Author

Topic: Bitcoin exchangers and third party's bank account (Venezuela) (Read 941 times)

legendary
Activity: 1946
Merit: 1137
the good thing about Localbitcoins is the feedback part, you can see when the exchanger started and how much were the transactions and other stuff
legendary
Activity: 1134
Merit: 1002
exchange with Highly trusted users in localbitcoin

Is Localbitcoins reliable for on line payments (wire transfer) sent by the potential buyers of my bitcoins?

As a platform, localbitcoins is good and reliable, but the traders on the platform may not be. That's why you should check the trader feedback before the trade, and only trade with those with a good and long history.
For irreversible payments, you should only release the bitcoin after you confirmed you have received the payment.
For reversible payments, the sender could revert it afterwards, so you should be extra more careful in taking it.
full member
Activity: 188
Merit: 100
exchange with Highly trusted users in localbitcoin

Is Localbitcoins reliable for on line payments (wire transfer) sent by the potential buyers of my bitcoins?
sr. member
Activity: 392
Merit: 250
If your are worried charge backs don't use services like paypal or such that do and i don't think you can do charge backs with normal Bank Transfers unless they file a dispute. But exchange with Highly trusted users in localbitcoin they have an escrow system there.
If you don't trust any among those exchanges look at here in Currency exchange. We have many trusted exchanges here.
full member
Activity: 188
Merit: 100
Hello,

I'd like to sell bitcoins for fiat through Surbitcoin or Localbitcoins and since I haven't used either yet I'd like to know if I can link a bank account whose holder is not me but another person as fiat money recipient.
If the above is possible what's the best way to protect myself from undue charge-backs after VEF (bolívares) have been sent to the recipient bank account? Are there suitable intermediate payment services in Venezuela?

Thanks
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