ziex Posted August 22, 2016 Share Posted August 22, 2016 (edited) I haven't traded in Bit coins before, i m hoping to sell OSGP in exchange for bitcoins, instead of paypal. Paypal just takes a big cut from the people where i live and i loose a substantial amount of money while using paypal(almost 20%; including paypal and bank transaction fee). I have been told that using bitcoins would lower this cut, I want to know the additional risks involved in switching from paypal to bitcoin. No need to mention instability in bitcoin over long period of time; i m well aware of it. Appreciate any help on the matter. Thx { Feel free to move this post, i have no clue where should i ask this } edit:- highlighted the main question Edited August 23, 2016 by ziex Quote Link to comment Share on other sites More sharing options...
Realist Posted August 22, 2016 Share Posted August 22, 2016 where do you live? Quote Link to comment Share on other sites More sharing options...
ziex Posted August 23, 2016 Author Share Posted August 23, 2016 (edited) India Edited August 23, 2016 by ziex Quote Link to comment Share on other sites More sharing options...
Solution Posted August 23, 2016 Share Posted August 23, 2016 1) Get a bitcoin wallet2) Buy some bitcoin3) 4) profithttps://bitcoin.org/en/getting-started Quote Link to comment Share on other sites More sharing options...