21 Jun '13, 4pm

In-Person Bitcoin Exchanges Are Thriving, writes @jonmatonis in latest @BankThink post #Bitcoin

In-Person Bitcoin Exchanges Are Thriving, writes @jonmatonis in latest @BankThink post #Bitcoin

Print Email Reprints Comment Tweet Call it a sign of the times, but something is definitely changing as face-to-face purchases of bitcoin are booming worldwide. In addition to avoiding a sometimes cumbersome registration process with traditional exchangers, in-person bitcoin transactions allow you to meet interesting new people in your area – and discuss bitcoin. Business colleagues and friends usually ask me the best way to buy and sell bitcoin. With the constantly changing regulatory landscape and the inconsistency of available payment methods , there is not always a straightforward answer. For the serious traders, I recommend both a U.S.-based exchange and an international exchange for diversification. Many choices are available with varying degrees of identification required. For the casual traders seeking more privacy, I recommend in-person trading through LocalBitcoi...

Full article: http://www.americanbanker.com/bankthink/in-person-bitcoin...

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