Help me exchange my bitcoins - page 2.

Helena Yu

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I'm not really sure where do you live, but if your local currency isn't that popular like USD, EURO, etc, you will not able to find a local trader that willing to trade for 1:1. But for exchange BTC to USDC or USDT, you will get a fair amount. You can also search in google to find instant trade because in my country I can trade BTC to my local fiat without KYC for small amount.

Quote from: JunaidAzizi on September 04, 2023, 06:51:37 AM

https://bitquick.com/
https://bisq.com/
https://paxful.com/

Bisq is good, Paxful isn't no KYC, while Bitquick seems sketchy because I can't read their terms, only a blank white page.

Quote from: KiaKia on September 04, 2023, 07:01:45 AM

If you don't trust exchanges well Binance is the most trusted on my list, so there is nothing to be scared of using this exchange.

I guess he has a personal reason why he's not trust exchange, most of them are about privacy.

KiaKia

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Quote from: Mubashshir on September 04, 2023, 04:53:35 AM

I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

Why do you need to talk to anybody before selling your bitcoin to fiat? You can do this on a binance exchange, they will pair you with someone who will pay you with the exact currency you are spending in your country.

If you don't trust exchanges well Binance is the most trusted on my list, so there is nothing to be scared of using this exchange.

Find P2P on binance exchange and move your Bitcoin or USDC from Spot into P2P and click on P2P at the left hand side of your screen, then click on sell on top of your screen and choose the best exchange rate from buyers, from Bitcoin or USDC to your Fiat rate.

It's very easy, but if you find this complicated you can go on YouTube and watch how to use P2P on Binance exchange.

JunaidAzizi

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Quote from: Mubashshir on September 04, 2023, 04:53:35 AM

I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

You do not mention your country where we can easily tell you which one is best in that region, Somehow I am suggesting Binance just for your security purposes and the best services provided by Binance. Daily millions of trading occurs on Binance so it's a clear indication that it is safe and secure. You should give your BTC, Ethereum, or BNB, etc. to your local trader, and on Binance P2P he will give you money in your native currency, If you talk to him maybe he will meet you in person to see what are you looking for is best for you.
Besides this, I am also giving some more exchanges where you can also change your BTC into USDT
https://bitquick.com/
https://bisq.com/
https://paxful.com/
These are some other exchanges but I do not personally use them so I advise your Binance P2P if you want to use one of the above three then you need to be very careful and do detailed research for better results.

o_e_l_e_o

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Quote from: LDL on September 04, 2023, 06:06:21 AM

Since you didn't mention your local currency I would suggest you to trade in your local currency through Binance P2P exchange.

Given that OP has said he doesn't trust centralized exchanges, then anything to do with Binance is a non-starter. Binance P2P is still completely centralized, and still requires you to sacrifice your privacy, complete KYC, and hand over control of your coins.

Quote from: arwin100 on September 04, 2023, 06:18:54 AM

The one you ask here is more risky and if I am the one who have that, I will rather choose exchange than people I don't know if I can trust especially dealing with huge funds.

Any decent peer to peer exchange has protections against scammers. Bisq uses a 2-of-2 multi-sig escrow, while AgoraDesk uses an arbitration bond system, meaning scammers cannot run away with your money or your coins. I have traded peer to peer for years and have never lost a single satoshi, whereas the number of people who have lost everything on centralized exchanges is innumerable.

Quote from: DaveF on September 04, 2023, 06:39:47 AM

LBC and LC have both shut down

Oh yeah, forgot about that. LBC have been dead to me since they went zero-privacy full-KYC all those years ago.

DaveF

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Quote from: o_e_l_e_o on September 04, 2023, 05:09:26 AM

Quote from: Text on September 04, 2023, 04:59:58 AM

Here are a few platforms to consider: LocalBitcoins, Paxful, LocalCryptos

LocalBitcoins and Paxful are both entirely centralized and both demand full KYC. LocalCryptos has shutdown.

If OP doesn't trust exchanges, then he isn't going to want to use a fake peer to peer site like LBC or Paxful which will still collect his data and invade his privacy. A better option would be pick a site from https://kycnot.me/?type=exchange such as Bisq or AgoraDesk and use that to find a reputable local trader.

I *think* you missed some sarcasm. LBC and LC have both shut down and Paxful shutdown and was reborn with full KYC

There is always here: https://bitcointalk.org/index.php?board=53.0

The other note is the amount of money involved, a small place in a tiny less wealthy country, is going to involve a different situation then a nice place in the middle of NYC.
That's just the way it is.
Heck, I have a friend who sold some land and a small cabin on a small lake in AZ for less then the cost of his car, and it's only an OK car.

