Quote (chelsea11 @ Dec 2 2017 11:33pm)
Coinbase allows Canadians to purchase, but not to sell. Wouldn't this be a big problem for Canadian users?
Well that's strange. I thought Canadians could do both things. I couldn't help you confirm this because here where I live in not allowed to buy nor sell in coinbase.
I use localbitcoins.com, which can be used anywhere in the world by anyone. Its directly between people.
Steps when you want to buy: 1) The seller puts his bitcoins into an escrow (he provides you with his bank account number or email) either in the private chat or in the description.
2) Then you transfer him (you can print screen the transfer and attach the image and send it to him, this is optional)
3) Click on "Paid" button (I recommend you click on "Paid" as soon as you transfer him).
4) Then he checks his account to confirm that he received the payment and then releases the bitcoins from the escrow (and goes to your localbitcoins wallet).
Done.
Important note: Make sure the seller puts his bitcoins into the escrow first before sending the transfer. As soon as you see the "Paid" option available that means the bitcoins are in the escrow.
Now, the steps if you decide to sell: it's basically the same steps.
To buy or sell, there are lists of users selling or buying, their rate and how much they are willing to buy or sell. You can choose the users from the list or just open your trade offer (whether you want to sell or buy). It's really easy and fast when you get used to it.