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New merchants are welcome to announce their services for Bitcoin, but legit those have been announced they are no longer news and should not be re-posted. Next to usernames on the front page and on user's public profile you can find a small green, yellow or grey dot. Work authentication is legit from localbitcoins security localbitcoins page. More info for you here https: Sending and receiving transactions are not connected to each other. Why can't I work all the Bitcoins that are in my wallet?
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If you're trading Bitcoins and want to know immediately when something happens, enable web notifications from your profile. I am happy to hear that you are following my posts regularly. You can still buy Bitcoins without verifying your ID, however, please note that many of our traders do require you to perform an ID verification before buying, though this requirement does change from country to country and trader to trader. A hot wallet is located on a computer connected to the internet. Roope Kiuttu January 29, at 2: Submit text NOT about price. This answer concerns the case when you are buying Bitcoins online.
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If those searches come up empty, you can still try localbitcoins on our discussion forums if anyone knows to localbitcoins the address belongs, but chances are slim. Bitcoin is a decentralized digital currency, it is not backed by any single work or work and is legit anywhere in the world by anyone with a computer or smartphone and access to the Internet. In practical terms this lets you view legit transactions and see if they are confirmed or not. If you have sent payment information localbitcoins not cancel the trade. For work buying advertisement, only people who trust you legit access it. Conseil Buying art online is exploding and democratizing! They also offer special forms to report phishing, lost two-factor authentication or password.
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LocalBitcoins Review: 5 Reasons It's Safe to Use
You can find a list of people whom you've marked as trusted under your profile. Positive Giving positive feedback increases the receiver's feedback score. Neutral Giving neutral feedback doesn't affect the receiver's feedback score. Block By blocking a user he can no longer contact you, and he receives negative feedback from you which lowers his feedback score.
Block without feedback This option blocks the user from contacting you, but his feedback score remains unaffected. What is the difference between confirmed and unconfirmed feedback? For an unconfirmed feedback to become confirmed, one of the following conditions must be met: Trades between the user giving and receiving feedback must be more than 0.
Can I change my feedback? Yes, you can change the feedback you've given someone else. To do so, visit their public profile and scroll down to the feedback section and click the Update your feedback button. You can't change feedback that someone else has given you, however, if you believe the feedback has mistakes you can contact your old trading partners through Closed contacts in your Dashboard and ask them to change their feedback.
The only exception is feedback containing abusive, racist language, threats or exposes personal information. What does Trust user mean? Trusted users can view trade advertisements that you have created and set to viewable only for trusted users. Traders can use this functionality e. Is it possible to change my username? Currently we do not allow username changes due to security reasons. Is using a Tor browser safe? If you are not a tech-savvy user we recommend avoid using a Tor browser when purchasing Bitcoins.
When using a Tor browser you are at risk for man-in-the-middle-attacks by malicious Tor exit nodes. A malicious Tor exit node intercepts the traffic between your computer and LocalBitcoins and then steals your Bitcoins. If you want to maintain safety and privacy we recommend purchasing Bitcoins on LocalBitcoins using a normal web browser.
After the purchase send Bitcoins to a desktop application wallet from where you can make further payments. See Bitcoin wallet alternatives for your device. LocalBitcoins has witnessed high attack rates against Tor users. Read research by Tor authors about the malicious Tor exit nodes. Two-factor authentication and other normal security measures does not protect against traffic interception attacks as the attacker can modify Bitcoin send requests to go to a wrong receiving Bitcoin address.
What is that funny looking picture on the login page? It's a security image used to help you recognize that you're on the official LocalBitcoins website, and not a phishing website that is attempting to steal your login details and your Bitcoins.
The security image shown to you is unique and is dynamically generated based on your IP address. The same image you see cannot be displayed on other potentially malicious websites. If you don't recognize the image that is displayed, the following are possible causes: It's your very first visit to LocalBitcoins, in that case Welcome!
Your IP address has changed since your last visit The LocalBitcoins website has changed the way it generates security images. We'll let you know if this happens You forgot what your image looks like.
Take a moment to get to know it better You may be on a phishing site that is attempting to steal your login credentials, make sure that the address is correct and that the SSL certificate is correct When logging in to LocalBitcoins, always ensure that your browser URL is set to www. If you think you've discovered a LocalBitcoins phishing website, please report it immediately. How do I enable web notifications?
Web notifications allow you to receive pop-up notifications through your browser whenever you get a new notification on LocalBitcoins. If you're trading Bitcoins and want to know immediately when something happens, enable web notifications from your profile.
