How to Post a Buy Trade Ad
Peer-to-peer trading on BuyCoins is a platform where users can to buy or sell Bitcoin amongst each other. Trading Peer-to-peer on BuyCoins is secure and instant. This is because we provide escrow services; meaning that we hold the Bitcoin intended for sale until after the buyer has made payment.
Step 1: Go to the Post a Trade Ad page
Click the hamburger menu and select 'Post a Trade Ad'.
Step 2: Create a buy trade ad
To post a buy trade, select the ‘Buy BTC’ option on the 'Post a Trade Ad' page and set your price per BTC. If you would like to set a dynamic price, you can find out how to do that here.
Step 3: Set your buy trade ad preferences
From the 'Post a Trade Ad' page, set your trade ad preferences by selecting the price per unit of BTC you are willing to buy, and the minimum and maximum amounts you’re willing to buy. You can set your preferred price according to your needs and how quickly you want to buy.
Step 4: Confirm Trade ad
After confirming your amount and the Minimum and Maximum trade limits, click on 'Review Details'. After clicking on 'Review Details', you will be taken to a 'Confirm Trade Ad' page where you go through the details of your buy trade ad and confirm that the details are correct. Click ‘Post Buy Trade Ad’ after you're satisfied with the information displayed.
Please note that we do not escrow your Naira. When someone attempts to sell to you, the Naira will be automatically debited from your account. If you do not have enough Naira, you would need to deposit money into your Naira Account to complete the trade. You have only 10 minutes to make this deposit before the trade expires.
After clicking on 'Post Buy Trade Ad', you then see a summary page of your trade ad.
After successfully posting a buy trade, the trade becomes active. However, there are two states your trade ad can be in.
- Active: This means that your trade ad is visible to everyone.
- Inactive: This means your trade ad won't be visible to anyone but you.