Is it possible to trade WITHOUT exchange?

[Wolfwar]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

Trade without using exchange it mean you must find trusted people who want to trade with you or at least use trusted escrow so that transactions are smooth. The negotiation rate offered will be more complicated because you have to discuss it also. Such transactions also have a higher risk so I don't recommend it.

Perhaps I do not fully understand the essence of the question posed, but it seems to me that when using the exchange, when the buyer and seller remain behind the zone of visibility, a more democratic process of selling and buying occurs.  If you use other opportunities, then they will have risks of abuse that can be used to manipulate the cryptocurrency market.

[Mrengage]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

Yes it is possible to trade without exchange, one example is escrow there are people or group of persons who buy those tokens directly from you and pay you up in cash to your wanted bank accounts which in turns Saving you the stress of going through exchangers.

[rodel caling]

Exchange is needed to get a trade agreement, besides that security is another reason. The involvement of sellers and buyers in an exchange will form volume and price changes.

Yeah exactly exchange is important to make trade, exchange is the investor to protect their traders to buy and sell coins. first time I heard can trade or buy and sell coin with out exchange it is very impossible to gonna secured our coins with exchange.

[Hallmader]

You can but it is going to be more inconvenient than doing it with an exchange. The exchange platforms are designed and created primarily for trading cryptocurrencies. If you are worrying about the fees, I don't think the fees are that material. They are a lot lower than 1% per trade. That won't cause you to lose a lot of funds. But if you really want to avoid it altogether, better find someone who is willing to do it on a peer-to-peer basis.

[sana54210]

You can but it is going to be more inconvenient than doing it with an exchange. The exchange platforms are designed and created primarily for trading cryptocurrencies. If you are worrying about the fees, I don't think the fees are that material. They are a lot lower than 1% per trade. That won't cause you to lose a lot of funds. But if you really want to avoid it altogether, better find someone who is willing to do it on a peer-to-peer basis.

Where will he find that except he goes through exchanges that are decentralized and if he is to use exchanges that are decentralized, he should have it in mind that he may not be able to trade that coin on time, and most decentralize exchange still has fees too, just quite too little compared to centralized exchanges.

If we had embrace decentralized exchange from the inset and then encourage them, by now, I am sure all this issue if op would not have been there, but we gave the power already to these centralized exchanges which is why they are charging so much just to help make a transaction happen. The only centralized exchange that I still see not so selfish in this part of fee is Binance because they have the lowest trading/withdrawal fee.

[samcrypto]

Have you tried those P2P trading platforms?

You can use social media for the P2P transactions but deal only on a safe place. I’ve done this before and I always make transactions on a bank which I believe a safe place to transact. This is the only way to trade your coins without using any exchanges, if there’s a new platform online then it must be an exchange.

[sarmrakib]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

You are thinking about the fees but its need a market t trade .Either you will not see the real price and how its impact on the market .So i think its never possible to trade without exchange .

[Mehr Sher]

I don’t use any exchanges instead of I do Crypto Trading from brokers. I am working with various companies like FreshForex, Exness and others where I can do Crypto trading smoothly and with much much bigger benefits as compared to the normal time when you work with exchanges. As in that scenario, you are likely to get stuck but with going for proper brokers, it gives you the freedom to play yourself in and be at absolute ease and comfort.

[Bunsomjelican]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

Are you kidding me? every exchange there is always a transaction fee but you can trade without exchange for me that possible, however,  have you ever seen an a platform that's not requiring any charge? tell me if there is, because I will be glad to use that exchange together with the other traders for sure also.

[pieppiep]

You can try to trade via Jaxx or Coinomi. You can convert your bitcoin in any coins list in that wallet so you can directly get the other coin in a short time without waiting your order buy filled. I think the process will be instant, so you don't have to go to any exchanges. Besides those wallets, you can also go to Changelly or Shapeshift too.

But I never tried that before because I still prefer to trade in the exchanges. Besides that, I can see the chart and the movements of the coin so I can decide to buy or sell at any price I want. No matter if I need to wait for some time, as long as my order buy or sell can be filled later, it is fine for me, and I don't mind for that.

But I don't know if there were a way to trade through command line under Linux because I don't familiar with Linux. But the fee will always be there as we can see a gap in the price on every exchange so you should know that even if you use dex.

[guoyu78]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

Are you kidding me? every exchange there is always a transaction fee but you can trade without exchange for me that possible, however,  have you ever seen an a platform that's not requiring any charge? tell me if there is, because I will be glad to use that exchange together with the other traders for sure also.

There is absolutely no platform, except that would be his first invention and if he has any solution to that, many people would be really glad to accept it, but I have also never seen any exchange that is not without fee, even the sol called decentralized exchanges has fees also, so that which the op is dreaming of is impossible.

Moreover, I guess he has been using the wrong exchange, because if not, how would not be telling me that the little fee that Binance Is charging is still expensive for him, and if he wants them to charge no fee, then he should be willing to let them know how else they can maintain their platform and Pay for the services that is being rendered to him, maybe if he can tell them that, eth all these exchanges will start removing the fee they have on them.

[iMark]

I think trade without exchange is possible when only you will trade face to face. And it is really difficult, not available for all time and its fact of more time. Another way without exchange that is trading by escrow but it also cost some little fees. Another one is trade with an unknown person without escrow in this forum or any buy/sell group but it has more risk. I suggest to don't trade in this way.

I have not any idea about trade via command with Linux or other operating systems. Thanks

Thats right, exchange is a place where buyers and sellers meet and it's very useful if you want to make a profit from buying and selling. trading without an exchange is possible, but it will be difficult if you want to get a buyer or seller quickly. You right, you will not be able to buy and sell all the time, unlike in trading.

[shield132]

Since bitcoin is programmable, is it possible that many people just trade through command line under Linux? This way, we could avoid fees related to exchanges.

Sorry but what do you mean? Since bitcoin is "programmable", you think you will be able to convert it in usd by typing some command lined and then converting back? No man, that's not possible, you can't turn apple into orange without exchanging them or selling one and then buying orange. So the same goes on bitcoin, otherwise it's impossible. Believe me no one likes depositing on exchanges where no one knows which time will be hacked + their fees.