# \[SOLVED\] How to become an bitcoin exchange Vendor

**URL:** <https://onehack.st/t/solved-how-to-become-an-bitcoin-exchange-vendor/75412>\
**Category:** Tutorials & Methods\
**Tags:** solved, business, trading\
**Created:** [March 27, 2020, 6:56am UTC](https://onehack.st/t/solved-how-to-become-an-bitcoin-exchange-vendor/75412 "2020-03-27T06:56:45Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![Ze380y](https://onehack.st/user_avatar/onehack.st/ze380y/32/48760_2.png) [@Ze380y](https://onehack.st/u/Ze380y)\
**Post date:** [March 28, 2020, 8:47pm UTC](https://onehack.st/t/solved-how-to-become-an-bitcoin-exchange-vendor/75412/2 "2020-03-28T20:47:56Z")

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You can enter any payment information relating to how the buyer should pay;

This can be your bank account number or e-mail address (For, e.g. PayPal).

- You will receive payment directly into your bank because you have to give the buyer your personal bank details,

- there is no such middle-man thing to control your money in between,

- also, for the gift card, there are many ways you can make use of the gift cards that you have got from your buyers…

> **[3 Ways to Turn Gift Cards Into Cash - wikiHow](https://www.wikihow.com/Turn-Gift-Cards-Into-Cash)**
>
> A gift card is a great gift for those who are difficult to shop for. Sometimes, however, cash is much preferred over a gift card. Luckily, there are several things you can do to turn your card into cash. You can sell your gift card, trade...

## Check this below guide, if you want to sell on localbitcoins.

- [https://localbitcoins.com/guides/how-to-sell-bitcoins](https://localbitcoins.com/guides/how-to-sell-bitcoins)

* * *

If you are thinking of selling Bitcoins, you should know that the process is a bit more complex than buying them. Still, it’s far from being overly complicated. There are two basic ways to do that¬— **online** and **offline**.

### **Selling Bitcoin Online**

Selling Bitcoins online is the most popular method, and it includes three different solutions:

**1)** Direct trade.  
**2)** Online exchange.  
**3)** Peer-to-peer marketplaces.

> **[How To Sell Bitcoin Safely | Total Bitcoin](https://totalbitcoin.org/how-to-sell-bitcoin-safely/)**
>
> Since its beginnings, Bitcoin has made a revolution and has worked slowly but surely towards becoming a real-world currency. And it seems like it’s on the right track—at the time of writing this article, Bitcoin is exceeding the price of $17,000....

Unfortunately, solely recognizing and making use of this payment method will not be enough. As a vendor, you will also need to advertise this new payment method to your customers in order to reap all the benefits.

> **[How to Advertise That You Accept Bitcoin Payments | Total Bitcoin](https://totalbitcoin.org/advertise-that-you-accept-bitcoin-payments/)**
>
> With the advancement of technology, especially in the field of cryptocurrencies, businesses worldwide are discovering that developing and employing a Bitcoin strategy has started to pay off.  Accepting Bitcoin payments opens up a wide range of...

Gift cards are the way the unbanked gets bitcoin and enters the #p2pfinance economy but they also have some serious issues.

1. Fraud from the Sellers of Gift Cards
2. Long Dispute Times
3. Impossible Disputes
4. Vendors Ripping Codes

[https://medium.com/the-paxful-blog/an-apology-to-paxful-customers-the-itunes-dispute-dilemma-90cc5c78a9f6](https://medium.com/the-paxful-blog/an-apology-to-paxful-customers-the-itunes-dispute-dilemma-90cc5c78a9f6)

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