Is Local Bitcoin Trade 24 Hours

Is local bitcoin trade 24 hours


Crypto Assets Trade 24/7 – And That Changes More Than Uptime


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FAQ conflict, what is the correct time period for a dispute?


Thu, 10 Sep 2015 19:11:58 GMT

The reason I ask is the seller has not logged in for over a day, though the transaction is a few hours less than 24 hours old.

Not being used to Bitcoin transactions I feel that 1300 minutes is a rather long time for a payment to be verified. Payment was made in the 90 minutes requested by the seller.

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FAQ ENTRY: I made my payment to the seller an hour ago and have not received my Bitcoins yet.Is this normal? The sellers usually release Bitcoins as soon as they see your payment. Sometimes there can be unexpected delays with bank transfers and other online payment methods.

Is local bitcoin trade 24 hours

You can keep touch with the Bitcoin trader in your profile Dashboard. You find your old Contacts there, grouped by Active (open trades), closed and cancelled.

Is local bitcoin trade 24 hours

You can still message the seller even if you cancel your trade. If it is an online trade, there is nothing to worry about, since the escrow will be automatically enabled.

Getting started

The page will clearly indicate the status of the escrow. If you are buying Bitcoins online, you can start a dispute after 24 hours if you have marked the payment completed but n ot received your Bitcoins. If you are selling Bitcoins online, you can start dispute after 72 hours. In case you trade with a new buyer who has zero feedback, the dispute can be started 6 hours after the payment was marked complete.

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The time in all cases is counted from when the trade was opened. Once you've initiated the dispute: support is automatically contacted and will resolve it.

How To Buy/Sell Bitcoins On LocalBitcoins

Directly conflicts with.... FAQ ENTRY: Starting Disputes If there are issues with a trade and it cannot be properly cancelled or finished you can start a dispute. It’s possible to initiate a dispute only for trades where escrow protection has been enabled. Escrow is always enabled for all online advertisements.

Is local bitcoin trade 24 hours

Once the dispute has been initiated a LocalBitcoins support person is notified and will resolve the dispute. Disputes are always specific to a trade where you are an involved party. If you are buying Bitcoins online, you can start the dispute after 72 hours if you have marked the payment completed. If you are selling Bitcoins online, you can start the dispute after 24 hours.

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After the payment window ends a 'Start dispute’ button appears on the contact page. A dispute can no longer be started if the Bitcoins have been released from escrow.

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The Bitcoin seller should never release escrow if the payment has not cleared.


Fri, 11 Sep 2015 06:53:24 GMT

That's definitely an error in our FAQ. I will correct it. For buyers the time limit is 24 hours and for sellers it's 72 hours.

Is local bitcoin trade 24 hours

This will, however, be changed really soon to much shorter times.


Fri, 11 Sep 2015 09:56:10 GMT

Thank you for the Reply. In that case you will want to update the transactions page timer too. It is saying I need to wait another 48 hours to get your attention on the one trade I am allowed to initiate as a new user. The seller has logged in a few times, yesterday and over an hour ago today.

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I'm not completely worried yet since the Escrow obviously has the BC to cover the transaction. For a first time user it is vexing to purchase from a Pro Trader whom you say has an has response time average of 343 minutes and a mean of 49, This transaction is currently over 2100 minutes.

There has been no response from the seller to messages. You shouldn't need to get involved in Pro Trader trades.

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Perhaps Pro Trader status could have a prerequisite of having certain response times, or stated information on the seller's page for when they would be checking and confirming transactions to keep the process moving.


Thu, 15 Dec 2016 11:48:29 GMT

Hello max, I have a disputed transaction pending and its not allowing me to start up another trade


Thu, 15 Dec 2016 11:49:47 GMT

I need know how soon will the dispute be resolved


Thu, 15 Dec 2016 11:53:02 GMT

Have patience and wait for the time the dispute agent has given you to elapse.

We resolve disputes whenever the dispute agent is sure the situation is resolved, we don't resolve disputes after a specific amount of time.


Thu, 15 Dec 2016 11:53:54 GMT

Ok, he gave me 12 hours.

Is local bitcoin trade 24 hours

Thank you


Sun, 06 Aug 2017 16:46:42 GMT

helo i been scamed please somone guide me please its my first time im using localbitcoin


Tue, 03 Oct 2017 08:23:09 GMT

hello please help me i have this trade dispute with a trader and the admin have not slove the problem now for more than 24 hours


Tue, 23 Jan 2018 23:23:37 GMT

I disputed a trade transaction pending , how will I get my bitcoin back?


Thu, 01 Feb 2018 06:37:04 GMT

I paid a seller and did all what he asked me to, including sending a selfie with my id and receipt.

But however he refuses to even respond to my message anymore, neither release my BTC, i hope this is not a fraud, cus i paid cash deposit, and a cash transaction can be verified immediately. Please I need this checked into, and my btc release to me.

Cus all evidence is on transaction Contact #18564868


Fri, 23 Feb 2018 07:32:45 GMT

Hello I have disputed a trade and received an e-mail can I trust it is from the localbitcoin, even the English isn't correct. The buyer marked the payment complete and didn't pay and the buyer has my email also. In the e-mail, it says I have to release the BTC for it to be credited back to my account.