Silk Road forums
Discussion => Newbie discussion => Topic started by: highroller420 on June 26, 2013, 02:35 pm
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Looking around at the easiest ways to grab some bitcoins in the UK
Is localbitcoins dot com legit?
Is there any way for such a provider to know where the coins are sent?
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They are very legit. You will find people all over the country willing to exchange for cash f2f or via other means. The service is escrowed and quite safe from that perspective.
As far as tracing coins, that is always a possibility. One would have to associate a wallet address owned by you with your identity. Since all transactions ever are always in the blockchain, part of that information is already public knowledge.
It is what *you* do that decreases the risk of your coins being traced.
HTH - Namaste
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The online payments is the quickest & easiest way to get coins in the UK.
Escrow service with the site, you transfer to the sellers UK bank account & they then release the escrow from the site to your wallet.
simple man
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Thanks people :)
Is there much else I can do to make things secure in terms of tracing, such as using an intermediary "wallet"?
Apologies if these are stupid questions