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Board Beginners & Help
Topic OP
How to know if a trader in Localbitcoins is not a fraud?
by
skinturtle
on 06/12/2013, 19:40:51 UTC
I live in Philippines, but I want to buy in United States because the price of Bitcoin here are 1.3kusd. The other guy sells it at 950usd but he only have mBTC.
I'm planning to buy 3k usd of Bitcoins. How can I evaluate whether someone is a fraud? I plan to transfer the money via Western Union.
Here's the account:
Keops https://localbitcoins.com/accounts/profile/keops/[1] Colinas https://localbitcoins.com/p/colinas/[2]
It says that Keops have 70+ confirmed trade and there are feedbacks with noticeable trade volume.
What does noticeable trade volume means? Does it mean that he already traded more than 10k usd via online transaction?
Please explain to me.