Author

Topic: p2p BTC exchange (Read 1060 times)

hero member
Activity: 732
Merit: 500
Nosce te Ipsum
December 18, 2013, 03:18:09 PM
#5
legendary
Activity: 1400
Merit: 1013
December 18, 2013, 02:34:28 PM
#4
See link in signature.
newbie
Activity: 13
Merit: 0
December 18, 2013, 02:33:05 PM
#3
does it offers escrow?
full member
Activity: 144
Merit: 100
December 18, 2013, 02:22:31 PM
#2
Localbitcoins.com?
newbie
Activity: 13
Merit: 0
December 18, 2013, 01:32:22 PM
#1
a p2p exchange could be done by having people list their offers (coins and qty), seller put coins in escrow on exchange once a buyer confirms, buyer send fiat to seller by bank, seller confirm receipt and escrow transfers coins to buyer. buyer could also send a small % to exchanger as a performance bond (like 5%) to book the coins in case he doesn't send the money to seller within X days to avoid locking up seller for nothing. performance bond would be the profit for the exchanger.
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