LocalBitcoin > Market Place

Hey all, Just a quick question today.

I have been using the markets for 1 year~, Have always purchased BTC From LB.

Whenever purchasing from a market I have always just sent coins directly from my wallet to the market place. I have read here & there a couple myths to tumbling ei. you should/shouldnt tumble

So I would like to know the communitys input, Should I or should I not be tumbling coins to the marketplace? Is there any risks involved?

Thanks :))


Comments


[7 Points] None:

I've bught all my coins with cash on LBC, not once have I tumbled, no issues. but you should still put at least one intermediate wallet

LBC -> wallet -> market


[4 Points] DarkKnight_1111:

You should send them at least to an intermediary wallet after LBC just for the plain fact from hearing about all the stories of Circle banning peoples accounts for sending straight to the markets. I just have an electrum wallet that I send my LBC coins to and then the market. It sounds like you are using the markets as your main wallet also? That is not smart at all, and it will come back and bite you in the ass when whoever exit scams next. I always deposit the exact amount for my purchase from electrum and the rest stays for safe keeping.


[2 Points] trynakick:

Seconding intermediate wallet. You want a wallet you fully control, which isn't the case with you LBC account.


[1 Points] DatingFrog:

If you buy your coins anonymously there's no need to tumble.


[1 Points] cashadava:

When using an intermediate wallet I would recommend using electrum. Tumbling has its uses but for small transaction that's not entirely necessary. However, in any situation tumbling is always better than not tumbling of course if you're the paranoid type.