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[Dagov]

Is it possible to trade bitcoin outside of an exchange?
Without using an exchange, a greater number of people want to trade bitcoin independently. It is done for reasons of security and trust. Numerous exchanges were compromised, and the Bitcoins on those exchanges mysteriously disappeared.

These days, banks must support exchanges with know your customer standards; if these conditions are not met, laundering money charges may be pursued against you.

 

[magnus2022]

It is absolutely impossible to trade without exchange. Once is trade, there must be a willing partner to make a trade. If nobody is willing to exchange your coin with you, the coin is absolutely useless.
Crypto is still in infancy stage as time goes, it will stabilize its security. On the other hand, don't expect banks to start accepting cryptocurrency. They are the arch enemies of crypto.

 

[Riberet19]

If you refer to centralized exchange, yes there are options apart from this such as DEX or decentralized exchanges or you also have some wallets that allow you to exchange coins or buy from there as exodus, you also have certain places to buy Peer2Peer with other merchants.

 

[btaliat]

There are different ways of trading crypto without the trading platform. There are P2P where the trading platform just serves as an escrow. Aside this, there are some telegram and WhatsApp pages where trading are done.

 

[BullyMaguire]

Yes you can. You can use a wallet to wallet transaction with other people. That's how it is going to be when a business are accepting crypto currency.. you will send it to them yourself in exchange of something so that's a trade aswell. Personally i can trade outside an exchange because we have some local online wallets that's originally for our fiat only now they adapted crypto currency as well

 

[btaliat]

Is it possible to trade bitcoin outside of an exchange?
Without using an exchange, a greater number of people want to trade bitcoin independently. It is done for reasons of security and trust. Numerous exchanges were compromised, and the Bitcoins on those exchanges mysteriously disappeared.

These days, banks must support exchanges with know your customer standards; if these conditions are not met, laundering money charges may be pursued against you.

To be truthful, the post is somehow ambiguous. You get your Bitcoin through an exchanger, meaning, there is now way we can trade without any exchanger. But you can surely get your Bitcoin through other means like buying from friends on social media.

 

[Emmanuel24]

There is no how to trade Bitcoin without an exchange because trading, as the definition implies, means, buying and selling of whatever item it may be. Therefore there's need of payment to get Bitcoin whether fiat currency on payment processor or exchange processor. Even in the case of p2p transaction, it could be bank transfer for payment of Bitcoin in return.

 

[Wisdom01]

Yeah it's very possible , there is actually the option of peer to peer , I think many use this features to actually carry out different purchase and sell , this features are best used by people in that order , so no qualms there

 

[btaliat]

Yeah it's very possible , there is actually the option of peer to peer , I think many use this features to actually carry out different purchase and sell , this features are best used by people in that order , so no qualms there

Peer to peer is still on the exchange. I think there is choice of selling by physical meeting. You may as well sell on social media like WhatsApp and Telegram. Just that we need to be careful if we are doing it outside the platform.

 

[Wisdom01]

Peer to peer is still on the exchange. I think there is choice of selling by physical meeting. You may as well sell on social media like WhatsApp and Telegram. Just that we need to be careful if we are doing it outside the platform.

yeah I believe many actually carry out this peer to peer option when trading ,like for Instance they run the peer to peer option and others ,then this obviously increases the chances of them actually making more money in that order , nevertheless

 

[btaliat]

yeah I believe many actually carry out this peer to peer option when trading ,like for Instance they run the peer to peer option and others ,then this obviously increases the chances of them actually making more money in that order , nevertheless

I don't doubt the fact that we can get our coins through peer to peer platform. I am only saying that the poster was asking about getting coins aside the trading platform. You know of course, peer to peer is done only on the trading platform.

 

[Wisdom01]

I don't doubt the fact that we can get our coins through peer to peer platform. I am only saying that the poster was asking about getting coins aside the trading platform. You know of course, peer to peer is done only on the trading platform.

peer to peer could be done outside the trading platform ,it could also be done on WhatsApp , Facebook and other social media platform , I think some even make use of the peer to peer features as a business opportunities to earn More money

 

[Margery]

The most non-standard and risky way to buy bitcoin is through Telegram bots. Everything here is built on trust. You entrust your money to a person you do not know and who will not contact you if something goes wrong.

 

[btaliat]

The most non-standard and risky way to buy bitcoin is through Telegram bots. Everything here is built on trust. You entrust your money to a person you do not know and who will not contact you if something goes wrong.

I haven't used that before. How does it work? Is there any extra charge on the amount of crypto that one buys and is it all crypto that can be bought using this or just only the Bitcoin that can be bought with this.

 

[Margery]

I haven't used that before. How does it work? Is there any extra charge on the amount of crypto that one buys and is it all crypto that can be bought using this or just only the Bitcoin that can be bought with this.

There's no extra charge, there's just a little less cost. Due to this, they work. But I don't recommend working there. Although there are mainly exchangers, there are also private offices. This I looked only in runet. In other Internet space, no doubt more. As for the fee ... you need to personally negotiate. I mean extra. I talked to one in the Runet telegram, so it costs a little less than the course.

 

[Wisdom01]

The most non-standard and risky way to buy bitcoin is through Telegram bots. Everything here is built on trust. You entrust your money to a person you do not know and who will not contact you if something goes wrong.

Although I think telegram seems to be the place were there are scams and others , so probably some might necessarily not trust the bots and others , they would not believe in the bots section and others I think that's what I noticed there

 

[makanaki]

Yes, it is possible to trade bitcoin outside of an exchange. You can buy and sell bitcoin directly from other people, either in person or online, through services such as LocalBitcoins. ou can also use services such as Bitcoin ATMs to buy and sell bitcoin without using an exchange.

 

[Wisdom01]

There are really people that run the peer to peer option ,like they trade with other people and obviously they earn , since they buy in bulk , although these are more Medium ,there are some people that uses the Bitcoin ATM too

 

[Margery]

Although I think telegram seems to be the place were there are scams and others , so probably some might necessarily not trust the bots and others , they would not believe in the bots section and others I think that's what I noticed there

That's why I wrote that this is the most risky way to buy. Most likely there are bots. However, I did not understand who I was talking to. By the way, the cost of cryptocurrency is slightly less than on the market. He told me this in order not to take a commission. I was not going to buy, I just found out.

 

[Wisdom01]

That's why I wrote that this is the most risky way to buy. Most likely there are bots. However, I did not understand who I was talking to. By the way, the cost of cryptocurrency is slightly less than on the market. He told me this in order not to take a commission. I was not going to buy, I just found out.

oh since the cost is actually lesser then it still ideal and you can purchase from him , since you are buying at more cheaper rate ,than at a very costly kind of price ,there are really no form of problem involved in that order