Localbitcoins.com is a person to person bitcoin trading site that allows people from accross the globe to trade BTC with each other. Users are allowed to sell and buy through the placement of adverts on the site. You are able to buy bitcoin instantly through the online payment options. Read below more on how to register and start trading.
How To Register And Buy Sell Bitcoin on Localbitcoins.com
Step 1: Register an account at LocalBitcoins.com
Step 2: Use the Search Box to search for the latest offers available on the platform
You can select your currency, location( for instance Cape Town) and you also have the option to select how you choose to pay for your bitcoin. There are many different payment options so make sure to choose one that you feel the most comfortable with. The website will then display all the available offers in your region.
Step 3: Choose the best possible offer from the available list
Make sure to check if they have a good reputation and the amount of trades they have completed. You want to make sure they have been doing this for a while and that they are trustworthy. Once happy click on the Buy Button.
Step 4: Pay the contact for your bitcoin.
Read through the terms of sale carefully. Then you can enter the amount you would like to buy as well as any message you would like to include to the sellar and click on Send Trade Request Button.
Step 5: Complete the payment
The trader will now verified that you have made payment. Your bitcoin will be payed into an Escrow account and will be immedaitely available in your wallet.