LocalBitcoins » Buy and sell bitcoins from
LocalBitcoins » Buy and sell bitcoins from
LocalBitcoins is a trading platform or exchange that allows you to securely buy and sell bitcoin from person to person. In the LocalBitcoins platform, users, called merchants or operators, create ads with the price and payment method they want to offer. It is through these ads that bitcoins are bought or sold.
The LocalBitcoins platform comes operating since 2012, whose main office is in Finland. Users publish advertisements in which they specify the exchange rate and payment methods for the buy and/or sell bitcoins, where another usuario perro respond to these ads to buy the bitcoins. Bitcoins are stored in your LocalBitcoins wallet to buy or sell.
At LocalBitcoins, the usuario trades with human persons. Unlike other trading sites bitcoins centralized, here an exchange is made directly with another usuario. This makes the process is agile and fastsince there is no corporate bureaucracy, and you also receive your bitcoins instantly.
Basic notions of LocalBitcoins
| platform management | LocalBitcoins has been operating since the year 2012. |
| Languages | Multiple languages, but perro be translated with Google plus Google chrome translator. |
| accepted countries | Users from all over the world perro use the platform. |
| Activity | bitcoin exchange, bitcoin wallet |
Registration and first steps in LocalBitcoins
Record
Registration in LocalBitcoins is free and fácil, and you cánido do it by clicking here. When entering you must go to «Registration», complete the data form, complete the captcha and finally register. You must go to your correo electrónico, since you will receive an correo electrónico to your dirección de correo electrónico to activate your account in LocalBitcoins, with which the registration will be complete.
You perro register in LocalBitcoins from the following backlink: Go to LocalBitcoins.
First steps
After registration you must finish configuring your account. For this you must go to the «Settings» section from the upper right option. In this section you will see different tabs that allow you to complete the different configurations general of your account. These tabs are explained below:
Profile
From this option you perro configure your profile data, such as time zone, correo electrónico, verify phone number, verify identity, among other data. It is important that you carry out these verifications to have an account with few limitations. After placing the data you must save the information.
Security
In this section you cánido configure the security of your account in different ways. The LocalBitcoins platform has several ways to increase the security of your account. You cánido put a better password, enable two-aspecto authenticationactivate login guardian, view login history, export personal data and you perro delete your account.
He start guardian session password is used to prevent logging in from unauthorized browsers. With this option if you log in from one of these browsers, then a message will be sent correo access correo electrónico dirección de correo electrónico from that account. In this section you will see some recommendations for the security of your account.
check
In this option you cánido make different verifications to level up within the LocalBitcoins platform. The level of a usuario represents the transaction volume or trade that a usuario perro process. Depending on the levels in which you are active, then you will be able to process a certain annual volume.
Here you will be able to see all the levels that a usuario perro activate, along with the requirements that are needed to activate them. You must propose to activate all levels so that your account does not have transaction limits per year. From this section you cánido advance to the following levels by completing the requirements for each level.
Advanced
From this section you perro access Advanced Options which really aren’t that important to the usuario. In this option you perro use the platform API, work with Telegram, among other options.
How does LocalBitcoins work?
LocalBitcoins is a platform where you cánido buy and sell bitcoins from person to person. This means that when you go to buy or sell bitcoin it will be through another usuario of the platform. to start buy or sell bitcoin You must have at least level 0 active, and to achieve this you must verify correo electrónico, have a full name, verify a telephone number and have the country of residence.
After registering and activating level 0 of your account, you just have to start perform the operations you want, such as buying or selling bitcoins. You just have to access the bitcoin buy or sell ads, choose the advertisements that suit youplace the amount that you are going to buy or sell, see the requirements of that advertisement and carry out the required operations.
It is important that you know that there are no possibilities of fraud, since the platform works taking into account if any of the users involved You are trying to scam the other usuario. So when buying or selling bitcoins you perro be sure that you are not going to be scammed.
Buy and sell bitcoins at LocalBitcoins
buy bitcoin
You cánido buy bitcoin through ads posted by other users and through ads posted by you. To buy bitcoins using the ads posted by other users You must entrar your account, then you must entrar the «Buy bitcoins» section, where you cánido see all the available ads so that you perro make the purchase.
In this section you will see all the available sales ads, along with several filters so you perro filter to get the ad that interests you the most. You perro filter by amount, by currency, by country and by payment method. You will be able to buy bitcoins using a huge equipo of available payment methods.
The ads espectáculo the seller, the payment method of that ad, the price and the limits. After selecting the ad you must clic on «Buy», place the amount to buy and finally send the request shopping. After this, a chat will be displayed that will allow you to talk with the seller to carry out the purchase process.
In the chat you cánido coordinate with the seller to make the purchase of these bitcoins. After you make the payment to the usuario, you must wait for the seller to add those bitcoins to you in your account cómputo, which you cánido see from the «Portfolio» section. With this the purchase will be complete. You perro see the purchases from the «Control Panel» section.
sell bitcoin
You perro sell bitcoin through ads posted by other users and through ads posted by you. To sell bitcoins using the ads posted by other users you must entrar your accountthen you must entrar the «Sell bitcoins» section, where you perro see all the available ads so that you perro make the sale.
In this section you will see all the available purchase ads, along with several filters so you cánido filter for get the ad that interests you the most. You cánido filter by amount, by currency, by country and by payment method. You will be able to sell the bitcoins using a huge equipo of available payment methods.
