Post
Topic
Board Service Discussion
Re: localbitcoin is it safe?
by
franky1
on 19/04/2013, 21:21:13 UTC
hi im interested in buying some bitcoins im from the uk, i recently signed up on blockchain under the impression i could "ping-it" but, alas, i didnt ping anything and im left with a btc'less account also they have no blue buttons to click or ways i can buy BTC under the uk options of buying.

so... local bitcoin has some ppl on there offering btc by bank transfer but if i send my bank details to them can they somehow draw more out than is agreed or could they basically rob me? on another note i dont really want to meet people in person unless i really have to but to me this is a big step backwards being a didgital currency an all if its the only way i can get my paws on some.

any help would be greatly appreciated.

Im from the UK so i am experienced in this more then most the american users. local bitcoins does not draw the money out of your account like a direct debit does. it is for you to SEND the funds via the bank transfer method. so your safe with that.

what you should do though if your not meeting them is ensure escrow IS enabled.