Topic: Scams on Localbitcoins (Read 530 times)
Most definitely. Wait until you have picked up the money, at that point it becomes unrecoverable unless law enforcement get involved and even then it would have to be for other reasons like fraud etc and at that point you could easily clear yourself of any wrong doing by showing them the LBC invoices.
Western union transactions can be canceled with a quick phone call or visit back to the store where the money was sent. ALWAYS make sure to pick up the cash before releasing.
LocalBitcoins
In person selling is great.
Online selling is awful. I get hammered all day with scam attempts.
I haven't figured out the rules with Western Union.
Can a transaction be reversed once it says "on location"
I've been waiting until I have cash in hand to release coins. But, do I have to do this?
Daily trips are annoying - and I'd like to go once a week and get all the payments.
But, I don't want legitimate buyers to wait.
Any other sellers have some insight?
In person selling is great.
Online selling is awful. I get hammered all day with scam attempts.
I haven't figured out the rules with Western Union.
Can a transaction be reversed once it says "on location"
I've been waiting until I have cash in hand to release coins. But, do I have to do this?
Daily trips are annoying - and I'd like to go once a week and get all the payments.
But, I don't want legitimate buyers to wait.
Any other sellers have some insight?
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