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. 
Topic: Is it possible to trade WITHOUT exchange? (Read 8165 times)
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. I have not any idea about trade via command with Linux or other operating systems. Thanks
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.
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.
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.
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.
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.
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.
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 . 
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. 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.
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.
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.
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.
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.
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 very much possible mate, only things that there is a high risk level.
Because its hard to determine if the buyer or seller are good or bad. This is a matter of
trust to our co-traders. That's why there are some using escrows for making a transaction.
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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
I have not any idea about trade via command with Linux or other operating systems. Thanks
Yes! It is possible to trade without an exchange. But then the entire trading process comes with certain risks. Either you can look for a reliable trader or equip yourself with the complete knowledge of crypto world.
That is workable for those individuals who had computerized resources and they're the two companions. Physical exchanging should be possible through per to per exchanges, which can be arranged one on one. Exchanging with trade is significant when you don't have any individual to manage, and picking the legit trade site is significant.
Exchanging should be possible in any ways, and utilizing advanced possessions is enormously refreshing whenever done physically.
Exchanging should be possible in any ways, and utilizing advanced possessions is enormously refreshing whenever done physically.
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.
At this moment i have no idea. but for trade of course you need a third party. We all know that couple of past years many exchange suffer by hackers. But you have to know that which exchange give you a good security facility. Otherwise your money or crypto will be put in danger.
exchange in general may be a lot, but if the exchange like a converter is still a little,
if other than that I have never seen it before,
if the exchange in question is a general exchange and converter, it is very difficult to trade without exchange,
because the exchange is the one that supplies the price chart in detail and updated,
but because we speak crypto, nothing is impossible in the future.
if other than that I have never seen it before,
if the exchange in question is a general exchange and converter, it is very difficult to trade without exchange,
because the exchange is the one that supplies the price chart in detail and updated,
but because we speak crypto, nothing is impossible in the future.
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.
At this moment i have no idea. but for trade of course you need a third party. We all know that couple of past years many exchange suffer by hackers. But you have to know that which exchange give you a good security facility. Otherwise your money or crypto will be put in danger.
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.
A simple answer to your question will be "Yes".
But according to me an exchange plays a major role while trading.
It will be a security for you, no doubt on it.
I also agree that the fees are a bit high in exchanges but still it's safe.
Now if you want to trade without exchanges, then the best way will to be find people who will directly accpet trades. And trade with them oftenly.
Hope this helps.
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 using the exchange platform, you can do this directly to the person you know if He/She has an interest to buy a coins from and pay you in the actual meet up, through bank, remittances and etc. But this is risky anyhow, it is risk if you don't know persnally the person you are making a transaction., so I suggest you to be careful when you do this anyway.
There are some ways to trade without exchange. You can trade with the third party directly. You can trade other people based on p2p. But I do not suggest this system. I would state that regardless of certain disadvantages trades are as yet the best places to exchange. They are directed and checked and in.case of certain issues you have probably some inclusion and insurance. On casual exchanging stages, the hazard is all yours.
I think it impossible to trade if your not using any exchanges because all crypto coins work on a exchanges platforms somehow it can be traded also in the wallet without using any exchange platforms.
Of course, I can. Basically, the trade must be seller and buyer. in fact, some people trade on telegram, or social media. they sometimes sell their assets instantly there by finding people who want to own their assets. it's just that the price might be cheaper.
In a way. There are some wallet in this world that you can use without using an exchange, you can trade. Just like what I'm using, coins.ph. It's a wallet but has some cryptos such as BCH, ETH, and XRP. But it's worth it I think.
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.
I think you want to mention the trading via Bot, which is connected to the API of a exchanges, so it's seem impossible without an exchange. The other way is P2P trading, which don't need an exchange. I think it impossible to trade if your not using any exchanges because all crypto coins work on a exchanges platforms somehow it can be traded also in the wallet without using any exchange platforms.
Of course, I can. Basically, the trade must be seller and buyer. in fact, some people trade on telegram, or social media. they sometimes sell their assets instantly there by finding people who want to own their assets. it's just that the price might be cheaper.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, but I don't think it's safe. I'm curious about a few topics I've seen especially recently, so why doesn't anyone want to pay a service commission? Are the investors so stingy? How useful will it be to seek a solution like this to save a few bucks? It is important to remember that it is not right to use third party applications or intermediaries just for a few cents. You are at risk of losing all your capital due to these practices or malicious people, and there is no possibility of getting this money lost.
