“We would post on Craigslist and on LocalBitcoins, and we would say, ‘Hey we have Bitcoin, come meet up with us and give us cash and we’ll give you the Bitcoin,'” Maurice told Cointelegraph in an interview. LocalBitcoins serves as a popular method for selling Bitcoin from person to person, also called over-the-counter, or OTC transactions.
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Source: Cryptocurrency - investing.com