This site says they take personal checks.
How can they possibly do that with all the check fraud out there? What happens if somebody deposits a stolen check, then runs off with a bunch of bitcoins?
How can they possibly do that with all the check fraud out there? What happens if somebody deposits a stolen check, then runs off with a bunch of bitcoins?
was just looking for peoples experiences and ran across this thread. Yeah they verify that someone has access to the account first.
So basically you are worried, that someone who KNOWS you have an account on this exchange, and managed to get your username and password and is able to steal your checks, and then uses your checks, to deposit into YOU account on this exchange, and then buys btc and runs off with them., sounds like you might have more problems than the exchange.
I suppose it is a worry but compared to a lot of other things, like simply getting access to your computer and stealing your bitcoins is probably a bigger threat
