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[Noob Friendly] How To Buy Bitcoin on Localbitcoins.com - Printable Version

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+--- Thread: [Noob Friendly] How To Buy Bitcoin on Localbitcoins.com (/showthread.php?tid=4514822)

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[Noob Friendly] How To Buy Bitcoin on Localbitcoins.com - RagZorro - Oct 30, 2014

[Image: AbDXa31.png]

Did you ever wonder how to get a Bitcoins?
You can mine it or simply buy.

I bet that many times you have seen sale threads where the only option is Bitcoin payment. In this article I will write as easily buy bitcoin up to 15 minutes!
HackForum’s Currency Exchange allows you exchange almost every currency to bitcoin but not all members are trusted enough to make such an exchange.

Localbitcoins.com is a marketplace where you can buy Bitcoin in various ways, e.g. Western Union, Okpay, Ukash, MoneyGram, PaySafeCard, WebMoney and even Paypal - only small amounts due to the chargeback.

The most popular method is Online Bank Transfer. However, we need to register before that.


Instructions - Step by Step
  • Registration window will appear - you have to enter your details.
    Spoiler (Click to View)
  • Click on Buy Bitcoins, enter the value that you are interested in, the country you live in, select All online offers then press “Find offers”
    Spoiler (Click to View)
  • There will be currently active listings. For your safety Select the person who is 100% trusted.
    Check the green online-status bar to make transaction faster. Press Buy
    Spoiler (Click to View)
  • The next window show transaction’s Terms of trade. Make sure to read everything carefully. You will probably need to enter your name and verify your account by sending an SMS. This is a one-time need If you first time using Localbitcoins.com.
    Spoiler (Click to View)
  • When you're ready put down the amount that you are interested in and press Send Request. On the right side you will see a chat where you can ask all your questions and concerns to the seller. There will be informations on the bank transfer.
    Spoiler (Click to View)
  • After a successful transfer, the seller “releases” bitcoins. They are automatically transferred to your account by the escrow system of Localbitcoins.
    Spoiler (Click to View)

I hope this will help a lot of members quickly and efficiently buy bitcoin.🤝

* - OGxPRED - Oct 30, 2014

Great guide. I feel we need more guides like this because the crypto would can be very confusing, and guides like this can help a lot of new people join the crypto revolution.

* - SIM-1809171 - Oct 30, 2014

So, do localbitcoins act as a middle man? Do they hold your money and their bitcoin. To ensure you're not scammed?

Never used this service. If not, does any other sites offer this?

* - Habit - Oct 30, 2014

(Oct 30, 2014 02:01 PM)e4stwood Wrote:  So, do localbitcoins act as a middle man? Do they hold your money and their bitcoin. To ensure you're not scammed?

Never used this service. If not, does any other sites offer this?
Yes, you put into an escrow and once the buyer provides the funds you release the coins.

* - RagZorro - Oct 31, 2014

(Oct 30, 2014 01:54 PM)OGxPRED Wrote:  Great guide. I feel we need more guides like this because the crypto would can be very confusing, and guides like this can help a lot of new people join the crypto revolution.

Thank you👍

(Oct 30, 2014 03:52 PM)Habit Wrote:  Yes, you put into an escrow and once the buyer provides the funds you release the coins.

I agree with you 100%

* - graymoon - Oct 31, 2014

I use Localbitcoins. Is efficient, except support.

* - RagZorro - Nov 2, 2014

(Oct 31, 2014 02:04 PM)graymoon Wrote:  I use Localbitcoins. Is efficient, except support.

You're right. But there support is not needed unless you have some special questions.

* - Fizure - Nov 3, 2014

you also need to add when dealing person to person ...

* - RagZorro - Nov 5, 2014

(Nov 3, 2014 12:01 AM)lobo13 Wrote:  you also need to add when dealing person to person ...

It depends on the vendor with whom you do the exchange🤩

* - Ghanem - Nov 5, 2014

Gotta say thanks for the tut, bought some bitcoins two days ago. 🤝

* - RagZorro - Nov 6, 2014

(Nov 5, 2014 01:41 AM)Ghanem Wrote:  Gotta say thanks for the tut, bought some bitcoins two days ago. 🤝

Nice to hear that I could help someone. If anyone has any insights do not hesitate to tell me.

* - Naty Root - Dec 16, 2014

Most of vendor ask to verify your identity by sending à scan ID...

* - Pullinski - Dec 16, 2014

Please fix it, right in the beginning it says, "Have you ever wondered how to get a bitcoins" please fix it to "bitcoin."

* - RagZorro - Dec 18, 2014

(Dec 16, 2014 02:20 PM)Naty Root Wrote:  Most of vendor ask to verify your identity by sending à scan ID...

Most if you want to exchange your PayPal then it happens

* - sugarboi007 - Dec 30, 2014

Greetings bro..i need to buy datascrambler with perfect money...pls hw do i go about that?