I read that you can get profit/markup selling bitcoin on localbitcoin as oppose to any other method. True/false? But theres much more risks doing it with lbc than with other methods? Do lbc require you to meet up the other person no matter what or it could be done online?
If it can all be done online such as receiving the money then releasing the bitcoins, any advice on how to not get scammed? I have quite a bit of bitcoins. I would obviously like to sell it and make profit selling it as well. It seems like doing it through circle is nice too since no fee and coinbase is 1 percent fee. Those are safe i know but what about lbc then? Im curious since you can get some markup with it as well.
I've bought some BTC directly from my seller under spot by like $10 USD once. Then I sold it at spot price.
That's 1 way of making money
, you probably won't get that kind of sexy offer though.