How to buy Bitcoin Cash using Local Bitcoin

Does not go to local bitcoin

Even above credit cards and personal information.

  • Expiring options
  • How to buy on LocalBitcoins and not get scammed. - BankBTC
  • LocalBitcoins Review: 5 Reasons It's Safe ( Updated)

That makes them a big target. Even the smartest and most vigilant people occasionally get scammed.

  1. Пока Хилвар собирал невероятную историю воедино, Элвин потерял ощущение времени.
  2. Только Джезерак последовал за ним из Зала Совета на пестрые, людные улицы города.

Pick based on their history. If you advertise in the forums many of the responses will be from scammers.

does not go to local bitcoin

Do not respond to ads in the forums. Most are spammers or sellers with dubious reputations that cannot get business any other way.

How to buy Bitcoin Cash using Local Bitcoin

LBC does have horrible customer service but their automated escrow system is there to protect you. Once the seller has responded they are ready to trade, send your payment info through the message box of the trade you started.

LocalBitcoins Trader Sentenced To 1 Year In Prison

Do not send your payment information any other way! Do not email your payment information Do not text your payment information Do not call anyone and give them your payment information over the phone. Mark your payment as made.

Я нахожу, что ответить на твой вопрос весьма трудно, - произнес Джезерак.

Do not do this until you have sent the payment. If you mark the payment as made before sending your payment or to keep the trade open, the seller will likely block you and leave you negative feedback.

This is because these services make buying and selling Bitcoin easy, but with convenience comes a cost. Not only do we mean a financial cost because you pay premium fees for these services, but you also lose privacy and in many cases anonymity. Mainly due to Know-Your-Customer KYC rules with exchanges and them requiring personal and sensitive information about you, such as your name, address, phone number and other identification. This has put a real burden on the space for those that want to trade without this sort of interference. In addition, because of the way Local Bitcoin is setup using Blind EscrowLocal Bitcoin never touches any funds whatsoever — which means that there is no KYC at all on the platform.

If you have sent payment information do not cancel the trade. Localbitcoins wallet system protects you as long as you have 2FA turned on.

does not go to local bitcoin

Do not send bitcoins to any other wallet address than the one you own. If they ask for it they are likely trying to scam you. Have any other tips for buying Bitcoin without getting scammed?

does not go to local bitcoin

Leave us a comment.