the issue of the sale and purchase of bitcoin between individuals.
\nIt may happen that you decide to sell or buy bitcoin from a private individual for various reasons, the important thing is to always be careful that on the other hand there isnt a scammer or an attacker on the seller.<\/p>\n
Let’s start from the point of view of those who want to buy.
\nThe steps to take are:<\/p>\n
1 checks the credibility of the seller:<\/strong> 2 documents everything to avoid fraud:<\/strong> 3 wait for the first confirmation before paying<\/strong> 4 uses an escrow:<\/strong> 5 Where to trade:<\/strong> Advice For those who want to sell: the issue of the sale and purchase of bitcoin between individuals. It may happen that you decide to sell or […]<\/p>\n","protected":false},"author":19,"featured_media":2777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47,49,50],"tags":[],"yoast_head":"\n
\nThere are groups and sites where individuals decide to sell their bitcoins.
\nOn these sites there are always reviews and past experiences.
\nYou have to check the credibility of these people and how they approach each other in the various chats.
\nTrust your instincts and Always start with small amount of money to buy.
\nAlso try to use google by searching through the various pages. Maybe you will waste time or maybe you will save your money and life.<\/p>\n
\nChat with this person, ask questions and have them explain precisely how the exchange will take place.
\nDon’t leave anything out. Prefer emails or written chats, avoid phone calls or record them.
\nRemember that you need material to help you prove fraud.<\/p>\n
\nRemember that Bitcoin needs 6 confirmations to go from one address to another, and it generally takes 10 minutes for the transaction to be written in the first available block.
\nObviously assuming that the transaction fee does not make him pass to the next one and so on …<\/p>\n
\nWhat is an escrow?
\nFrom wikipedia: A guarantee deposit is a legal agreement in which a real or virtual asset is deposited by one party in the account of a neutral third party, until the other party fulfills the contractual clauses. Upon fulfillment of the clauses, the agent will deliver the deposited asset to the other party.<\/em>
\nA 3rd party will protect your money from possible fraud.<\/p>\n
\nYou can choose to do the exchange in a public place, in a bar or without meeting the person on the other side.
\nIt’s all up to you, but don’t put yourself in danger.
\nAvoid hidden places and stay around people.<\/p>\n
\nThe advice above can also be applied to the seller’s part.
\nBe careful with buyers. It could be an attempted assault and it wouldn’t be the first time a salesperson has been beaten up and robbed.
\nBe careful<\/p>\n","protected":false},"excerpt":{"rendered":"