Hello, is selling on localbitcoins safe? Seller with many feedback could have bought that account.
And when he sends it via bank transfer is that possible from him to ask for refund? And bank send him that money.
Please help, want to sell bitcoin but I'm afraid to get scammed.
Buying bitcoins on localbitcoins is very safe as long as you stay in the escrow system.
Selling bitcoins on localbitcoins can be risky, mostly because transactions through most online payments can be reversed and Bitcoin transactions cannot. I would recommend becoming very experienced with using localbitcoins before selling, and then being very careful with online selling because newbie sellers are targeted by scammers.
When I sold bitcoins on localbitcoins, I only did face-to-face transactions with cash to avoid getting scammed.