LocalBitcoins

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LocalBitcoins

100% Would buy here again

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M
Milo
I invested in bitcoin some years ago but then trading it has always been an issue. I tried many times and failed. However, a friend introduced me to Local bitcoins, a platform that allows clients t...Read on

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    exciting experience shopping from Milo

    I invested in bitcoin some years ago but then trading it has always been an issue. I tried many times and failed. However, a friend introduced me to Local bitcoins, a platform that allows clients to trade bitcoin for their local currency. I signed up with Local bitcoins and I have been reaping the benefits ever since. I can post adverts on the platform and also state my desired payment method and exchange rate for buying and selling my bitcoins. With Escrow, I guarantee my security and that of my buyer keeping the bitcoin safe until payment is made. I recommend Local bitcoins for anyone looking to trade bitcoin for their local currency using a secured and efficient platform.

    M
    Milo
    820

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LocalBitcoins

The way we buy and sell, and even save money is fast changing. Some time ago, people relied on piggy banks for their savings and even traded items in a trading system known as trade by barter. With the emergence of a physical medium of exchange like money, we learned to transact by exchanging money for the goods we need. Now, that is also fast changing as cryptocurrencies are fast taking over the world. People now invest in currencies like ethereum and Bitcoin. Of course, you probably have heard of bitcoins and have been considering an investment in this virtual currency. There are countless reasons why people consider investing in cryptocurrency, and one of those reasons is because it is profitable even though it is also a volatile market. If you have tried to trade bitcoin before and you found it difficult, it most likely is because you have used platforms that are difficult to trade on, or difficult to understand.   If you are looking for a platform that will allow you to sell Bitcoin in exchange for your local currency and allow you to deal with real people, the best thing to do is to search the internet for platforms that may be helpful. Localbitcoins is a platform that allows clients to trade bitcoin for their local currency. If you feel like LocalBitcoins will be useful to you, do well to read candid reviews of LocalBitcoins from other bitcoin enthusiasts who have traded on this platform.

About LocalBitcoins
LocalBitcoins.com is an online platform where person-to-person bitcoin trading takes place. At LocalBitcoins, people from various countries can exchange bitcoin to their local currency and vice-versa. The online platform allows users to post adverts where they are at liberty to state payment methods and exchange rates for buying or selling bitcoins. By leaving a reply to these advertisements, a trade will be opened, and escrow protection will be automatically activated. With Escrow, both buyer and seller are protected by keeping the bitcoins safe until payment is made, and the seller willingly releases bitcoins to the buyer. The Bitcoins in every transaction are placed in LocalBitcoins.com web wallet from where users can make their bitcoin purchases directly.

Products and services of LocalBitcoins
LocalBitcoins allows for the exchange of bitcoins for local currencies. Users have the privilege of setting the exchange rates and securely trading their Bitcoin. The business also allows for partnerships and runs an affiliate program for interested customers.

Compliments, complaints, and tips for LocalBitcoins
Have you or anyone close to you ever traded bitcoins on the LocalBitcoin platform? If you have tried this platform before, kindly share your experience with other potential users and by leaving a candid review of local Bitcoin here. We encourage readers to leave useful tips for businesses if they have found any aspect of their products and services delivery where they can make adjustments or fixes. Do not hesitate to share your tips and also remember that your feedback will be beneficial to all those who plan to patronize this business in the future.

Disclaimer for Crypto Enthusiasts

Cryptocurrency is not regulated by the UK Financial Conduct Authority, and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.

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Take a finance course
Look for courses from universities and other academic institutions that can guide you in your learning journey. You can also have a quick read at books such as The Richest Man in Babylon or the well-known "... for Dummies" series which can provide you with insight into the basics of finance so that you can then identify specific items that you would like to learn more about. 

Internet is your friend
For any questions, there’s no better place to go to for fast, easy access to information than the web. You can look for finance information at Investopedia and similar sites that provide access to infinite amounts of information and will also keep you updated on the latest financial developments. You will also be able to find economists, strategists and other experts that can be interesting and informative to you. 

Get deeper into the subjects
Once you’ve covered the basics of finance it’s important to immerse yourself in more complex financial subjects. There are great publications and magazines that can truly help you gain more in-depth knowledge than you will usually get surfing the web or taking on a course. The more you are able to deal with complexity, the easier also the basic finance matters will be to deal with. 

Get familiar with the language
There is really not one formula to do this, the best advice is to just take initiative and immerse yourself into the subject while taking the time to search for the meaning of unknown terms when you come across them. Taking on a course can also help you a lot in getting familiar with the finance lingo. Some of the main concepts you will learn about will be: how to measure profitability, EBITDA, operating income, revenue and operating expenses. 

Don’t fear!
Don’t avoid finance just because you don’t feel you’re good at math or you find it boring. It’s not as complex as it seems at first and it is truly necessary to keep score on your business and measure your progress. Most finance operations are mathematically not that complex.

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