Maybe DEX actually aim something that people can trade and not use exchanges, as long there are buyer or seller i think DEX is only platform and only give place for people to do trading activity in there.
Dex is safer cause you have your funds, you have your private keys.
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.
One of the problems with dex and with trading on linux is volume. How many people you actually now that have enough skills to trade with linux? Dex is much easier, but one more problem is liquidity. Dex exhanges are around for a short time, I believe dex will be more popular in future, but for now not even one dex can come close to any centralized exchange.
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.
It is good if you can trade through Linux. Except in unnecessary delay in payments that I do get disappointed. I prefer using the exchange like remetano or localbitcoin than exchanges that charges extremely high for withdrawal and transactions fees. The exchanges especially the centralized one are not helping matter with the high charges they are charges but I believe that time is coming when some exchange will be out of business because of charges. I think it impossible to trade if your not using any exchanges because all crypto coins work on a exchanges platforms somehow it can be traded also in the wallet without using any exchange platforms.
Of course, I can. Basically, the trade must be seller and buyer. in fact, some people trade on telegram, or social media. they sometimes sell their assets instantly there by finding people who want to own their assets. it's just that the price might be cheaper.
I think it impossible to trade if your not using any exchanges because all crypto coins work on a exchanges platforms somehow it can be traded also in the wallet without using any exchange platforms.
Of course, I can. Basically, the trade must be seller and buyer. in fact, some people trade on telegram, or social media. they sometimes sell their assets instantly there by finding people who want to own their assets. it's just that the price might be cheaper. 
I think it impossible to trade if your not using any exchanges because all crypto coins work on a exchanges platforms somehow it can be traded also in the wallet without using any exchange platforms.
...
Exchanges platforms are trustless, you can't rely on it 100% Because using it, you put yourself at risk to lose money/coins, either if the site is hacked, seized, IT failure, and so on... Not even talking your account can be limited/suspended and it can be a nightmare to get your capital back. Or another story could be à la MtGox, brief, there are plenty of things to consider. People can remove most of these risks by using decentralized exchanges.
Fees are inevitable unless people agree to use a broken website with a free hosting package. Infrastructures have a cost, workers, too.
You can trade via Trading Broker, but more importantly it’s about working with a quality one. I prefer doing this only instead of going for exchange, as that’s sort of getting stuck. It’s where trading via broker is so important and makes so much comfortable with things and is one major reason I have that as preference. One should always try to go for doing things that we are comfortable with doing everything because that is how we will be able to gain well.
Actually, it is possible. You can easily purchase some coins at some platforms, but if you are a trader you will have to transfer them to exchange. So imo the better solution is to immediately invest in exchange
Right, it is so much easier when you use exchanges, that is better option for me
Actually, it is possible. You can easily purchase some coins at some platforms, but if you are a trader you will have to transfer them to exchange. So imo the better solution is to immediately invest in exchange
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.
Exchange is a place where sellers and buyers gather so that the process of trading will be easy to conduct. Indeed, we can trade without involving third parties, outside the exchange. However, we will face many obstacles. The seller must find the buyer himself and vice versa. Not to mention the problem of trust!
Although the only fear of people as regards this is because of their centralized nature, many people feel their information is not safe with them, and there is still a way they can still get the government to know the full details about their transaction which is quite against the law of decentralization.
It is possible but it will be peer to peer, and most likely face to face if you dont trust the buyer or seller. Also, its hard because you only have 1 prospective buyer unlike selling through trading platform, there's a lot of then waiting for a coin to be sold at a low price. Also, consider the risk of trading without using a trading platform and personally trade face to face. You don't know who you are going to deal with.
Yes i agree on that it is posible but we need to do it in face to face for assurance. Specially there are a lot of scammer on the crypto feild now a days. So i think it is mpre safe when we will do it in face to face if we do it without any exchange. Bit i think everything will be limited because we cannot trade it to other country for safety reason.
It is possible but it will be peer to peer, and most likely face to face if you dont trust the buyer or seller. Also, its hard because you only have 1 prospective buyer unlike selling through trading platform, there's a lot of then waiting for a coin to be sold at a low price. Also, consider the risk of trading without using a trading platform and personally trade face to face. You don't know who you are going to deal with.
