Topic: Tips for local transactions - page 5. (Read 823597 times)
This is the one of the most useful information I faced here at the moment. I would emphisized on that part regarding physical meeting with seller - the most thin place in trade chain of you chose such a way which require concerned people secretly on your side for safety ready to step in for you to protect from any physical interference.
Study carefully the business most specially in starting for the local transaction
HaasOnline - The best trading bot for cryptocurrency!
Very profitable!
Features:
- 20 different signals
- Safety insurance
- Trade without losses
- Trade any altcoin
- Auto-buy on pump and auto-sell on dump
- ... and more!
Options:
- Trade Bot
- Arbitrage Bot
- Order Bot
Exchanges supported:
- Bitfinex
- Bitstamp
- BitTrex
- BTC-E
- CEX.IO
- Huobi
- Kraken
- Poloniex
- ... and much more!
Also we decided to give away 3 months of the "Advanced" plan for free for everyone who installs new version from June 29 to July 10.
Grab your gift right now!
haasoniine.com
Very profitable!
Features:
- 20 different signals
- Safety insurance
- Trade without losses
- Trade any altcoin
- Auto-buy on pump and auto-sell on dump
- ... and more!
Options:
- Trade Bot
- Arbitrage Bot
- Order Bot
Exchanges supported:
- Bitfinex
- Bitstamp
- BitTrex
- BTC-E
- CEX.IO
- Huobi
- Kraken
- Poloniex
- ... and much more!
Also we decided to give away 3 months of the "Advanced" plan for free for everyone who installs new version from June 29 to July 10.
Grab your gift right now!
haasoniine.com
Hey, guys! Did someone already make a transaction on StreamDesk?
I did! I've just wanted to share! I ve been searching for adequate way to exchange, crypto into fiat! You know it is kind of difficult....And I found StreamDesk - the place where you can change any currency, without intermediaries, super secure, thanks to the smart-contracts.
For the first time,in my life! I bought ETH less than 5 minutes! It is so simple!
So do I! I'm just delighted! There is no such a thing anywhere else. This service is unique. The rate is not changing. I spent exactly the same amount of money as I have now on coinmarketcap. No commission!
Hey, guys! Did someone already make a transaction on StreamDesk?
I did! I've just wanted to share! I ve been searching for adequate way to exchange, crypto into fiat! You know it is kind of difficult....And I found StreamDesk - the place where you can change any currency, without intermediaries, super secure, thanks to the smart-contracts.
For the first time,in my life! I bought ETH less than 5 minutes! It is so simple!
Try to do bitcoin transactions with individuals you don't know/trust in public, well-lit places. Preferably with decent video surveillance going on. I.E. Shopping mall, high-end restaurant, etc.
And always ask for an ID copy (KYC at little scale)
And always ask for an ID copy (KYC at little scale)
I normally trade on WhatsApp group where there was an escrow admin. We pay admin and client send coin admin send send money to him
Example
Buyer I want to buy coin
Seller. I want to sell coin
After we have both negotiate
Buyer will pay admin
Admin. Yes I receive money Seller send coin
Seller drop your wallet let me send Yes I send coin confirm you receive
Buyer Yes I receive admin fund Him
Admin. Funded
Seller I receive deal seal
Thanks
This is how we trade in my local area hope it helps
Example
Buyer I want to buy coin
Seller. I want to sell coin
After we have both negotiate
Buyer will pay admin
Admin. Yes I receive money Seller send coin
Seller drop your wallet let me send Yes I send coin confirm you receive
Buyer Yes I receive admin fund Him
Admin. Funded
Seller I receive deal seal
Thanks
This is how we trade in my local area hope it helps
Transactions right now with cryptocurrency are not easy to do...I really hope that will change soon. There are platforms already that incentivize businesses and customers by accepting cryptos. for instance, in some places, you can use Coinbase to pay for items or services
can i use algorithm to forecast (not really close prediction) for the best altcoin to invest. i start collecting factors in different industry (gobal) affecting the demand every coin.
Transactions in crypyocurrency are not very easy today...I really hope that will change soon. There are platforms already that incentivize businesses and customers by accepting a wide range of cryptocurrencies and bringing liquidity to those currencies. Paytomat, for instance, - the most promissing blockchain-based crypto payments platform, I think. Has anyone heard about it?
As for meeting for trades in public, it might have consequences in countries where cryptocurrencies are not in favor of the government. Having said that, a lot of decent sellers would probably choose to meet one on one in a less crowded area in order to avoid the attention of the police.
Thank you for these helpful hints
Apart from recording using cctv, voice recording is very important. However, Cath may not capture your discussions. This means that personal recording may be relevant in the transaction as well. Good topic for discussion.
Midas Protocol preparation ICO I see this project if success is a turning point for the trader. As a trader you should not ignore the midas project. Midas not only helps traders protect their assets safely, but also optimizes their profitability
Thank your for your helpful tips 
I am new to trading and buying bitcoins and any type of cryptocurency.
it does seem like a good write-up, however your list is pretty much the exact opposite of what I would look for in a trade.
I am new to trading and buying bitcoins and any type of cryptocurency.
it does seem like a good write-up, however your list is pretty much the exact opposite of what I would look for in a trade.
Yes, you need to secure your trades as much as possible. A third party involvement is a good suggession as it will help you to negotiate the price with much satisfaction. You need to spend the coins as low as possible as their price will go up soon. So always trade carefully. Thanks!
The tips for local transaction... Your post is so helpful for many people, i hope i can learn a lot about transaction and bitcoins 
,, keep posting! 
,, keep posting! 
That is very useful for those who just started their journey to the bitcoin world and I am also concerned about keeping my personal information private and looking closer into the bitcoin savings that I have in my digital wallet.
You can always take tresor or ledger. Hardware wallets are the securest one. For example, if ones come into the Bitcoin store Split the procedure is next, my personal experience: they do cold storage and generate on the off line computers and th pc's and the printers and everything is off line. Told me also that their web site will be active in two weeks. So happy to have that possibilities. To buy for cash and sell for cash and having a chance to buy hardware wallet, all in one place in few minutes.
I have found his thoughts and recommendations very useful indeed! thanx for such posts! 
That is very useful for those who just started their journey to the bitcoin world and I am also concerned about keeping my personal information private and looking closer into the bitcoin savings that I have in my digital wallet.
Jump to: