mind at ease if you're concerned that you might get mugged: muggers are a lot less likely to rob you if there's a guard with a gun a few yards away. A guard can easily step in and save you if a mugger does start attacking you.

My personal recommendation would be to meet at a mall, if there's one in your area. Malls have tons of security measures to help protect you as you make your trade, and many malls have WiFi access across the entire property: there's a good chance that one of the mall's stores has WiFi access even if the mall itself doesn't. Banks are a good choice too: banks have great security, and some bigger banks have WiFi access as well.

Buying:
There are three things I want to cover about buying in-person:

• Reviewing Your Purchase
• Paying with BitCoin
• Paying with Cash

Reviewing Your Purchase:
For buying items, remember that there's a lot you can't tell about something just from pictures. Make sure to look the item over carefully and make sure everything is in working condition/described condition before you pay the seller. A seller who is unwilling or nervous about letting you check out an item may know something about the item he doesn't want you to find out. It's a good idea to meet during the day or in a well lit area so you can see everything clearly. Don't be afraid to ask questions if anything feels off and don't feel obligated to complete a sale you're uncomfortable with.

Paying with BitCoin:
One of the easiest ways to pay in BitCoin 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.

As a side note, I use an iPhone and Blockchain is, to my knowledge, the only wallet app for iOS without jailbreaking your phone. I have no knowledge about jailbreaking or Android apps for alternatives to Blockchain, but you can always do your research here on the forum or on the BitCoin wiki to find an app that works for you. You can also use your laptop, if you have it with you, to access your wallet and pay the seller. I recommend creating a brand new wallet for the transaction, especially if you're the paranoid type. Better safe than sorry, right?

Paying with Cash:
This section focuses on buying BitCoins. One of the more common OTC transactions is buying BitCoin with cash. If you're buying BTC, you need to give the seller a payment address to receive your funds. You can use your mobile wallet to receive the funds, which you can then transfer to a safer wallet when you get home, or you can write down or print out a wallet address for the seller to send the BTC to. If you do the latter method, make sure to confirm the transaction before you part ways: use a laptop to check your wallet and confirm the payment or have a trusted friend/family member monitor the wallet and contact you with confirmation of the funds.

Selling:
There are a few things to review for sellers:

• Terms of the Sale or Trade
• Accepting BitCoin Payment
• Accepting Cash Payment
• Other Forms of Payment

Terms of the Sale or Trade:
If you and the buyer have agreed to the terms of the trade ahead of time (as in what is being sold and for what price), I recommend printing out a copy of the agreement or correspondence (emails, forum posts, etc.). I've had experiences where the buyer tries to change the deal at the last minute or claims that I agreed to a lower price for the sale. Printing out what you offered and he accepted will back you up and help you get the price you asked for. You can also take a picture of these correspondences with your phone or digital camera if you don't have a printer, or use a laptop/tablet to bring them up if WiFi access is available.

Accepting BitCoin Payment:
Write down or print your payment address and bring it with you: I also recommend having a QR code address printed for buyers who use mobile wallets. Make sure you have a way to confirm payment before you part ways with the buyer. Use a laptop/tablet to check on the transaction for confirmations as well as affirming that the buyer paid the correct amount. You could also have a trusted friend/family member monitor your wallet and contact you with confirmation if WiFi is unavailable. Mobile app wallets may be able to confirm transactions on the spot, negating the need for WiFi access and a computer if you have a 3G/4G phone: the Blockchain app I mentioned can do this for you.

Accepting Cash Payment:
The main concern with cash payment is counterfeit bills. Most banks and retail locations keep special markers at the registers that can show if a bill is real or counterfeit. Here's an example on Amazon. These markers are a cheap investment if you're worried about receiving counterfeit money. I've also found them at office supply stores like Office Depot and Staples for around $5-$15. Keep one in your pocket and mark the bills before you finish the sale. Make sure you explain to the buyer what you're doing so they don't freak out on you: I've had that happen before.

Other Forms of Payment:
The are two things to remember about alternative forms of payment: one; try to agree with the buyer ahead of time about the use of non-cash/non-BTC payments, and two; do your research on the payment method to make sure you know what you're getting and how it works (and how easily, if possible, it can be forged or reversed). This forum is full of warnings about certain payment methods for good reason. BitCoin purchases seem to be the bigger targets for chargeback fraud, so keep yourself educated when you're selling BTC in person.

There is one final warning I would like to give in this section: do not accept personal checks. One of the first in-person sales I ever did was for a personal check ($450), and I'm sure you can guess how that went simply by the way I've brought it up. Another check sale a few months after that one was paid for with a stolen checkbook and I had police show up at my house asking about the sale so they could find the guy. If you absolutely must accept a sale by check, I would recommend completing the sale at a bank so you can cash the check on the spot.

Other Tips:
This section is for good advice submitted by other posters. Thanks for your contributions!

• Make sure to specify your expectations in advance. Confirm the time and place of meeting and make sure that both parties have everything on hand to complete the sale or trade. ~ Stephen Gornick
• Strength in numbers: bringing along a second person can be an excellent source of additional security and protection. ~ Vernon715

This is a Job well done on putting together a guide to help new buyers and sellers in the BitCoin community. Your guidance regarding conducting trades, purchases, and sales is highly insightful and beneficial. Opting for a public location that offers WiFi access and security measures is a wise decision. Although using mobile wallet apps or cash for transactions can be effective, it is essential to exercise caution and confirm the transaction details before concluding it. It's commendable that you suggested meeting locations such as malls and banks, and highlighted the significance of inspecting the purchase before making payment. In all, your guide is a valuable resource for individuals who want to initiate local trading. Great job and Thank you so much for the masterpiece!

[synchronym]

If you are interested in doing business, you must think about how you are known and what your surroundings are like. Because if you do business with turkey, you will suffer. Then it could be very bad for you. I say this for when a man wants to trade in turkey. He wants to do it with a lot of hope, So you have to think carefully about every decision you make so that you don't get hurt in any way.

[xmm0827]

Thanks for the practical advice and strategies that help newbies navigate the world of local bitcoin trading safely and effectively.

[FahriZah]

Tips for local transaction and who know as well in the local transaction example when someone need to sent some crypto currency to others person than need to know how to do safely and which network is best for transaction which network transaction fees is very low and faster.