Anyone used localbitcoin site to buy btc??

topmm

Regular Member

Jul 29, 2014

230

85

• Nov 4, 2016

• #1

I see someone registered for 10+ days that has 26 confirmed trades and 100% feedback.

I'm protected by their escrow?

 

bartosimpsonio

Elite Member

Executive VIP

Jr. VIP

Mar 21, 2013

23,702

30,042

• Nov 4, 2016

• #2

10 days is very little.

Maybe they created a few accounts and they're buying from themselves? You never know. BTC is full of scams.

 

E

ePrime

Power Member

Aug 16, 2014

544

270

• Nov 4, 2016

• #3

LBC is safe if you use an escrow. If seller disappears and you've already made the payment, the BTCs are still in escrow and LBC staff would release it when you open a dispute with payment proofs.
It's very safe as long as transaction is online.

 

X

xord

Newbie

Oct 23, 2016

28

2

• Nov 5, 2016

• #4

I use it all the time, it's great.

Trade with someone that has 100% good feedback and at least 1000+ if you want to be as risk free as possible. Sometimes new traders appear with the best rates and allot of the time they are legit but there obviously are many scammers in that world!