Hello everyone,


     I'm trying to find an answer for a question I have and this thread seems to be the most adequate to post it, instead of creating a new one. I'm on Tier 0 and was planning on verifying my identity because some traders require this for you to be able to open a trade with them. However, I read the localbitcoins' official post for the id verification update and I'm confused by this:

"T0 accounts, i.e. users who have only onboarding verification, can complete buy trades but will not have a LocalBitcoins receiving wallet address neither be able to sell BTC and post ads."

     I'm really not sure if I'm understanding this very well but, this actually says that I can buy bitcoins but can't sell them. I have to buy the rest of the remaining amount to reach the Tier 0 limit, do the verifications for Tier 1, and then sell all those bitcoins while, in the meantime, having that money sitting there and not being able to use it. Please confirm this, because I think it's crazy. A new user would have to buy EUR 1,000 worth of bitcoins before they sell any. I hope I'm just misunderstanding that.

     If this is true, the only possible way I see to "sell" those bitcoins is with some "friend", sending them the bitcoins to their wallet and managing the payment independently. Or you can just reach any tier without reaching the limit and the tier limit is just the volume you can manage? Probably I'm just confused.

     I used my receiving wallet address about a month ago, but well, that was before October 1.