That is an important Vietnam Bitcoin market distinction. worldwide researchers. Bitcoin has been a high-risk high reward investment until now. Started at pool few cents and now Bitcoin is worth more than $12, Vietnam Bitcoin market should symbolize part . 2 days ago · A Complete Guide to Buying Bitcoin in Vietnam. Back. Paxful Team. 12/23/ 4 min read. Bitcoin in Vietnam is a hot topic these days. Despite opposition from the banks and government, there’s still a thriving cryptocurrency market with lots of promise.
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A new live Bitcoin trading Exchange that was released in May, and is quickly gaining popularity among Vietnamese traders. Localbitcoins is the world most popular Bitcoin Peer-to-peer marketplace that provides users with an alternative way to obtain and trade digital currencies within a country.
A platform that offers seller and buyers from around the world to meet and trade Bitcoin in countries worldwide has become the one of the most popular Bitcoin P2P Marketplace for Vietnam citizens. Essentially, Localbitcoins. Localbitcoins has developed a good reputation and established itself in a large number of countries around the world, with the site currently listing exchangers in cities across countries. Owned by the Seychelles-based company Babylon Solutions Limited, Remitano has been around since connecting Bitcoin buyers and sellers on an open, peer-to-peer marketplace.
However, not long after, a video was posted to Facebook from director Hieu claiming he had also gone to the US for health reasons and that many agencies had already gotten their refunds and mining equipment back, and he would make sure everyone else did as soon as he returned to Vietnam. Obviously, no one got their refund or mining equipment since it is almost certain that Hieu and Tam were in on the scam together and had skipped the country with the money.
The hack was announced via the exchange's telegram channel. The exchange was primarily a platform for projects to crowdfund via ICOs. After the hack, VinDAX contacted many of the projects and asked them if they could front the exchange the necessary coins to cover the thefts in the form of a loan. It is unclear if these requests were accepted or denied or if any customers got their coins back.
Any exchange with a VND trading pair will allow you to sell your Bitcoin for fiat currency. Local Bitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers.
Local Bitcoins is a peer-to-peer P2P exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
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