Cryptocurrency Q&A Is local Bitcoin safe?

Is local Bitcoin safe?

Arianna Arianna Tue Dec 10 2024 | 5 answers 1381
I'm considering buying Bitcoin, but I'm not sure if it's safe to buy it locally. I've heard stories about people getting scammed or losing their money, so I want to know if local Bitcoin transactions are secure. Is local Bitcoin safe?

5 answers

JejuSunshine JejuSunshine Thu Dec 12 2024
The platform highlighted the significance of two-factor authentication for enhanced security.

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Elena Elena Thu Dec 12 2024
On a particular day, LocalBitcoins made an announcement regarding the security of its accounts.

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EnchantedSoul EnchantedSoul Thu Dec 12 2024
LocalBitcoins assured its users that their accounts were safe for use.

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EchoSoulQuantum EchoSoulQuantum Wed Dec 11 2024
Moving forward in time, in November 2019, LocalBitcoins.com achieved a milestone.

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Stefano Stefano Wed Dec 11 2024
It was registered as a Virtual Currency Provider by the Finnish Financial Supervisory Authority.

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