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Instead it acts as a network of users, which you can join by downloading the Bitsquare software. The Bitcoin are held in escrow by the exchange. As banks are more aggressively acting against Bitcoin companies, trading bitcoin in person has become more popular again in Hong Kong recently. Unfortunately Bitcoin still does not have the legal status in Hong Kong that it deserves, and banks are reluctant to deal with companies and individuals associated with Bitcoin. There are currently four exchanges with local Hong Kong bank accounts. Localbitcoins Localbitcoins is a peer-to-peer exchange managed from Finland. Especially online and in international transfers the instantaneous and near-free Bitcoin transactions are far superior to other means. If you have a business, you can consider accepting Bitcoin as a form of payment. Bisq Bisq formerly Bitsquare is not a company, and is not run by anybody. Compared with selling Bitcoin, there is little fraud risk associated with buying.
We recommend you to withdraw your coins quickly after your purchase to a wallet you control, and never keep any funds on an exchange for a longer time. It only accepts USD deposits and trading. This software might be experimental at times, but shows promise in leading the way to a truly decentralized future. Some OTC exchanges see below also deal with cash deposits and withdrawals. You may also browse coinatmradar. Overseas Exchanges Some exchanges overseas serve the Hong Kong market. Tidebit Tidebit is the newest of Hong Kong Bitcoin exchanges. If you have a business, you can consider accepting Bitcoin as a form of payment. A broker will give you a quick quote for a single trade, usually upwards of 50 BTC. Instead, buyers and sellers interact how to create bitcoin node mining bitcoins on a macbook pro with each other when transfering money. In this environment it is easy for scammers to attempt to defraud you of your Dollars or Bitcoin in certain kinds of transactions. Bitstamp Bitstamp is a cryptocurrency exchange based in Slovenia.
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