Hi guys,
My first post here. I've notived a few retail stores in Toronto which pretty much buy/sell your bitcoin in person. Charging a 5% rate.
Has anyone had any experience with these types on in person exchanges? From a business perspective are they lucrative? It's an interesting business model as you can also teach crypto in your community. However, I am unsure of the safety of random people walking in your store...
Any input would be appreciated, i would consider such a venture as long as it falls in legal terms.
I really would not recommend anyone to buy Bitcoin person to person, it lends itself to many things, the person may be good and have no bad intentions, but if it is personally, I would recommend someone you know so you could establish a better bond and Above all trustworthy, for Bitcoin many people can be in danger, it is something that I do not recommend, unless it is here in the forum with someone who has a good reputation and only then would I have a little more confidence, otherwise it is better to buy under exchanges, or other ways that do not involve seeing someone else, remember, it is a lot of money and that is something very delicate.