The New York Case Study
Choose from over 20 different popular ways to buy and sell Bitcoin.
Paypal, Cash, Amazon Gift Card, Western Union, Walmart Gift Card, Google Wallet, & More.
LocalBitcoins.com wallet and bitcoin transfers
Transfer fee is usually 0.0001-0.0004 BTC per outgoing transfer, but sometimes it can be a more or less because of the non-deterministic nature of generated bitcoin transactions.
Note if you don’t leave enough bitcoins for the fee in your wallet, the transfer can be in pending status for longer.
Use the calculator to get a rough estimate of the exchange rates.
*Calculation of prices is constantly changing.
Bitcoin businesses are leaving New York state due to the BitLicense. This makes digital currency services and bitcoin exchanges illegal unless you have a license. Since most of the BitLicense rules and regulations are not favorable for business, including unnecessary fees while gathering and sharing customer data, many easy to use services and great trading exchanges are not going to be offered in this state.
Peer-to-peer trading of Bitcoins is something that does not fall under the Bitlicense rules and regulations and is one of the few ways to buy and sell Bitcoin in New York. Click Get Started and begin trading with other people in one of the safest and oldest names in Bitcoin trading. No banks or customer info needed or shared. Use Paypal, Amazon Gift Cards, Cash, Western Union, Google Wallet or 20 other buying and selling options. Welcome to the future of economics.
Million New York Residents Affected
US State Affected by Bitlicense
Buying Bitcoin Peer-to-Peer is easy?
Use any device and trade Peer-to-peer with anyone?
On LocalBitcoins.com you are dealing with humans. Unlike centralized, stock-exchange-like, bitcoin trading sites, you make a trade directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your bitcoins instantly.
Users post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly.