Topic: Selling on Localbitcoin (Read 131 times)
Is there a way where customer whose sending USD draws money from bank into a USD wallet through which he pays you instantly and that is irreversible?
Whats the perfect way to get money from clients without them doing chargebacks? The bitcoins are in escrow so they are sent bitcoin,
but in terms of getting paid the money, what is the best form of payment besides cash? If bank transfer, will the bank listen in case the
client does chargeback?
The perfect way without let them chargebacks its use face to face when you buy or sell. Usually if client want try chargeback, they need solid proof or good reason why they need chargeback their money. Maybe Localbitcoins FAQ will answer all your question. but in terms of getting paid the money, what is the best form of payment besides cash? If bank transfer, will the bank listen in case the
client does chargeback?
It is fine to sell bitcoin as long as you do not do it as a business. There were a few cases where people got hit, but they were doing large volumes.
I suggest trading small amounts and use the buddy system if its a larger amount.
I recently did a in person trade that went super smooth, because both of us were professional about it.
This was not a cash trade, but the basics apply.
Transmit the specific amount you intend to sell to a separate wallet.
Do not walk around with a laptop or cellphone loaded with tons of coin.
I use bitpay or copay, because you can scan the other person's QR from blockchain.
It avoid typos and copy+paste malware.
Also adjust max+ fees to make sure it makes it into the next block, 1 confirmation within 20mins.
I personally will not trade anything on craigslist or any other, after sunset.
If it is a large cash trade and your alone, some township have parking spaces for social media trades.
www.safetradestations.com
If something does not feel right, leave.
There was a recent story about a guy in Hong Kong that was robbed during a local trade.
Hope this helps.
PM me if you have any questions, I can also help you spot counterfeit bills.
I suggest trading small amounts and use the buddy system if its a larger amount.
I recently did a in person trade that went super smooth, because both of us were professional about it.
This was not a cash trade, but the basics apply.
Transmit the specific amount you intend to sell to a separate wallet.
Do not walk around with a laptop or cellphone loaded with tons of coin.
I use bitpay or copay, because you can scan the other person's QR from blockchain.
It avoid typos and copy+paste malware.
Also adjust max+ fees to make sure it makes it into the next block, 1 confirmation within 20mins.
I personally will not trade anything on craigslist or any other, after sunset.
If it is a large cash trade and your alone, some township have parking spaces for social media trades.
www.safetradestations.com
If something does not feel right, leave.
There was a recent story about a guy in Hong Kong that was robbed during a local trade.
Hope this helps.
PM me if you have any questions, I can also help you spot counterfeit bills.
Whats the perfect way to get money from clients without them doing chargebacks? The bitcoins are in escrow so they are sent bitcoin,
but in terms of getting paid the money, what is the best form of payment besides cash? If bank transfer, will the bank listen in case the
client does chargeback?
but in terms of getting paid the money, what is the best form of payment besides cash? If bank transfer, will the bank listen in case the
client does chargeback?
Hey guys,
Anyone know if its legal to sell on localbitcoins in Massachusetts?
Anyone know if its legal to sell on localbitcoins in Massachusetts?
I understand Local Bitcoins is a person to person kind of deal, and no one else.
So it's up to you how you set up a deal, and with whom.
Since im not in Massachusetts then i will skip this and answer another question.
Is there a daily limit?
AFAIK, you can buy or sell as much as you want and i never see people complain/ask about localbitcoins limit. Correct me if im wrong.Do you need a license (even if localbitcoins has one)?
What license? Is that ID verification or something?
Hey guys,
Anyone know if its legal to sell on localbitcoins in Massachusetts? Is there a daily limit? Do you need a license (even if localbitcoins has one)?
Anyone know if its legal to sell on localbitcoins in Massachusetts? Is there a daily limit? Do you need a license (even if localbitcoins has one)?
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