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Localbitcoins review

localbitcoins review

all that, since anyone can become a seller there is a lot more room for scammers on this platform. From additional online reviews on Reddit, the general vibe was that the platform is good, its the people you need to be suspicious. This is something you should do yourself (and I will show you how in a minute). Users can either meet in person or trade online. Jeremiah Kangas, a programmer, and entrepreneur. The exchange doesnt support derivates or futures trading. Reviews that are related to the platform itself state that the site is fairly buggy with support taking a long time to respond. We may receive compensation when you use LocalBitcoins.

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Go to m m Review 2019 Scam or Not? However, prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed. So basically, only the people who are actively promoting their services (i.e. LocalBitcoins supports the buying and selling of Bitcoins only. Post Summary, unlike most exchanges that match buyers and sellers manually, LocalBitcoins allows users to communicate directly. Be sure to only trade with users who have a history of making trades. Send payment information outside the exchange (no emails, phone calls, etc.). Also, major traders may refuse to sell cryptocurrency to the new users without any feedback.