Buying/selling Bitcoin question

Does anyone have any experience buying or selling btc through localbitcoins using western union or money gram?

Of course you get escrow and I would trust a seller on lbc with my info before I would trust circle or coinbase or any other registered business in the US that likely has government oversight and pressure.

My question is is it risky? And what could go wrong?


Comments


[1 Points] btcquestionn:

I've never purchased BTC this way but I have sent many a western union/moneygram and unless the policies have changed you are not required to show an ID when sending under $1000. So you could just completely bullshit that information. I used to do it all the time when sending WU/MG for other reasons.