Buy bitcoins using Moneygram from zurdo16 - LocalBitcoins

I am the creator of BitcoinDuLiban.org. I am on a mission to educate Lebanese about the importance and usefulness of Bitcoins in their lives. AMA

What is Bitcoin?

Bitcoin (₿) (ticker BTC)is an open source cryptocurrency. It is a decentralized cryptographic currency without a central bank or single administrator in control that can be sent from user to user on the peer-to-peer bitcoin network without the need for 3rd person in between like bank, or payment processor or institution all transaction processing and verification is carried out collectively by the network.
Find out more at http://www.bitcoinduliban.org/

Why Bitcoin is the future?

Bitcoin emerged in 2009 as more economies across the world started losing trust in the current banking model. Institutions that have been around longer than ourselves have changed very little throughout our lifetime. Not only does the lack of trust, and stagnant change of banks allow Bitcoin to thrive, but also the possibility of eliminating inflation. Bitcoin saw the opportunity to take the power out of the institutions and provide a better service, and the people responded. Bitcoin operates universally, meaning for the first time, there is a possibility of a global currency. With truly international currency possibilities for global economic growth, social equality, self-sovereignty is endless.

Why Bitcoin and not others?

It is a very good question, there at the moment of writing over 2000 projects and “coins” that emerged after Bitcoin. Many of them claim to be faster, better and more flexible than Bitcoin however very few have withstood the test of time or delivered their proposed product. The basic fundamentals of Bitcoin’s principle monetary policy are unprecedented, and by now, it is impossible to replicate its level of decentralization or network security, which is powered by a computer network as powerful as almost 12 trillion Intel Core i7 processors. Bitcoin also has the largest social / community strength. I would HIGHLY advise against investing or getting dragged into any project that claims superiority, I have single rule : if it says it's better than Bitcoin then its what we call “scam-coin” you will only get pulled in and lose your bitcoin/usd value causing a lot of pain and sadness . Sit down, read, learn and be patient, you will not miss out on anything over night and if something is rising in price quickly most likely it will crash as fast.

Does bitcoin have an applicable use in daily life or is it only for holding for future gains?

Bitcoin has taken over the cryptocurrency market. It’s the largest and most well-known digital currency today. Many large companies are accepting Bitcoin as a legitimate source of funds, you can use your Bitcoin at but not limited to : KFC, Burger King, Microsoft, AT&T , Expedia, Subway, Twitch, Virgin Galactic and many more just look it up. You can look up merc and services at https://spendabit.co/ So if you are living abroad, you can use your bitcoin just like any other known currency in addition there are Debit cards in collaboration with VISA network offers that are backed by Bitcoin making you able to pay with it anywhere in the world just with a swipe or tap.

As Lebanese in Lebanon, how can I buy or sell bitcoin ?

In Lebanon unfortunately we can not use our banking system to purchase bitcoin, there was a time where rain.bh an UAE based exchange was accepting Lebanese Cards, till it was stopped but give it a try we weren’t able to confirm all cards.
Therefore most common way to buy bitcoin in lebanon is using P2P which is person to person exchange, this can be through an international website such as localbitcoins.com or hodlhodl.com , all you gotta do is find a sell offer initiate transaction with seller , send him his payment using WesterUnion or Moneygram and once the seller receives payment your bitcoins will be released but make sure you use escrow service which ensures safety of your transaction therefore bitcoins you are buying are frozen for the seller and he can not retrieve them unless you fail to pay or run out of time window to pay. Another p2p way is through local bitcoin communities , there are plenty of traders willing to exchange with you however always ask for the reputation of the seller inside a group and never respond to private messages unless it is a confirmed reliable trader just to avoid losing and being scammed. Feel free to find out more about how to buy in Lebanon at http://www.bitcoinduliban.org/

If I have a bank account outside Lebanon, can I use bitcoin to transfer money from Lebanon to my bank account outside?

It is possible to transfer Bitcoin to an international account in the USA or EU for example, you would need to use recognized exchanges such as coinbase.com kraken.com and many others. It would be as simple as sending BTC to your coinbase account, converting to USD and withdrawing it to your account. However you must take few precautions, if you are sending a significant amount of BTC and converting it to USD you will need some kind of proof that these funds are yours otherwise you might get investigated for money laundering. So is it convenient to send ? I do not think so, if you managed to get what we call now in Lebanon “ Fresh USD” it would be much less of a hassle to simply initiate an international transaction.

Why would I want to send Bitcoin to my family or friends in Lebanon ?

This is where I believe BTC can shine for us, you can use exchanges as coinbase,kraken or any prefered place to purchase some bitcoin that can be transferred to your family wallet within minutes. Your family or friends can exchange bitcoin or part that is needed with local traders to LBP at desired exchange rate therefore you are not forced to exchange at rates given by WesterUnion, after which they will be able to do their daily purchases and mitigate inflation rates to some extent. You can send as little as $1 and the transaction costs less than $1 for any amount.

Why is the Bitcoin price so volatile ?

Indeed it can be, sudden swings of 20% both ways are considered normal if you look at daily data, however bitcoin since 2009 had only one trend which is upward, 80% chance is if you bought BTC at any moment in past 2 years is that you are on break even or positive not loss. Feel free to try this exercise by going to https://dcabtc.com/

Should I invest?

NO. Now since we got the short version of this, let me elaborate. By the end of the day it is a new class of an asset, the price is still in the discovery phase and it could cause a lot of pain and sleepless nights if you invest more than you can chew to possibly lose. No one can advice you what to do with your money and how to position them, however i highly encourage to read, educate yourself on money before investing in BTC a good start would be https://bitcoinduliban.org. Please ask more knowledgeable bitcoin users and double check sources , once you feel confident enough that you understand this monetary system you can try dipping your toes with small amounts and build your position from there. Just stay away from quick gains schemes such as “online mining” “cloud mining” and anything that offers 100% returns in a very short time, if it's too good to be true then it's a scam.

