Is it possible to trade without exchange?

[bhaiegoo 1517]

I think every member has their own opinion about this issue. Yes it is possible you can trade without crypto exchange but it is risky. 

You should learn more knowledge about exchange. I give my opinion as I know about this. 

[Yomose 3704]

17 hours ago, Ndayebo8 said:

Exchangers are very important in cryptocurrency when there is no exchanger I don't think there will be any coin that will have value or to be existing because there is no demand.

People demanding for coin makes the coin to have intrinsic value. The more people buy particular coin, the more the price of the coin will be increasing. You are right because the listing of a coin on exchanges helps people to easy know about the coin and buy. 

[Ndayebo8 0]

1 hour ago, Yomose said:

You are right because the listing of a coin on exchanges helps people to easy know about the coin and buy

More over the existence of an exchange cannot be possible without people exist or registering in the exchanger. When there is no people in the exchange cryptocurrency will be dumb and useless.

[Tigobhai 85]

It is possible but it is very risky.... In this situation sometime you loss you moeny because for buy and cell different currencies you use social media, telegram and other application... But i think it is better for you to use exchanger like yobit... 

[Ndayebo8 0]

On 8/21/2020 at 7:34 PM, Honny143 said:

but without exchange also we can do trading, and that is called peer 2 peer trading localbitcoin and paxful provide this service.

Yes exactly same to the presence of we people in the exchange bb without us there is no activities that will take place.

8 hours ago, Yomose said:

The more people buy particular coin, the more the price of the coin will be increasing. You are right because the listing of a coin on exchanges helps people to easy know about the coin and buy

When the coin get launched it gets value and attracts our attentions to start with investing or trading in that coin.

[Yomose 3704]

12 hours ago, Ndayebo8 said:

When the coin get launched it gets value and attracts our attentions to start with investing or trading in that coin.

The value of a coin is determined by its marketcap, if a coin is launched, it might only have the starting price which can be high, but the real value is the demands for the coin. If people do not demand for it, it will be worthless. 

[DiamondBit 720]

3 hours ago, Safder1937 said:

Yes you are write i agreed with you i think this method is called otc since your trade 

 

didnt affect market price

I do not get what you are defending, OTC trading means over the counter, the market price will also affect OCT trading, although there will be 100% agreement between the buyer and the seller. But the agreement will be determined by the current price of the coin to sell or buy. 

[BraveHeart01 1569]

You can still trade and earn through cryptocurrency,  all you have to do is to put ads on Facebook and in WhatsApp  groups that you buy and sell cryptocurrency with your local currency and keep a difference between buy and sell ad you can earn a lot like that.

[Tunuu 2235]

Yes it is possible because you can exchange from one crypto user to another without exchange (like p2p). Though in this way you will need to deal only with trusted people.

[Mwangi 5611]

I think if you look at wallets that charge differently and in them you can be able to be good in exchange that can be and should be a good one be sure to really define what is good as a trader and in the end there is going to be a good chance for you, but taking advantage of exchanges is really difficult , the processes can be different but to me that should never worry me

[Ndayebo8 0]

On 8/23/2020 at 8:00 AM, Yomose said:

The value of a coin is determined by its marketcap, if a coin is launched, it might only have the starting price which can be high, but the real value is the demands for the coin. If people do not demand for it, it will be worthless. 

Even at the starting it was set by the exchanger teams or the creator of that coin so that it didnt lose value even if the coin is highly dump it keeps it's stability.

[Yomose 3704]

3 hours ago, Ndayebo8 said:

Even at the starting it was set by the exchanger teams or the creator of that coin so that it didnt lose value even if the coin is highly dump it keeps it's stability.

I do not really get this, if a coin is created, although the price can be set, but after, if the coin is real and not shady, the price will be affected by demands and supply. And in the process, of the marketcap is low, it can be susceptible to pump and dump. 

[Ndayebo8 0]

21 hours ago, Yomose said:

the marketcap is low, it can be susceptible to pump and dump. 

What i mean is before a coin was launched some orders will be set at a good price so that the market do not get dump immediately when there is high supply because the demand price will keep reducing but at time flys it recovers back to it normal price or even high when there is good pump made by high demand and less dump which is the supply. I hope you get my point now😊

[Yomose 3704]

16 hours ago, Malcolm said:

Yes it's possible you can make a trading without exchanging sell coin through social networks with other dealers but In poin of my view trading without using exchanging it's danger because this will put you in risk to loss profit to unknown person, I think it's convenient to trade by using exchange

You are right, also are cases of exchanging bitcoin for fake money, and some could lead to fighting with scammers real life. I took can not advise people to meet up with someone to exchange. It is better to make use of bitcoin atm or p2p exchange. But, for ease, Altcoins will even be more difficult to exchange without exchanges. 

[bitcoin-shark 1928]

Yes, it is possible to do trading even without using traditional exchanges there are really many other ways to do trading such as using the Dapps, using decentralized exchanges or using the various swap sites...

[Yomose 3704]

6 hours ago, JohanDonne said:

It is not easy to trade if there are no exchanges but still there will be trading but not that much high rate, the trade will be done by the users directly using social media or websites.

If there is no exchange, I come to think of it that there will be another thing so alternative to it. This is what humans will possibly think of. So, it is not possible that there will be no exchange, if there is not exchange, alternative means that is the same as exchange will be used. 

[Buy me coffee 251]

On 12/9/2019 at 12:43 PM, Delgboke said:

I want to know weather is there any other means one can trade cryptocurrency without using the crypto exchange, what is your make on this. 

Of course you can! If you can communicate with the buyer or seller, you can complete the deal together .. This happens on BitcoinTalk forums with highly trusted members to avoid scams.

 

[Guroo0 47]

truly is conceivable you can exchange via web-based media like WhatsApp or wire bunches individual yet perhaps undependable strategy to trade

[FIA17 44]

Well if you have a deal with someone in person outside of an exchange then of course you can send that person a coin and in return they will send them yours. However make sure you trust the person before you send. But mostly there is an exchange behind the trade even the telegram trade bots through the coins into an exchange quickly for example.

[LuisM 89]

If it is possible to trade outside the exchanges but it is more risky because sometimes there are many people who want to swindle, I recommend you to trade in the exchanges which is a little more secure.

[Nikita22812 38]

This may be your personal purchase on the forum or telegram groups, but all of these transactions are not safe, you need to be careful before each transaction.

[Luiiis 31]

You can use Uniswap or any decentralized Exchange

[Moaz 7239]

Yes, my friend, you can trade without using the exchange platforms by contacting a broker and then trading the cryptocurrency with this broker directly, but you must be careful and deal with a reliable broker so that you do not lose your money in this deal.

[jdponzoni 65]

You can buy and sell cryptocurrencies taking into account price variations, but even so, the most advisable thing is to do it in an exchange. more than anything for the amount of currency listed that exist. it is easier to take advantage of those that are on the rise.

[Johandrys 114]

If it is possible to trade without exchange, but it is indeed more difficult, you must find a pair that is willing to trade that way, someone who wants to buy the cryptomonies you have at the moment, but you do not want to exchange for another in order to trade them.