Buy bitcoins using Cash by mail with US Dollar (USD)

LocalBitcoins.com user Rishodi wishes to sell bitcoins to you.

Price:

6,881.46 USD / BTC

Payment method:

Cash by mail

User:
Rishodi

(feedback score 100 %, see feedback)

Trade limits:

100 - 1,720 USD

Location:
Payment window:
12 hours

How much you wish to buy?

USD
BTC

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Read the the terms of the trade and make sure you can comply with them. Use this form to send in a trade request with the sum you wish to trade. After opening the trade request it is possible to discuss with the trader in LocalBitcoins.com messaging system.

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For more information see quick buy guide.

After sending the trade request you get the payment details.

Trader may not publish the payment details directly and asks you to contact to get the exact account name needed for the payment. In this case, send a LocalBitcoins.com message to the the trader and ask for the further details.

When buying bitcoins online, the payment window is 90 minutes, but this may vary depending on the payment method and the terms of the trade.

If you need help on how to make the payment use LocalBitcoins.com messaging to discuss with the trader how to make the payment.

You can cancel the trade before making the payment. You find open trades under Dashboard in your user profile.

Terms of trade with Rishodi

This listing is open to residents of the United States, except residents of the state of New York, who want to purchase bitcoins with cash US dollars sent in the mail. Please read these instructions in their entirety before initiating a trade request.


=================== PAYMENT INSTRUCTIONS ===================
Package your cash USD securely in an plain or padded envelope. Bills of any denomination are acceptable. If you opened a trade request that includes a fractional dollar amount, you must round up to the nearest dollar. Do not mail coins.

If the envelope you use is partially transparent, like a plain white envelope, wrap the cash in sheets of letter-sized paper to disguise the contents of the envelope. Include a slip of paper with "LocalBitcoins" written on it, along with your username or the trade reference number so that your payment may be easily identified.

For clarity, a computer-printed address label is preferred to a handwritten one. Mail the envelope using USPS. Tracking is required. You may use First Class Mail, Priority Mail, or Priority Mail Express. It is recommended that you use a First Class or Priority Mail envelope with USPS Tracking.

You are expected to mail the package and provide tracking information the same day that you place the request. If you are unable to mail the payment on the same day that you opened the request, you will be asked to cancel the request and open a new one at a later time, when you are able to mail the payment on the same day. If you are unable to provide tracking information, you will be asked to cancel the trade request.


=================== PAYMENT VERIFICATION ===================
The buyer's payment will be picked up within 12 hours of the delivery time, as reported by the USPS tracking system. In some rare cases, prior notice may be given that pickup will be delayed.

All bills will be counted and checked by a business-grade cash counting and counterfeit detection machine. Opening the buyer's package and counting the cash will be recorded on video. This video will be deleted after the transaction is complete. If there is any discrepancy between the amount of the trade request and the amount received by the seller, the seller will require the buyer to cancel the active request and to open a new trade request for the amount received.


===================== FRAUD PREVENTION =====================
Packages containing any form of payment other than cash, such as checks or money orders, will be rejected and returned to sender. Buyers who send any form of payment other than cash will be blocked.

All bills will be counted and checked by a business-grade cash counting and counterfeit detection machine. Buyers who send counterfeit bills will be blocked and reported.


=================== EXCHANGE VOLATILITY ====================
Beginning January 1, 2017, LocalBitcoins policy stipulates that all cash in mail trades will be executed at the exchange rate at the time the trade was opened. If the exchange rate increases while the payment is in transit, the gain will go to the buyer. However, be advised that if the exchange rate decreases while the payment is in transit, the loss will also go to the buyer.

If the buyer wishes to arrange a floating-rate trade, as was common prior to the LocalBitcoins rule change, please contact me directly. Floating-rate trades must be conducted outside of the LocalBitcoins escrow system in order to comply with the new policy.


======================= RISK OF LOSS =======================
There is a risk that cash in the mail may be lost or stolen. By requesting a trade, the buyer agrees to assume all risk of loss or theft. The best way to minimize this risk is by packaging the cash discreetly and using USPS Tracking.

Opening hours

  • Sun: closed
  • Mon: 07:30 - 20:30
  • Tue: 07:30 - 20:30
  • Wed: 07:30 - 20:30
  • Thu: 07:30 - 20:30
  • Fri: 07:30 - 20:30
  • Sat: 07:30 - 19:30
Timezone: US/Eastern

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