Post
Topic
Board Trading Discussion
Re: Can I trust BTC exchanges?
by
StarofBTC
on 27/10/2015, 14:09:28 UTC
Howdy,
I've been using one for a couple months now and it's given no reason to mistrust it. But it seems weird to me sending my money to an intermediary that's neither a wallet nor a bank and is entirely online. Feels like the money is hanging out in some nowhere zone that isn't completely under my control...

Dies any one else feel this way or do I just not understand this stuff well enough yet?

Thanks!

yeah you can trust most of bitcoin exchanges like localbitcoins.com etc. but there are some who may get away scamming coins so stay attached to forum and always get up to date reading posts about in scam accusations if any relates in.