Terms of trade with CoinsTradingCo
Please note that this ad is not for Zelle transfers, but is for same-day USA domestic wire transfers only. We do not do any Zelle transfers from any bank, and also do not do intra-bank transfers (from BOA to BOA, Chase to Chase, etc...). Please read the terms of trade.
If this ad is live then we are open for business!
We do ID verification on all customers the first time you open a trade with us. The requirements for ID verification are:
• Clear picture of your ID
• Clear selfie ID picture (You holding your ID near your face)
• Phone number – we may or may not call you with further questions.
After your first trade we will not need to do ID verification again unless there has been a major change to your LocalBitcoins account.
Please note that the maximum trade we can do for first time traders is 1.5 BTC. After a successful transaction we have much higher limits.
We immediately release Bitcoin if these instructions are followed:
1) Open a trade for the amount of Bitcoin you would like. If this is your first trade with us you will need to go through the above ID verification steps. Please don’t open a trade with us if you cannot make a wire transfer within the next 2 hours.
2) If ID is verified then we will send you the bank details required for a wire transfer.
3) Go to your bank and make a wire transfer to the exact name & account provided. Please do not put any notes or reference numbers in except those we provide. The account that the wire transfer is made from must match your name. Make sure to get a receipt.
4) When transaction is finished please take a picture of the wire transfer receipt and send it to us. Bank account must be in your name. We may call the banker to confirm details if receipt is not clear.
5) Wait until wire transfer hits our bank account. This can take anywhere from 15 minutes (for a national bank with automated processes) to a few hours (local credit unions who do everything by hand).
6) Get Bitcoin!
IMPORTANT: If you reside in, bank in, or have ID issued by New York or Washington State we cannot do business with you.
SCAMMERS and THIEVES: We do not support criminal activity or scams of ANY kind. We check authenticity of and verify every trader’s ID on the first trade. We comply with all local and national regulations. Fake ID’s or suspicious activity of any kind will cause trade to be closed, and criminal activity will be reported to the proper authorities.