2

So I bought a full btc off of localbitcoin with amazon giftcard code. I sent the code and clicked that payment was completed. It's been about 2 hours. About 1 hour since he said that he sent the btc. I'm wondering if I got ripped off? I'm not showing any transaction in the block chain and it's definitely not in my wallet. Please help? What's going on?

  • I agree with Wizards answer.I as well have never had a problem with Local Bitcoins but escrow is there to protect you.Never release funds until you recieve your BTC. – Dale Jeffery Hefferton May 26 '15 at 19:00
2

LocalBitcoins uses escrow. If you've released payment and not received the Bitcoin all you need to raise a dispute. If you've already finalised the purchase and the Bitcoin isn't in your LocalBitcoins wallet then there's very little that can be done.

To clarify: did the Bitcoin ever get credited to your LocalBitcoins wallet? If not, raise a dispute ASAP.

I've never had issues with LocalBitcoins but I've never ventured outside of escrow or used gift cards.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.