If you want to buy
bitcoins the easy way without the need to deposit national
currencies or provide personal information
then LocalBitcoins, a p2p Bitcoin exchange is the right place. They let users buy and sell from each other using many payment methods.
This is a prefered exchange since it protects your privacy to a certain degree as it does not require you to provide any personal information
or documents. It only requires you to reveal your identity to the person selling Bitcoin to you. You can also sell your BTC there.
Let’s get started
Create an account
Step 1: Click here to register an account with Local Bitcoins. Click Sign up free”
Step 2: Enter your information and click “Register”
Step 3: Confirm your email and log in.
time to buy some Bitcoin. Ideally, you will want to choose
cash in person as it’s the most untraceable way to exchange
You can also choose to create your own order with your preferred price or to take one that has been previously created by someone.
Remember that since users are providing a service in selling you Bitcoin, they will charge a premium on the market price. This premium
will change according to the type of payment method, user reputation, and quality of service.
Step 1: Enter the amount (1) and currency you want to buy your Bitcoin with (2), the location (3), and the type of payment method (4). We are going to choose cash in hand.
Step 2: Click “Search”
Step 3: Select an offer that best fits your needs according to distance, price and seller reputation. Then click “Buy”
seller reputation is described in from of his name. The first
number is the number of trades and the % is the number
of positive feedback. (In this example, the seller has more than 100 trades with 100% feedback)
Step 4: Make sure you read the terms of the trade (1) and agree with them before proceeding. Then select the amount of BTC you want to buy (2) and click “Send trade request” (3)
begin a chat with the seller. Follow the seller’s instructions
to complete the trade in person. His Bitcoin
will remain in escrow
until the transaction is complete, after which you can withdraw them to a personal wallet.
Create an Order
If you don’t like any of the available orders, you can always create your own. If anyone is interested they will open it and follow your terms. Remember that it may take a very long time for someone to take your order, depending on the price, location and quantity.
Step 1: Click “Post trade”
Step 2: Fill in your preferred settings and click “Publish advertisement” at the bottom of the page
3: Wait for someone to take your order and chat
with that person to agree on a location and time
It is far more complicated to create an order than to take one