Buying, storing and trading bitcoin peer-to-peer (P2P) is incredibly popular in Latin America and we are thrilled to be working with Airtm to increase accessibility to cryptocurrency within the region. Both LocalCoinSwap and Airtm have a similar vision that focuses on ensuring that everyone, anywhere around the world has access to buy and sell cryptocurrencies, such as bitcoin and ethereum, fast, secure and private.
Now that we have added Airtm as our newest payment method, there are two different ways that you can buy bitcoin with Airtm. Firstly, you can search for sell advertisements posted by others selling bitcoin with Airtm. Alternatively, you can post your own advertisement on the marketplace letting others know that you want to buy bitcoin with Airtm. In this format, you become your own cryptocurrency exchange as you can then promote your advertisement on social media and in your unique cryptocurrency groups to both your local community and even to an international cryptocurrency audience.
In this tutorial, we will look at the second option, how you can post an advertisement letting others know that you want to buy bitcoin with Airtm on LocalCoinSwap…
So let’s get started…
STEP 1: Register or log in to your LocalCoinSwap account
Registering an account on LocalCoinSwap is fast, secure and private. Unlike most other P2P exchanges, there’s no KYC or unnecessary ID verification required to join. You also get a free, secure bitcoin wallet when you register a new account. If you already have an account, you can login to get started buying bitcoin.
STEP 2: Post an advertisement selling bitcoin with Airtm
Next, you can post an advertisement on the marketplace that will let others know that you want to buy bitcoin with Airtm at your preferred price and in your preferred location. When other users come to LocalCoinSwap they can then look for buy advertisements, such as your own, and can then sell you their bitcoin. To do this, you need to:
- Go to ‘Post A Trade’ in the main menu
- Select BUY or SELL. In this case, we would select BUY as we want to post an advertisement to buy bitcoin with Airtm.
- Select the cryptocurrency you want to buy. In this case, you would choose bitcoin
- Select the fiat currency that you would like to trade with. In this case, we will choose “Mexican Peso - MXN” but you can choose the local currency that is appropriate for you.
- Choose Airtm as the payment method that you want to use to buy your bitcoin
- Next, select the limits of your trade. The trade size limit lets bitcoin sellers know the minimum and maximum amount that you want to buy.
- Make a selection from the 3 options to set your price. In this case, choose “Market price” as this will let your advertisement increase with the value of bitcoin. Don’t forget to click the ‘Check price’ button to check the value that you will be letting others know that you want to buy in Mexican Peso - MXN.
- Finally, enter your terms and conditions for the trade. It is important to include as much information as necessary to remain transparent with the users as the more transparent you are, the more people will want to sell their bitcoin to you.
- Click ‘Publish trade’ and your trade will be published live onto the LocalCoinSwap P2P cryptocurrency exchange
Once your trade is published you can begin promoting it to your local community or to an international audience to attract bitcoin sellers.
STEP 3: Promote your advertisement to attract sellers
The final step is to promote your advertisement in order to attract sellers from all around the world to sell you their bitcoin at your preferred price using your preferred payment method, which in this case is Airtm.
To promote your advertisement we encourage you to promote it by creating a website that informs others that you want to buy bitcoin using Airtm, share it to your social media accounts such as Facebook, Twitter and Reddit as well as share it to any unique crypto groups that promote over-the-counter (OTC) trading and P2P finance such as Telegram groups and Facebook groups. You can share your unique URL to let others know that you are keen to buy bitcoin using Airtm at your preferred price.
That's it. You have now created your first P2P advertisement to buy bitcoin using Airtm peer-to-peer on LocalCoinSwap.Join us on LocalCoinSwap today and get started making money buying and selling Bitcoin within your local community and worldwide with established OTC cryptocurrency brokers!