Local Bitcoins.Com explains local Bitcoin website Digital currencies

Local Bitcoins.Com explains local Bitcoin website Digital currencies 

Localbitcoins.com explaining the local bitcoin website to sell bitcoin, the Bitcoin website is one of the most important sites that sell bitcoin through and convert it into financial profits that can be withdrawn through bank accounts and that is within minutes, and we will present in this article an explanation of localbitcoins local bitcoin website. com to sell bitcoin and get money through the money makers website where the site brings the buyer and seller closer. 

You will find in this topic .. 

1. Define a local Bitcoin platform 
2. Local Bitcoins.com explained to sell bitcoin 
3. Cases of stopping the sale on the site 
4. Local Bitcoin site support for peer-to-peer local transactions 

Define a local Bitcoin platform 

1. It is a platform used to buy and sell bitcoin from the type of peer to peer, meaning that this platform provides the option of buying and selling bitcoin between subscribers to the site and the platform, that is, it is a guarantor broker between the two parties, in exchange for receiving a very low commission, but we can say that the site from The lowest sites in obtaining a commission where he earns an amount of up to 0.00005 BTC. This site also features that when buying you can choose the currency in which your country deals, which helps to understand the price plan. 

Local Bitcoins.com explained to sell bitcoin 

1. After registration, the wallet is compressed, which means your wallet on the site. 
2. Then receive bitcoins and the wallet address is copied. 
3. Then it sends any number of Bitcoin you wish to sell. 
4. The Bitcoin sale page is entered. 
5. Then, you browse the prices of the purchase and the banks, and the choice is made between the best prices that suit you, between the people who offer the prices and they have the same bank. 
6. Then the required quantity and details of the account are determined as in the following picture, and the transmission is done. 
7. We recommend you to read: Explain the blockchain technology simply, its advantages and disadvantages 
8. If no response is made within a period of 90 minutes, the request will be canceled. 
9. After completing the steps and the arrival of the transfer, the confirmation is confirmed, then press release bitcoin so that the broker can obtain bitcoin. 

Cases of stopping the sale on the site 

1. If the prices are less than the average price in the market by a large difference, the sale process must be stopped, and if the prices are close to or higher than the market prices, this is a good option.

Local Bitcoin site support for peer-to-peer local transactions 

1. Those who trade can use the Bitcoin Cache local market, which is a peer-to-peer system with any payment method, as the non-custodial platform provides high margins for profit for both the seller and the buyer alike, in addition to that there are several options to facilitate the users Those who live in faraway places where they can pay online, but the Bitcoin Cash market still supports cash transactions for people who want to complete their transactions in person. 
2. Here, the Bitcoin agency announced that it has stopped supporting monetary transactions, and the reason for this is that these changes taking place on the scene cause some users who wish to complete their transactions in a monetary manner and confused personally. 
3. In addition, this decision may create risks for users who leave the security system provided by the Bitcoin platform, and are inclined to use insecure ways and means, such as the chat system on the platform or any other sites, since without a guarantee system it is possible to seize private funds For traders, on this basis some platforms resort to a peer-to-peer system that provides a safe system of use. 
4. The Local Petcon platform provides a blind security system in the sense that it is a system that creates transactions on the network except that the funds are in a safe place that no person can approach the funds for the transaction or spend it, as it is only available to complete the transaction, and delete the local Bitcoin platform for cash transactions It highlights the need for non-custodial solutions for dealing in cryptocurrencies. 
5. At the end of our topic on we have provided an explanation of localbitcoins.com to sell bitcoin in detail. We hope that we have informed you of the information we provided to you on that topic.