Post
Topic
Board Currency exchange
Re: Looking for regular/semi regular Bitcoin sellers
by
Findingnemo
on 23/10/2022, 08:40:28 UTC
Hi, I'm new to this forum but have been trading bitcoin on Localbitcoins for 8 or so years.

I am looking to find regular Bitcoin sellers to purchase from using UK bank transfer. I have a registered business in IOM and do not need to do any KYC checks on sellers (or purchasers for that matter!)

Happy to do it on LBC but I can offer a better rate offline - as the business I'd ask you to go first... (maybe its better we stick to LBC for now and use their Escrow service!!!)

You can contact me on WhatsApp +44 7494 032839 to discuss.

Many thanks, Ryan.

This may section may not be the appropriate place to post this thread unless you offer the deal price.

To OP no matter how much reputation you have in LbC here your trust level is completely zero so you have to opt for trusted escrows from bitcointalk if you're really intended to actual trade.

Warning: for others, myself a trader on LBC with very good volume will never appreciate such kind of practice because of the source of funds issues can really get us into big trouble and expressing this based on my personal experience.


Understood, thank you for your feedback!

I am looking at buying very close, or even below market value. No more than +/- 1%. Escrow service paid for my the seller at this price. No escrow fee if they go first. (I am happy to KYC to them in they so wish)

Make sense but you can't convince someone to go first since you don't have enough trading reputation to consider as trusted members so the choice is escrow so there is fee which depends on the trade value and with minimum amount which is likely higher than 1% trading fee of LBC. So even if you calculate you are going to buy higher than market value at the end of the trade.

If you're concerned about the KYC requirements on LBC which requires sensitive personal data for tier 3 members because it has huge annual trading volume but you're ready to do KYC here then why not on KYC.

Anyway good luck finding the partner. Cheesy