Services such as LocalBitcoins.com are seeking to create a P2P market, where those interested in buying or selling digital currencies can do so from other people. Most of these services are based on guarantee and transparent pricing, and therefore, questions of trust are essentially non-existent.
LocalBitcoins.com acts as an intermediary between buyer and seller. The parties to the Convention can choose how they would like to meet and how they wish to transfer the funds involved. From personal meetings where money is exchanged in cash and digital coins to gift cards, Western Union and other means, everything is possible.
Prepaid Cards
Bitcoin prepaid cards or debit cards have been around for some time. Many believe that this is one of the best ways to change their digital currency to cash, given the wide variety of benefits they offer. Based on this, Bitcoin prepaid cards are normal cards normally issued by Visa or MasterCard that can be financed through BTC or other currencies.
While the process of obtaining your card takes a little longer than the exchange of the Betquin or local exchange services, it offers many advantages, such as the possibility of paying in any POS system, charging for ATMs across the country. World, and instant conversion from BTC to Fiat such as USD / EUR / GBP and more. Other advantages include low commissions, free connectivity, slide and PIN support, transparent rates and more.
It is important to note that prepaid Bitcoin cards are only accepted in certain countries and if the provider does not accept the local currency of their country.Bitcoin To Bank Live Conversion Fast Cash Out and Withdrawal
