how do i find out if i have bitcoins

What is LocalBitcoins.com?

LocalBitcoins is a peer-to-peer Bitcoin exchange. We are a market where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the toll and the payment method they want to offer. You can browse our website for trade advertisements and search for a payment method you adopt. You will find traders buying and selling Bitcoins online for more than than sixty unlike payment methods.

If you lot're new to LocalBitcoins and desire to buy Bitcoins, delight take a wait at our how to buy guide to learn how to buy Bitcoins.

If you still don't accept a LocalBitcoins account, you can learn how to create one in simply a few minutes watching the video below

How do I buy or sell Bitcoins?

To help yous get started with your first Bitcoin trade we've made two short guides to answer all your questions.

If you are looking to buy bitcoins please take a await at our how to buy Bitcoins guide.

If yous are looking to sell bitcoins please take a look at our how to sell Bitcoins guide.

How am I protected from being scammed?

All online trades are protected past escrow. When a merchandise is started the amount of Bitcoins for the trade is automatically reserved from the seller'due south LocalBitcoins Wallet. This ways that if the seller runs abroad with your money and does non release your Bitcoins LocalBitcoins.com support can release the Bitcoins to you from escrow. If you're selling Bitcoins, never release the escrow before yous know that you lot have received money from the Bitcoin heir-apparent.

Tin can I buy less than i Bitcoin? How much does a Bitcoin price?

Next to each advert on the website the price of a Bitcoin for that advertisement is shown as currency per Bitcoin. For case, if we are buying Bitcoin with the currency United states dollars the price would be shown every bit 10420 USD / BTC. This means that if I wanted to buy one Bitcoin it would cost me 10420 US dollars.

Tin can I purchase less than 1 Bitcoin?

Absolutely! In each ad you see what's chosen limits. That shows you the least and the well-nigh amount of Bitcoins that you tin can purchase from that advertisement.
One Bitcoin can exist divided into much much smaller pieces, the smallest piece is called 1 satoshi and is the same every bit 0.00000001 BTC.

Why is information technology so expensive to buy with Paypal? or Credit card? Why are some payment methods cheaper?

One of the best features of Bitcoin is that it gives you control over your money, just it'due south also this feature that makes it very unlike from traditional money. Bitcoin transactions are irreversible, nearly traditional payment methods tin be charged back. This creates take chances for the person selling the Bitcoins, as PayPal or a banking concern can have the money someone paid him out of his business relationship after he has sent away the Bitcoins. That is why traders need to have a high toll for certain payment methods, to protect themselves against this risk.

That is why we recommend for you lot to get the best price to pay using a hard to reverse payment method, such as Greenbacks Deposit, depository financial institution transfers and mobile payments (Similar Qiwi in Russia). When you search to purchase Bitcoins, select All online offers as a payment method and y'all will see offers for all payment methods and you can cull one that is convenient for you and offers a better price.

What happens when I pay, and the seller doesn't give me my Bitcoins? All our online trades are protected with escrow to prevent this from happening. When the trade is started, the Bitcoin amount for the trade is taken from the sellers wallet and is held by LocalBitcoins for the entire time of the trade. If the seller is trying to scam you, it's like shooting fish in a barrel for you to open a dispute on the trade and our support staff will contact you to ask for proof that yous have paid and then give the Bitcoins to you.

How do I transport Bitcoins and how can I pay with Bitcoins after buying them?

If you buy Bitcoins using LocalBitcoins.com, the Bitcoins will appear in your LocalBitcoins Wallet. From there you can hands ship the Bitcoins to other Bitcoin addresses. The vast bulk Bitcoin services are compatible with each other, the aforementioned Bitcoins you buy from LocalBitcoins will piece of work in your favorite online stores that accept Bitcoin, and also in local shops that accept Bitcoin.

To transport Bitcoins from your LocalBitcoins Wallet enter the receiving accost and the amount yous wish to transport and click continue.

On the following folio review the details, and enter your password (and your two-factor hallmark code, if you have 2FA enabled) to send the transaction.

Please notation that your LocalBitcoins Wallet cannot be used in a few specific situations. For case, you cannot use it with sites like satoshidice that returns Bitcoins to the sending address.