It's certainly possible to trade almost all altcoins that have a smart contract functionality completely peer 2 peer, and it's proven to be a
very welcome competition to exchanges, forcing most crypto exchanges to get their act together and focus much more customer satisfaction.
very welcome competition to exchanges, forcing most crypto exchanges to get their act together and focus much more customer satisfaction.
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.
Exchange is a place where sellers and buyers gather so that the process of trading will be easy to conduct. Indeed, we can trade without involving third parties, outside the exchange. However, we will face many obstacles. The seller must find the buyer himself and vice versa. Not to mention the problem of trust!
I think there was this new trade going on via some google chrome extension and it was looking like it was a great innovation.
I don't remember the name of it at all but at that time it wasn't liked by many people because of the security risks. There was no middleman involved and there was no need for it, you put your order there and someone buys it and thanks to the chrome extension it was switch from yours to theirs, kinda like the eth wallets we have like mew and metamask and so forth but with the option of trading as well.
If that were to happen today with good security I bet they would get so much attention however even mew and likes gets hacked once in a while so its a very very risky one, that is why exchanges became so big since they are much more trustworthy.
I don't remember the name of it at all but at that time it wasn't liked by many people because of the security risks. There was no middleman involved and there was no need for it, you put your order there and someone buys it and thanks to the chrome extension it was switch from yours to theirs, kinda like the eth wallets we have like mew and metamask and so forth but with the option of trading as well.
If that were to happen today with good security I bet they would get so much attention however even mew and likes gets hacked once in a while so its a very very risky one, that is why exchanges became so big since they are much more trustworthy.
When there are security issues why would anyone use it? In the end, when you deal with money you need to pay attention on security more than
on anything else. Trading is arrangement between to people, if you wish to trade you need a place where many people wish to do the same. Volume
is important, you can`t trade alone with yourself.
Exchanges with high volume and good security are the best places for trading.
its same as many things go if you want to sell/buy something you should know or find someone who is also looking for buy/sell and will be trustable assume someone agrees to buy and you send bitcoin what if he runaway or other way round , don't try to avoid the brokerage or trading fee and lose more just search some good platform and exchange
right, not only that. Exchange is a service that brings together sellers and buyers, it is impossible for everyone to look for sellers and buyers themselves, even if they can be trusted. Well, the exchange emerged as a solution to serve between sellers and buyers.
We will look foolish when we sacrifice some transaction costs with security obtained from trading in exchange. Maybe people who don't want to use exchanges will cry when they lose money.
I think there was this new trade going on via some google chrome extension and it was looking like it was a great innovation.
I don't remember the name of it at all but at that time it wasn't liked by many people because of the security risks. There was no middleman involved and there was no need for it, you put your order there and someone buys it and thanks to the chrome extension it was switch from yours to theirs, kinda like the eth wallets we have like mew and metamask and so forth but with the option of trading as well.
If that were to happen today with good security I bet they would get so much attention however even mew and likes gets hacked once in a while so its a very very risky one, that is why exchanges became so big since they are much more trustworthy.
I don't remember the name of it at all but at that time it wasn't liked by many people because of the security risks. There was no middleman involved and there was no need for it, you put your order there and someone buys it and thanks to the chrome extension it was switch from yours to theirs, kinda like the eth wallets we have like mew and metamask and so forth but with the option of trading as well.
If that were to happen today with good security I bet they would get so much attention however even mew and likes gets hacked once in a while so its a very very risky one, that is why exchanges became so big since they are much more trustworthy.
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.
Of course not; it doesn't work like that. There should always be a third party/middle man between the buyer and seller as it's backed by users and not by a person or an institution. On the other hand, we can't avoid fees for making and exchange since you are using their software/app to act as an escrow between you and a buyer/seller. Kinda possible. You can buy coins on some websites focused only on it (like buycoinnow.com or something similar) and then hold them till the time will be right. But in the end, you will have to register on exchange after all.
