Hi
I'm looking to buy BTC for cash.
Yes I'm new to the forum but I'm not new to life so won't be sending my cash to any random fool. I will only deal with people with a genuine history and use escrow to start, looking to buy around £2000 worth but in a few smaller deals to start.
thanks for looking
LT35
Your best option would be Localbitcoins. By paying cash in GBP, I'm assuming you want to meet and conclude the deal in person. This is best achieved and arranged on a site such as Localbitcoins where the bitcoins are held in escrow during the transaction.
If you do find some someone willing to sell coins, irrespective of where you found that offer, the golden rule is to meet up in a safe and very public location, preferably where there is quick access to security services. Don't be lured to deal inside a hotel room, a private office, a quiet road, an isolated area, especially if you are alone. There are criminals who lurk on this forum trying to invite people to transact large amounts and the pattern so far shows that these incidents mainly happened in Europe. The modus operandi is to meet up in an isolated location and to assault and coerce the victim to transfer the coins or to give the cash.
There is another sinister angle to this criminal enterprise which is to do it in a public place, usually a woman does it, and she then alerts the public immediately after the transaction to create an alarming situation, taking advantage of most people being not familiar with bitcoin and usually leading to the money being repaid to her. This happened in London at a busy cafe so be careful.
