Why are the Bitcoins and Bitcoin local networks having a higher price than other exchanges?
The average purchase price at local ATM Bitcoins and Bitcoin is typically 5-10% higher than the average total price.
Unlike other exchanges that require authentication and personal information, local Bitcoins and Bitcoin ATMs do not require any such information.
The 5-10% premium on LocalBitcoins and ATMs is simply the cost that people are willing to pay for privacy when buying bitcoins.
Is it dangerous to give up my identity to buy?
It depends on how much you trust exchanges.
Like any information you leave on the internet, there is always the risk of being lost or stolen from the site you provide.
One thing that Bitcoin exchanges have in their favor is that because they are constantly under attack, they have some of the best security precautions to protect against piracy of their personal information.
There is always a risk of anything related to online information.
Even Yahoo was hit and informed about 1,000 million stolen bills.Trading Bitcoin for Bank Deposit Cash in Your Crypto Coins
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