Peer-to-Peer (P2P)

bitcoin.local trade bitcoin

Bitstamp Coinbase Coinmama Kraken. Bithumb Coinone Korbit. BitOasis Karsha. AnyCoin Direct Bitcoin. Binance Bittylicious CoinCorner Coinfloor. Bitso Volabit. Independent Reserve Kiwi-coin. Visit Buy Bitcoin Worldwide for user reviews on some of the above exchanges, or Cryptoradar for comparisons based on prices, fees and features. Bitcoin Exchanges Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information.

Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. International Bitstamp Coinbase Coinmama Kraken. Asia Indonesia Indodax. Israel Bits of Gold. Japan bitbank bitFlyer BtcBox. Malaysia Luno. Singapore Binance. South Korea Bithumb Coinone Korbit.

Turkey Koinim. Europe AnyCoin Direct Bitcoin. Poland BitBay. Ukraine Kuna. Africa Nigeria Luno. South Africa Luno. Uganda Binance. Mexico Bitso Volabit. Chile Buda. Colombia Buda. Peru Buda. Venezuela Cryptobuyer. New Zealand Independent Reserve Kiwi-coin. Support Bitcoin.

bitcoin.local trade bitcoin

How It Works

Your submission is now pending approval. Please fill bticoin all required form fields correctly. Like what we're doing? USD values are calculated based on the total BTC traded for the week and do not account for spread, fees. Czech Republic. Dominican Republic. Hong Kong.

Find Bitcoin buyers and sellers near you on LocalBitcoins.

Check out our full list of pros and cons or read on. Fiat payments. How long a payment takes depends on the payment method you and the other trader use. Bitcoin release from escrow. Bitcoin sellers will typically release BTC from escrow as soon as they receive your payment. LocalBitcoins requires buyers and sellers to verify their identity for most transactions, and it has an escrow service to help prevent scams. But even with these precautions, there are still two common scams to watch out for when using LocalBitcoins.

What Makes LocalBitcoins Different than Other Exchanges?

Check out our full list of pros and cons or read on. Fiat payments. Click at this page long a payment takes depends on the payment method you and the other trader use. Bitcoin release from escrow. Bitcoin sellers will typically release BTC from escrow as soon as they receive your payment. LocalBitcoins requires buyers and sellers to verify their identity for most transactions, and it has an escrow service to help prevent scams.

But even with these precautions, there are still two common scams to watch out for when using LocalBitcoins. A scammer buys Bitcoin with credit card, bank transfer, PayPal or another service with reversible payments. Outside of cash payments, which are not allowed on LocalBitcoins listings, there are no guaranteed ways of avoiding chargeback fraud.

This type 17lg3324iozq3knzpalgvkjspasypccmqj what bitcoin this address is scam has two victims. Victim A VA is someone who wants to buy something online. The scammer offers to sell something to VA. Naturally, VA will typically not receive the goods they thought they were buying and will typically initiate chargeback procedures.

Consequently, this scam can lead to innocent Bitcoin sellers losing money and being labelled as fraudsters and even having their bank accounts cancelled. All the same rules as avoiding chargeback fraud apply — only deal in small amounts and only with reputable and identifiable buyers. In addition, you can do the following:.

Scams are a risk on any peer-to-peer cryptocurrency trading platform, and LocalBitcoins is not any better or worse than the others in this regard. You can reduce your chances of being scammed by being careful, but there are no guarantees and even experienced traders sometimes fall victim.

Compare popular large cryptocurrency exchanges. Most traders on the platform will also require counterparties to be verified. Step 3. Browse advertisements or post your own Get started by posting an advertisement of your own or by browsing advertisements from other traders. It was bitcoin.local trade bitcoin in and has been a significant name in the cryptocurrency trading ecosystem since. In earlier years, it was best known as a no-ID cash-in-hand trading platform, but it now requires verification in most cases, and users can no longer select cash in person as a preferred payment option.

Other users may also ask for identification from time to time, and you may want to verify other users. Click here to cancel reply. If someone gains access to your account and uses your wallet, LocalBitcoins will have no way to recover your funds.