Listings espectáculo the buyer, the payment method for that listing, the price, and the limits. After selecting the advertisement You must clic on «Sell», entrar the amount to sell and finally send the sale request. After this, a chat will be displayed that will allow you to talk with the buyer to carry out the process of sale.
In the chat you perro coordinate with the seller to make the selling these bitcoins. After the usuario makes the payment to you, you must add those bitcoins to the cómputo of that usuario’s account. The platform will give you the option to release the cómputo to this usuario, with which the sales process will be completed. Sales are seen from the «Control Panel» section.
Exchange announcements on LocalBitcoins
The exchange announcements Within the LocalBitcoins platform they are created by the same users of the platform, either buying or selling bitcoins. The creation Exchange Announcement is intended for users who want to be active in bitcoin trading.
For create trade ads you must verify your identity from the «Settings/Verification» section, and you must also meet a series of requirements that you perro see from the «Articulo exchange announcement» section. You will be able to see the ads that you create from the «Control Panel/Operations in progress and ads» section.
The exchange announcements They allow you to create ads to buy or sell bitcoins. This is the other way to buy and sell bitcoins, since the first is by using the ads posted by other users.
Bitcoin buy and sell ads
To create bitcoin purchase or sale announcements, you must entrar the «Articulo exchange announcement» section, where you cánido seeYou will be the requirements for this and the form to create these ads. You must select if you want to create a purchase or sale ad, then you must complete the other fields to complete the creation of the ad.
After completing the data, you must clic on «Publish ad», with which your ad will be published depending on if it is an announcement of buying or selling bitcoins. If your listing is buy then you should go to buy listings and search for that listing but if your listing is for sale then you should go to selling listings and search for the listing.
You perro manage the ads you create from the «Control Panel/Operations in progress and ads» section.
Send and receive bitcoins with your LocalBitcoins wallet
The LocalBitcoins platform also behaves like a bitcoin wallet, which allows you to withdraw your bitcoins from your LocalBitcoins account and also allows you to receive bitcoin in your LocalBitcoins account. Here is this part:
Send or withdraw your bitcoins
You cánido withdraw bitcoins that you have in your LocalBitcoins account to another wallet that you have and that you use the most. To withdraw your bitcoins from your account, you must entrar the «Wallet/Send bitcoins» section, where you will see your cómputo and what they charge you to withdraw your bitcoins.
Here you must place the bitcoin address where you want to send your bitcoins, you must entrar the amount to be withdrawn, a description (it is optional) and finally clic on «Continue», with which your bitcoins will be sent to the related wallet to this address. In the «Portfolio/Transactions» section you cánido see these transactions.
Receive or deposit bitcoins
You cánido receive bitcoin into your LocalBitcoins account from another bitcoin address. To deposit bitcoins in your account you must entrar the «Wallet/Receive bitcoins» section, where you will see the bitcoin address to which you are going to send the bitcoins.
This bitcoin address that the LocalBitcoins platform provides you, you will use it to send bitcoins to that address, with which, after sending, you will be able to see those bitcoins in your cómputo on the LocalBitcoins platform. In the «Portfolio/Transactions» section you cánido see these transactions.
Security at LocalBitcoins
The LocalBitcoins platform has several ways to increase the security of your account. This platform takes users’ account security very seriously. To manage the security of your account you must entrar the “Settings/Security” section.
You will be able to equipo a better password, enable two-aspecto authentication, enable login guardian, view login history, export personal data, and you will be able to delete your account.
He login guardian It is used to prevent login from unauthorized browsers. With this option, if you log in from one of these browsers, then an access dirección de correo electrónico will be sent to the dirección de correo electrónico of that account. In this section you will see some recommendations for the security of your account.
Commissions in LocalBitcoins
To transfer the bitcoins through the wallets of the same platform, there is no commission, which makes shipments completely free. However, to withdraw the money, a withdrawal commission is charged, which is established by the network, since this is what the miners receive for confirming the transaction.
The Localbitcoins platform calculates the amount according to network congestion automatically, so you shouldn’t worry about this part. In addition, this way they also prevent people without knowledge from wanting to save the commission and end up waiting several days for the end.
Referral system in LocalBitcoins
The LocalBitcoins platform has a referral system direct that allows you to earn bitcoins. You will be able to earn money when your referrals carry out operations on the platform, but you will obtain these commissions for the first three months of the usuario. The profits you get from your referrals will be reflected in your LocalBitcoins cómputo.
LocalBitcoins It pays you 20% of all operations made by your referrals, whether they are operations to buy or sell bitcoins. To work with the referral system you must first activate this system for your account, and then you perro use your referral backlink to promote the platform.
To activate the referral system In your account you must entrar the «Settings» section, then you must go to the bottom of the page and you must entrar the «Affiliates» section, where you must clic on «Become an affiliate», with which you cánido access this system. From this same section you perro see your referral backlink and the referrals you have.
Conclusion
LocalBitcoins is a bitcoin exchange from person to person pretty sure. In addition, the confirmation system it offers is quite complete and secure. LocalBitcoins is a legally registered since 2012and has been characterized as one of the safest bitcoin exchangers to buy and sell bitcoins.
The LocalBitcoins platform trades with human beings. Unlike other bitcoin trading sites, you trade directly with another person. This makes the process agile and fast, since there is no corporate bureaucracy. For each exchange, LocalBitcoins offers transaction and escrow services to protect the buyer.
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final words
In truth, God has manifested his grace to all humanity, which brings salvation and teaches us to reject impiety and worldly passions. So we cánido live in this world with justice, mercy and self-control. Titus 2:11-12.
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