Scams, BE AWARE.

Due to our difficult situation we are being targeted by constant advertisement of potential new solutions using “newly developed cryptocurrencies“ , unfortunately such new technology does not exist and they are trying to take advantage of us by promising fake solutions.
Even Bitcoin can not provide you with a solution to your hard worked money being inaccessible in any Lebanese bank.
Here are few typical scam msgs:
submitted by marceldy to lebanon [link] [comments]

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?

Why are Visa, Mastercard and PayPal ready to integrate crypto payments?
In the past few months, payment giants Visa, Mastercard and PayPal have radically changed their attitude towards cryptocurrencies and blockchain technology, announcing their intention to integrate crypto payments into their systems. It is about the process of global adoption of crypto-innovation in the world of traditional finance.

Visa experience

On March 16, 2018, Visa CFO Vasant Prabhu criticized cryptocurrencies, including bitcoin, stressing that these assets are a bubble. Then Bitcoin was worth $8,300.
On July 22 of this year, when the first cryptocurrency rose to $9,360, a message appeared on the official Visa blog with a completely different message entitled “Developing our approach to digital currency.” In this post, the company revealed that its partnership with two regulated crypto platforms, Coinbase and Fold, is part of a corporate strategy to integrate digital currencies into its payment system, reaching 61 million retailers. In its message, the company highlighted the importance of stablecoins, which “have stepped outside the fintech sphere,” and now include a number of financial institutions and central banks in their ecosystem.
From the message of the payment giant it became known that “more than 25 digital wallets have linked their services to Visa.” Visa also noted that these 25 crypto service providers will be able to leverage the payment giant’s full range of capabilities, including the Visa Direct option and the FastTrack platform. It is worth noting that the corporation also supported financially the company Anchorage, which is studying the issues of cybersecurity of cryptocurrency ecosystems. Visa says the company’s main goal is “to continue to do what we do best: develop our system, supporting new forms of commerce.”
On July 28, at a meeting with investors, in which Vasant Prabhu took part, it was said in detail that Visa sees great potential for its own development in the growing popularity of e-commerce and digital payments. It was also mentioned about the corporate payment system Visa B2B Connect, which is designed to perform international financial transfers without the help of the usually slow correspondent banking network.

Mastercard experience

A similar evolution is taking place before our eyes with Visa’s competitor — Mastercard payment system.
So, on July 26, 2018, the CEO of Mastercard, Ajay Banga, compared cryptocurrencies to things that are thrown into the trash. However, two years later, the payment corporation has largely changed its approach to cryptocurrencies. On July 20, it became known that Mastercard has signed an agreement with the Wirex cryptocurrency company. This financial startup allows you to buy and sell cryptocurrencies for fiat money. Since last month, Wirex has become a member of the Mastercard ecosystem with the right to independently issue cards from this payment giant. We will remind that earlier, in February of this year, a similar decision was made by the Visa corporation in relation to the Coinbase crypto exchange.
Moreover, Mastercard intends to launch a special program to support other crypto companies. As Raj Damodaran, Executive Vice President of Digital Assets, Blockchain Products and Partnerships, Mastercard explained, “The crypto market continues to evolve, and the corporation is helping to advance it by providing reliable and secure services for individuals and companies in the modern digital economy.

PayPal experience

Another payment giant, PayPal, has long been silent about any intention to integrate cryptocurrencies into its structure. However, on July 14, a letter from the corporation to officials of the European Commission was published in the media, where PayPal admitted that it is actively developing applications using cryptocurrencies.
The number of PayPal users worldwide exceeds 300 million people, and the company operates in Europe thanks to its banking and payment services license obtained in Luxembourg. In total, the PayPal payment service is represented in 31 European countries, where the company serves 95 million merchants and retail consumers. It is worth noting that PayPal, along with Visa and Mastercard, was previously part of the Swiss Libra Association, which is implementing Facebook’s crypto project to launch the Libra stablecoin.
The fact that PayPal is developing a roadmap for integrating its own payment crypto services is also clearly demonstrated by the announcement of the recruitment of members of the blockchain technology research team, which requires a senior research engineer. This specialist will be responsible for “development, creation and maintenance of key crypto products / services that will be focused on increasing the efficiency and scale of services provided by PayPal.” Information about the open vacancy appeared at the end of June.
PayPal does not deny its interest in the cryptosphere, but has not yet confirmed information about the development of certain crypto applications or services, for example, based on the Venmo mobile application, which is affiliated with the payment giant.

Who will be the leader in this race?

Nevertheless, crypto market players themselves are actively looking for ways to integrate with PayPal. This is illustrated by the example of blockchain company Pundi X, which integrated PayPal support for its Xpos merchant device on July 1.
Another player in the crypto industry, the fintech company Ripple, has not only supported the classic payment operator MoneyGram by buying 10% of its share capital and investing a total of $50 million, but continues to invest in the integration of cryptocurrencies into this service. Following the results of the second quarter, Ripple transferred $15.1 million to MoneyGram. It is curious that in June another payment operator, Western Union, became interested in the innovative successes of MoneyGram, which is considering buying a competitor. It is worth noting that back in January this year, experts from Credit Suisse Bank published a report in which they noted Western Union’s interest in blockchain technology and Ripple’s payment innovations.
The competition for the integration of cryptocurrencies into the services of payment operators is becoming more and more intense. And one of the main participants in this race was the People’s Bank of China with a digital yuan project. At the same time, in January, even before the aggravation of relations between the United States and China, American PayPal became the first foreign payment operator to officially enter the Chinese market after acquiring a local player GoPay.

