In this post I am going to tell you about a website called LocalBitcoins.com. This website enables bitcoin buyers and sellers who are living nearby to interact with each other for buying and selling bitcoins. This website is a peer-to-peer service which supports online transaction as well as face to face transaction.
According to the website that they also provide a escrow service to ensure that each transaction happened between the users is fair. According to them this is one of the oldest exchanges in the industry, founded in 2012 by Jeremiah Kangas, a programmer, and entrepreneur. Currently, it operates in 248 countries and 13774 cities, with a base in Helsinki, Finland.
It is mandatory for every user to verify their identity to use the website. This website also charge you 1% for every trade.
It is very simple to use this website, you have to simply make an account on this website, verify it and start using it. For using it you need not to do any brainstorming it very simple have a look. For buying bitcoin you have to select a seller from the list of your nearby location and click on buy tab. After that you have to enter the amount between the limit specified by the seller and proceed. After that you have to select the method of payment and after that you have to give the bitcoin address to receive bitcoins and its done.
As the news is coming that Supreme Court has reset the hearing date of the case against RBI to 3rd of July, means that the decision is expected to come on 3rd July. So hoping to get the decision in the favour of Indian exchanges.
For worst case I have given an alternate method to all the users.
Link: https://localbitcoins.com/?ch=teix
For more queries comment below.
Thank You and keep supporting.
Good info bro,
I have seen localbitcoin before but did not realize it was only 1% fee.
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yes the platform charges 1% fee only
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I thought it said 2% fee?
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@healthiswealth No its not, you can have a look to thier website's fee section.
https://localbitcoins.com/fees
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Thanks for the correction and the link.
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@healthiswealth my pleasure
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@healthiswealth
posted a new post please have a look an upvote thank you
https://steemit.com/mgsc/@amang9578/koinex-loop-good-news-for-indian-investors
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great work bro hope you keep supporting me
https://steemit.com/mgsc/@rajatgaur/tribute-to-indias-s-greatest-gernal
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@rajatgaur sure bro, please upvote my posts
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it is one of the most powerful platform for buying and selling of bitcoins. I have used and happily using it
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@mwaqar17 yes and most trusted too..
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Yes bro big thinking
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@salmanshaah786 yes bro, please upvote also.
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@amang9578 gud information !
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@vicky8500 thanks!!
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Upvote my post bro now
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done
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done mate...keep adding new things..lots of love..
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@brajbhushan1995 thanks bro!!!
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