Would that not be too cumbersome to do, having to open different website because I want to trade some particular coin, Imagine I want to trade about 10 coins, which means I must have an account on each of them, and when it comes to trading, one has to consider the time of executing a trade, before you get to toggle between all the website and login in, time would have gone for you to take execute some order. I think the best would really still be an exchange, and come to think of it, why would someone not even want to use an exchange to trade since they have the database of most coins in their platform, which will make it very easy for such trader to quickly pick any coin of his choice. What needs to be done is just to ensure that the exchange is a reliable one and that which has a very low trading fee like that of Binance.
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! Barter trade. But not actually the obsolete type of barter trade. You can use some social media app to make some deal with people who have tokens that we want to buy. However, without having a third party like escrow services will lead us to a scam transaction. That is why exchange have been created. In order to have a direct buying and selling within the traders. We can`t avoid fees because that will be used also with their development and maintenance. 
its same as many things go if you want to sell/buy something you should know or find someone who is also looking for buy/sell and will be trustable assume someone agrees to buy and you send bitcoin what if he runaway or other way round , don't try to avoid the brokerage or trading fee and lose more just search some good platform and exchange
Before I trade on exchange, I'm trade on trusted guy over 5 months
It's simple and fast , but yes the risk if suddenly he vanish because in transaction, I must send him first before he give me fiat
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.
Bitcoin may be programmable. But fiat cash is not. So how can you trade Bitcoin for fiat, without any third party (i.e exchanges) or escrow? If you are so concerned about the trading fee, then you should try using DEX sites. I guess more than the trading fee (which can be as low as 0.1%), you are more concerned about the withdrawal fees.
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.
LOL, like seriously I don't know know what's wrong with some people today. Okay, this is the second time I'm seeing someone ask whether they can trade without exchanges to avoid paying fees or maybe find an exchange that they can trade for free without paying any fees at all. Like what is wrong with you all… Why do you keep asking this question? You can't trade without an exchange they are very important and they provide security as well. And as for the fees they charge, well, you can't expect them to do all that work for free, and most of them have employees that they have to pay as well.
How will one get the counter party to execute his/her trade?
What about the security?
Everyone is not good at linux. What do they do?
What about the security?
Everyone is not good at linux. What do they do?
You can trade without exchange but I don't know if someone already did this through Linux command.
If you want to trade without exchanges you can start to trade in this section https://bitcointalk.org/index.php?board=53.0
Or trade in your local area to avoid fees.
Yes most of the high amount transaction is being done offline AFAIK .If you want to trade without exchanges you can start to trade in this section https://bitcointalk.org/index.php?board=53.0
Or trade in your local area to avoid fees.
I have few friends who are holding some huge amount of crypto and every time that they want to dump or buy more than 10 BTC they would do the transaction offline to avoid the fee from trading sites.
Kinda possible. You can buy coins on some websites focused only on it (like buycoinnow.com or something similar) and then hold them till the time will be right. But in the end, you will have to register on exchange after all.
It's just simply buying not selling. Trading without using an exchange platform is impossible right now. Banks don't support yet the use of blockchain technology. If you use peer-to-peer exchange it might be a hassle if you want to make profit from it as.you will need to find many people that offers that kind of service.
what kind of question is this ? by the way , this is pretty easy and the answer should be yes . it is still possible to do trade without online exchange because we can still trade with real people . trading with real people is infact cool because you gotta know them and you can make friends with them plus it also cuts the trading fees ( the one that we pay when we use online exchangers ) . but make sure that you transact on crowded and guarded areas so that you will be safe .
Trade with people is one of the way to cut third party like exchanges, but its difficult to do the transaction, for example you want to sell 1 btc and the buyer only want to buy 0.2 then you need to find another buyer again, and if you used single line commands or too difficult method, people will find other investment, it is possible to trade without exchanges,but for now I think exchanges still play a vital role
i will say yes and No, it depends on which type of trade.
you can do trading without exchange if for example, you trade your coin with direct goods item probably still online to be delivered.
i will say you cannot if you will need to transfer your coin directly from your wallet into your personal bank account.
you can do trading without exchange if for example, you trade your coin with direct goods item probably still online to be delivered.
i will say you cannot if you will need to transfer your coin directly from your wallet into your personal bank account.
Yes, you are right but it completely depends upon the currency you are converting because when you want to trade them into your local currency you need to search those direct trading in your country. Still, it is impossible for us to send the coins to banks because banks are not supporting the blockchain yet.
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.
