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Another method of getting bitcoins anonymously is using peer to peer services now peer to peer services,

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as the name suggests, remove the middleman or the middle entity that facilitates exchange in fiat or

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normal currency with cryptocurrency.

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So with Coinbase and all of the other exchange websites, there is a middleman or an entity or a company

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or a bank that is acting in the middle.

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We give this entity our fiat currency or normal currency, and we get crypto instead.

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And usually these companies and entities would require extensive information about us, would require

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us to verify our identity and so on.

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Therefore, they're great in terms of security, but they're not very private or anonymous.

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On the other hand, with peer to peer, it really depends on the person that is selling you the bitcoins.

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So you might be able to find a seller in your area that is willing to give you bitcoins without verifying

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your identity.

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A lot of sellers also accept cash in person, so you'll literally be able to walk in, give them cash,

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and then get your bitcoins in your wallet.

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This is great.

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So this is similar to using an ATM, but there is no cameras, there is no shops, so it can be even

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more anonymous.

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Now if you go on bitcoin dot org and look at the exchange page that I have in here, we already discussed

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the exchange websites, like I said in here, like Coinbase and all of them.

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If you scroll down, you'll get to the HTTP section that shows you the most common and most popular

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peer to peer services that you can use to get bitcoins.

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Now, the top three services in here, they are peer to peer, so there is no middleman.

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But they either require you to verify your identity, to sign up, or they only accept payment methods

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that would require an ID such as transferring money using Western Union and other services where you

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have to show your ID when you're transferring the money.

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The last two in here, Localbitcoins and Paxful are slightly better because they offer a large number

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of payment methods, including cash in person.

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Now local bitcoin does not offer cash in person anymore, but it used to.

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Paxful still does that and I'll show you how to use it in a minute.

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But before using Paxful, I want to give you a quick look on Localbitcoins.

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I already have it open in here and using this website is very, very simple.

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You type the amount that you want to exchange for bitcoins.

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For example, we can type 25.

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You select the currency that this amount is in.

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You select the country that you are in, and you select the payment method that you want to pay with.

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And as you can see, there is a lot of payment methods in here.

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You can pay by cash at ATM.

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You can do a cash deposit, you can do a bank transfer and so on.

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Now, as you can see, a lot of them would require you to present an ID or at least verify your ID when

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using the services.

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And like I said, this website used to offer cash in person, but it doesn't anymore.

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So you can actually just keep this on all online offers and search and you'll see all of the offers

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that's available in your area, in your country in which you can get bitcoins with.

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So as you can see, we have a seller here that accepts add cash and you can see these guys accept bank

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transfer and you can just look for whichever is best for you and pick it from here.

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Now, one more thing that I'd like to note.

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Keep in mind that in here you're using a peer to peer service.

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So it's similar to buying stuff from eBay.

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You want to make sure that the person you're buying bitcoins from has a good rating.

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So if you look in here, the first number that you see between the two brackets, this is the amount

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of exchanges that he's done.

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And as you can see, he has 100% positive feedback.

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This guy right here has done more than 20,000 exchanges and he has 100% positive feedback.

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So he is a really, really good seller to get from.

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Now, once you find the seller that you're happy with, all you have to do is literally click on buy

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and the website will take you through the steps that you need in order to get your bitcoins.

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Now, using this is very, very simple and intuitive.

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That's why I'm not going to spend time on it, especially that this website does not offer cash in person,

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which, like I said, is the most anonymous payment method.

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Instead, I'm going to show you how to use a website called Paxful.

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Like I said, it's the second website that we have in the list in here.

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The reason why I want to focus on this website instead of local bitcoins is because this website has

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cash in person.

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And again, as you know, this is more anonymous.

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Now, I have this loaded in here in my computer.

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And as you can see, again, very simple to use.

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From the left here, you can pick the payment method that you want.

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And as you can see, we have bank transfer, PayPal, Western Union and a lot of other payment methods.

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You can even see gift cards, Uber gift cards and so on.

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So things that you can't even think of.

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But what we're looking for is cash.

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And as you can see, we have in here cash in person.

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So that's what we want.

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The amount that I want to transfer, I'm going to put it in euros because I live in a European country.

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So let's put 20 and that's going to be euros.

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It's telling us how much that will be equivalent to in bitcoins.

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And we're going to click buy bitcoin now to search for all this others that exchange cash to Bitcoin

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and accept cash in person.

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Now we have no script here detecting a potential cross-site scripting attack.

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It's not really an attack.

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It's just this website is using Twitter's API.

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I'm going to keep this at block anyway.

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We're going to click on.

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Okay.

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And because we're using Tor right now, the website did not get my correct location.

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Therefore, I'm going to scroll up and I'm going to select the country from here manually.

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So by default, the website should automatically get where you are.

