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Buying and selling cryptos through localbitcoins

  • Thread starter Thread starter Justin
  • Start date Start date
The buying and selling of cryptocurrency in any of the platforms which afford such services is very important in the sense that when you are able to meet the right customers or people who you can do business with them. I haven't comes across the local bitcoin platform this is my first.
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I have not comes across this platform localbitcoin this is my first time of hearing about it but I believe it may worth a try because alot of platform has been developed in other to help people deal with the crypto business easily without congestion in one platform.
 
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When buying and selling cryptocurrencies you need to choose a platform that is reliable and a platform that people are familiar with because if it was a platform that people are not familiar with and people don't use you may not have the opportunity to relate with people or make profit that way
 
I feel more comfortable in using a localbitcoins, it may seem outdated but I prefer it that way.
 
When it comes to cryptocurrency transactions and trading, it's only Binance that I trust fully not to disappoint me or lead me to scam. Coinbase is equally good too.
 
I have heard about localbitcoins and I believe they are among the best in the game. They and Paxful have been brilliant. But I use Binance for my transactions like storing my coins.
 
Currently there are so many site for trading Bitcoin well the mentioned platform will be preferable to me if only the people I am trading with could make themselves visible at anytime otherwise it is just like other platform
 
I have not heard of the site . I guess it's a p2p platform based on the analysis given in the thread. I use roque to withdraw my earnings into my local bank account.
 
Yea I have had about the site from one of my friend,that it is legit, but I tried opening account there and it seems the process is hard,most especially when verification.
 
Yusuf said:
I'm just hearing about this crypto currency exchange platform for the very first time and I think I will really need to give it a trial. I am still using binance for my crypto currency Business for now
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Well it is your own desire to try it there is no harm in trying but when trying do not use huge amount of money to do the trial
 
Local bitcoin is very reliable exchange platforms that has been existence for long I have run transactions with them for like 4 times and they have never failed me in converting my cryptocurrencies to Fiat currencies.
 
Ooh wow, that is nice. This is the first time I'm hearing of it. I think I might check it out tho, just to see what and how it works. I'm sure it is legit If people are saying it has been in existence long enough.
 
This is actually a good advantage to take care of especially right now that financial institutions have been banned from partaking in anything cryptocurrency. I would compare the pricing with that of binanace.
 
I don't know much about local coin before you try any trading platform make sure it is legit there are many scammers out there that are planning to scam people their money by promising them that they will get paid as at all you need to be careful to avoid losing your money.
 
I've never made a cryptocurrency transaction before. So, I'm not familiar with localbitcoin, however binance is commonly used in my nation. It is used by some of my pals.
 
ahmedo24 said:
Local bitcoin is very reliable exchange platforms that has been existence for long I have run transactions with them for like 4 times and they have never failed me in converting my cryptocurrencies to Fiat currencies.
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But is there anyway we can make money with the use of local bitcoins like maybe to buy it cheaper from people and go to the platform and sell at a higher price is there any opportunity for people to make money with the platform by selling of cryptocurrency ?
ahmedo24 said:
Local bitcoin is very reliable exchange platforms that has been existence for long I have run transactions with them for like 4 times and they have never failed me in converting my cryptocurrencies to Fiat currencies.
Click to expand...
But is there anyway we can make money with the use of local bitcoins like maybe to buy it cheaper from people and go to the platform and sell at a higher price ? is there any opportunity for people to make money with the platform by selling of cryptocurrency ?
 
Since local bitcoin allow s buying and selling crypto I will like to try it within my region, with my a small amount of money first, if I like it I will continue the business.
 
Local bitcoin is a platform that trade bitcoin and buying and selling bitcoin. Their is nothing bad in it provided what we need consigning cryptocurrency activities.
 
Nomad said:
They have strict verification process, for sellers as well as buyers. It is secured platform, however, only when you deal with someone in your area.
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There was a time when I was considering using them because they offered payment method through Western Union, but I am not sure who uses them because there are other exchanges that also offers exchanges from cryptocurrencies to Western Union. I think the fees of LocalBitcoins is cheaper, isn't it?
 
It's something I would like to try out . Most of the time I carry out my crypto related transaction on binance as it is the best platform for me. I wouldn't mind trying this out as long as they are trusted. This is very important.
 
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