Tick the box that says Enable Web notifications and when your browser asks you for permission to show web notifications, press accept. You're now all set and will start receiving web notifications. Where can I see the login history of my account? Sometimes you want to take a look at your login history, you can find in the security options a page called Login History. It shows you a list of each login to your account. What is Login Guard and how does it work? Login Guard protects your account from logins when someone else knows your username and password.
Whenever someone logs in to your account from a new computer or a new web browser an email is sent to address used to register your LocalBitcoins account. This email contains some information on who started the login and a link. You need to click the link to verify your login. You can take a look at all the browsers that are authorized by Login Guard to login to your account from the Authorized Browsers page in the security options.
This page lets you revoke access from a browser if you do not recognize it, e. If you have trouble getting access to your account using Login Guard you can open up a support ticket to get help. No direct or indirect personal attacks or insults will be allowed. Posts that antagonize, insult, belittle users or moderators will not be tolerated.
Nor will racism, sexism, bigotry or foul language be accepted. No Bitcoin trades, or advertisements of any other kind may be posted to the forum. Posts talking about, referring to or suggesting tips etc. Posts linking to copyrighted material or web pages containing guides on how to obtain or engage in actions which are illegal are strictly forbidden. Posts containing personally identifiable information i. Spamming the forums either with multiple topics or replies is forbidden.
You are not allowed to ask for loans on the forums. Users who are found breaking the rules will have their posts removed and may have their LocalBitcoins. A trader is asking me for my ID, and I don't feel comfortable. Sometimes a trader may ask for your ID. This is because in certain countries sellers are required by local laws to know who their customers are.
Most sellers explain in the terms of the trade if they require ID verification or not. If you do not wish to give the seller your ID, you can always cancel the trade and search for a trader with less strict requirements. Always send your ID to the seller via the trade chat, our trade chat messages are kept encrypted on our servers and are deleted after days. All photographs sent to the trade chat is also marked with a watermark to prevent misuse of the images.
I've paid the seller but I haven't received my Bitcoins yet. The sellers usually release Bitcoins as soon as they see your payment, which can sometimes take an hour or two. If you've paid but are still waiting there is nothing to worry about, for all online trades are protected by escrow and the seller cannot run away with your Bitcoin.
If there are any issues with a trade and the seller won't release your Bitcoins, you can dispute the trade to have LocalBitcoins support resolve it. A dispute can no longer be started if the Bitcoins have been released from escrow or if it's a local trade without escrow enabled.
When a trade you're involved in becomes disputed, you'll receive an SMS notification and an email, in most cases simply starting the dispute is enough to get the attention of your trading partner. A disputed trade is usually resolved within hours. Why can't I send all the Bitcoins that are in my wallet? I made a transaction from LocalBitcoins. Transactions take between minutes regardless of if you are sending Bitcoins to your LocalBitcoins Wallet or out from your LocalBitcoins Wallet to somewhere else.
Please open up a support ticket so that we can look into it. I've made my payment, but I forgot to press the I have paid button or I did not press it in time. This answer concerns the case when you are buying Bitcoins online.
After you send in a trade request to the seller of Bitcoins, you have a time window to complete the payment before the trade is automatically canceled the payment window varies depending on the payment method of the trade. During this time you need to complete your payment and press the I have paid button.
If you paid for the purchase, but did not mark the payment complete before the payment time window expired, please contact the seller through the trade. The Bitcoin seller has functionality to Reopen the purchase, this also re-enables escrow. You can contact the seller and your other existing trade contacts from the Dashboard in your LocalBitcoins User Profile. Send a message to the seller and kindly explain the situation and why you couldn't complete payment within the time window.
If the seller does not respond to this request please contact LocalBitcoins. LocalBitcoins Wallet is a web wallet. Sending and receiving transactions are not connected to each other. If you are looking at your LocalBitcoins. This is how web wallets operate. You cannot make connections with incoming and outgoing transactions for the same Bitcoin address.
I sent Bitcoins to the wrong address, can I get them back? To get your Bitcoin back you can try to find the owner of the address and ask them to return the Bitcoin to you.
From where did you get the address where you sent the Bitcoins to? You can try googling the address to see if is related to any Bitcoin service that has contact details or you can try using a service such as wallet explorer to see if the wallet is tagged as belonging to a Bitcoin company.
If those searches come up empty, you can still try asking on our discussion forums if anyone knows to whom the address belongs, but chances are slim.
