How to Buy Bitcoin Directly from Verified Sellers? (4 Simple Steps)

[Shiftal]

Until a few years ago, buying bitcoin or any other cryptocurrency was not so easy. The number of exchanges or websites selling bitcoins was limited. Moreover, you were not allowed to buy cryptos in many countries. But, things have changed now. Today, there are hundreds of places to buy bitcoin from. Yes, literally hundreds of exchanges today sell bitcoin and other cryptocurrencies. But, only a few of them are P2P exchanges. How to buy bitcoin directly from verified sellers on such a P2P exchange platform?

What’s a P2P exchange?

A P2P crypto exchange is a platform that lets you buy/sell cryptocurrencies directly from/to another person without needing to go through a middleman or broker. This speeds up the buying process and reduces unnecessary charges.

So, if you are looking for the best way to buy bitcoin directly from other bitcoin users, a P2P exchange is usually the best and most affordable option.

Now, the question is how to find a reliable & secure P2P exchange for cryptocurrencies.

The best way to find a suitable P2P crypto exchange is through research. You can use Google and other online resources to research & find the best P2P platform to buy bitcoins.

A P2P exchange must be very secure. For example, the Shiftal exchange, which is a P2P crypto exchange for BTC and ETH, employs multiple cutting-edge security mechanisms, including encryption and multi-layer protection on its platform. The exchange allows its users to buy/sell bitcoin and ETH in 220 countries and supports 70+ payment methods, including bank transfer and UPI.

Basically, Shiftal is a type of escrow platform for cryptocurrencies. Buyer or sellers can join the platform to connect and trade directly with each other. It comes with a user-friendly interface and has been regulated by authorities to offer crypto services.

If you are wondering how to buy bitcoins directly from verified sellers on Shiftal, here we explain the complete, step-by-step process.

Hassle-Free Buy Bitcoins directly in 4 Simple Steps

1. Register

Visit the Shiftal website and click on the “Sign up free” button to register on the platform.

Verify your account and then log-in to the website to start trading.

2. Choose your location and desired payment method.

Make sure to choose your location and desired payment method to see only the ads available in your location.

On the homepage, you can see ads both for buy order and sell order. To buy bitcoins, select a buy order ad that best fits your price expectations. Click on the buy button to proceed to buy. You’ll be redirected to the trade page. Here you can enter the number of BTC you wish to buy and click on the “Send Trade Request” button to inform the seller about your request.

Note: Read the buyer terms & tips carefully to avoid fraudsters.

3. Create a new trading advertisement or choose an existing one

Alternatively or if you could not find the right ad, you can create a new trade advertisement mentioning your specific conditions.

To create a new trade ad, click on the “Post Trade” option in the top menu. Read advertisement rules & requirements properly and start creating.

Select ‘Buy’ in the trade type. Select Bitcoin in coin type and then select your country from the list. Select the preferred currency for trade. Next, select the preferred payment method from the available options. You can see here many popular payment options like Google Pay, IMPS, Credit card, PayPal, PayTM, and others. In the next tab, enter the margin you want over the market price of bitcoin. Now, select the minimum & maximum transaction limits in respective tabs. Enter a payment window time in minutes, opening hours, etc.

Mention Terms of Trade, if any, in the given textbox. Select preferred options from Security Options.

Click on the “publish Advertisement” button when you are ready to post your trade ad. If all the information provided by you is correct, the ad will be posted on the website.

4. Complete the trade

You can track the ad and trade request from your Shiftal dashboard. A user looking to sell bitcoins if interest in your ad will contact you directly to complete the trade.

Once the trade is confirmed by both parties, you can send the payment directly to the seller as per their preferred payment option. Once the payment is confirmed, Shiftal will automatically release the coins, which will be credited to your wallet.

All users, buyers & sellers on the Shiftal platform are verified and 100% genuine. The platform required users to verify their KYC in order to trade, which ensures that the person you are trading with is a real person and not a bot. That makes Shiftal the best way to buy Bitcoin directly from verified sellers at a low transaction cost.