Hi all,

I'm considering selling on localbitcoins.com but I'm finding their fee structure less than transparent.

https://localbitcoins.com/fees

If I use their escrow service, for example, and offered a buyer BTC1, could anybody clarify the fees?

My current understanding is that BTC0.01 would be deducted from the amount the buyer would receive.

But I've read some other posts here that claim there are transaction fees - which contradict the "no other fees" listed on that fees page. For example, even on the sell page itself it says the following:

Fees: 0.003 BTC from your wallet are reserved for bitcoin network fees.

Does this mean if I fuded their address with BTC1, they would "reserve" 0.003, and not have enough to complete the sale?

Hi all, first post here.

I own a few of the 2011 misprint Casascius 1 BTC coins and I was thinking about selling some of them. The problem is, I have no idea how to do this. I could use a service like eBay but with fees of 10% plus Paypal plus the risk of chargebacks, I'm not keen on that at all.

The only option I can really see is to meet in person or use some sort of escrow service. And even meeting in person would be difficult because of the large sums involved.

Does anybody have any experience of this that could offer some advice?

Thanks.