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If you are trading CDRs, it is your responsibility to obey copyrights. As long as the copyright holders have given general permission to trade, or your material is public domain, you should be fine. If you're not certain, read the FAQ sheets or check the band's home page. I am not a lawyer. I'm not even certain if my lawyer is a lawyer. Don't mistake my opinion for legal advice.
At first, you can just post a list of what you have on the newsgroup. If it is a long list, just say how much you have and where your list is posted. If your list is not posted, offer to send it by e-mail. A few years ago someone posted their list of 4,000 tapes to rec.music.gdead every week. You'll want to say something like:
"I have 20 hours of Dead CDRs mostly from alt.binaries.gdead mostly early shows, looking for recent shows."
or See my list at www.whatever.com/whatever/list.html
You can also post an ISO (in search of) such as:
ISO 5/8/77 on CDR much to trade
It's best to watch what other people post. There are several very good guide to tape trading on the web. For the most part, trading CDRs is the same, although being digital means there are no generational losses if it's done right.
If you want to post your list, there are a number of web providers that will let you have free web space and they place an ad on each page. The space for this page is provided to me for free. I also have a list posted on another sight.
It can't be said enough: NEVER EVER offer to buy or sell your disks.
If you are doing a B&P for someone have them send you the blanks. Don't
even buy the disks for them. There is a good reason for this. Once money
changes hands, it easy to just add $.10 to each disk, then $.20 and so
on, or get disks on sale and charge full price. If this is allowed it's
impossible to draw the line and stop bootleggers.