Post
Topic
Board Beginners & Help
Topic OP
Is Trading Through Bitcoin Exchanges Safe?
by
RobertJK
on 12/08/2011, 01:24:39 UTC
Hello,

I'm new to bitcoin and wanted to hear some feedback from other people who have experience trading. Below are a few preliminary questions. Thanks so much!

-Are all of the Bitcoin brokers listed on:http://bitcoincharts.com/markets/ safe to use? I instinctively am fearful of wiring money to foreign bank accounts!
-Where do bitcoins i purchase on these sites get delivered? Do these brokers custodian my coins for me?
-What's the fastest way to complete transactions? If I want to buy/sell from/to ~10 dealers, am I stuck sending them each a sum of money via wire a few days in advance of when I want to trade?

Thanks a lot! Sorry if these are basic, boring questions... I want to make sure I'm staying safe before i start using bitcoin!

Robert