[ANN] – TradeYourBitcoin.com – The Decentralized Exchange - page 2.

TraderTimm

legendary

Activity: 2408

Merit: 1121

Was checking on the legal part for Square -- and although they don't specifically target bitcoin, the following statements from here may invalidate usage for it:

https://squareup.com/legal/ua

Quote

"By creating a Square Account, you also confirm that you will not accept payments in connection with the following businesses or business activities: < snip > (15) financial institutions offering manual or automated cash disbursements, (16) financial institutions offering merchandise and services, (17) sales of money-orders or foreign currency by non-financial institutions, etc..."

Too bad, eh? Payment processors are real kill-joys.

Trader Steve

hero member

Activity: 836

Merit: 1007

"How do you eat an elephant? One bit at a time..."

Quote from: TraderTimm on June 17, 2012, 12:31:00 PM

Nice site.

If you sign up for square, you could have them pay by credit card on your smartphone - though I don't know what their chargeback policies are. Perhaps cash is best.

Like to see the userbase grow of course, but its a good start.

Update:
Hmm, just checked - they say it is %2.75 for swiped cards. So on a transaction of $100, that amounts to an extra $2.75. Not bad... apparently there are no chargeback fees, either. Business opportunity?

Great idea although the philosophy behind the site is to help people avoid the banking system altogether. Nevertheless, people are welcome to trade via credit cards, PayPal, etc. Cash is still "King" though!

Trader Steve

hero member

Activity: 836

Merit: 1007

"How do you eat an elephant? One bit at a time..."

Quote from: aq on June 17, 2012, 12:26:13 PM

For me, as a user, what is the difference to http://localbitcoins.com/ ?

Localbitcoins.com is a great site. I recommend that buyers and sellers use all of the sites to improve their liquidity and opportunities for trading. TradeYourBitcoin.com is intended to be more streamlined and simple. Only sellers need create a listing. Buy and sell prices are negotiated directly between parties. Also, TradeYourBitcoin.com allows for 65 different language translations so it has a nice, global reach.

TraderTimm

legendary

Activity: 2408

Merit: 1121

Nice site.

If you sign up for square, you could have them pay by credit card on your smartphone - though I don't know what their chargeback policies are. Perhaps cash is best.

Like to see the userbase grow of course, but its a good start.

Update:
Hmm, just checked - they say it is %2.75 for swiped cards. So on a transaction of $100, that amounts to an extra $2.75. Not bad... apparently there are no chargeback fees, either. Business opportunity?

aq

full member

Activity: 238

Merit: 100

For me, as a user, what is the difference to http://localbitcoins.com/ ?

Trader Steve

hero member

Activity: 836

Merit: 1007

"How do you eat an elephant? One bit at a time..."

Quote from: Phinnaeus Gage on June 17, 2012, 11:38:08 AM

Is the English language option missing?

English is the default language.

Quote

The closest seller to me is only 1,600 miles. Cool!

Yes, therein lies the opportunity for local sellers to list themselves

- it's a brand new site so folks should list themselves if they want to have local buyers pay them in cash for their bitcoin.

Quote

I love your site, BTW.

Thanks!

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Is the English language option missing? The closest seller to me is only 1,600 miles. Cool!

I love your site, BTW.

~Bruno~

Trader Steve

hero member

Activity: 836

Merit: 1007

"How do you eat an elephant? One bit at a time..."

In keeping with the spirit of decentralization we are proud to introduce another tool to help you find local trading partners to facilitate your bitcoin exchanges and improve liquidity.

The benefits are many:

Build your local bitcoin trading network
Trade for cash
Stay away from centralized exchanges
Avoid the banking system entirely
Maintain your privacy - No ID required!
Faster exchanges

What makes TradeYourBitcoin.com different?

Simplicity of use
Only sellers need create a listing (consisting only of an email address)
Buyers just enter their zip code to find local sellers
Nothing complicated to configure or calculate
Language translation into 65 different languages
Negotiate directly with the seller via email and trade in person for cash

Check it out – it's FREE. Start building your local trading network today!

http://TradeYourBitcoin.com

Topic: [ANN] – TradeYourBitcoin.com – The Decentralized Exchange - page 2. (Read 3591 times)