Topic: Explain the process of bank transfer with localbitcoins (Read 400 times)
If you sell to one of the traders who's been there for a long time and has feedback from 100+ people you're as safe as you can get.
I've searched around and found out the process and thanks for the replies everyone. Although I don't know if it's worth the risk of dealing with someone who I don't know and they could be paying with stolen fees. is there any security enforcement on this?
create account.
make the people deposit to your account.
then you don't have to worry about anything.
make the people deposit to your account.
then you don't have to worry about anything.
Unless the funds come from a stolen account, or an ATM cash deposit is actually an empty envelope.
create account.
make the people deposit to your account.
then you don't have to worry about anything.
make the people deposit to your account.
then you don't have to worry about anything.
I'm looking to sell some of my bitcons at localbitcoins but i dont have the knowledge of how a bank trasfer works. what information would i have to give to the other person? I don't want to end up giving away sensitive bank information. Any one explain the process and the things i have to give to the other person?
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