I don’t see the possibility of people exploring that option, there must still be involvement of third party like exchanges to have a smooth running trading, if we trade without exchange,, how then would people be able to convert their earnings into fiat or withdraw it completely, I think this sort of system you see is what BOTS are using, but in the end, they must still pass through an exchange to be traded fully into Fiat.Moreover, what is the trading fee we are talking about for us to be running away from fee, BAINCE has the lowest fee till date for now, and the fee is so insignificant that you can almost not notice anything leaving your fund as fee, and it is even greed to me for you to use a service without desiring to give in return no matter how little. We have not even encouraged people to accept Dapp exchange, not to talk of your idea.
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 do not even need linux, if you trust the other person just send money to someone and they will send it to your bank account. That is how I did it back in the day when my country didn't have any local exchanges and it was working fine but it was risky since I didn't know who was sending me money and I needed to trust that person.Exchanges are more trustworthy than people but even today you can find OTC places to do that type of no fee exchange if you want to. The reason why exchanges exist and liked so much is that people don't need to trust anything since they know they can trade as much as they want and withdraw afterwards if they want to. All you have to trust is the exchange itself and exchanges are making a ton of money so no reason to not trust them as long as they are not hacked.
I have seen altcoins have an in-built 'exchange' feature where people can trade from within their client without a third party, but that would be something that's not really convenient to do with Bitcoin due to the fees. I think that Lightning will be a major game changer in this field with how you can exchange funds in an instant and at almost no cost.
People have to understand that development of these non profit features is very slow because it cost time and money for developers to work on this. Give it a few years.
People have to understand that development of these non profit features is very slow because it cost time and money for developers to work on this. Give it a few years.
Kinda possible. You can buy coins on some websites focused only on it (like buycoinnow.com or something similar) and then hold them till the time will be right. But in the end, you will have to register on exchange after all.
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.
It is not possible to trade with one line coding.
However, there are options to trade without visiting any exchange. Personally, I prefer trading via OTC with allow me to be connected with other buyers/sellers directly without any need of joining an exchange and pay high fees for that.
Well, well, now if you become a buyer and buy through OTC, will you just trust the seller? I think here the role of the exchange is very important to maintain the security of your trade compared to through the OTC market.
That is why there should be a third party involvement like exchanges for security purposes. Yes, fees are quite high especially in btc. Except if you don't want fees to pay, directly transactions is another choice. Like trading btc and do some transactions directly with acquintances or people you may know. In that case, both security and the fees are already solved.
what kind of question is this ? by the way , this is pretty easy and the answer should be yes . it is still possible to do trade without online exchange because we can still trade with real people . trading with real people is infact cool because you gotta know them and you can make friends with them plus it also cuts the trading fees ( the one that we pay when we use online exchangers ) . but make sure that you transact on crowded and guarded areas so that you will be safe .
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.
It is not possible to trade with one line coding.
However, there are options to trade without visiting any exchange. Personally, I prefer trading via OTC with allow me to be connected with other buyers/sellers directly without any need of joining an exchange and pay high fees for that.
Well, well, now if you become a buyer and buy through OTC, will you just trust the seller? I think here the role of the exchange is very important to maintain the security of your trade compared to through the OTC market.
That's a big correct also thats the impotance of exchange so we have some many different exchanges for that making a example of transaction that will have any problems for any buyer and selling for altcoins.
I think still now it's not possible to trade without exchange. Perhaps it would be on future if there is latest technology. Currently we need exchange like centralize or decentralized or we need use web wallet in order to trade. We have to pay fees when we are using thier party exchange. We can't avoid it.
^ I agree with you because exchange stands a third party between the two traders and of course it is lower the risk among of them exchange acted as an escrow. However, trading without exchange is possible but of course, those who trusted most you like to deal with. Perhaps there's the system in the future that we can trade like Linux but as of now, we need these decentralized and centralized exchange and also fees included. 
Trade can be done if there is a buyer and seller so there is no need for any medium like exchange but now it is indeed since we don't know who want to buy our cryptos so using the exchanges or P2P to find the trades as we wanted.
I think still now it's not possible to trade without exchange. Perhaps it would be on future if there is latest technology. Currently we need exchange like centralize or decentralized or we need use web wallet in order to trade. We have to pay fees when we are using thier party exchange. We can't avoid it.