-Dave

benalexis12

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If you have someone you can talk to and you can trust them because you've known them for a long time, that's good, and I don't see any problem with that. But if you don't really know it well, all I can say is that you think about it carefully because it is not a small amount that is being discussed there. It's better that you follow what other people posted here and just convert Bitcoin to USDC using p2p in an exchange that doesn't have KYC, and at least the percentage is much cheaper and its more secure and your money is more safe.

arwin100

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Quote from: Mubashshir on September 04, 2023, 04:53:35 AM

I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

Made me think on why you didn't trust exchange but you trust random people online and identity has not been exposed? Reputable exchange is more ideal and you can getaway with scammers for using that option. If worried about fees then you can use some alts which less fee feature.

The one you ask here is more risky and if I am the one who have that, I will rather choose exchange than people I don't know if I can trust especially dealing with huge funds.

Hispo

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There are some exchanges which let you swap instantly your Bitcoin for other currencies, I have used some of them before and it was okey, however I wont mention any to encourage you to do your own research.

You can check on Bestchange or other directories whether some Exchange out there meet your expectations, but I will have to let you know most exchanges will likely ask for your documents if you are trying to exchange a big enough amount in Bitcoin. It would be better if you tried some decentralized exchange like Bisq with s small amount so you can learn how it works and then proceed with bigger quantities.

Good luck and please beware of scammers, they may try to contact you privately after you started this thread.

LDL

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Quote from: Mubashshir on September 04, 2023, 04:53:35 AM

I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

Since you didn't mention your local currency I would suggest you to trade in your local currency through Binance P2P exchange. You can trade directly to your bank account in your local currency via P2P with no problem. Moreover, if Bitcoin is legalized in your country, you can directly contact your trader and trade in your local currency. Your money will be directly in your hands if you contract with your local agent. i think it would better for you to trade your Bitcoin through binance P2P trading process.

rat03gopoh

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The process you want will cost a lot and be inefficient.
Where is your base country? Someone here might point you to a p2p exchange where you can cut exchange fees by directly converting your BTC to your local fiat. Or you can search for yourself in the following list of exchangers with KYC less: https://kycnot.me.

o_e_l_e_o

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Quote from: Text on September 04, 2023, 04:59:58 AM

Here are a few platforms to consider: LocalBitcoins, Paxful, LocalCryptos

LocalBitcoins and Paxful are both entirely centralized and both demand full KYC. LocalCryptos has shutdown.

If OP doesn't trust exchanges, then he isn't going to want to use a fake peer to peer site like LBC or Paxful which will still collect his data and invade his privacy. A better option would be pick a site from https://kycnot.me/?type=exchange such as Bisq or AgoraDesk and use that to find a reputable local trader.

EL MOHA

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You can follow the non KYC exchanges listed above. But my curiosity is if the local trader that you trust actually knows or wants to trade your USDC then with the wide popularity of bitcoin such investors should just be able to trade directly with bitcoin. Can’t you tell him that the transaction should just be done through bitcoin to your local currency straight up?

Text

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To exchange your Bitcoins for USDC with a local trader, you can consider using peer-to-peer (P2P) platforms that connect you with individuals in your area who are interested in buying or selling cryptocurrencies. Here are a few platforms to consider: LocalBitcoins, Paxful, LocalCryptos

hd49728

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Quote from: Mubashshir on September 04, 2023, 04:53:35 AM

I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

First you either are too naively to find a local trader to do that trade because it is easy to be scammed.

Second you can be a scammer try to trap your trade partner.

You can simply trade it on a centralized exchange and get USDC or cash from your bitcoin. Remitano is a good one if you don't care your privacy and KYC.

No KYC exchanges are for you if you don't want KYC.
No-KYC exchange encyclopedia

Because you are a newbie, you can not find anyone will trade with you here, because risk to trade with a newbie is high.

OmegaStarScream

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You don't trust exchanges as in you don't want to submit your documents for verification? If it's due to something else, then you could always use Binance P2P and sell your BTC to USDC.

Alternatively, you might be able to find someone to deal with it on AgoraDesk or BISQ directly using your local currency and without having to go through USDC.

Mubashshir

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I had to get paid for my house in bitcoins. Now I have found a person who will change my USDC into my currency in cash. Now I have to change bitcoins to USDC. I don't trust exchanges so I would like to exchange bitcoins with a local trader. Please advise the platforms where I can personally talk with the trader and discuss the terms of the transaction. Thank you

Topic: Help me exchange my bitcoins - page 2. (Read 282 times)