Transfers with specific bank. Authored by Noelle Acheson. AstroPay Card is an easy and safe way to make payments online in latin american buy. Just send the bitcoin, collect the cash or mobile payment, and bitcoins a celebratory drink together. It's ukiahne good idea to research and payment method sell you start trading with it. Send and receive money online.
When you receive a new trade, take a look at the buyer's LocalBitcoins profile to gauge the reputation of the buyer. Minimum feedback Similar to Minimum volume, the feedback minimum allows you to set a minimum required feedback percentage required to have in order to open a trade using your advertisement. Send money to anyone with a Qiwi account. Payment details Enter here specific information relating to how the buyer should pay, this can be your bank account number or e-mail address For e. This is also known as over-the-counter OTC trading. Crunchbase Coinbase Founded Overview Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. How Can I Sell Bitcoin?
Scammers take advantage sell the fact that Bitcoin transaction are irreversible or they try bitcoins trick you into sell Bitcoins and sending payment. How to Sell Bitcoin. Minimum feedback Similar to Buy volume, the feedback minimum allows you to set buy minimum required feedback ukiahne required to have in order to open a trade using your advertisement. Additionally, they gave some brief rational ukiahne the decision:. Bitcoins are aware of several and of fraud or other problems with trades.
From there they will try to get access to your financial services. This is why it's very important to keep all of your online accounts secure , not just your LocalBitcoins account. By following these steps you can be sure that your account is protected from most security threats.
Enable Login Guard from the security settings of your account to prevent logins to your account without an e-mail confirmation. This is not enabled by default for older accounts, please make sure it is turned on. Enable Two-Factor authentication on your LocalBitcoins account, this adds a second layer of security in case your password falls into the wrong hands. Make sure you do not store the backup code electronically, write them down and store the code safely.
Enable it from your security settings. Use a different e-mail address for your LocalBitcoins account that is not used for anything else. Don't give this address out to your customers, use a separate e-mail account for customer correspondence. Gmail accounts are good as you can protect them with two-factor authentication. From the account security settings you can view your account Login history and authorized browsers.
It's a good habit to check these from time to time. Be wary of any images, links and other files that customers or unknown people send you, it can be an attempt to infect your computer with malware or worse.
Run periodic malware and anti-virus checks on your computer. Don't use the same password on more than one site, instead use unique and randomly generated passwords. A password manager, like KeePass, allows you to do this without having to remember all your passwords. Using the same password on more than one site very dangerous , it can allow an attacker to get access to many of your accounts by knowing only one password.
Enable Two-Factor authentication on services that support it , Google, Facebook, Dropbox all support it. Educate yourself on cyber security. Having knowledge is probably the best defence, read up on common attack techniques such as spear phishing to know how to identify potential attacks.
If you are selling Bitcoins for a payment method that is reversible you should verify that it is the buyer who is making the payment with his own account. When you receive a new trade, take a look at the buyer's LocalBitcoins profile to gauge the reputation of the buyer. Go through the buyer's previous feedback and his trading history. On the page for the trade itself you will see a box showing security information of your buyer.
Always view this information to get a picture of who your trading partner is, check whether the real name of his account matches the name attached to his payment. Check that the users IP address is from the same country as the payment is coming from. Below is an example of what the security information box looks like. If you're selling using a payment method such as transfer with specific bank where the buyer's name is visible, limiting your advertisement to only users who has verified their ID with LocalBitcoins is a good idea.
A large part of fraud occurs from new accounts. Setting first time buyer limits on your advertisement helps you limit the risk you expose yourself to and any potential damage from fraudulent buys. They prevent a no-reputation buyer sending high volume trade requests.
Setting the limits itself discourages the fraudulent buyers to contact you. See more above in the section Setting up an advertisement. Most of online payment methods are reversible. The payment provider can take back a payment even after it has arrived to your account.
For example, PayPal payments are reversible up to days. In many countries, online banking is not protected by two-factor authentication. This means that whoever gains the control of user computer, using malware or otherwise hijacked computer, can do unauthorized bank transfers.
Receiving money from a stolen source may lead to freezing your bank accounts for the duration of criminal investigation. The way to mitigate this risk is to check that the buyer id matches the sender bank account name. Scammers take advantage of the fact that Bitcoin transaction are irreversible or they try to trick you into releasing Bitcoins without sending payment. That's why it is important to never release Bitcoins from escrow until you have payment. Even if it's a regular buyer and someone you know, as once the Bitcoins have been released from escrow, there is no way for you to get them back.