I guess it's could be possible between 2 computers in some local network. However, to interact with the entire world you should use exchanges, for sure.
trade without exchange in my mind is trade personally by two people, it's not too eficiency and not too safe from scammer. the risk is higher than profit
Got to bear in mind that just because you're not using an exchange doesn't mean you're not using something to facilitate the trade. The simplest non-exchange, non intermediary trade is between 2 people directly... but these 2 people aren't likely to ever meet without having a platform to see each other. I do plenty of p2p on Localbitcoins, so it's me and some other guy trading, but we're still putting our trades up on a platform, still allowing the platform to escrow our funds... still need to keep our BTC on that platform.
But that's a necessary form of security to me, which is the same on Bisq (another p2p). You ensure you don't get cheated (or minimise the risk of such anyway). It's a far better option that an exchange (trusting the exchange to keep your funds safe and honour withdrawals), or from meeting some guy blindly in a cafe hoping he'll pay you for BTC.
But that's a necessary form of security to me, which is the same on Bisq (another p2p). You ensure you don't get cheated (or minimise the risk of such anyway). It's a far better option that an exchange (trusting the exchange to keep your funds safe and honour withdrawals), or from meeting some guy blindly in a cafe hoping he'll pay you for BTC.
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.
I thought it wouldn't work. Exchange owners create websites and interfaces so they can understand how they work even though they are basically the same.
However, if it is changed in the form of a Linux command, many people will not understand this. Moreover, fees have become the basis of miners, so we can't change terms and conditions
There are some possibilities to trade outside exchanges, some options are here on forum too based on P2P. But honestly I wouldn't recommend it.
I would say that no matter some disadvantages exchanges are still the best places to trade. They are regulated and monitored and in.case of some issues you have at least some coverage and protection. On informal trading platforms the risk is all yours.
I would say that no matter some disadvantages exchanges are still the best places to trade. They are regulated and monitored and in.case of some issues you have at least some coverage and protection. On informal trading platforms the risk is all yours.
You will always need an exchange in crypto trading. It's very much needed as not all coins could be sold in P2P. Your friends may not want to buy the tokens you want to sell so you have no other option than to sell on exchange.
For bitcoin, Eth and some commonly traded altcoins, you can sell on P2P amount your friends and in some cases use escrow to avoid scam
Recently, escrow or escrow becomes more relevant, since a third party is involved here, with which you can receive certain guarantees subject to all the conditions of the contract. For bitcoin, Eth and some commonly traded altcoins, you can sell on P2P amount your friends and in some cases use escrow to avoid scam
The exchange is needed to trade successfully and to avoid the risks. However, you can trade directly in your local areas, by selling and buying the coins to people directly if you have any real friends interested in cryptocurrencies and trading them.
You will always need an exchange in crypto trading. It's very much needed as not all coins could be sold in P2P. Your friends may not want to buy the tokens you want to sell so you have no other option than to sell on exchange.
For bitcoin, Eth and some commonly traded altcoins, you can sell on P2P amount your friends and in some cases use escrow to avoid scam
For bitcoin, Eth and some commonly traded altcoins, you can sell on P2P amount your friends and in some cases use escrow to avoid scam
Yes you can. You can even trade here in the forum with the currency exchange section we have, like a normal exchange you can set the price on what you want your coins to be sold minus the commission, the only downside is you would have to wait for someone to match it which I don't think would be an advantage if you are actively trading. Some Crypto Wallets also allow you to change your crypto to another crypto or fiat but expect them to have the better deal when it comes to rates. Best option for you right now is to really look for 3rd party traders that are looking for a straight swap and expect that there are a lot of scammers in this area.
i will say yes and No, it depends on which type of trade.
you can do trading without exchange if for example, you trade your coin with direct goods item probably still online to be delivered.
i will say you cannot if you will need to transfer your coin directly from your wallet into your personal bank account.
you can do trading without exchange if for example, you trade your coin with direct goods item probably still online to be delivered.
i will say you cannot if you will need to transfer your coin directly from your wallet into your personal bank account.
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 can do trading without an exchange but it varies depending on what are you trading and when you are trading and especially how much are you trading , say for example you buy some bitcoin and you hold it for quiet some time and than you want to sell it, you can either spend some a long time looking for a trusted buyer with a good price and take the risk of doing that or you can just use an exchange easily without any trouble, but say if you are trading multiple coins than you have to use an exchange because i don't think that you can find any peer to peer sites where you can exchange altcoins. 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.
