Bitcoin Forum
November 07, 2024, 09:44:39 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to trade cash to BTC ?  (Read 478 times)
McIyoke (OP)
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
December 09, 2017, 06:21:03 AM
 #1

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks
Bitfort
Sr. Member
****
Offline Offline

Activity: 952
Merit: 339

invest trade and gamble wisely


View Profile
December 09, 2017, 07:41:45 AM
 #2

...
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
...

Yes, this is correct way. To be sure wait for more confirmations ... 3 and more (buy a cup of coffee or beer while waiting)

Also you can try localbitcoins if there are any other sellers nearby your location who is willing to meet with you.

MY HINTs
◄M► MINING
◄G► GAMBLING
◄E► EXCHANGE

◄E► (KCS) Kucoin-Staking, Auto-Lending, Trading-Bot
◄E► (BNB) Binance-Staking, Savings, 10% RefBack
◄E► (TRX) Poloniex-Staking, Lending, Fee Discount
◄E► (LEO) Bitfinex-Staking, Auto-Lending

◄G► Betfury-Faucet, Dividend Earnings (BFG holders, mine BFG by playing)
◄G► Bitvest -  Faucet, Bankroll Invest
◄G► CryptoGames-Faucet, Lotto
◄G► PrimeDice-Faucet

◄M► Prohashing (Multipool)-Payout in any coin, get 0.50% bonus for 30 days
◄M► MiningRigRentals (Marketplace)-buy hashrate or rent your miners
◄M► Viabtc  (Pool)-payout to Coinex (exchnage) without fees


PinkB
Sr. Member
****
Offline Offline

Activity: 256
Merit: 255


View Profile
December 09, 2017, 09:03:41 AM
 #3

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks
you can use https://localbitcoins.com/ as an escrow service for this trade.just both of you need to account into localbitcoins.
Kayeshlyn
Full Member
***
Offline Offline

Activity: 294
Merit: 112



View Profile
December 09, 2017, 10:10:33 AM
 #4

It might be sound risky. If you do so, you have to take some middle-man to escrow your trading. Yet, your country has an exchange which might be sounds expensive than peer-to-peer trade. Depends on you, if what it takes. Go on it.
kidddwkr
Newbie
*
Offline Offline

Activity: 106
Merit: 0


View Profile
December 09, 2017, 01:45:18 PM
 #5

 Sad
I'm from China and I got the same difficulty .
There's only one cryptos-trading website named 'Huobi pro' ,and it's too expensive for service charge ,at least 0.0005BTC one time .
chathura
Member
**
Offline Offline

Activity: 117
Merit: 10


View Profile
December 09, 2017, 01:51:59 PM
 #6

you can use Cex.io website trade BTC and you can buy and sell using this site.
rgbrt
Member
**
Offline Offline

Activity: 70
Merit: 10

DHrJPBSTfSbJAvAVbRXuJ1j8L7XP3uNjdZ


View Profile
December 09, 2017, 03:35:41 PM
 #7

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks

This is the right way if the person who sell it to you agree with this term. By doing the transactions directly you both will be able to save the fees charged by the Exchanges.
tocketsearful
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
December 09, 2017, 03:40:49 PM
 #8

Which country are you from my friend? If you are from EU and you bank supports SEPA transfers (it’s the name of the EU bank transfer system) then I suggest you make a SEPA transfer to kraken.com and buy from them. SEPA is by far they cheapest option to transfer that I am aware of.
samuel999
Sr. Member
****
Offline Offline

Activity: 256
Merit: 250

CSGOBetGuide.com - Esports Gambling List


View Profile
December 09, 2017, 10:47:34 PM
 #9

find a reputable seller on this site, there are quite a few around. If you have issues getting funds to them, buy and load a greendot money card. From my experience, these are non reversible and easy to trade for bitcoin.
Sall-Mo
Newbie
*
Offline Offline

Activity: 155
Merit: 0


View Profile
December 10, 2017, 05:45:30 AM
 #10

I think it's best to exchange BTC with a trusted intermediary.Of course, you need to pay some transaction fees to the mediation.But I think it's worth it to lower your risk of cash loss.
osasshem
Full Member
***
Offline Offline

Activity: 625
Merit: 100



View Profile
December 10, 2017, 07:08:58 AM
 #11


I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks


This is a more convenient way to buy/sell your bitcoins. Localbitcoins.com is another good website for trading bitcoins which has an escrow service and ensure safe trading too.
Boseda
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
December 10, 2017, 10:17:31 AM
 #12

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks

Yes, if you meet him in a public place, you unlikely get scammed. Just check out his feedbacks to be more safe.
You can use online exchanges or arrange a deal with some user here: https://bitcointalk.org/index.php?board=53.0
MarkoViewly
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
December 10, 2017, 01:09:37 PM
 #13


I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks


This is a more convenient way to buy/sell your bitcoins. Localbitcoins.com is another good website for trading bitcoins which has an escrow service and ensure safe trading too.

Localbitcoins.com is the only website I know that you can trade for cash directly. Here is a good guide on how to do it.
https://www.coindesk.com/information/sell-bitcoin/

Stay safe and don't carry much bitcoin with you and always go with a friend.
IOTA_THT
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
December 11, 2017, 02:16:32 AM
 #14

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks

just use a local exchanger = profit
braindeadgenius
Jr. Member
*
Offline Offline

Activity: 115
Merit: 8


View Profile
December 11, 2017, 02:29:20 AM
 #15

If you have a bank account, and it's not blocked in your country, try Paxful. It's an escrow based service and there are hundreds of ways to exchange money to buy BTC (or to sell). You can use PayPal, Amazon gift cards, debit / credit card, etc. Just pay attention to the fees. Some people charge a lot more than others.
moneymonkey08
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
December 11, 2017, 07:56:31 AM
 #16

You can also send them via Western Union and buy bitcoins at Paxful! That's what I use!
Preout
Newbie
*
Offline Offline

Activity: 74
Merit: 0


View Profile
December 11, 2017, 09:45:22 AM
 #17

Can I trust the people after I give them money and make sure they will change to bitcoin for me?
braindeadgenius
Jr. Member
*
Offline Offline

Activity: 115
Merit: 8


View Profile
December 11, 2017, 03:53:35 PM
 #18

There's always people you cannot trust. But Paxful has a reputation system as well as an escrow system. It works pretty well for the most part.
9thst
Member
**
Offline Offline

Activity: 65
Merit: 10


View Profile
December 11, 2017, 05:30:36 PM
 #19

Hi guys. So in my country I have only one office where they trade can exchange cash to BTC. But their price is not soo good and they have very many bad feedbacks.
Also I found a guy on a forum from my country that want to sell BTC to Cash. But how should I do to not get scammed ?
I meet with him, we go to internet club and he transfer the btc from his wallet to mine. And after I see the transfer I give him the cash ? Or how it should do ?
Thanks
You can trade cash to btc on exchange. you just need to made a deposit for able to trade on exchange.
elliemargie
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
December 12, 2017, 04:53:49 AM
 #20

There's always people you cannot trust. But Paxful has a reputation system as well as an escrow system. It works pretty well for the most part.

Paxful is legit! They have 300+ payment methods. I just buy using Itunes gift cards and sell using Paypal!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!