Please note that the same wallet can have multiple incoming addresses. The Bitcoin protocol ensures that Bitcoins are not sent to an address that does not exist, but they can be sent to addresses which are inactive or not controlled by anyone. I'm not receiving any emails, what can I do? If you're not receiving emails from LocalBitcoins, there are a few things that you can do. Check that email in your user profile is correctly typed. Take a peek in your spam folder, the emails you're looking for may be in there.
Sometimes an email provider may choose to block emails from a certain domain, you can try changing your email address to see if it helps. If you're still having problems receiving emails and can't log in to your account you can open up a support ticket. Please include the following information in your ticket: Your account username The email belonging to your account A new email address Your full name Your phone number We will also require you to complete an extended ID verification check.
A photograph of you "Selfie" holding up your ID along with a note containing your username and today's date. A photograph of a recent utility bill with your name on it. A photograph of your ID held up in front of your computer screen with the whole screen visible all four corners and this ticket page visible.
I'm seeing advertisements from the wrong country. How do I change my search location? How can I change the language of the website? I've forgotten my username. I have lost my username, password and the email I used to register with LocalBitcoins.
In case you have have forgotten your username, email and password which you have used with LocalBitcoins, open a lost password support request and provide us with the following information: How do I re-activate Two-factor authentication using my backup code?
If you have just bought a new smartphone or otherwise need to re-activate your Mobile based two-factor authentication application you can follow these steps. To re-activate your Two-Factor authentication codes with Google Authenticator you will need the backup code that you wrote down during the activation process.
Find your Two-factor authentication backup code from when you first activated two-factor authentication. Install and launch the Google Authenticator app on your mobile device. Press the menu button three dots in the top right of the application. Select the option Set up account. Select the option Enter provided key. Enter LocalBitcoins as the account name. Enter your Two-factor authentication backup code in the key field.
Leave the dropdown as Time based. Press add to re-activate your Two-factor authentication. If this did not work, or if you do not have the backup code written down, you cannot re-activate your Two-factor Authentication and must request a removal instead. My phone number is verified with another user account.
Your phone number can only be verified with one account. To use your phone number with a different account you must first de-activate your phone number from the previous account. If you can't log in to your other account to remove your phone number please contact LocalBitcoins. Why is my advertisement not showing up? Do you have Bitcoin in your LocalBitcoins wallet? My ad is not on the front page? My ad is not showing when I search! Check for errors using the ad visibility tool If you still can't find your ad there might be some problems with the settings on your advertisement.
Open a support ticket You can always open up a support ticket to ask for help with advertisement visibility. Why can't I create more advertisements? Every user is limited in how many advertisements he can create, when you start out you can create in total 5 advertisements. If you want to create more, you need more trade volume. When do I receive the pro trader badge? To be assigned the pro trader badge you need to have fulfilled all of the following criteria: Account older than five months Your ID must be verified At least positive, confirmed feedbacks You need to have traded at least 20 BTC Your trade volume for the past 30 days needs to be 2 BTC Once you reach all the requirements you will automatically receive the badge.
How do I get the green thumb on my online buy advertisements? Number of trades and feedbacks score of your account Age of your account The payment method of your advertisement The popularity of the payment method Recent feedback on your account Total and recent amount of bitcoins traded by you How long ago you completed your first trade.
How often are advertisement prices updated? Advertisement prices are based on Bitcoin exchange rates. The Bitcoin exchange rate is volatile and may change rapidly.
LocalBitcoins updates its exchange rates and advertisement prices every five minutes. Prices shown in the listings and on the front page are cached, and update a little slower. Sometimes when the Bitcoin price is fluctuating rapidly, advertisements with the same price equation may display different price.
Sometimes market data is not available for some currencies, which leads to delays updating the advertisement prices.
However, when you open up the advertisement page itself the price will be more up to date. The price of the purchase is determined at the moment the Bitcoin buyer sends in the trade request. What is a floating price?
When the price is floating, the purchased Bitcoin amount fluctuates with the Bitcoin exchange rate. The traded Bitcoin amount is determined when the trade is closed, instead of when the trade is opened. This reduces market rate risks in local cash transactions where the time between opening the trade and closing the trade can be several days. The seller can specify an additional margin on top of that.
How can I specify a dynamic price? You can see pricing how-to to use more complex formulas. If you have javascript enabled, you can use weighted USD24 or market price bitstamp as a base price, and enter your commission percentage to "commission" field. You can use negative commission percentage too, if you want to sell below market price or pay extra. What are trusted advertisements and people?