How do I receive Bitcoins to my LocalBitcoins Wallet?

In order to sell Bitcoins on LocalBitcoins.com you'll outset need to send some Bitcoins to your LocalBitcoins Wallet. To do that yous'll need a LocalBitcoins.com account, admission to Bitcoins in another Bitcoin wallet and you need to know your LocalBitcoins.com receiving accost.

To find your LocalBitcoins.com receiving accost y'all demand to go to visit the Wallet page and click the Receive Bitcoins push.

At the height of the page yous'll find your receiving address. Please note that your receiving accost changes later each transaction. We do this to protect your privacy. Your old receiving addresses volition eventually expire. The expiring time for receiving addresses is 12 months.

In one case you have your LocalBitcoins.com receiving address, you lot tin go to your other Bitcoin wallet and utilise this address to send Bitcoins to your LocalBitcoins.com address.

Please notation that the minimum yous tin send to your LocalBitcoins wallet is deposit fee. Bitcoin deposits smaller than that are not processed and cannot be recovered as they are used to pay the fee.

How long does it take to transport or receive Bitcoins using my LocalBitcoins Wallet?

If all goes well Bitcoin transactions sent with the correct fee accept between 10-60 minutes when you are sending Bitcoins to your LocalBitcoins Wallet. If your transaction is taking longer than this, please check that the fee is correct.

Transactions betwixt LocalBitcoins users are instantaneous.

Transactions you send from your LocalBitcoins wallet are sent with a high priority fee to ensure they confirm within approximately thirty minutes (within the next three blocks).

I've waited threescore minutes and my transaction is still pending, at present what?
Your Bitcoin transaction was most likely sent with a fee that's too depression or the Bitcoin network might exist experiencing congestion, in this case transactions volition take much longer to become through.

Bitcoin transactions have to be confirmed by the Bitcoin network before they are usable from the wallet they are sent to. You can read more about confirmations on the Bitcoin wikipedia.

To cheque the status of your Bitcoin transaction

You need to know the transaction id (TX ID) or the receiving wallet accost (looks like: 1JF7RrjBzmVymz3cFeGWA7iVg3y6UXxyg) and the corporeality of Bitcoins transferred. On LocalBitcoins.com you tin can get the transaction information from your wallet transaction history page afterwards you have sent the transaction.
Become to Tradeblock.com.
Blazon in the receiving address or the transactions ID (TXID) into the Search field. Use the Bitcoin amount to quickly place transactions if the receiving address has several transactions incoming.
Click the transaction to view more information well-nigh it
Look for where it shows you how many confirmations the transaction has.

If your transaction has...

...more than six confirmations: the receiving wallet has received the transaction. Delight contact the provider of the wallet if the transaction notwithstanding does not appear in the receiving wallet.
...0-half-dozen confirmations or unconfirmed: the transaction has left the sending wallet and is still nether way.
...you cannot notice the transaction: the transaction never left from the sending wallet. Contact the provider of the sending wallet.

I don't have a mobile phone. Tin can I still purchase and sell Bitcoins?

You can buy Bitcoins without having a mobile phone, but y'all will be express to which advertisements y'all can reply to. Past verifying your phone number with LocalBitcoins increases the number of advertisements that you can contact.

What is the greenish dot adjacent to usernames?

Side by side to usernames on the front folio and on user's public profile you can find a small green, yellow or grey dot. This dot shows how quickly the trader will ordinarily reply to trades.

A green dot means the user replies within v minutes to trades.
A yellow dot means the user replies within 30 minutes to trades.
A grey dot means the user takes longer than 30 minutes to reply to trades.

The response time is calculated from the median reply time of all trade of a user from the past xxx days.

A trader is asking me for my ID, and I don't experience comfy.

Sometimes a trader may ask for your ID. If y'all are trading for the first time with a trader he/she may ask for you lot to place yourself, even if you've already verified your ID with LocalBitcoins. This is considering in sure countries sellers are required past local laws to know who their customers are. Near sellers explain in the terms of the merchandise if they require ID verification or not.