The next development step is neobanks

Meanwhile, a number of fintech startups are engaged in the integration of cryptocurrencies into financial services, which can potentially challenge all of the above organizations, including the People’s Bank of China with its digital yuan.
Jack Dorsey’s Square company was able to receive revenue from operations with bitcoins in the amount of $306 million in the first quarter of this year. This cryptocurrency service was launched back in 2018, but only in 2020 saw a significant increase in financial indicators. At the same time, since March, through the Square Financial Services division, Jack Dorsey’s company has been able to provide services as a digital bank.
Another fintech giant, Revolut US, with the support of crypto company Paxos, began offering cryptocurrency trading services in all US states on July 15, with the exception of Tennessee. Curiously, traditional financial service providers are also interested in a new partnership with the cryptocurrency “unicorn”. So, on June 20, the international company Revolut announced that it was integrating American Express services for its customers.
In the case of Square, Robinhood and Revolut, this is not just about trading services, which are provided by various crypto exchanges. After all, all these companies are de facto neobanks — digital financial organizations that have every opportunity to integrate cryptocurrencies into their services, thanks to various partnerships. And the range of possibilities of such neobanks is much higher than that of traditional payment giants.
That is why in the near future we will witness how Visa, Mastercard and PayPal will actively explore the possibilities of buying or investing in a ready-made cryptocurrency infrastructure. These corporations are entering the crypto world, as it is increasingly becoming a matter of their survival in the rapidly changing global financial system.
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submitted by Smart_Smell to Robopay [link] [comments]

Buying BTC with Moneygram

Been investing in crypto via bank transfer, but now looking for an alternative method - any suggestions?
Thinking of using Moneygram via LocalBitcoins...
submitted by Kerncorn to btc [link] [comments]

Requesting Community Help - Making a BTC Explainer video and a Logo

Hello all, i am the creator of bitcoinduliban.org and I would like to request your help if possible.
As most of you know Lebanon is going through a really rough time with its currency losing already 80% of its purchasing power, and it's only getting worse with food/meds and fuel shortages in many areas.
I strongly believe in Bitcoin, as many of us do here, however in Lebanon people lack Bitcoin awareness and are generally afraid of "virtual currency". I am taking on the challenge of educating and helping people to onboard the right way, educate them on how to be safe and avoid all that shitcoin hypes.

But I need your help, I did my best in creating a logo but really my skills are crap and my web skills aren't better either too but i guess that is okay for now. Bitcoin Du Liban is a pun intended at our central bank that is called Banque Du Liban ( https://www.bdl.gov.lb/ ) so my current logo is derived from that, however i would love to have a bitcoin logo with a lebanese accent just for our project so it can be used as branding tool, banners etc.
Bitcoin needs marketing in Lebanon, I would like to create an educational animated video that explains the benefits of Bitcoin for lebanese people , a use case . Currently we are under capital controls, and any USD sent to lebanon using Western Union or Moneygram is automatically converted to local currency at fixed rate instead of true market rate, and using a Bank transfer takes many days in addition that its very difficult to reach banks to withdraw USD and even if you manage to get to the bank you can only withdraw it partially. I would like to create a video explaining how all this can be avoided with simple p2p transaction.

thank you all in advance.
submitted by marceldy to Bitcoin [link] [comments]

Are Cryptos used for remittances?

Hi,
economist here. First off: I am a total crypto noob so please be patient with me if I ask stupid follow up questions.
I am researching remittances at the moment (money that is sent back by migrants into their countries of origin) and have some questions. Maybe this sub can help me answer some of them or point me in a direction for research.

My questions are:

Thanks!

EDIT: denglish
submitted by A_random_otter to CryptoCurrency [link] [comments]

Localbitcoins Support Number=+1(855) 266-9652 -----//(*&^


Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652
LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.

So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.

Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.

Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).

When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.

Here’s an example of a current ad posted by a bitcoin seller:

Meeting preferences: McDonalds, Starbucks, or Panera

This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.

LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.

You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.

When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.

In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.

Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”

If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.

LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.

Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.

Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.

If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.

If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.

If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.

Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by Even-Initiative to u/Even-Initiative [link] [comments]

Localbitcoins Customer Service Phone Number=+1(855) 266-9652


Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652
LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.

So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.

Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.

Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).

When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.

Here’s an example of a current ad posted by a bitcoin seller:

Meeting preferences: McDonalds, Starbucks, or Panera

This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.

LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.

You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.

When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.

In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.

Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”

If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.

LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.

Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.

Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.

If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.

If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.

If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.

Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by EfficientPhotograph5 to u/EfficientPhotograph5 [link] [comments]

Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652 -Why do sellers require this? To protect themselves from fraudulent payments.


Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652
LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.

So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.

Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.

Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).

When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.

Here’s an example of a current ad posted by a bitcoin seller:

Meeting preferences: McDonalds, Starbucks, or Panera

This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.

LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.

You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.

When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.

In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.

Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”

If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.

LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.

Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.

Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.

If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.

If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.

If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.

Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by ThinBeginning to u/ThinBeginning [link] [comments]

Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652


Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652
LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.

So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.

Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.

Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).

When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.

Here’s an example of a current ad posted by a bitcoin seller:

Meeting preferences: McDonalds, Starbucks, or Panera

This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.

LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.

You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.

When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.

In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.

Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”

If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.

LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.

Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.

Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.

If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.

If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.

If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.

Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by coinbasesupportnsd to u/coinbasesupportnsd [link] [comments]

Localbitcoins Customer Customer Support Number=--------+1(855) 266-9652 ------^&*


Localbitcoins (P2P Exchange) Support Number=+1(855) 266-9652
LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.

So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.

Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.

Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).

When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.

Here’s an example of a current ad posted by a bitcoin seller:

Meeting preferences: McDonalds, Starbucks, or Panera

This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.

LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.

You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.

When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.

In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.

Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”

If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.

LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.

Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.

Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.

If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.

If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.

If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.

Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by supportnumberw to u/supportnumberw [link] [comments]

Localbitcoins (P2P Exchange) Customer Support Number +1(888)780-0222

Localbitcoins (P2P Exchange) Support Number=+1(888)780-0222

LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.
So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.
Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.
Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).
When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.
Here’s an example of a current ad posted by a bitcoin seller:
Meeting preferences: McDonalds, Starbucks, or Panera
This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.
LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.
You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.
When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.
In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.
Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”
If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.
LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.
Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.
Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.
If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.
If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.
If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.
Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by bitcoinsupportdf to u/bitcoinsupportdf [link] [comments]

HOW TO BUY BITCOIN ON LOCALBITCOINS

HOW TO BUY BITCOIN ON LOCALBITCOINS
LocalBitcoins, one of the largest P2P bitcoin trading platforms in the world, was launched in the year 2012.
LocalBitcoins enable individuals to trade bitcoins online and it acts as a trusted hub for the bitcoin investors located in various countries where there are no local exchanges.

HOW TO BUY BITCOIN ON LOCALBITCOINS

Buy bitcoin on LocalBitcoins:
Firstly you need to access www.localbitcoins.com then follow the below steps

1. To Register an account

To create your account, you need to click on the “Sign up free” on the top right of the homepage.
There you will find the registration page, in which you have to provide a username, an email address, and password.
Think twice before setting the password, make sure it will not relate with your name, age, date of birth and any other personal information about you.
Once the form is finished, automatically you will receive a confirmation email. Click on the link in your email to confirm that the email address belongs to you.
After the confirmation of your email address, you will be asked to provide personal details, including your full name and phone number.
This step is more important to confirm your mobile number,because when there is a need to reset the details and password of yours in such case localbitcoins send the verify message to this mobile number only.
Enter that code to complete that you get in your mobile number for the account setup.
Now, you will be redirected to the trading dashboard, where you can start buying and selling bitcoin.
2. Payment Options
Localbitcoins supports a high number of payment options.Likewise it supports Prepaid debit cards, Cashier's checks, Credit cards, venmo, Google Wallet, Paypal, Moneygram, Xoom, Wire Transfers, Western Union, Postal orders

3. Buy bitcoin

Using any one of the above method you can buy Bitcoins from drop down menu on the localbitcoins.com
Next, you have to choose for a seller who is offering the amount of BTC. Buy it from sellers at a price at your comfort.
click on the “Buy” button, once you select the seller, After this step you will be taken on the offer’s trade page.
In this you will find a box where you can put your trade requirements and the exact amount
Once you insert the amount to buy, then you find the terms of trade. Carefully read on the terms of the trade.
If you are satisfied with the terms of the trade as outlined by the seller, you can click “Send trade request.”.
Next step, you have one hour to make the payment, at once after your payment is confirmed by the seller, then you will receive your purchased bitcoin in your LocalBitcoins wallet.
Until this stage the LocalBitcoins will hold the bitcoin in escrow. This kind of transaction reduces the chance of someone paying without receiving their bitcoin and vice versa.

4.Send your bitcoin to a secure wallet

Finally you received the bitcoins not but least you are now advised to transfer your purchase bitcoin to a personal bitcoin wallet to which you hold the private keys.
To access your LocalBitcoins wallet, you click “Wallet” on the dashboard and then “Send bitcoins.” There you can add the bitcoin address of your personal wallets to transfer your purchased BTC holdings to your wallet.
Ideally, you should be sending your bitcoin to a hardware wallet that stores your digital currency offline.
The above prescribed steps helps you to keep your bitcoins safe from the hackers.
submitted by ebaystealthacc to u/ebaystealthacc [link] [comments]

How To Buy Bitcoins From Localbitcoins.com

How To Buy Bitcoins From Localbitcoins.com
How To Buy Bitcoins From Localbitcoins.com

How To Buy Bitcoins From Localbitcoins
LocalBitcoins is one of the trusted bitcoin trading platforms for peer-to-peer marketplaces. LocalBitcoins accepts over 60 different payment methods.
Any individual can buy bitcoin either online or in-person using LocalBitcoins. It seems to be an alternative to major bitcoin exchanges such as Binance and Kraken.

Escrow

LocalBitcoins puts the amount of bitcoin being sold in escrow.This escrow system, prevents your money from losing once you paid and provides your money, the complete security on bitcoins purchase time.
This feature is currently applicable only for the online trades and not allowed for local trades, where you meet someone face-to-face.
Most Trusted Payment methods on LocalBitcoins
Below listed are various modes of payment on Localbitcoins
  • Prepaid debit cards
  • Cashier's checks
  • Credit cards
  • venmo
  • Google Wallet
  • Paypal
  • Moneygram
  • Xoom
  • Wire Transfers
  • Western Union
  • Postal orders etc.,
How To Buy Bitcoin On LocalBitcoins
Here’s step by step procedure stated on how to buy bitcoin using LocalBitcoins, they are

Step 1: Open LocalBitcoins website

Initial step open the local bitcoin website, and make sure once that you opened the original website and not the website launched by scammers with the fake version
Step 2: Create an Account
Go to https://localbitcoins.com/registe
You get a free and secure online bitcoin wallet.
No additional apps are needed
If you already have a LocalBitcoins account, you can skip this step

Step3: Select an advertisement

From the advertisements list choose any one of the traders who have a good reputation score and a high amount of trades.
You can also check this from response time indicator shows, it clearly indicates you the status in different colours.
Green Colour: If a trader replies within five minutes
Yellow Colour: If trader replies within 30 minutes
Grey colour: If the trader replies slower than 30 minutes .
Additionally you can also click the 'Buy' button to view more information about an advertisement.