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But because we're using Tor, we appear like we're coming from a different country.

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That's why the results will not be relevant to us.

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So I set this to Ireland.

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We're going to search.

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And perfect.

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As you can see, we only have one result, but that'll do.

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You can see this result has more than 1168 positive transactions.

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So that's all good.

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It's in Dublin, so it's in the same city where I live, so it's perfect.

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So you can either click on buy to go ahead and go through the buying process, or you can click on the

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seller to get more information about him.

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So again, you can see the amount of positive reputation or positive reviews.

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We have one neutral review and zero people saying that they had negative feedback with using this service.

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Now you can see again in here the email and the ID of this person and the phone number have all been

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verified.

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So that's good.

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You can see the amount of trades he's done, the trade volume, the amount of people that trust him,

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and you can see the amount of blocked people.

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Now, this should not put you off from a seller.

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If you see some blocked people, this might be just people that this seller blocked because they were

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conducting fraud.

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So it's nothing scary.

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If you're buying from someone, you should focus on the positive feedback that you see in here.

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Now again in here, you can see the payment methods that this seller accepts.

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So they accept cash in person, they accept cash by email, they accept uber gift card and so on.

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But I'm going to close this because what we were interested in is cash but in person, which we already

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clicked on.

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So you can see it actually automatically loaded in this tab.

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But if we go back to where we were.

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And literally just click on buy here.

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The website will take us through the buying process.

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Now, before buying bitcoins using this website, we'll have to make an account with them.

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Now, the nice thing about this, it's not going to ask you for a lot of personal information.

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So as you can see, it's asking us for the email.

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We've already created an email that will only use on the darknet anyway.

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So I have it in here.

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It's John Wick at Blue Dot N, so I'm just going to paste it here.

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It's going to ask you to set a username.

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We'll set the same username as the email and we'll set a password.

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We're going to agree to the terms and conditions.

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Now, again, you might want to go through this in details, but for me, it's fine.

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I'm going to create the account.

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Okay.

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So the account has been created, as you can see in here.

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But before we can buy bitcoins, we have to go and verify our email.

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So I'm going to go to my email and here I'm going to refresh my inbox.

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And we have a new message.

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We're going to click on it.

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We're going to load the verification link that we have in here.

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So that's it.

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My email has been activated successfully, so I'm just going to go back to the page that we were in

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already.

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And as you can see, the verification message have disappeared.

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So right now we've already set the amount that we want to exchange for bitcoins.

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We know how much we should get.

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We've already checked our seller, so I'm going to click on Buy now to initiate the process.

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You'll get a nice message explaining to you how this is going to work.

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So we're going to say, got it.

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And basically what you want to do is pay the money here.

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Once you do, you click on paid and wait for the money to arrive in your Bitcoin wallet.

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If for any reason you don't wish to continue with this, you can just click on Cancel and all of this

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will be canceled.

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Now on the right, as you can see, we have instructions on how this will work and this might vary depending

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on the seller you're buying bitcoins from.

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Now, as you can see in here, it's saying we have one hour to make the payment.

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If we don't, then the trade will expire.

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So I'm just going to send him a message asking where we should meet.

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Now.

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I've actually waited for this letter to get back to me, but as you can see, I got nothing here.

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So I communicated with him using one of the methods shown in here.

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Now, obviously, telegram is anonymous enough if you install it on a phone that has followed proper

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object that is not used for personal use, that does not contain any personal information.

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So I communicated with him and the minimum they do is €3,000.

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So the minimum I can transfer into bitcoins is €3,000.

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Now that's a bit too much.

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I don't want to transfer that much.

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I'm only doing this for this course.

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Unfortunately, in my country, as you can see, this is the only seller, so there is no other options

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for me.

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In your case, if there are other setters, you can go ahead and try to start a trade with them.

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As you can see, the process is the same.

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You communicate with them, you meet up, you give them the money.

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Once you give them the money, you click on paid and you wait for the money to arrive in your account.

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Now the money will automatically arrive in your wallet in here because when you create a paxful account,

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it automatically creates a Bitcoin wallet for you.

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And as you can see right now, there is no transactions in mind.

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So once you go ahead and pay them and come back here and click on Paid the money, they should transfer

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the money into your wallet in here.

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Now, as you can see, you even have the address of the wallet here.

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If you just want to use it for normal use.

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And because you're communicating directly with that person through this chat or through one of the other

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methods of communication that they list here, you might even be able to give them the address of your

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Electrum wallet.

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So as we see before, all you have to do is go to the receive tab, copy this address or QR code and

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give it to them.

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And they might agree on transferring the money directly into your electron wallet.

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If they disagree, that's fine.

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You're going to get the money here and you'll be able to send it from here into this wallet.

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Again, simply using this address and I will actually cover transferring bitcoins from one wallet to

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another in the next lecture anyway.