Support team on LocalBitcoins is well localbitcoins and competent. List the number of Bitcoin reviews the reviews of which you are willing to sell. If the seller is nearby locality, you can go ahead and meet personally to complete the trade. They are much more indicative. Observe localbitcoins in the event that you are totally unfamiliar to LocalBitcoins, there's a major possibility for "power sellers" to deny you exchange with localbitcoins since you don't have reviews feedback yet.
Support and conflict resolution — For occasions when a client has inquiries and issues, LocalBitcoins gives a customer support team for the purpose of answering and resolving these things that may happen in between buyers and sellers. It makes it very easy to run your own bitcoin-cash exchange. The fundamental ones are named below: List the number of Bitcoin and the amount of which you are willing to sell. Can you please give me a contact number or chat with upper-level management? I do NOT want a response from a lower-level contact person.
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If you go to the main Reviews community boards i. Liquidity will depend on the amount of buyers and sellers in your area. Concluding, everything the reviews overall is quite positive. Localbitcoins wish you luck! In order to post comments, please make sure Reviews and Cookies are enabled, and reload the localbitcoins.
LBC for 4 years and never a problem. Only 2 case of issue when a guy forgot to release and Zelle payment method was not instant. These guys may not have the best price, but they do offer the best flexibility anywhere.
Samphil - October 16, I have a major problem with localbitcoins staff suspending my account without notice. I move over 80 bitcoins per month as reflected on this site. By suspending my account for 72 hours without giving me a chance to work this out with the seller, I have lost thousands of dollars over the weekend. Can you please give me a contact number or chat with upper-level management? Instead of suspending my account the moderator could have said "Samphil, you have 24 hours to return the bitcoins to seller or else your account will be suspended".
This would have been respectful of me and would have saved me a lot of money. I do NOT want a response from a lower-level contact person. I would like to speak with a supervisor or upper-level management please. Samuel Phillips Juris Doctor. Darrin - September 26, View the real time duration between the latest few confirmations blocks. S they delete any bad feedback via their internal support and delete Customer Support Tickets that are a negitive as well.
In my OWN personal opinion. On Friday evening I bought 0. Ofc I missed them and than the shit hit's the fan. For starters was him saying that he will withhold my BTC locked for extra hours after it received. He agrees that he have the money, but now he plays smart ass and keeps holding my BTC because "I could be a scammer who paid it from stolen account.
So opening a claim with support. Now support just sending me automated replies until tonight I've receiving this email: They giving me 8 hours to fix all they asking for.
And email received at Means that if I were working today I would be done as I don't have access to such websites from work PC , if I was sleeping longer than usually I would be done again, because Seems that support of this website always leans towards the one who have bigger trade volume.
And localbitcoin dying to get your ID uploaded to theirs website! Now when I completed steps above, I got this email: Next request will be: Stand naked in the terrace with D.
After sending message with request to refund money, or other wise we will initiate charge back. Seller have agreed to refund to my payment. Why Localbitcoins blackmailed me to upload my passport ID and verify account and in the same time send my ID next to screen with Localbtc account and banking page account. If they knew that it will not help to resolve the case and they will ask more and more pictures with my wife and such?
I've asked them to delete all identification pictures I've sent them and also remove "Id verified" from my account. If they fail to confirm that they did so, I will raise complain with local authorities. Because I believe I was blackmailed to upload my sensitive personal data without legit reason and I'm not sure that Localbtc will not misuse it in the future, or will not get hacked and all my private data will be out in the open?
Thomas Blau - September 13, Here is my experience with them: Or in some cases, you can meet up in-person and give the person cash in exchange for Bitcoin, hence the name Local Bitcoins. Since Local Bitcoins is a peer-to-peer exchange, your transactions are only as trustworthy as the person on the other side of the deal.
Local Bitcoins does hold all Bitcoins in escrow when you pay online, so if you can prove that you paid for them the Bitcoins will get released to you. I like to look for the following criteria when I evaluate a trader: As you can see in the example screenshot above, user CeruleanShine meets all my criteria for a trustworthy trader. I would feel comfortable conducting a transaction with this person. Of course, as a new user on Local Bitcoins, you also have to build your reputation.
Sometimes, this might mean doing smaller transactions with less reputable traders to build up your trade count and feedback scores.
For all online trades, Local Bitcoins provides escrow protection. As a peer-to-peer exchange, Local Bitcoins is designed to be decentralized and usable from anywhere. There are two major exceptions; Local Bitcoins is not available in Germany or the state of New York due to regulations. Generally, reputable sellers will be able to command a few more dollars in the exchange rate than less experienced ones. Users can agree to buy Bitcoin using anything from iTunes gift cards to cash sent via mail.
As long as you and the trader agree on the cash transfer method, you can pay however you like. Cash deposits, money orders, and wire transfers are popular for this reason.
If you allow someone to pay using a credit card via Paypal, that person can buy Bitcoin from you and then dispute the transaction with their credit card company, leaving you with no money.
Since many Local Bitcoins users are anonymous, it can be difficult or even impossible to track down someone who pulls such a scheme. This fee is added to the amount the seller places in escrow with Local Bitcoins as part of the deal-making process.
If you want to maintain your anonymity, you can usually find other traders who are willing to execute trades without the identity verification. I hope you enjoyed this Local Bitcoins review and found it helpful. As long as you exercise good judgment when selecting who to do deals with, Local Bitcoins can be a great platform for all your trading needs. I recommend it as an easy way to get started in Bitcoin investing.
None of the content on CoinCentral is investment advice nor is it a replacement for advice from a certified financial planner.