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Unless you use an exchange. The best way to handle payments would be direct transfer from one personal wallet to another. No exchange necessary. No red tape. Bu
by daveguy 4y ago
Unless you use an exchange. The best way to handle payments would be direct transfer from one personal wallet to another. No exchange necessary. No red tape. Buying the Bitcoin with fiat so you can put it in your own wallet for direct transfers is the problem. You generally need a centralized exchange for that. Also, the person you transfer btc to will generally need a centralized exchange so they can convert to fiat and actually use the btc. The whole ecosystem is a mess for people who just want to use it as a way to transfer funds.
- la_fayette 4y agoHm, there is https://localbitcoins.com/ https://localbitcoins.com/ or https://coinatmradar.com/ https://coinatmradar.com/. It is way cheaper than moneygram or similar services, just check out the options... from where to where do you want to transfer? You would even find people on meetups which would help.
- daveguy 4y agoInteresting. I didn't realize Bitcoin atms were so prevalent.