The foundation of LocalBitcoins is laid in 2012 with the native city, Finland. It is serving the financing community for trading from consecutive 7 years of excellence.
The privacy of sellers and buyers is their first consideration. Sellers can advertise their deal on the platform; where buyers can choose their suitable package.
Register Your Account
To buy, first of all, you would register your account by giving them your email. You can create a secure username by coding a complex character. Passwords must consist of letters, numbers, and other unusual characters; don’t be ever make a mistake to share your password with anyone.
List of Buyers
Click on the ‘QUICK BUY’ and there will appear four boxes following:
- Method of Payment
In the boxes of the main menu, you would put the Paypal method and choose the country in the country box.
There will appear a list of buyers and sellers on the dashboard: you would scroll down the list from start to end to check the most favorable buyer for you; with a 100% feedback score.1
Before making a deal with anyone, you should have to glance at all the information about him, including:
- Trade of volume
- Number of confirmed trades(Should be maximum)
- Feedback score(Must be 100% or nearly)
- Verifications(Check all)
- Trust Block
- Feedback by users(Comments given by users; showing at the bottom)
Press Buy Button
You would press the ‘Buy’ button, after your satisfaction, to make a deal practical. Make sure you collect all the information according to your needs and criteria.
Buy with Paypal
The most crucial step is to make out a transaction using Paypal; where you put the numbers about how much you want to purchase bitcoin.
Fees Charged by LocalBitcoins
Facts and data about fees charged by the platform are given on the page ‘LocalBitcoin fees’ at the end of the website.
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