Step 4: Choose a payment method

Carefully select any one of the payment methods as listed above and press the buy button

Step 5: Pay the seller

Once you press the 'Buy' button you'll see more information about the advertisement, including the terms of the trade.
Read it all carefully before submitting the trade request, if you do not agree to trade with them, then you can go back to the previous page and choose another advertisement.
To start the trade, type in the blue box how much you want to buy, enter a message for the seller and click the Send trade request button to start the trade.
Be sure you're ready to pay when clicking the button, if you don't pay before the payment window is over, the trade will be automatically cancelled.
Step6 : Mark payment complete
If you are done on the payment, then click the I have paid button.
Once the trader has verified that your payment has been received your Bitcoin will be released from escrow and they are instantly available in your LocalBitcoins wallet.
And that's all you can successfully finish your first Bitcoin trade!
#bestplacetobuybitcoin #bitcoinaccount #bitcoinlogin #localbitcoinswallet #bitcoinwallet #Bitcoins #Buybitcoin #cryptocurrency #digitalcurrency #paperlesscurrency #paperlessmoney #ethereum #ethereumwallet
submitted by stealthaccshop to u/stealthaccshop [link] [comments]

Localbitcoins (P2P Exchange) Support Number

LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.
So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.
Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.
Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).
When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.
Here’s an example of a current ad posted by a bitcoin seller:
Meeting preferences: McDonalds, Starbucks, or Panera
This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.
LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.
You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.
When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.
In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.
Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”
If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.
LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.
Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.
Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.
If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.
If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.
If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.
Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by mitigations to u/mitigations [link] [comments]

Localbitcoins (P2P exchange) Support Number 1+888-780-0222 [email protected]#[email protected]&

LocalBitcoins doesn’t adhere to KYC protocols. That understandable since you’re not buying or selling bitcoins from the service. It’s just the middleman who matches you with trading partners, and provides an escrow account for transactions.
So, do you need a government-issued ID to trade on LocalBitcoins? It depends. A lot of sellers will require real-name verification before they’ll agree to sell to you online. The most common method of verification is a government-issued ID. Some sellers will accept a utility bill that has your name on it.
Why do sellers require this? To protect themselves from fraudulent payments. To be clear, you can refuse to verify your name. But you’ll severely limit the number of people who’ll be willing to sell to you online through LocalBitcoins.
Once you’ve created an account, look for advertisements posted by BTC sellers. There are thousands to choose from. You can filter ads according to which sellers accept U.S. dollars and which are located in the U.S. You can also filter ads by the type of payment accepted (cash by mail, Paypal, Moneygram, etc.).
When you find a promising seller, click the “Buy” button to the right of the ad’s Price/BTC. You’ll be taken to the seller’s ad, where you can view the details. You’ll see the seller’s location, feedback score, and the minimum and maximum trading limits. You’ll also see the terms of the trade.
Here’s an example of a current ad posted by a bitcoin seller:
Meeting preferences: McDonalds, Starbucks, or Panera
This advertisement is for a cash trade for bitcoin. We will meet at a McDonalds, Starbucks, or Panera (or another public area that we agree upon) to do the deal. Can meet most days, simply text me and we can set up a meeting.
LocalBitcoins uses a number of features to keep your money and your data safe. First up, it’s reputation feature. Every buyer and seller has a reputation score. This score results from the feedback left by others after each completed transaction. Use this feature to find traders who have a stellar track record. They’re unlikely to abscond with your money.
You can also enable two-factor authentication for your account. This is a system whereby you’re required to provide two things to prove your identity before you’re allowed to access your account. An example is an alphanumeric code that must be typed in using your phone. Two-factor authentication is a useful security measure.
When you buy and sell on LocalBitcoins, the bitcoins are placed into an escrow account. This is another layer of protection against scams and charlatans. As noted earlier, the bitcoins are locked down until the seller verifies that he or she has received payment from the buyer.
In the event you experience a problem with a trade, LocalBitcoins will help you to resolve it (see Customer Support Options below). Also, many questions can be answered by posing them to other customers on the LocalBitcoins forums.
Other forms of payment besides cash will not be accepted. Bitcoins will be transmitted instantly.”
If the terms are to your liking, type in the amount you’d like to purchase, and click the “Send Trade Request” button.
LocalBitcoins will transfer bitcoins from the seller’s wallet to an escrow account when a trade occurs. After you’ve paid for the bitcoins, click the “I have paid” button. As soon as the seller verifies receipt of your payment, LocalBitcoins will release your bitcoins from the escrow account and place them into your wallet.
Buying and selling BTC is free. However, users who place advertisements on LocalBitcoins are required to pay a 1% fee on each trade. So if you’re buying, you can avoid this fee by responding to sellers’ ads.
Transactions are instant, though it can take up to an hour to get everything squared away. That’s a conservative estimate. Transactions are often completed in minutes.
If you’re moving bitcoins between your LocalBitcoins wallet and another wallet, you’ll be charged a small transaction fee. The amount of the fee is continually adjusted to reflect network congestion.
If you want to buy bitcoins, all you have to do is look through sellers’ ads and find those that cater to your preferences. Want to meet the seller at your local McDonalds? No problem. Want to buy online using your Paypal account? Again, no problem.
If you want to sell bitcoins, all you have to do is create an ad with your terms. Buyers will find you. Just remember that, as the advertiser, you’ll be on the hook for the 1% trading fee. Alternatively, you can look through buyers’ ads to find someone to sell to.
Everything about the service is intuitive, and nothing is left to chance. LocalBitcoins also provides a helpful FAQ section that contains simple instructions, links to easy-to-follow guides, and even video tutorials. Things are laid out so well that you probably won’t need to use these resources. But they’re there if you need them.
submitted by mitigations to u/mitigations [link] [comments]

