Cheers
LocalBitcoins acts as an escrow, they take the coins into holding until the other party confirms they have received the fiat funds, they are then released to their new owner. It's pretty cool and works well providing both parties are online during the transaction (you only have a set time to complete the transaction before the funds are returned to their original owner)
Cool , what rate are you buying at? I'll sell £100 to you?
Great, I've just purchased a few more BTCBTCBTC so £100 is perfect for me too -
https://localbitcoins.com/ad/85160/cash-out-your-bitcoins-bank-transfer-united-kingdom
I've signed up, just funding my BTC wallet, will do the transaction when complete. THanks
Ready when you are!
Hi mate
Bitcoins eventually cleared in my wallet, I sent the transaction. Thanks
Thanks dude, just waiting for my online banking OTP to make the payment - its a little slow for some reason...
Payment sent. Thanks
Ok mate, checked my account but I don't see it yet, hoe long does it take from Faster Payments?
All other payments from my account this morning have been instant.