Easiest way to convert money into BTC? - page 5.

naidray

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Quote from: wintermeasures on February 10, 2017, 04:39:23 AM

Quote from: PremiumCodeX on January 17, 2017, 10:46:24 AM

I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

You have Only Two Ways By Which you can Convert your Money into Bitcoins that are as Follows:-
1) You can Convert your Money into Bitcoins Directly By Just Purchasing it From Localbitcoins.com website.....
2) Or You Can Find a Bitcoin Trader in your Area then you can Exchange your Money into Bitcoins through the Exchanger......

The later part you mentioned " localbitcoins" has made my life easy man and I have been buying and selling bitcoins since many months now. I prefer to directly pay via bank but guys really if you haven't tried LBC yet you should try it now.
Other than that I suggest you to upload money to paypal and buy btc from services like : wesellbitcoins and others.

RhodaGila

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Quote from: wintermeasures on February 10, 2017, 04:39:23 AM

Quote from: PremiumCodeX on January 17, 2017, 10:46:24 AM

I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

You have Only Two Ways By Which you can Convert your Money into Bitcoins that are as Follows:-
1) You can Convert your Money into Bitcoins Directly By Just Purchasing it From Localbitcoins.com website.....
2) Or You Can Find a Bitcoin Trader in your Area then you can Exchange your Money into Bitcoins through the Exchanger......

Yes, I almost agree with this opinion, and perhaps trust with whom we conduct transactions still have to watch out to avoid things that are not desirable, unless the place we were already available place to facilitate it then it would be able to allow us to do the transaction and I was very lucky because I could do it all with ease.

deppil

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Quote from: Gloiri on February 10, 2017, 04:49:41 AM

i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck

I think it would be better to buy or sell bitcoin on the exchange. be careful with third parties, even if they give discounts or higher prices or cheaper.
but the third party is very risky. could be a scam

HarryKPeters

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Quote from: sabbirshm on February 10, 2017, 08:46:57 AM

Though many countries are accepting bitcoin and I heard also that many banks are helping to exchange bitcoin to fiat.But in my country bitcoin is unknown to most of the people, so converting bitcoin to Fiat is not easy for me.I have to contact with some trusted guy on FB who give me FIAT for bitcoin.It's not safe for me because they can do scam anytime, but I cannot but trust them.

In the case there are no banks vs exchanges localbitcoins is the only hassle free solution. Trading with third parties on fb, tw etc. can be risky.
Same applies for localbitcoins but at least there are reviews and history of a buyer/seller.

Superways

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Quote from: NEWGOODOUBLE on February 10, 2017, 04:33:20 AM

Quote from: morantis on January 26, 2017, 11:40:05 PM

Quote from: abel1337 on January 26, 2017, 11:29:51 PM

For me it is more easier for me to use localbitcoins for local currencies. We have a wallet that is connected to remittance center and some bank for cash outs. We can only use it here in our country. It is more easier for us to convert our bitcoins in to local currency, We have many ways how to do it.

i have not familiar with what you mean by "remittance center", can you give a quick definition?

I think what he meant by using the local exchange. he can withdraw the money directly to local banks without the need to enter complicated as swift code or the like.

If you are talking about the exchanges that are available on country base then yes you are right withdrawal from that is much easier but if you are talking about local bitcoin exchange then it is not the same easier as local exchanges in some countries. The most better is the way when exchange with your friends locally.

sabbirshm

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Though many countries are accepting bitcoin and I heard also that many banks are helping to exchange bitcoin to fiat.But in my country bitcoin is unknown to most of the people, so converting bitcoin to Fiat is not easy for me.I have to contact with some trusted guy on FB who give me FIAT for bitcoin.It's not safe for me because they can do scam anytime, but I cannot but trust them.

Oggy1987

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Quote from: 20kevin20 on February 10, 2017, 05:05:46 AM

Quote from: Gloiri on February 10, 2017, 04:49:41 AM

i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck

I'd rather go to a local ATM and buy some BTC instead, it's fast, easy and safe. You protect your identity too.. I luckily have one just one minute walk from my home which is great! The only thing I don't like is that they offer BTC for $30 over the price.

That is 3% if I'm not wrong, its not so big fee. In my city there are only 2 ATM's, fee is somewhere around 8%, which is much higher. But in my country bitcoin is not much appreciated yet, so in the future when there will be more competition, I expect to them to lower their fee's.

Pettuh4

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There's a website called payplux or you can visit payplux.com and have them exchange your bitcoins to my local fiat or vice Versa, you can as well try crypto pay or local bitcoins; you should be fine with any of the above.

Kevin77

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Quote from: fullypak on February 09, 2017, 02:27:45 PM

Everyone have their own method to convert BTC to fiat and Fiat to BTC. Now we all have some third party exchanger in all country. In my country we have some exchange in that few people will buy our coins for a high price but the site looks not good and not much recommended. Only one site is good recommended, but they will buy my coins exact price what Google shows. And their selling price is very much high so I will not buy any coins only I will sell my coins.

Many people are not really the type who buys bitcoin from the local exchangers, I mean the people on this forum only want to sell it, I know that the best way to buy bitcoin is through localbitcoin which is a site that allows people to sell and buy bitcoin with extreme security, I tried selling my coins there and they offer a good price.

