Friday 27 January 2017

After 8 Transactions, I'm Loving Bitsquare!

There's nothing like a face-to-face trade in Bitcoin. But when you can't meet face-to-face and you don't want to deal with KYC/AML regulations, Bitsquare is one of the best ways to go. (IMHO)

When using ClearXchange to send the cash, the other party will receive a non-reversible payment, and NO banking info (bank name/account number) will be exchanged. Only email addresses (or cell phone number) will be known to the other person. And, you never have to leave your home.

Bitsquare is still working on the software, but the latest release is working great. But, until there is a little more confidence in the software there is a 1 BTC per trade limit.

Trade History

EDIT: After some research, and speaking with ClearXchange on the phone, it depends on the sending bank whether the payment can be later reversed or not. You better be careful accepting large amounts. All of my transactions were buys, so I don't have to worry about them reversing the bank charges, and they CAN'T reverse the bitcoin. But this does put a dampener on things.



Submitted January 27, 2017 at 04:18PM by Miner62 http://bit.ly/2kaTJTT

No comments :

Post a Comment