Secure bitcoin trading
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Secure bitcoin tradingOnline Safe and Secure Bitcoin Trading Opportunities for Investors - Internet Tablet Talk
This will enable any Windows application to access GPG. It is possible that some other software on your system has installed GPG before. If you think this may be the case, it is advised to use the search tool or command prompt to find or run GPG respectively. Once you have GPG installed on your system, it is recommended that you use Thunderbird that works on both Windows and Linux systems:. You should backup your private key in a secure place.
Secondary, you should create a revocation certificate and store that in a different secure place maybe print it out and store it in your fire safe. Use a strong and different password for each of these places, keeping your passwords in a secure place.
This will allow other people in the community to track you across the different Bitcoin related sites. Also making identity theft online more challenging. Trading can benefit from an escrow service such that bitcoins are help by a third party and disbursed only after contract terms have been met. Individuals willing to act as independent escrow brokers can be found in bitcoin's community.
Use of 2-of-3 multisignature escrow eliminates the risk of the arbitrator stealing the held coins, or losing them to malware or hackers. This allows either party to go public if the trade has become sour and stops your trading partner from claiming the details of the agreement were somehow different. Using a service such as Bitcoin OTC or CoinTouch , you can find friends of friends that trade crypto currency, and trade with them directly.
Remember to verify the counterparty using more than one means of contact e. Facebook message and phone call. One can have more confidence trading with a user that has many good ratings. Search the Bitcoin Forum for the username of the person that you are trading with. Check if the user has provided constructive and useful advice to other parties. And, most importantly, check for any claims that the user has scammed.
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