Attracting BCH Traders And Investors Through Appealing Offers At Local.bitcoin.com

This article is meant to establish good atmosphere and create an enabling environment for a smooth BCH trading on local.bitcoin.com.

I'm not going to start from the scratch; showing you how to create account on local.bitcoin.com, maybe we can do that later. But bear in mind that creating account on local.bitcoin.com is a very easy and smooth ride.

Before I switch gear on the axis of my topic, I'll love to remind us that local.bitcoin.com still stands as one of the best tools, exclusive for BCH exchange around the globe.

Local.bitcoin.com is a simple, transparent, secured and private platform to buy and sell Bitcoin Cash

Consider Local.bitcoin.com if you are interested in:

SPEED

Simply sign up to start trading Bitcoin Cash (BCH) instantly with both local and global users

Privacy

Trade on a fully private platform. They’ll never ask you to share personal details with them.

Security

"Buy and sell with total confidence since every trade is protected by our encrypted blind escrow".

Simplicity

It has this friendly P2P approach that allows each countries to trade locally with their fiat money and other numerous payment methods.

Supports ANY payment method

"Unlike many exchanges with limited base pairs and currency options, Bitcoin.com Local can create a trade with any payment method. You can even open a trade for items or services"!

Fully non-custodial

They don’t ever store the coins you buy or sell. Instead, their encrypted blind escrow contract acts as the decentralized go-between for your trades. This means more control and less risk for your coins. Unlike other exchanges that will takes custody of your coins,exposing you to theft, cyber crime, hack attack etc. as they say, “if you do not have the keys, it's not your coin”.

Setting Trading Ground Aright

One thing that promotes business and create good trade traffic is when both vendors and customers start to get value for their trade, and this can be achieved by creating an a balanced and attractive offers in the market that favors both the buyer and the seller. I found some unpleasant offers by traders on local.bitcoin.com which may scare BCH investors and buyers away from the site if they continue to encounter such.

We carried out some analysis and experiment to find out if the unfriendly offers was caused by the site mechanism or from traders who are yet to understand the sheer dynamics of good trading approach. At the end, we found out that the amateur offers were coming from some traders that might need orientation. I'll attempt addressing it here.

Looking at the offers above, I found some total dismissable offers which should be discouraged if we want investors and traders to consider trading BCH at local.bitcoin.com especially from Africa cum Nigeria; location where most of this ill offers were found (I filtered only Nigeria, such could be found if traced in other locations)

The first offer from top is mine, it is reasonable and also consistent with the third, fourth and fifth offers in the line. But the second and the sixth is weird and discouraging to me. Though each person is entitled to his or her margin percentage, but some decisions could be rather uncalled for.

I considered it as maybe we need to give more orientation to best practices in trading BCH especially in Africa and Nigeria which are among the crypto trading giants of the world.

Now that there is a fresh BCH awakening in Nigeria and Africa through the realities of BCH potentials donning on us, therefore, we should prepare the masses on the best way to maximize these potentials, down to best trading practices.

Follow these simple steps to create some friendly BCH offers on local.bitcoin.com

To create a trade offer; both for buying or selling BCH on the site, please click on the New Offer button like shown in the picture above.

Use the drop-down arrow to chose between buying and selling offers.

In my illustration, I choose Sell BCH for fiat money. Set your location to easily identify with people who deals with same fiat money as you, from here you can create a strong BCH trading community around your country, state and city. Click Next to set your preferred payment methods.

Now choose your payment method. The beauty of local.bitcoin.com is that they offer and allows you to choose multiple payment methods on an offer. Click on Next to set a friendly rate that will attract buyers or sellers to your offer/s.

You have two ways to set you rate, I personally like the Dynamic market price considering its simplicity. In it you just need to set your margin percentage (%)

The second option which is Custom Equation is also very unique but a bit complex.

Confirming you price after setting your percentage margin will allow you to preview what your gain should look like after a successful trading.

You can put any brief headline for your offer which your patronizers will see.

After choosing people that can open trade with you which in my illustration, I choose users with verified phone numbers at local.bitcoin.com. It is more secure to choose that or allow anyone to open a trade with you, it is all about choice.

the last button to hit is the Confirm Detail button which will activate your offer. At the end of the set up, your offer should look like mine above. The one with red arrow is the last offer which is the result of my illustrations here. remember that you can set as many offer as you want, you can also edit, delete, and pause offers at will.

Now that your offer is ready, expect a trade notification from local.bitcoin.com any time soon. These notifications can be of email type, text message type, it all depends on your preferred method of receiving notification.

I hope you are enlightened on how to set your offers at local.bitcoin.com for fast and easy smooth trading experience.

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Lets together bless our world with the unprecedented potentials and uniqueness of Bitcoin Cash (BCH)