Localbitcoins is a universal exchange that gives everyone the opportunity to trade bitcoin.
Localbitcoins is based in Finland.
Over the years, they have recorded a vast number of traders based on their reputation, simple and a beginner friendly interface.
How to Purchase Bitcoin with LocalBitcoins
DIY Steps
- Create an account by Registering on LocalBitcoins. Click the link - http://bit.ly/2fMEXSZ
Go ahead and verify your account by clicking the link sent to your email address.
Sign into account dashboard.
On your account dashboard, you will see the list of buyers. Click on them and see their reputation, suitable methods of payment (which will be related directly from the seller to you).
Apart from clicking on the list of buyers, you can enter the EXACT amount of bitcoin you wish to buy by entering it in the space provided, then click on Search button.
When done, the right & matched seller based on your amount will show forth. (Check Out the Image Below).
- Okay, now, click on the seller you wish to purchase from, check the terms and conditions (price, payment window, trading limit and etc.), when satisfied, enter the Bitcoin amount you wish to buy.
Now note, although, it is optional, writing a short note or message in the space provided tends to be important.
Why?
It aids quick response from the seller.
When done, go ahead and click Send trade request.
Personally, about purchase, I do prefer cash deposit if the seller’s location is close. Well, you can go for the option that trips you, but that’s just it for me.
After clicking on send trade request, the seller will contact you where your transaction will be Processed.
Once you have made the payment, click the I have paid button. Once the trader has verified that your payment has been received your Bitcoin will be released from escrow and they are instantly available in your LocalBitcoins wallet.
Remember, When you bring the cash, all you have to do is request the verify code from the seller. Funds will be available in your LocalBitcoins.com wallet.
And that's all there is to it, congratulations on your first Bitcoin trade!
We hope this quick article helped you find the best route to buying bitcoin from LocalBitcoin no matter the part of the world you are.
You may also want to see our full list and review of the Top Bitcoin Exchanges Worldwide with their Pros & Cons - http://bit.ly/2uSYw1c
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