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Title: Explain the process of bank transfer with localbitcoins Post by: Baitty on May 28, 2014, 10:54:33 AM 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?
Title: Re: Explain the process of bank transfer with localbitcoins Post by: renee25 on May 28, 2014, 05:46:03 PM create account.
make the people deposit to your account. then you don't have to worry about anything. Title: Re: Explain the process of bank transfer with localbitcoins Post by: dserrano5 on May 28, 2014, 06:34:57 PM create account. 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. Title: Re: Explain the process of bank transfer with localbitcoins Post by: Baitty on May 29, 2014, 10:36:49 AM 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?
Title: Re: Explain the process of bank transfer with localbitcoins Post by: Grinder on May 29, 2014, 11:24:36 AM 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.
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