How to calculate local p2p crypto transactions like a pro.
So p2p (Peer to Peer) transactions has always been the default method to transact crypto before banks, card and other payment, but as a newbie to p2p transactions calculating the price can be a headache from the start.
LETS GET DOWN TO BUSINESS
Say “aki” wants to sell $1500 worth of btc, you ask him for his rate and he says 410 NGN.
The math will be,
1500 x 410 = 615,000 NGN
Aki gained: 43,500 NGN How?
As of this time of writing
$1 = 381 NGN
1500 x 381 = 571,500 NGN
615,000–571,500 = 43,500
So you will have to pay aki the seller, 615,000 NGN to get your btc.
Then transaction is completed.
Hey if you learnt something, you can buy me $1 dollar beer.
Into my btc,eth,ltc,doge wallet address.
Bitcoin: 1LnFZhaJsTtRVfz6eKDTyo7NDXJMJ9YF9p
Ethereum: 0xbb649770e90309664e2f43330ff7439f3b5371cd
Litecoin: LNhDG3pc2k6JJ5sSABapD7Jce8b1CuHqqm
Dogecoin: DG8KmoTTB29vdyDmt2KSyAsU4MBkWSMzUV
Wanna learn P2P crypto trading like a pro (Zoom training) and start cashing out, dm me here.
