Does it raise a red flag if you send bitcoin from your market wallet directly to localbitcoins?

Question is in title. By this, I am asking if LBC will be able to recognize that the incoming BTC are from a DNM.


Comments


[6 Points] radium_fire:

Yes its easy to recognize where coin is coming from, and although they may have no reason to check on your deposits now, who knows what might happen or how laws might change, so from day one you should strive for as much obscurity as possible.


[1 Points] theevoinsider:

It wouldn't automatically be classed as suspicious if that's what you're asking as LBC has no way of knowing what's a DNM wallet and what's not, but it could later link your LBC account to your DNM account through coin taint, but if there's no reason for people to look they won't look, but who knows you could be a percy buyer now and a drug kingpin next year, the issue is online security isn't retroactive


[2 Points] None:

I doubt localbitcoins cares. But there have been posts recently of police encounters after people transferred money from coinbase into a darknet market. If LBC has your personal information, I would personally tumble. They could be subpeonaed and gag ordered and you wouldn't know until you're in court....not worth the risk.


[1 Points] sar23T:

Thank ya'll for the responses.


[1 Points] HulkVsMeth:

Personal buys or large amounts?


[1 Points] XanaxBaratheon:

Are you selling coins on LBC or are you just using it as an online wallet? It's a bad idea in both cases but especially pointless if you're not an LBC seller, just use electrum to store your coins between purchases


[-7 Points] jesusfuknchrist1:

It's not a problem, people do it all the time and it's perfectly safe.