My easiest way must be using bitcoin debit cards but I am not using it frequently as I am having my day job to support my living. My bitcoin earnings are just for saving.

20kevin20

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Quote from: Gloiri on February 10, 2017, 04:49:41 AM

i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck

I'd rather go to a local ATM and buy some BTC instead, it's fast, easy and safe. You protect your identity too.. I luckily have one just one minute walk from my home which is great! The only thing I don't like is that they offer BTC for $30 over the price.

lienfaye

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Quote from: Gloiri on February 10, 2017, 04:49:41 AM

i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck

Well good thing here in our country we dont experience any problem converting our money into cash because our local wallet has many features where you can cash out your money directly to your banks or preferred remittance to receive your money. it has also no charge so its very convenient.

requester

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I cant suggest you better way then i use because, I have contact with big trader of india who helps me to convert real money into bitcoin and bitcon into real money. its just hazzel free task for me to convert bitcoin and fait. he is just a god for me. his honesty makes me become fan and support him. Thanks trader Alpesh

KennyR

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Quote from: NEWGOODOUBLE on February 10, 2017, 04:33:20 AM

Quote from: morantis on January 26, 2017, 11:40:05 PM

Quote from: abel1337 on January 26, 2017, 11:29:51 PM

For me it is more easier for me to use localbitcoins for local currencies. We have a wallet that is connected to remittance center and some bank for cash outs. We can only use it here in our country. It is more easier for us to convert our bitcoins in to local currency, We have many ways how to do it.

i have not familiar with what you mean by "remittance center", can you give a quick definition?

I think what he meant by using the local exchange. he can withdraw the money directly to local banks without the need to enter complicated as swift code or the like.

Local exchange helps bitcoin to be converted and easily deposited on bank accounts. Several trading and bitcoin exchanges have been making the conversion from bitcoin to money and vice versa. There are traders who can be met in person and conversion can be done.

Gloiri

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i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck

slapper

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Quote from: Barbut on February 10, 2017, 03:41:57 AM

From recently one of the banks in my country is connected with online exchange, now its easier then ever before to buy or sell bitcoins.
With the time bitcoin is more present and accessible, for couple years I expect even more ways and services to show up. Bitcoin is making progress everywhere, its growing into something really big.

That is good. I live in a country which Bitcoin is not very popular and I do not like how the people think about Bitcoin. Usually, I have to contact to a seller which is far from my house in order to convert my Bitcoin into FIAT. I hope that in the future there will be more ways to use Bitcoin in my country without converting it into cash

wintermeasures

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Quote from: PremiumCodeX on January 17, 2017, 10:46:24 AM

I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

You have Only Two Ways By Which you can Convert your Money into Bitcoins that are as Follows:-
1) You can Convert your Money into Bitcoins Directly By Just Purchasing it From Localbitcoins.com website.....
2) Or You Can Find a Bitcoin Trader in your Area then you can Exchange your Money into Bitcoins through the Exchanger......

NEWGOODOUBLE

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Quote from: morantis on January 26, 2017, 11:40:05 PM

Quote from: abel1337 on January 26, 2017, 11:29:51 PM

For me it is more easier for me to use localbitcoins for local currencies. We have a wallet that is connected to remittance center and some bank for cash outs. We can only use it here in our country. It is more easier for us to convert our bitcoins in to local currency, We have many ways how to do it.

i have not familiar with what you mean by "remittance center", can you give a quick definition?

I think what he meant by using the local exchange. he can withdraw the money directly to local banks without the need to enter complicated as swift code or the like.

susila_bai

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Quote from: morantis on January 26, 2017, 10:54:15 PM

Quote from: marcoman22 on January 26, 2017, 10:48:49 PM

You can buy bitcoins at localbitcoins.com via cash trade in person or cash deposit.They provide escrows and connect you with sellers.You can also try wall of coins,a peer to peer bitcoin exchange, where you can receive bitcoins within 15 minutes after you cash deposit. The Mycelium bitcoin wallet for android offers a feature called Local Trader.Using it, you can find sellers in your area and meet them in person to buy bitcoins with cash.

i like that option you just described for the app. i wanted to code a location system into a bitcoin wallet for various reasons. i have coin.space installed on a windows phone and it can find another user via the app and location.

i thought a neat thing for BTC with the location built into a mobile wallet would be a scavenger hunt. something like the pokemon craze, but bitcoin wallet based. go to a certain location and automatically receive some BTC. would be nice for pushing customers into local businesses

Thank you for giving details about mycelium bitcoin app of locating bitcoin users nearby locally, because i use to go to localbitcoin and search the buyer and sell my bitcoins and i was thinking of this type of app and now i got it. It is very usefull if any time we are stuck in need of money then this app will surely help us if any of the local bitcoiner is nearby to help it.

Doms

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From my local exchange, there are already a lot of options in which you can exchange your bitcoin into cash. You can redeem them at money remittance centers, via online banking or in participating banks’ ATMS. I always choose online fund transfer thru my bank because I can do it anywhere and anytime. Plus it saves me the hassle of going far just to convert my bitcoin to cash.

Barbut

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From recently one of the banks in my country is connected with online exchange, now its easier then ever before to buy or sell bitcoins.
With the time bitcoin is more present and accessible, for couple years I expect even more ways and services to show up. Bitcoin is making progress everywhere, its growing into something really big.

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