My Bitcoin success story

I'm currently traveling through South America, where credit cards are rarely accepted (only by really high-end restaurants and hotels). I normally take cash out of the ATM and use that, but I screwed up and forgot to take my card back from the ATM so it got eaten. I called the ATM's bank and they said it would take 5 days to get the card back, but I was already on my way to a different country. My bank said they could mail a new ATM card but that would also take 5+ days. So I found myself stuck with about $25 to last me for 5 days, maybe even more.
I looked at my different options, Western Union and MoneyGram wanted to charge about $15, plus a 3% fee on conversion rate - PLUS a bank wire fee of $25 by my own bank!
Then I had the idea to get on Coinmap, and lo and behold there's a cafe that accepts BTC. I stopped in for lunch and the owner asked me if I wanted to sell any Bitcoin. I was like hell yeah, that would be a lifesaver! He used a local exchange rate, which was worse than mine, so not only did I get a fresh stack of cash to hold me over for a week, I did everything completely "off the grid" and actually made a few percent instead of paying like $50 in fees.
It was my first cash sale of Bitcoin and it really showed me how useful and flexible having a decentralized currency can be. Anyways, just wanted to share my success story from today :] Cheers all
submitted by btc32123 to Bitcoin [link] [comments]

MASTERTHREAD: What is XCH4NGE? All questions, comments, and suggestions in this thread please!

XCH4NGE is a peer-to-peer cryptocurrency platform similar to LocalBitcoins based in London, UK. We are available in 241 countries, and support 5 different cryptocurrencies (with more to come!). Our platform allows users to: Buy XRP & Sell XRP
Buy Bitcoin & Sell Bitcoin
Buy Litecoin & Sell Litecoin
Buy Ethereum & Sell Ethereum
Buy Bitcoin Cash & Sell Bitcoin Cash
We provide 24/7 live support, low fees (just 1% seller fees), and support 18 different payment options. Our goal is to provide a better peer-to-peer experience than other platforms on the market.
Payment options supported are as follows:

submitted by XCH4NGEUK to XCH4NGE [link] [comments]

Local.Bitcoin.com Aims to Spread Economic Freedom Through P2P Exchange of BCH

On June 4, Bitcoin.com is launching a peer-to-peer marketplace called Local.Bitcoin.com that will allow users from around the world to buy and sell bitcoin cash (BCH). Now crypto enthusiasts and traders can create a pre-launch account to explore the trading platform and create orders on the exchange in advance.
Also read: Bitcoin.com Celebrates 4 Million Wallets Created Local.Bitcoin.com: Creating a Pre-Launch Account and Experimenting With the P2P Marketplace
At Bitcoin.com we believe that the Bitcoin Cash (BCH) network will revolutionize the world of money and give global citizens the true taste of economic freedom. BCH is a decentralized system that allows anyone to transact in a permissionless fashion for less than a fraction of a U.S. penny in fees. In order to add more accessibility and liquidity to the BCH ecosystem, Bitcoin.com is launching the peer-to-peer marketplace Local.Bitcoin.com. The trading platform will allow individuals to purchase and sell bitcoin cash (BCH) either locally or internationally. This week we’ve decided to open pre-launch accounts so users can sign up and test the platform’s features.
To create a pre-launch account in readiness for the official peer-to-peer BCH marketplace to open, sign up here. You’ll be asked for a username and password and then informed that the web browser will generate a private key offline. The interface then encrypts it using AES256-CBC to a PBKDF2-stretched version of your password. This means that Bitcoin.com staff cannot access the wallet and you will need to keep your password secure. Due to the nature of client-side encryption, there is absolutely no way for Local.Bitcoin.com staff to recover a lost password. After the username and password are entered, the platform will send a confirmation email and then grant you access to the exchange dashboard.
Right now Local.Bitcoin.com will provide access to your profile settings, the BCH wallet which allows for sending and receiving, and the ability to create a sell offer. In the profile section, you can edit your username, add a blurb about yourself, change email, edit two-factor authentication settings, and add a mobile phone number. You can also begin by creating an offer and having it all set up for the official opening day on June 4, 2019. The interface will ask if you want to buy or sell BCH whereupon you can select the appropriate option. From here, Local.Bitcoin.com will request a display location, providing an array of local choices or the option to add a custom region. Then you simply choose a payment method from the various choices available. Payment methods for Local.Bitcoin.com include cash (in person trades), bank transfers, bank deposits, Paypal, Moneygram, international wire, Western Union, gift cards, Payeer, Venmo, Skrill, and Transferwise.
After choosing a payment method, you can select a local currency, so if you’re located in the U.S. you’ll probably be choosing USD. From here, you can set the exchange rate, which could be a ‘dynamic market price’ or a more complex ‘custom equation.’ With the ‘dynamic market price’ choice, you can pick a percentage margin above or below the market price of bitcoin cash. For example, you can set the price of 1 BCH and sell it for 2% less than the current market price. Or with the ‘custom equation’ setting, you can customize the exchange rate by pulling data from an array of well known exchanges. An example of this equation would be selling for the highest bid for 1 BCH on Coinbase or Kraken with a custom floor. After the price is set, Local.Bitcoin.com will then ask you to confirm the selling price and make sure the settings are acceptable. A Custom Trading Experience, Blind Escrow System, Bulk Trades, and Finding the Best Margin
Following confirmation, you can then set a limit or a minimum trade size in your local fiat currency. You can also create an offer headline and write a few terms of the trade offer in any manner you desire. Traders can set the offer so anyone can trade with them or they can decide to deal with people who have verified their phone number. After selecting either anyone or just users with a verified mobile number, the platform will ask you to confirm all the terms of the trade. Everything previously selected will be shown above the confirmation tab and you can change any of the settings if there was a mistake along the way. After confirming that everything was correct, simply hit the yellow confirmation button and the offer will be located on the main trade board and the accountholder’s dashboard. You can view the offer, pause it, and edit the trade again even after it was submitted. In addition to this, all trades are safeguarded by our blind escrow, a system that allows for a secure trading environment.
Using Local.Bitcoin.com is a breeze and it takes only a few minutes to set up a trade offer. At Bitcoin.com, we’re thrilled to be able to give people the ability to buy and sell bitcoin cash which will, in turn, bolster the decentralized currency’s infrastructure. Moreover, the peer-to-peer marketplace allows people to trade with each other on a more personal level, rather than dealing with a cold third party exchange. Often times traders can purchase BCH cheaper using an over-the-counter market, which allows users to buy digital assets in bulk and find the best margins available. Unlike with large exchanges, users don’t have to share intimate personal details and traders can begin swapping BCH instantly. So if you are interested in a peer-to-peer platform that allows anyone in the world to buy and sell bitcoin cash, check out Local.Bitcoin.com today and create a pre-launch account now.
submitted by fintube2020 to Bitcoincash [link] [comments]