It is not possible to trade with one line coding.
However, there are options to trade without visiting any exchange. Personally, I prefer trading via OTC with allow me to be connected with other buyers/sellers directly without any need of joining an exchange and pay high fees for that.
Well, well, now if you become a buyer and buy through OTC, will you just trust the seller? I think here the role of the exchange is very important to maintain the security of your trade compared to through the OTC market.
"Third-party" will probably not be necessary in the future with Lightening Network and decentralized Autonomous Organization. This what excites me most about these technologies
In most cases a third-party is very necessary in order to make the trade possible. Decentralized or centralised... A third-party plays a role of acting as an escrow or platform where you can be able to see other trade orders otherwise how are you gonna know much bitcoin is available for sale and how much is it's price?
You just can't avoid an exchange.
You just can't avoid an exchange.
You can do it by joining facebook trading groups or meeting people in person on conferences and such. Getting a good number of contacts will allow you to set up trades without a third party. It could be more risky but if you follow some basic rules like always meeting during the day in a public place you won't get robbed.
More people should do it because it's cheaper and untraceable when you pay with cash.
Maybe there are face to face exchanges in your town. Some people are setting them up just like you do with fiat currency exchanges and you can go there with your phone and get coins for cash without leaving a trace. They charge fees though.
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.
Its possible to trade without exchanges, here in my place you can do that using our local wallet (coins.ph). There might be no fees on doing that but there's a big difference on the price of buy and sell so I guess it is still not good to use that wallet as your trading platform. The fees on exchanges are not that high if you are trading big, so I think its better to use the exchanges and of course you can choose many coins which I think the advantage. I'm from Philippines too and also a user of coins.ph bitcoin wallet. Aside from the big difference on buy and sell price, I'll add that you can't do buy and sell orders. So if you want to do trading using their platform you have to focus on it 24/7. Unlike on exchange you can do those orders and sell some stop loss. It is really not suggested to use that platform to trade. There are reports that when you have high amounts of bitcoin stored there the company will suddenly lock your account without any reasons. And reaching with them is difficult.
tier exchangers internationally.Its just normal for an exchange to set out KYC or verifications if there's something unusual
with your transactions.
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.
It is not possible to trade with one line coding.
However, there are options to trade without visiting any exchange. Personally, I prefer trading via OTC with allow me to be connected with other buyers/sellers directly without any need of joining an exchange and pay high fees for that.
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.
Its possible to trade without exchanges, here in my place you can do that using our local wallet (coins.ph). There might be no fees on doing that but there's a big difference on the price of buy and sell so I guess it is still not good to use that wallet as your trading platform. The fees on exchanges are not that high if you are trading big, so I think its better to use the exchanges and of course you can choose many coins which I think the advantage. I'm from Philippines too and also a user of coins.ph bitcoin wallet. Aside from the big difference on buy and sell price, I'll add that you can't do buy and sell orders. So if you want to do trading using their platform you have to focus on it 24/7. Unlike on exchange you can do those orders and sell some stop loss. It is really not suggested to use that platform to trade. There are reports that when you have high amounts of bitcoin stored there the company will suddenly lock your account without any reasons. And reaching with them is difficult.
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.
Its possible to trade without exchanges, here in my place you can do that using our local wallet (coins.ph). There might be no fees on doing that but there's a big difference on the price of buy and sell so I guess it is still not good to use that wallet as your trading platform. The fees on exchanges are not that high if you are trading big, so I think its better to use the exchanges and of course you can choose many coins which I think the advantage. 
Maybe if trading without an exchange will increase the number of scammers, exchange is a third party service to ensure our security in trading. Please just trade without exchanges, if you feel trusted with your trading opponent.
Oh yeah, not everyone has an IT background and can run a Linux operating system, so exchanges still have an important role here.
scammers will increase and black markets will emerge. so I think it's better to exchange officially in exchange and this is useful for making profits more secure and assets safer. Oh yeah, not everyone has an IT background and can run a Linux operating system, so exchanges still have an important role here.
