Bitcoin Forum

Im looking to sell off one of my LBC accounts - it has 500 sales and 300 reviews. Good Name

if your interested in making me an offer please ping me or post here. Its a great account that has been active since 2016

Perhaps you are attempting to sell a stolen/hack account. No genuine trader sells off their account just like that.

1. We all know, localBitcoin platform imposed mandatory KYC verification on all its users, which means even if the account is sold. The original owner can still trigger an account recovery process which will involve more KYC verification and the new owner won't stand a chance of keeping the account since they don't have the original documents.

2. No one would risk selling off their full verified account to a stranger. What if the new buyer uses the account for illegal transactions, like financing terrorism?

This is the sort of thing I personally consider to be fraud.  I'm constantly approached to do escrows for similar accounts and am surprised when people wonder why I won't have anything to do with them. 

Selling bitcointalk accounts is frowned upon by most here and that's just a dumb forum account not even legally tied to a real person.  I'm always shocked at how stuff like this is allowed at all here.  I get the whole not moderating scams thing, but this is just straight up advertising illegal services.  It seems like it should be a no brainer not only to not consider purchasing something like this (which let's face it, would only be used for scamming people with reversible payment methods like paypal) but to avoid anyone who does.  Disappointing that someone would not only steal an account from someone else, but then sell it to a user who would do damage to that person by scamming in their name.  Truly sad.

Unfortunately, the buyer is the weaker party because he needs to send money or put it in the escrow and there is no guarantee that the user will not try to restore the account or that it is hacked or was created illegally / in violation of the terms of use.

Trading in Localbitcoin is long-term, and therefore using an old account is dangerous, as it can be locked at any moment.
Generally, even the buyer who buys such accounts is trying to deceive others by assuming that he is an experienced person with solid trading account.

Anyone who has an interest just tries to read this term.
https://localbitcoins.com/terms_of_service/.

Selling or buying accounts is against the term if the LBC team will determine those changes upon login it will ask again a verification which becomes your dead end because you don't have those documents that prove it's your account.

It's just wasting your money and putting your trades at risk, it should also not be allowed it here.