Quote from: trollteam on May 02, 2015, 11:29:06 PM

Quote from: Victor Beckham on May 02, 2015, 11:25:43 PM

Quote from: trollteam on May 02, 2015, 11:23:19 PM

Quote from: Victor Beckham on May 02, 2015, 11:18:29 PM

Quote from: trollteam on May 02, 2015, 11:16:54 PM

Quote from: Victor Beckham on May 02, 2015, 11:16:07 PM

U can easily sell bitcoins without any paperwork on LocalBitcoins or www.100bit.co.in.

That is fine. But, if you wanted not to meet in person . I get there might be competition.

You can sell online through both. No requirement to meet in person.

Ah ok. Fair enough. I figured there might be some competition that is fine. How does local bitcoin make money ?

Both LocalBitcoins & 100bit.co.in makes money through commission. LocalBitcoins is an established players and spends huge on advertisement. Hence their trading fees are normally higher than 100bit.co.in. On 100bit.co.in, tradin fee is 0.1% of the trade amount.

Ah I see Victor. Thanks for that information. So they are equivalent in commission to say an exchange I take it ?

yeah

but some users on local bitcoin, are charging more then the market price, like +5%, better to find an exchange that don't require id under a certain amount, there are plenty of those