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Author Topic: Similar website as localbitcoins for ETH  (Read 73 times)
avikz
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June 28, 2018, 09:23:33 AM
 #1

Hello members,

I have been using the service of localbitcoins since a long time now for my bitcoin trades. However, I have taken up a lot of exposure in ETH lately which I want to sell for any emergency that may arise in future.

Till date I have not found any website similar to localbitcoins where I can sell off my ETH for Indian rupees. Do you know any?

I know paxful, but there is no open offer for ETH to INR. Any leads will be appreciated!

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pabpete
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June 28, 2018, 09:27:23 AM
 #2

Hello members,

I have been using the service of localbitcoins since a long time now for my bitcoin trades. However, I have taken up a lot of exposure in ETH lately which I want to sell for any emergency that may arise in future.

Till date I have not found any website similar to localbitcoins where I can sell off my ETH for Indian rupees. Do you know any?

I know paxful, but there is no open offer for ETH to INR. Any leads will be appreciated!

I have never used this site, so it's better to do some research first: https://localethereum.com/

For sure stay away from PaxFul - this service is full of scammers!
Seetheummerallyeah
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June 28, 2018, 09:29:55 AM
 #3

Localetherium.

Also paxful is not a scam as it's simply a platform. Sure there are users that scam on it but the same thing can be said for localbitcoins as well
jacee
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June 28, 2018, 09:37:07 AM
 #4

Localetherium.

Also paxful is not a scam as it's simply a platform. Sure there are users that scam on it but the same thing can be said for localbitcoins as well
OP did not said that paxful is scam. He simply can't use it since there aren't much orders of ETH to INR.

With research I found that you can directly trade INR to eth @ buyUcoin and Ethexindia.

If there's no other option, have you tried using zebpay and just buy btc then convert to eth?
avikz
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June 28, 2018, 04:27:56 PM
 #5

Localetherium.

Also paxful is not a scam as it's simply a platform. Sure there are users that scam on it but the same thing can be said for localbitcoins as well
OP did not said that paxful is scam. He simply can't use it since there aren't much orders of ETH to INR.

With research I found that you can directly trade INR to eth @ buyUcoin and Ethexindia.

If there's no other option, have you tried using zebpay and just buy btc then convert to eth?

I especially want to avoid any indian exchange because of the RBI directive which comes into force from July 5th. My bank account may be tagged by RBI if they found any transaction with the Indian crypto exchanges. That's why i am looking for p2p exchange. Localetherum looks like a good resource as it is similar to localbitcoins.

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chocopapaya
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June 28, 2018, 04:34:24 PM
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 #6

If you are willing to be patient, there is a new one that will go live in august called localcoinswap.
They just finished a successful ICO and have been very open and professional about their development.
They are basically localbitcoins, but with 14 different coins supported.
That means you can sell off your coins for other coins or for fiat, all protected by escrow.

Since selling for indian rupees isn't as widespread as USD or CNY, you could always sell your eth off using moneygram or western union.
That is one of the safest ways as the buyer needs to pay in cash and you pick up the cash directly in your local currency.
Of course, it is also a bit more of a hassle as the cash limits are lower and you would have to make trips to your local moneygram or western union teller.

Another thing you can do, is to just go to the marketplace here on bitcointalk and directly try to find a buyer.
Of course, you will have to be extra dilligent in this cause it's scammers galore.
You would probably have to hire a third party escrow service to protect yourself.

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June 30, 2018, 10:54:11 AM
 #7

It is better to seek advice from the investors of eth for this issue. We are all well aware that bitcoins are that welcome in the Indian market. In fact they are banned. On top of that there isn’t any good IT support for the investors in India for bitcoin.
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June 30, 2018, 11:03:36 AM
 #8

Hello members,

I have been using the service of localbitcoins since a long time now for my bitcoin trades. However, I have taken up a lot of exposure in ETH lately which I want to sell for any emergency that may arise in future.

Till date I have not found any website similar to localbitcoins where I can sell off my ETH for Indian rupees. Do you know any?

I know paxful, but there is no open offer for ETH to INR. Any leads will be appreciated!

Have you checked wazirX? Heard they are coming with a new escrow service where there will be P2P selling and no exchange in between. Similar kind of news was out in there last newsletter.
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June 30, 2018, 12:52:03 PM
 #9

Actually it is hard to sell coins now in India. We all are already aware of the fact that case is running regarding the Crypto currency banning in the India. Moreover not all coins have good website like Bitcoin. If you had Bitcoin then you would be able to sell Bitcoin easily. You should seek the advice from the ETH investors.
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July 02, 2018, 06:52:12 PM
 #10

That's an informative post. Localbitcoins is a good site for exchanging your cryptos in exchange of Fiat money. In India there are only a few websites available for exchanging your cryptocurrencies.
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July 06, 2018, 10:35:20 PM
 #11

You can go for locanethereum. This is also good. You can surely try it.
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