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Author Topic: Does this trade seem legit?  (Read 176 times)
x_Pulsar_x (OP)
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September 06, 2017, 04:13:10 PM
 #1

Hi all, just seen this. Does this seem legit to you? Guy has never sold on localbitcoins.com before and is offering to pay via paypal. Don't know whether to trust it or not, would you?

Link: https://localbitcoins.com/ad/545667?ch=w7m
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Ultegra134
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September 06, 2017, 04:20:46 PM
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Well, as a general rule, don't deal with Paypal to sell Bitcoin, especially when he doesn't have any prior feedback that can be validated. It's a common misconception that payments sent as family and friends cannot be chargebacked, something that is definitely not true. All kind of payments can be chargebacked, therefore, making Paypal an unsafe processor to use in exchanges.

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September 06, 2017, 04:23:03 PM
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i have never been to try it.
but I think that's pretty safe.

x_Pulsar_x (OP)
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September 06, 2017, 04:25:16 PM
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I would agree with that, it seems the high price is there to scam and bait people in. I will steer well clear. Thank you.
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