So I am in the UK and I want to sell as much as 2 BTC over the next 6 months for cash. I am looking at the traders on local bitcoin and wondering who I can trust.
I would like to hear from anyone with this experience and some advise, in particular. Why a lot of traders are offering a lot more than the going rate, are they scammers? All traders seem to say that I need to move the funds first, could anyone tell me what stops the buyer just walking away once I have transferred Bitcoin to him/her and not giving me money? I'm thinking of doing the transfers a little bit at a time until I can trust a trader. I can do trades in London and Birmingham areas. Any advice much appreciated.
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