(8) Buy & Sell Bitcoins Directly With Retailers
It is one of the most complicated methods to purchase Bitcoins without any broker. Bitcoin is the fastest growing digital currency in the world. Its acceptance in the business community is increasing day-by-day.
Due to increasing popularity, you can come across a number of retailers who are accepting Bitcoins for providing their products & services. These types of retailers often display a board or sticker stating “Bitcoin Accepted Here” near their counter.
You can perhaps buy some Bitcoins from them. Additionally, you can also sell your Bitcoins to them in exchange for products & services they are offering.
This will be a great way to accumulate & even trade Bitcoins to generate profits. However, you need to remain cautious in every transaction to be performed with a retailer. This is particularly needed when dealing with an unknown retailer.
(9) Trade Bitcoins On Ebay & Similar Auction Sites
It is one of the most cost-effective methods to purchase Bitcoins without any broker. Internet is never devoid of auction sites that offers a number of products & services for the customers. These sites are a good way to find products & services online right from your own house.
Some of the most popular auction sites to trade Bitcoin include Ebay, Amazon, Flipkart, Snapdeal, & many more.
These sites provide an easy way to buy & accumulate Bitcoins directly from sellers on the sites. However, you have to keep in mind that due to the possibility for chargebacks & fraud with such sites, Bitcoin & various other cryptocurrncies may trade at a premium as compared to spot price.
- Buy, Trade And Invest In Bitcoins: Shutterstock