Please review their Service Terms found on their website. I want to buy bitcoins from an account in Portugal. Can you help me? Can they be stored on this platform or what do I do with them once bought?

Bitcoins cannot be held on the local bitcoins platform, and to explain that you will need your own wallet. You can read our guide on this page for your reference. I want to sell some coins in localbitcoins. What are the safest options to receive money. Finally, check the feedback for a buyer or seller before initiating any transaction. Optional, only if you want us to follow up with you. Our usa in buy what can with i bitcoin is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

While we are independent, the offers that appear on this site are from companies from which finder. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.

While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us.

Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Find Bitcoin buyers and sellers near you on LocalBitcoins.

Good for peer-to-peer Bitcoin trading with escrow and ID Bad for cash payments, no-ID trading, risk of scams Check out our full list of pros and cons or read on. Pros Available in more than countries. Can be cheaper than other bitcoin and money transfer providers. No minimum or maximum transfers. Many methods for fiat currency delivery. Cons May not be many sellers in some countries. You'll need to handle transfer details.

Buyers and sellers may set transfer limits. Some methods are considered high risk. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. What's in this guide? Learn more about LocalBitcoins: What fiat and cryptocurrencies are supported?

Which payments methods are accepted? Fees and limits How fast will my funds be available? Is LocalBitcoins safe to use? What else do I need to know about LocalBitcoins?

In a nutshell Compare LocalBitcoins against other exchanges Frequently asked questions. Buying and selling Bitcoin Browse the listings available in your region to find reliable sellers and buyers. Browse sellers Search buyer and seller profiles to find reputable counterparties. Post advertisements You can post your own trade advertisements for others to view. Help section For assistance, you can browse the FAQ or submit a ticket.

Deposits Varies Fiat payments. Withdrawals Upon received payment Bitcoin release from escrow. Chargeback fraud This scam targets Bitcoin sellers. How it works A scammer buys Bitcoin with credit card, bank transfer, PayPal or another service with reversible payments. After the payment is made, they claim a chargeback through the payment service. Now the scammer has the Bitcoin and the money, while the seller has no Bitcoin and no money.

How to avoid chargeback fraud Deal only with well-known buyers with a high reputation score on the platform. These could mean the scammer purchased or otherwise acquired a high-reputation account to perpetrate the scam. Only deal with verified, identified buyers. Only make small transactions to reduce the amount lost if you become a scam victim.

Be wary of offers that are too good to be true or even slightly too good. Man in the middle scams This scam targets Bitcoin sellers. How to avoid man in the middle scams All the same rules as avoiding chargeback fraud apply — only deal in small amounts and only with reputable and identifiable buyers. Ask for photographic confirmation of the payment, such as requiring the buyer to bitcoin.local trade bitcoin a photo of themselves physically making the payment.

Have smaller payment windows e. Step 1. Register an account. Sign up for an account by creating a username and password and by providing your email address. Step 2. Get verified. Browse advertisements or post your. Get started by posting an advertisement of your own or by browsing advertisements from other traders.

In a nutshell Pros Low fees. The platform trading fees are low or even non-existent in some cases. Many traders. Cons Risk of scams. Scams are a constant risk, and users need to be vigilant.

Prices vary. Go to site View details. Disclaimer: eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as bitcoin.local trade bitcoin the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

Your capital is at risk. Copy the trades of leading cryptocurrency investors on this unique social investment platform.

LocalBitcoins

Non-US residents can read our review of Binance's main exchange. LocalBitcoins requires buyers and sellers to verify their identity for most transactions, and it has an escrow service to help prevent scams. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Check out our full list of pros and cons or read on. Some methods are considered high risk. Put in your location or allow the app to see your current location. Cryptocurrency Wire transfer. Wall of Coins Popular. New Zealand Independent Reserve Kiwi-coin. Singapore Binance. Victim A VA is someone who wants to buy something online. Hi Faith, Thanks for contacting Finder. Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Trade with USD on Binance. LocalBitcoins users are free to buy and sell using any payment method. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service.

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