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 that is very possible, you can trade without exchange, but using line under Linux, honestly
I had no idea about that. But making transaction without exchange is too dangerous that's why others
are using escrow for this, or it depends on the trust you have in the person.
Maybe if trading without an exchange will increase the number of scammers, exchange is a third party service to ensure our security in trading. Please just trade without exchanges, if you feel trusted with your trading opponent.
Oh yeah, not everyone has an IT background and can run a Linux operating system, so exchanges still have an important role here.
Oh yeah, not everyone has an IT background and can run a Linux operating system, so exchanges still have an important role here.
that is exactly the definition of decentralized exchanges (not through Linux command of course).
basically to do what you asked here, you want to create a peer to peer network that any user can come and meet other users (aka peers), connect to them and trade. it is a little bit complicated but doable because such system follows the same principles of bitcoin peer to peer network.
in order to make the trade/exchange there are things such as multi signatures, hashed locktime contracts, and some other smart contracts on bitcoin that you can use to ensure security and prevent fraud by either party.
there already are some projects that have implemented these things such as Decentralized Exchanges in general, the Atomic Swap technology, and also the Lightning Network technology.
basically to do what you asked here, you want to create a peer to peer network that any user can come and meet other users (aka peers), connect to them and trade. it is a little bit complicated but doable because such system follows the same principles of bitcoin peer to peer network.
in order to make the trade/exchange there are things such as multi signatures, hashed locktime contracts, and some other smart contracts on bitcoin that you can use to ensure security and prevent fraud by either party.
there already are some projects that have implemented these things such as Decentralized Exchanges in general, the Atomic Swap technology, and also the Lightning Network technology.
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 can build a group of people who are trading very often then you can trade with them individually and the only fee for you will be transaction fee but the problem is low liquidity you maay not be able to trade whenever you want so you can try exchange whih might need small fee but worth it. 
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.
I know that bitcoin transaction fees are quite expensive and it is really time consuming. But that's what it takes to make Bitcoin trading successful. You really need exchange because if you have problems with deposit and withdrawal, you can contact support for assistance.It will be safer and you will not lose your entire amount.
i don't ever think like that, if we can exchange it without exchanger, so why exchanger needed be there in cryptocurrency.
exchange is place for trade coin to coin, when this system is don't need again that mean exchange will die.
i think the grat way can we do is just trade it on exchanger.
exchange is place for trade coin to coin, when this system is don't need again that mean exchange will die.
i think the grat way can we do is just trade it on exchanger.
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.
Not command line under Linux, but you're basically describing decentralized exchanges. Smart contracts can be used by two parties to execute trades without third party custody. IDEX is one such platform.
However, there is no DEX yet that eliminates all the centralized aspects of exchanges. Centralized domain, order book execution on centralized servers, and so on. This means not only are you still trusting third parties in various ways, but these third parties are leveraging their platform to monetize your trades. They aren't doing it for free.
In most case, people want to exchange coins for another coin or fiat money. I'm pretty sure command line is enough to send the bitcoin/alts but if the seller wants to receive fiat from that tx, then command line is not enough. But pretty sure exchange platform is not required for a transaction to happen, you can do OTC.
Exchange exist because it could speed up that process because anyone can simply place their order and buy/sell from whoever place that order on the order book, without spending time looking for buyer or seller as in OTC room.
Exchange exist because it could speed up that process because anyone can simply place their order and buy/sell from whoever place that order on the order book, without spending time looking for buyer or seller as in OTC room.
If one of your friends has no idea about buying crypto assets, then you can do person to person trading something like close deal with digital asset paid through cash. You'll be responsible for his/her coins to be transferred to the designated wallet address provided personally.
You can trade without exchange but I don't know if someone already did this through Linux command.
If you want to trade without exchanges you can start to trade in this section https://bitcointalk.org/index.php?board=53.0
Or trade in your local area to avoid fees.
If you want to trade without exchanges you can start to trade in this section https://bitcointalk.org/index.php?board=53.0
Or trade in your local area to avoid fees.
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.
In most cases a third-party is very necessary in order to make the trade possible. Decentralized or centralised... A third-party plays a role of acting as an escrow or platform where you can be able to see other trade orders otherwise how are you gonna know much bitcoin is available for sale and how much is it's price?
You just can't avoid an exchange.
You just can't avoid an exchange.
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.
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