Author

Topic: P2P Exchange || BTC <-> ETH || Looking for ETH Holders (Read 238 times)

newbie
Activity: 4
Merit: 0
What  I´m looking for:
- I´m looking for few guys that are holding huge volume of ETH to trade my BTC for their ETH at Poloniex/Bittrex rate

What you must have to fulfill this job:
- Atleast 300+ ETH available on a wallet that is not an Exchange (Poloniex, Bittrex etc..)
- An account on Exchanges (Poloniex, Bittrex etc..) with an average 20-30BTC
- An account on LocalBitcoins to trade ETH <-> BTC with escrow

Why I´m not buying by myself ETH:
- I´ve tried 5 times to buy 1 ETH and withdraw it on Poloniex and sometimes it takes 1 hour, sometimes it takes 24 hour, sometimes 48 hours, the point is that doing my job require fast transactions and I can´t wait so much time to exchange my BTC for ETH, there is the chance that ETH fall and my profit is gone

How much is your profit:
- I´m looking for few guys that can get me around 2000-5000 ETH per week, so I think 0.25% is already very high, by increasing volume in the future it may decrease your profit.
  Some guys may be skeptical about have 0.25% profit, but you must know that this is 100% profit for you since you are already holding ETH.
  Let´s calculate 3500 ETH trade in one week, your profit will be 3500 - (3500 * 0.25%) = 3500 - 3491,25 = 8,75 ETH Profit

How the trade will be performed:
- We will use LocalBitcoins as escrow, since they have added ETH as payment method we can use it as escrow and prevent any type or scam from both side.
- Example of trade:
First of all, example of what you will have before trade:
- 300 ETH on your ETH wallet
- 30 BTC on your Poloniex account
1. We will open escrow on LocalBitcoins and I will send the address you have to send ETH
2. After I´ve got the ETH on my wallet, you will send your BTC address so I can send my BTC
// Suppose I want to trade 200 ETH worth of BTC and ETH price is 0.11, I will send you 200 * 0.11 = 22 BTC + 0.25% profit = 22.055 BTC
3. With 22 BTC you will buy ETH on Poloniex and 0.055 is your profit

If you have any questions feels free to ask, I leave my telegram contact so its easier for you to get in contact with me: @stefano1709

Hope I´ve explained exactly how it should work this job, risk, profit and so on..


PEACE OUT GUYS!
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