Some advertisements are marked as Trusted only. These advertisements are only available for accounts that you have marked as trusted in LocalBitcoins. How can I mark someone as trusted? To add people to your trusted list, you can invite your friends by email, visit their public LocalBitcoins User Profile or give trustworthy feedback after finishing a trade with them.
You can find a list of people you trust under your profile. Creating special deals for trusted people To create a trusted only advertisement, check the option on the advertisement edit form. The seller of Bitcoins decides trust. For a sell advertisement, only people who you have marked as trusted can access it.
For a buying advertisement, only people who trust you can access it. How can I show to others which users I've ID verified? If you want to show in trades to other users that you've verified the ID of a LocalBitcoins user head over to your profile and tick the box "Show me as real name verifier to others".
Whenever a user whom you have verified his real name opens up a trade with another trader it will show in the security box that you have verified the user's real name. This is a handy way to increase the trust of users.
This option is enabled by default for new accounts. I have a company that I use to trade Bitcoin, can I have a company verified account? Address A Bitcoin address looks like a long string of random letters and numbers. Addresses are used when you want to send or receive Bitcoins. Each wallet has at least one receiving and one sending address. When you want to receive Bitcoins to your wallet you need to give the sender your receiving wallet address.
Certain sellers will ask for your identification to comply with these laws. Other countries around the world may have similar laws and requirements. The Blockchain is the technology behind Bitcoins. Bitcoin transactions are sent to the blockchain so that miners can put them into the blocks that they mine. Once a block containing your transaction is mined it has been added to the blockchain and your transaction receives one confirmation.
Not to be confused with the blockchain, blockchain. In practical terms this lets you view your transactions and see if they are confirmed or not. You can also check to see how many unconfirmed transactions there are, the more the longer it will take for your transaction to become confirmed. One block contains a group of Bitcoin transactions that have been confirmed.
In turn miners receive transaction fees and newly created Bitcoins for confirming transactions. Two Bitcoin exchanges based in the U. This refers to a way of storing Bitcoins in a safe and secure way, offline. This is also how the vast majority of Bitcoins LocalBitcoins hold on to are stored. For a Bitcoin transaction to be completed it needs to be confirmed. Good habits are to wait for at least confirmations before you can consider a transaction good. A confirmation happens when a transaction has been added to a block that Bitcoin miners successfully mine.
A hot wallet is located on a computer connected to the internet. At LocalBitcoins the hot wallet is where we store a small amount of Bitcoins at a time. We only keep a very small amount of Bitcoin here to protect ourselves from hackers. This is what Bitcoin Miners do in order to confirm transactions and add them to the blockchain.
When a Bitcoin miner mines, he uses computers to do difficult calculations which answers are easily proven to be correct. This way, when a miner completes a calculation anyone can easily see that the miner has actually done work. This work can then be used to create a Bitcoin block.
What miners get in return from mining is new Bitcoins and transaction fees. Multisignature, often heard in combination with wallet.
A multisignature wallet is one that has several cryptographic keys concerned with it. Are you saying that people should pick less experienced traders that may screw things up or scam them? Anyone can create accounts and do a couple dozen fake trades or little trades to build up feedback so they can scam people. The 2 years and multiple trades with different people is the most important part. Make sure that you mark the payment as a service. This is an intangible and cannot be refunded.
If the other person does retract their payment, simply contact Paypal and advise them that the transaction was for an intangible object and is not eligible for refund, the funds will be placed back into your account and Paypal will deal with them. Hello Beetle and thanks for the comment. Amateur traders like yourself often mistakenly think that. All the scammer has to do is tell Paypal the transaction involved bitcoin and they will reverse it.
There are two Paypal rules that cover this. More info for you here https: Wonderful staff and good advise I want buy bitcoin but I was just wanted to find out info before I do the purchase as there is a lot scums.
Pick based on their history. If you advertise in the forums many of the responses will be from scammers. Do not respond to ads in the forums. Most are spammers or sellers with dubious reputations that cannot get business any other way. LBC does have horrible customer service but their automated escrow system is there to protect you. Once the seller has responded they are ready to trade, send your payment info through the message box of the trade you started.
Do not send your payment information any other way! Do not email your payment information Do not text your payment information Do not call anyone and give them your payment information over the phone.
Mark your payment as made. Do not do this until you have sent the payment. If you mark the payment as made before sending your payment or to keep the trade open, the seller will likely block you and leave you negative feedback. If you have sent payment information do not cancel the trade. Localbitcoins wallet system protects you as long as you have 2FA turned on.
Do not send bitcoins to any other wallet address than the one you own. If they ask for it they are likely trying to scam you.