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.
- Yes, it's a good business dude, that's why you would go through a retail store outlet when you can buy Bitcoin at local exchanges or centralized exchanges here in cryptocurrency.
Instead of saving you from the discount, you will only be charged more. I hope you understand what I'm telling you. Then it seems that there is even more risk unless the person you are buying is someone you know or is close to you. Maybe, later on, you will be able to handle the bitcoin transaction from person to person.