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I have bought BTC for CA$H at a Starbucks, I suggest same procedures as above. I contacted the guy via localbitcoins.com.
Topic: Cash trade (Read 629 times)
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I would be buying not selling.
I'd say meet at a public place such as a Starbucks something, make sure both of you buy a drink/bagel or something then post up off to a side table. Request that the person brings big bills in an envelope that could easily be counted and then you either have your laptop or phone handy to make the transaction. These are kinda risky cause they could be govt agents (via a craiglist posting) that are trying to entrap you for money laundering. I'd rather pay a fee and have an exchange take care of the business. If you know the purchaser/seller, that's obviously better. I've heard others meet up and then go to an apartment or other location but that is just extra legwork that is only worth it if you're a freak for being totally anonymous.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
So what are the best practices for an in person cash trade ? You show the cash, they transfer and then You hand it to them? Or what?
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