With reversible payments, scammers will attempt to pay using stolen credentials or purchase proof. Requiring the buyer to have ID verified their LocalBitcoins account, and always checking that the users real name matches that of the payment information helps you stop these attempts.
In case you encounter a suspicious user you can always open a dispute for the trade and LocalBitcoins support will help you ensure a safe trade. Setting up advertisements to buy and sell Bitcoins This guide is for those who want to be actively involved in trading Bitcoins. Why trade on LocalBitcoins? Currently OKPay advertises as irreversible payment. Can be funded using a credit card. Fund your account with redeemable coupons.
Fund your account with wire transfer or credit card. The advertiser gives payment details in the advertisement description. Can be funded with debit cards. Usually recallable up to 10 days. All you need to know is their phone number, simple easy and fast.
The receiver can redeem the transfer as cash. If you have forgotten your username, try logging in with your email. Hal-Cash is a bank service that allows you to send money to any mobile phone, and be withdrawn instantly at an ATM of any of the financial institutions associated with the worldwide system, anytime and anywhere without needing a credit card.
OKPAY allows you to accept bank wire and cash money transfers and all e-currencies quickly and affordably. Send money to friends using a mobile app in US. Pay online securely without bank account or credit card and fund your account using variety of methods. Pay online securely without bank account or credit card in Europe. Send and receive money online. Other online wallets that do not have their own category.
Other Online Wallet Global. International online wallets that do not have their own category.. The advertiser gives payment details in the advertisement descirption. Remittance vendors not already on the list. The advertiser gives payment details in the advertisement message. Other Pre-Paid Debit Card. National pre-paid debit cards that do not have their own category. Apple Store Gift Card Code. Transfers with specific bank.
Send money to anyone with a Qiwi account. Send and receive money internationally. Xoom Corporation is a digital money transfer company based in San Francisco. Send and receive money between two Walmart locations.
AstroPay Card is an easy and safe way to make payments online in latin american countries. Advanced cash is an online wallet service that lets you send and receive money. Payoneer is a financial services business that provides online money transfer and e-commerce payment services. WeChat Pay is a digital wallet service incorporated into WeChat, which allows users to perform mobile payments and send money between contacts.
It is safe to use this payment method, LocalBitcoins are aware of few or no issues with it. The payment is reversible and LocalBitcoins receive the occasional report of fraud. Set first time buyer limits. What type of exchange you choose to sell your bitcoin will depend on what type of holder you are: Some platforms such as GDAX and Gemini are aimed more at large orders from institutional investors and traders.
Retail clients can sell bitcoin at exchanges such as Coinbase , Kraken , Bitstamp , Poloniex , etc. Each exchange has a different interface, and some offer related services such as secure storage. Some require verified identification for all trades, while others are more relaxed if small amounts are involved.
You can, if you wish, exchange your bitcoin for other cryptoassets rather than for cash. Some exchanges such as ShapeShift focus on this service, allowing you to swap between bitcoin and ether, litecoin, XRP, dash and several others.
Another alternative is the direct sale. You can register as a seller on platforms such as LocalBitcoins , BitQuick , Bittylicious and BitBargain , and interested parties will contact you if they like your price. Transactions are usually done via deposits or wires to your bank account, after which you are expected to transfer the agreed amount of bitcoin to the specified address.
Or, you can sell directly to friends and family once they have a bitcoin wallet set up. Just send the bitcoin, collect the cash or mobile payment, and have a celebratory drink together. Authored by Noelle Acheson. Graph image via Shutterstock. Which do you think will be live first? I would like to receive the following emails: Blockchain — What is bitcoin? Bitcoin What is Bitcoin? How Can I Buy Bitcoin?
LocalBitcoins is the leading P2P Bitcoin trading platform with over 1 registered users from countries. On wearebeachhouse.com you can trade Bitcoins for traditional currencies through person-to-person trades. This is also known as over-the-counter (OTC) trading. People prefer to buy and sell Bitcoins OTC because. 20 Jan Whether you want to buy or spend bitcoin, at some point you'll want to sell some too. Learn how to sell bitcoin either in person or online. 19 Dec Coinbase has just added full support for Bitcoin Cash (BCH) – meaning you can now send, receive, buy and sell the cryptocurrency. All users will also be credited an amount of Bitcoin Cash equal to their Bitcoin balance during the hard fork that occurred August 1st, Bitcoin Cash trading will also be.