Sportsbook.ag... Never again

I just never had a good experience with these guys. Customer service wise.
First time I withdrew I couldn't cash the check because there was no chase around where I was and it wouldn't accept a mobile deposit.. Once I explained to them they told me I would basically need to figure it out within 40 days or my money goes bye bye. I barely got it in time as I drove to a whole different fucking state to find the nearest chase. (Only 90 min drive but still).
The second time I tried withdrawing, I actually got a notification today saying my check is coming.. When I requested it April 15. 117 days ago.
Once I cash this check I'll be released from this devil book and I'll continue using 5dimes or even bovada. Both have cashed me out no problem within a week.
NEVER AGAIN SPORTSBOOK.
submitted by kevin_schmevin to sportsbook [link] [comments]

Careful with LocalBitcoins -- How to Avoid their Scams

UPDATE: This post was removed from the /localbitcoins subreddit by their admins.

I was recently scammed on Localbitcoins for ~500 USD, and after providing proof for what seemed an obvious scam, the LBC team resolved the dispute for the seller (this seems to be common practice after researching a bit).

I will not go into detail too much here--if you prefer to hear the whole story just DM me.

**Main takeaways and things to remember to avoid being scammed on LBC:*\*
- Many sellers will have 'contact me on WhatsApp after opening a trade' in their terms of trade details, which is the one of the first things the LBC system draws your attention to after commencing a trade.
- Once you follow the seller's instructions to communicate using WhatsApp, the seller will often send you payment details through a WhatsApp message, under the pretext of hastening the trade. Since the seller will often have good feedback history and no traces of a scam (you're a smart buyer and glanced over their history, right?), there is little reason to be suspicious of a scam at this point. After all, you are being messaged by the same number listed in the seller's 'terms of trade', and you are following their instructions to chat with them through WhatsApp--in other words, you are talking and complying with the seller.
- You continue with the trade, send the money through Western Union / Moneygram / insert cash pickup service here. You send pictures of your receipt, and you mark the LBC trade as paid. You pat yourself on the shoulder for a prompt and smooth trade. You even check to see if the seller has picked up the cash, using the reference number from your receipt--everything is complete.
- At this time, you notice the WhatsApp messages from the seller have been deleted, and around this time you receive a message from the seller on LBC chat, providing you payment details, and requesting you pay and send receipt once paid. However, these are different payment details from those you just sent payment to--herein lies the scam. Your money has now been sent to, and received by, an alias of the seller, and that seller is now feigning ignorance in the LBC chat and concluding the scam.


Sounds like a pretty simple scam, right? Unfortunately, even after providing proof of chat logs, receipts, etc., to the LocalBitcoins team, this dispute was promptly resolved to the seller.

Learn from my mistakes!




submitted by aristo90 to Bitcoin [link] [comments]

Sorry to keep asking questions, last one I promise

Wanted to ask, if I were to hypothetically make a large purchase of bitcoin off of local bitcoin using a moneygram. Would the bitcoin be at risk since an ID was needed for the moneygram? Should I tumble the coins?
submitted by gigigamer to darknet [link] [comments]

