What are risks are involved buying bitcoins with cash?

in #bitcoin • 8 years ago

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it's best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

#lite #coin #crypto
8 years ago in #bitcoin by
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