How to know is someone real and trusted for Bitcoin trading?

[tataren]

I saw some people who offer to invest in them and they will trade your funds. But it seems to me this is a very high-risk enterprise, and I can trust. My strategy is just to invest and save.

[iamsheikhadil]

Well, if you are trading on localbitcoins or paxful, check their past trading history. Rule is, never buy bitcoin from someone without an escrow, no matter how good their reputation is. And when you sell, verify their ID to make sure the money they are sending you isn't from a source that's illegal.

[Sohyun Park]

Instead of dealing with a individual you can deal with a exchange as you can see on platforms like trust pilot or social media that what do people say about the exchange and what is their services pros and cons. But, if you are dealing with and individual you do not have any such info.

[pealr12]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

ny advise for.you is to be careful ,if your not sure then dont trade to any member. Were in a pandemic days so everyone needs cash , people will do everything just earn money even in a bad way.

[KaratX]

Why would you want to do Bitcoin transaction with someone? If that person wants to sell an item to you wake sure you meet face to face and confirm if the item is intact, do not send money to unknown people online, if you want to buy Bitcoin go to exchange

[Festac]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

When it comes to transactions in Bitcoin you can only trust an exchange, buying from unknown person is more risky, if that person run away with your Bitcoin it's entirely your fault, even with exchanges you can only trust top exchanges not new exchanges

[tataren]

Instead of dealing with a individual you can deal with a exchange as you can see on platforms like trust pilot or social media that what do people say about the exchange and what is their services pros and cons. But, if you are dealing with and individual you do not have any such info.

Yes, I agree with you. And think this is the most safest way of investing now.

[LbtalkL]

In the majority of platforms, you can trust people by their ranks or reputation, but there are cases that rank means nothing. The reputation that is built for several years is hard to attain, so look for someone who has it I guess it is safer to trade with those guys but the risk is always there. If you are really concerns about trust in trading with other people why not trade on exchanges instead? no hassle no 3rd party involve just you and the exchange and more convenient.

[Negotiation]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

When it comes to transactions in Bitcoin you can only trust an exchange, buying from unknown person is more risky, if that person run away with your Bitcoin it's entirely your fault, even with exchanges you can only trust top exchanges not new exchanges

You are right it is not right to trust anyone in Bitcoin transactions The risk is high Therefore, use your talents and skills to analyze different places that are more reliable, then invest. You can also get help from a trusted person. If you can do the analysis properly with more time in the market you will be able to understand which site is better for bitcoin transactions.

[tataren]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

When it comes to transactions in Bitcoin you can only trust an exchange, buying from unknown person is more risky, if that person run away with your Bitcoin it's entirely your fault, even with exchanges you can only trust top exchanges not new exchanges

You are right it is not right to trust anyone in Bitcoin transactions The risk is high Therefore, use your talents and skills to analyze different places that are more reliable, then invest. You can also get help from a trusted person. If you can do the analysis properly with more time in the market you will be able to understand which site is better for bitcoin transactions.

There are exchanges that mediate and insure the buyer and seller. It’s more reliable for me to make a deal.

[Welsh]

There are exchanges that mediate and insure the buyer and seller. It’s more reliable for me to make a deal.

Okay, so just because a person has created an exchange does not automatically mean that its trustworthy. Anyone, can make an exchange, and there's even various white label software out there now. Before, using an exchange you need to ideally do extensive research on the people who are behind the exchange, because they may well be the same people you are trading with on this forum.

Regulated, and registered exchanges are usually the ones to go through, as they're often governed by laws, and other regulations, but ideally you should be taking a look at the customer reviews that people have made, and even then that's not always a good conclusion as there's various bias' that people can inject in their views, and reviews of the service.

[Negotiation]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

When it comes to transactions in Bitcoin you can only trust an exchange, buying from unknown person is more risky, if that person run away with your Bitcoin it's entirely your fault, even with exchanges you can only trust top exchanges not new exchanges

You are right it is not right to trust anyone in Bitcoin transactions The risk is high Therefore, use your talents and skills to analyze different places that are more reliable, then invest. You can also get help from a trusted person. If you can do the analysis properly with more time in the market you will be able to understand which site is better for bitcoin transactions.

There are exchanges that mediate and insure the buyer and seller. It’s more reliable for me to make a deal.

It is better to make a deal for bitcoin investment but those who will be made a deal need to make a deal by verifying how reliable they are. This is because there are many sites that scam after executing the contract in which case you need to determine the correct information about the companies.

[Inkdull]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

The perfect answer is to avoid buying Bitcoin from any body, that's why we have exchanges friend, there are many Centralized exchanges and decentralized exchanges in crypto space today, go to binance, Okex, huobi, kucoin, bithumb, gate.io, etc, don't try trusting people with your coins, they will definitely scam you

[Synerggy]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

Don't trade Bitcoin with someone, there is no way to know if they can be trusted, go to top exchanges and sell or buy Bitcoin comfortably without fear of getting scammed, through reviews and reputations top exchanges can be trusted than dealing with someone direct.

[Timmzzy]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

In life trust NO one, but on other words I don't think if you have large amounts of transaction to do I recommend you using the source you are familiar with like luno or probably a reliable escrow group that is well known and trust in time.

[gentlemand]

gate.io

Gate.io was BTER which got 'hacked' to the tune of several thousand BTC. They started off saying they would pay back their customers with earnings from fees. Then they got bored and relaunched as Gate.io after having paid back a derisory amount.

That makes them at the very least lazy assholes, more likely they were the hackers and gave up pretending to give a shit when enough time had passed. Do not be shocked when lightning strikes twice.

[Pokapoka124]

Don't trust strangers with your money especially those who pm you posing to be "experienced traders". Most are probably scams...I had a similar experience on telegram. I saw testimonies of people in a crypto channel I was in...turned out it was all a scam. I lost some $$$ but I got smarter.

[CryptocurencyKing]

This is why the trust system was developed. Though, I don't know the reason or way the various trust levels apportioned a  user is being done but, it's quite effective to the way I know it because, it measures the worth and integrity of a user though, your discretion is advised when using the trust system.
Some users such as Lauda though has chosen to live for obvious reasons best know to him, respect to Lauda, has been known to hold a considerable number of Bitcoin as a third party in some transactions. That's integrity and trust system in action right there. A value modst users need to develop as it goes beyond greed and earning with what ever means.
In essence, there is no extremely right means to trust someone on the forum completely but the trust system gives a clue on a few relatively safe users though, people change so, your discretion is always advised.

[akirasendo17]

Exchange is created to avoid transaction with people directly, why? because there is a 100% possibility he will run after the transaction, I suggest you avoid those kinds of deals, if you don't know them directly, people taking advantage if they know you are new after the deal I'm sure they will disappear.

[qwertyup23]

My Question Is, How to trust someone in Bitcoin Transaction?
Lots of people offering Lot's of things but whom to believe and how

The trust system and feedback on the person is not conclusive but that will serve as your best basis in order to determine if such user can be trusted. In addition, you can also consider their history and contribution in the forum as those may help you in determining their position in the forum.

Warning though, recently, there were trusted members on the forum who took advantage of their positive feedback and they decided to default on hefty amount of loans. Like what I mentioned, the trust system is not a conclusive evidence that can guarantee you a successful and safe transaction. So if you are dealing with large amounts of transactions in the forum, I highly advise for you to hire an escrow or a third-party that can hold such funds for the time being.