Alternative Money Transfer Solutions

With the development of migration, individuals travelling the world to seek better opportunities had faced the challenge of moving money in a safe, quick and cheap way. For many years, the only way to send money was either carrying, mailing or trusting third parties to do it for long distances. The risky and expensive solutions have been challenged with the invention of the telegraph which gave the green light for bank wires. However, wire transfers were not only expensive and time-consuming, but they were designed to work for large amounts between people and companies who had access to financial services. More recently, the 90’s were host to the money transfer businesses bloom, with Western Union and MoneyGram becoming the main services migrants used to send money back home.
Today, in the globalized world of fast internet connection, smartphones and blockchain, people are looking for cheaper, easier and faster money transfer solutions. Financial inclusion, defined as the impossibility of individuals or companies to access basic financial services such as current and deposit accounts, loans, insurance services and payment is key to solving the remittances puzzle and building a solution that allows even the most isolated communities to access financial services.
Remittances in the Age of Blockchain
In the past few years, a new trend has emerged among people working abroad who wanted to send money back to their families: cryptocurrencies. Although we have only witnessed the beginning of the crypto transformation, we can see the impact cryptocurrencies had on the remittances market and financial services as a whole. With the development of the blockchain technology, a number of companies and startups had begun adopting cryptocurrencies to offer remittance services that promise to solve the problems of high transfer costs, speed and transparency.
Abra is a US company founded in 2014 that offers person-to-person money transfer through an app, and lets users to store cash directly on their mobile device, allowing for instant transfer of funds between them. Bitcoin is the main coin they use, and the funds are denominated in USD, with the possibility of settling in local currency on the receiver’s end.
BitSpark, a company originating in Hong-Kong offers a digital remittances service through its own BitShares platform. Payment providers must go through gatekeepers in order to access 200 world currencies. Allowing users to trade their assets by pegging their value to EUR, USD or CNY, BitSpark offers a great solution for the millions of Asians living all over the globe.. BitSpark is currently serving Indonesia, Pakistan, Vietnam and the Phillippines.
BitPesa is the African remittances transfer company, established in 2013 in Kenya. Currently, BitPesa is active in Nigeria, Tanzania and Uganda and it relies on Bitcoin for the transfer of money, removing correspondent banks from the transactions.
Migrant Coin — A better solution?
A couple of other initiatives have appeared within the remittances industry world. However, most of them allow for money transfers between users who already have access to financial services. Credit cards, ATMs and banks are unfortunately not available for a large number of people. In most developing countries, cash remains the only reliable method of paying for specific goods and services.
MigrantCoin is the only cryptocurrency-based reversible money transfer method that aims to engage people with no access to a bank account. MigrantCoin addresses the less tech savvy and aims to make it easier for people to receive money, in cash, using a smart system based on transfers between post offices and door-to-door delivery. The innovation brought by MigrantCoin is exactly related to the fact that it addresses people who don’t have access to traditional financial institutions either because these don’t exist in their areas or because they don’t have the necessary paperwork to open an account. Using a smart system based on local intermediaries, MigrantCoin promises to send the money at your family’s doorstep in 24h.
We plan on making money transfer easy, regardless on where you are. Using the blockchain technology, MigrantCoin will not only decentralize the remittances industry, but also offer a solution that is cheaper, faster, user-friendly and a lot more secure.
If you are interested in what we’re doing, check out our website, whitepaperand join our Telegram group to stay updated with the latest developments.
BitSpark, a company originating in Hong-Kong offers a digital remittances service through its own BitShares platform. Payment providers must go through gatekeepers in order to access 200 world currencies. Allowing users to trade their assets by pegging their value to EUR, USD or CNY, BitSpark offers a great solution for the millions of Asians living all over the globe.. BitSpark is currently serving Indonesia, Pakistan, Vietnam and the Phillippines.
BitPesa is the African remittances transfer company, established in 2013 in Kenya. Currently, BitPesa is active in Nigeria, Tanzania and Uganda and it relies on Bitcoin for the transfer of money, removing correspondent banks from the transactions.
Migrant Coin — A better solution?
A couple of other initiatives have appeared within the remittances industry world. However, most of them allow for money transfers between users who already have access to financial services. Credit cards, ATMs and banks are unfortunately not available for a large number of people. In most developing countries, cash remains the only reliable method of paying for specific goods and services.
MigrantCoin is the only cryptocurrency-based reversible money transfer method that aims to engage people with no access to a bank account. MigrantCoin addresses the less tech savvy and aims to make it easier for people to receive money, in cash, using a smart system based on transfers between post offices and door-to-door delivery. The innovation brought by MigrantCoin is exactly related to the fact that it addresses people who don’t have access to traditional financial institutions either because these don’t exist in their areas or because they don’t have the necessary paperwork to open an account. Using a smart system based on local intermediaries, MigrantCoin promises to send the money at your family’s doorstep in 24h.
We plan on making money transfer easy, regardless on where you are. Using the blockchain technology, MigrantCoin will not only decentralize the remittances industry, but also offer a solution that is cheaper, faster, user-friendly and a lot more secure.
If you are interested in what we’re doing, check out our website, whitepaper and join our Telegram group to stay updated with the latest developments.
submitted by Nick30311 to MigrantCoin [link] [comments]

BITCOIN TO $10,000 Tonight? SBI MoneyGram XRP & Bitcoin Mining LocalBitcoins Review - YouTube Ripple XRP: Real Talk!! Whats Going on With MoneyGram and ODL ??? Exchange Bitcoin to Western Union 2018-19 How to make money on Paxful

Sell Bitcoin with Moneygram. Sign up for free Browse Offers: Bank Transfers, Online Wallets, Pre-Paid Debit Cards, Remittance, Other Payments. Browse Remittance: Western Union, Moneygram, Other Remittance, RIA Money Transfer, Walmart 2 Walmart, Xoom . Showing results 1 - 28 of 28 ← 1 → Buyer ... MoneyGram Global Money Transfer Services. Country and Language Selector Choose a Region, Country, and Language Below Buy and sell bitcoins near you Instant. Secure. Private. Trade bitcoins in 15983 cities and 248 countries including Newyork. Sell bitcoins online in US Dollar (USD) with Moneygram. Sign up for free Browse Offers: Bank Transfers, Online Wallets, Pre-Paid Debit Cards, Remittance, Other Payments. Browse Remittance: Western Union, Moneygram, Other Remittance, RIA Money Transfer, Walmart 2 Walmart, Xoom . Showing results 1 - 10 of 10 ← 1 → Buyer ... Buy with Moneygram by COIN-R. Toggle navigation. Buy bitcoins; Sell bitcoins; Post a trade; Trades Buy bitcoins; Sell bitcoins; Post a trade; Help How to buy Bitcoins; Frequently Asked Questions; Guides; Contact support; Blog; Fees; About us; Sign up free Log in; Buy bitcoins using Moneygram with US Dollar (USD) LocalBitcoins.com user COIN-R wishes to sell bitcoins to you. Price: 13,812.30 USD ...

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BITCOIN TO $10,000 Tonight? SBI MoneyGram XRP & Bitcoin Mining

This video is unavailable. Watch Queue Queue. Watch Queue Queue Why aren't other companies like Western Union and Bank of America using On Demand Liquidity? What is holding us back? Follow me on Twitter @ https://twitter.... BITCOIN BOOM!!! BIG NEWS from S. KOREA!! What USA is NOT Telling YOU About BTC!! 🚨 BIG NEWS from S. KOREA!! What USA is NOT Telling YOU About BTC!! 🚨 - Duration: 19:25. Now there is a “how to buy bitcoins” page on backpage that directs people to Paxful and this is why we recommend creating an account with them for flipping your bitcoins. Moneygram and Western ... LocalBitcoins Como Comprar Bitcoin - con PayPal, MoneyGram, WU o Banco Quiero Mucho Dinero. Loading... Unsubscribe from Quiero Mucho Dinero? Cancel Unsubscribe. Working... Subscribe Subscribed ...

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