
Localbitcoins.com is a peer-to-peer market that enables the trade of Bitcoin directly among users. it is considered very easy to use even if you don’t have enough experience in trading before. However, there are indeed some terms and conditions to fulfil. So, are you interested in joining this platform? To make money, sell, and buy Bitcoin on this platform, here are some steps to follow.
Identifying the Bitcoin Sellers
If you use LocalBitcoins.com, you must choose whether to buy Bitcoin directly or join Bitcoin traders online. There is a list of sellers available. Choose one of them and take a look at the price. It is possible also to add your own ads.
Fund Transfer
After starting the trading you must pass through the escrow process that has been integrated into the platform. You may send your money to LocalBitcoins.com, not to the online Bitcoin trader. Meanwhile, the seller will also send the Bitcoin to the platform. When both have agreed, the platform provides the transaction.
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