Post
Topic
Board Trading Discussion
Re: Scammed on LocalBitcoins
by
zhekinsp
on 30/10/2019, 18:26:26 UTC
I got scammed on LocalBitcoins and started looking for new p2p trading platforms in South Africa and came across Vertex Market (https://vertex.market ) as they posted on BitcoinTalk. Here: https://bitcointalk.org/index.php?topic=5194938.new#new


Has anyone used them before? I have already made a couple of small trades which all worked but nothing over $100 because I’m a little scared putting in large amounts on a platform I just found.

The platform works great but I just want to know if anyone else has used it and if anything, bad has happened? It will probably be my go-to trading platform but need to confirm first.


Possibilities of getting scammed in local bitcoin is very very less unless you accepted a payment which is reversible like paypal.Is this way you got scammed because I don't know what actually the vertex market means.

You can report the user to localbitcoin support staff if he is still using the same account.

It must have been a PayPal transaction. Its the only potential way of me seeing a scam actually taking place.
If anyone doing paypal transactions on localbitcoin then they should see the trade and feedback history of trader,if he got high number of confirmed trades and pro bade then we are completely safe.But also need to remember paypal restricted crypto transactions so its not advisable to use that method anyway.