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Author Topic: Questions for in-person BTC/cash exchangers  (Read 721 times)
Chris Acheson
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July 01, 2011, 03:36:01 PM
 #1

I'm thinking of buying and selling bitcoins locally, mainly as a way to make it easier for people to get involved in the bitcoin economy.  I know some other bitcoiners are doing this as well, so I'm interested in getting some advice on how to go about it.

  • Do your customers come to your home, do you go to them, or do you meet somewhere?
  • What safety precautions do you take?
  • What kind of fees do you charge?
  • How much business do you get, and what kind of area are you located in, population-wise?
  • Where do you advertise?
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as3ard
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July 01, 2011, 03:57:35 PM
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This i how I imagine it: both of you go to a public wifi place with your laptops, you take the cash, send the btc, both parties can check the transaction and both can feel safe being somewhere public.
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July 01, 2011, 04:38:52 PM
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use Ubitex.org to do your match ups.
Chris Acheson
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July 01, 2011, 05:10:00 PM
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use Ubitex.org to do your match ups.

Is this something that you actually do?  I've been watching Ubitex since it opened, and honestly it doesn't seem very useful at the moment.  At the very least, I'd want the ability to tie my prices on there to the prices on other exchanges, like you can in #bitcoin-otc.

For advertising, I was planning on just putting something up on craigslist; maybe mentioning it on facebook too.
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