LOCAL BITCOINS TRADE
How to buy and sell bitcoins to make profit
Bitcoins,apart from being used as a digital currency can also be used as products on the market since its price varies from different organizations.Therefore you can buy them at the low price and sell them at a higher price therefore making profit.This mechanism works well in Kenya especially when considering that paypal which is a mehhod of payment allows Kenyans to transfer their funds directly from paypal to mpesa which is one of the popular and method of mobile money transfer in Kenya.However this doesn't hinder other nations from persuing this trade for there are many ways you can withdraw your funds from paypal.Check on the procedure to carry out the trade;
You will have to buy bitcoins from Local bitcoin site then exchange them at a high exchange rate to get a profit. For instance those who are from Kenya you will Buy through mpesa and you will have to exchange them into dollars of which your dollars will be sent to paypal then you will withdraw to mpesa as shown below:
=First create your PayPal account here PayPal account
=Second create your local bitcoin account here Local bitcoin account
=Third create change high account here Change high account
=Lastly create paypal mobile money transfer or can simply link your card or use any way that is accepted in your country. At this case in Kenya you will use PayPal mpesa. Click here to link your PayPal account to Mpesa Paypal mpesa
Make sure you enter the required valid details.You should be more than careful when Creating your PayPal account, with exact details as on your ID.
- Log into your local bitcoin account and click on the menu(the button on the upper right hand side of your phone?)then select buy bitcoins
- In the table that will appear, in the first column enter amount of money you have, next select the type of currency then the country.choose the method you will use to pay for those in Kenya select Mpesa Safaricom Then click on search.
- On the table below choose the best seller.consider The price per bitcoin therefore you choose the cheapest since you want to make profit. Seller are arranged from the cheapest to the most expensive.You should also check the price limit your money should not be less than the price of limit. This mostly displayed at the left side of the table.
- You will be taken to the next page where you will have to write a message to request the number if at all you want to sent through mobile transfer like mpesa.Then click on send trade request
- On the next page you will be given a field to communicate with the buyer. He will send the number and you will send your money.click I have paid button to confirm that you have paid. Your bitcoins will be released in a shortest time possible.
- Log into your change high account after receiving bitcoins. Make sure you change the type of currency to btc.Get back to your local bitcoin account and select Your Wallet. Copy the last figure of the amount of bitcoins sendable.
- Get back to change high and paste the copied bitcoins. Enter your PayPal email address then proceed. You will be given a bitcoin wallet address just copied and get back to your local bitcoin account Wallet.
- Paste the copied bitcoin wallet account address to the receiving address space.
- Copy and paste to the amount of bitcoins space the amount of bitcoins You previously copy-pasted to changehigh. Enter your name at the description space. Click to continue to the next page. You will be asked to enter your localbitcoin account.password then send the bitcoins.
- Your money will be sent to your PayPal account in less than 16 hours. You will be informed via email when your money is ready on your PayPal account. You can withdraw your money into your card or withdraw to mpesa using the PayPal mobile money transfer for those Who are in Kenya.
PROVES
This the message showing the amount of money I send to the seller of bitcoins on 4th of April 2019
After sending the bitcoins to change high, I received 40.47$ as shown on in the screen shot in the following day.The the second value of the amount of dollars shows the amount that was made available in paypal and deduction of transaction fee.
The first shows the amount I transferred to mpesa. And I received the email shown below
This is an email showing authorisation of Mobile money transfer.
This is the message I received from Safaricom after transferring the funds
After two hours I received the exact amount I was promised.
Now Mpesa confirmed to Me that I have received my money.
From this evidence you can see the I have got a profit of 775Ksh by using 3k .
But the more capital you use is the more profit you make.
Watch the video to understand better.
Buyimg bitcoins in local bitcoin takes only 3 to five minutes though the maximum time given is approximately 1 hour.If the seller takes long to send the number or payment details you better cancel the trade then choose another seller.Change high takes a maximum of 16 hours to complete your transaction if it takes more than that please contact them immediately.You should make sure you sent them your transaction id.Click here to get your transaction id taxi id .The withdrawal from paypal to mpesa takes 2 hours.To get local Bitcoin transaction id click here Local bitcoins transaction idNow if you see your profit reduce to almost half, Kindly copy this link http://bit.ly/2UihDAf and paste in a different browser which you have not used to create change high account before. Make sure you use a new email address to create the new account. Or you will have to clear you browsing data if you don't use a new browser.
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