Prepare to Own Crypto Quiz 3

It is cheaper to buy bitcoin at an ATM than on online exchange.

What are the best ways to buy bitcoin if you can’t access an online exchange?

You can use Amazon, eBay, Steam and iTunes giftcards to buy Cryptocurrency on Paxful.

LocalBitcoins.com is a trusted P2P service.

How does Paxful help it users?

Provides online chat forum for crypto users around the world.
Allows them to buy cryptocurrency from a person with gift cards, Paypal, or bank transfer.
Help them buy crypto only with a credit card.
None of the above

LocalCryptos.com is the only platform to use end-to-end encrypted messaging.

How does an escrow account guarantee safety of P2P trades?

An escrow account holds the crypto from the seller providing a guarantee of funds to the buyer
An escrow account stops scammers from attempting to trick people
An escrow account provides an abort path for the seller if the buyer fails to pay as agreed.
All of the above

In a P2P trade, if an agreement is not met either party can raise a payment dispute.

Prepare to Own Crypto