Yea this is 100% an ad. A site involving fiat without kyc? That sounds like a completely legit and law abiding exchange to me. This sounds exactly like a Reddit advertisement to me, OP doesn't seem to realize this isn't Reddit and people call this shit out.
That's jumping to conclusions a tad fast. Localethereum is a very trusted platform and I doubt they'd need to stoop as low as to run these bitcointalk "advertisements". Also, 3% spread in trading crypto is quite high and isn't a positive representation of their site. Localbitcoins is usually around a 1.5-2.5% from my trades and exchanges like Kraken have barely any spread.
Unfortunately localbitcoin have two tier verification 1keu for no KYC per year and 10k for tier 1 and I am unsure what you get at tier2. The limits are much too small in my opinion. At least they use a verified KYC company.
I will now move to localether. thanks for the tip.
This is a bit flawed. OP can use localbitcoins with an unverified account, I have previously in the past, but when you trade up to around 10,000 USD worth of transactions, they lock your account (you can still send and receive BTC though) until you verify your ID. I'd recommend this option as they have smaller spreads and doesn't require ID unless you are buying a large amount.I will now move to localether. thanks for the tip.
Good luck in your journey in crypto, OP
