Hello, i found on localbitcoins.com offer, in which somebody would like to buy BTC for price 20% higher than the normal market price. He will pay via SEPA. I would like to ask you, if this offer is scam. If yes, how does it work?
Thanks for your answer
LocalBitcoins is a really secure system. I did a lot of bitcoin trade through localbitcoins and it was all right. I have been in a lot of trade, like the situation you are in, and these have been done without problems, but that does not mean that every transaction you do on LocalBitcoins will be good. If someone is buying bitcoin at high prices it doesn't mean that he is a scammer. You cannot be sure that he is a scammer until you trade it up with him.