If you do non wish to give the seller your ID, you lot 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 merchandise chat messages are kept encrypted on our servers. All photographs sent to the trade chat is likewise marked with a watermark to prevent misuse of the images.

I've paid the seller but I haven't received my Bitcoins yet. Is this normal?

The sellers usually release Bitcoins as soon as they run across your payment, which tin can sometimes take an hour or 2. If you've paid just are still waiting there is nothing to worry well-nigh, for all online trades are protected by escrow and the seller cannot run abroad with your Bitcoin.

If there are whatsoever issues with a trade and the seller won't release your Bitcoins, yous can dispute the trade to have LocalBitcoins support resolve it.

If y'all are buying or selling Bitcoins online, you can dispute the trade subsequently 1 60 minutes if you lot accept marked the payment completed.

A dispute can no longer be started if the Bitcoins have been released from escrow.

When a trade you're involved in becomes disputed, yous'll receive an SMS notification and an email, in nearly cases simply starting the dispute is enough to go the attention of your trading partner. A disputed trade is usually resolved within 24-48 hours.

Why can't I ship all the Bitcoins that are in my wallet?

We reserve a small amount of Bitcoin from your wallet balance to pay the Bitcoin transaction fee to the Bitcoin network. Each Bitcoin transaction has to pay a pocket-size fee to the network to be confirmed no matter from where it'southward sent. Nosotros reserve this fee in advance to prevent your wallet residue from becoming negative. You lot can notice a listing of all of our fees on our fees folio.

I've made my payment, merely I forgot to press the I take paid button or I did not press it in time

This answer concerns the example when y'all are buying Bitcoins online.

Later you send in a merchandise request to the seller of Bitcoins, you have a time window to complete the payment earlier the trade is automatically canceled (the payment window varies depending on the payment method of the trade). During this time you need to consummate your payment and press the I have paid button. The seller is notified that you've fabricated the payment and the Bitcoins volition be held in escrow until the seller releases them for y'all when seeing the payment in his/her account.

If y'all paid for the buy, but did non mark the payment complete before the payment time window expired, please contact the seller through the merchandise. The Bitcoin seller has functionality to Reopen the purchase, this likewise re-enables escrow. You lot can contact the seller and your other existing trade contacts from the Dashboard in your LocalBitcoins User Profile. Transport a bulletin to the seller and kindly explain the situation and why yous couldn't complete payment within the time window.

If the seller does not reply to this request delight contact LocalBitcoins.com back up using the Support request course and mention your merchandise contact id number.

There are outgoing transactions from the Bitcoin accost from where I sent my Bitcoins that aren't by me!

LocalBitcoins Wallet is a web wallet. Sending and receiving transactions are not connected to each other. If yous are looking at your LocalBitcoins.com Bitcoin address on Tradeblock.com or from whatever other block explorer yous will see transactions that don't vest to you.

This is how spider web wallets operate. Y'all cannot brand connections with incoming and approachable transactions for the aforementioned Bitcoin address.

I sent Bitcoins to the wrong address, tin can I get them back?

Bitcoin transactions are irreversible, once you lot've sent coin to another Bitcoin address it is not possible for you or LocalBitcoins.com to reverse it. To go your Bitcoin back you can try to notice the owner of the accost and ask them to return the Bitcoin to you. From where did you become the address where you sent the Bitcoins to? You tin endeavor googling the address to see if is related to any Bitcoin service that has contact details or you tin endeavor using a service such as wallet explorer to see if the wallet is tagged as belonging to a Bitcoin company.

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 tin exist sent to addresses which are inactive or not controlled by anyone.

I'g not receiving any emails, what can I do?

If yous're not receiving emails from LocalBitcoins, at that place 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 cake emails from a certain domain, you can try irresolute your email address to come across if it helps.
If you're nevertheless having bug receiving emails and tin't log in to your account you can contact back up past clicking here.

I'm seeing advertisements from the wrong land. How do I change my search location?

Below all the listings on the front folio you lot tin can find a locations search field, type in your location into the field (urban center, country) and press enter. After the page reloads you lot will see advertizement listings for your location.

How can I change the language of the website?

The LocalBitcoins website is currently available in English, Spanish, French, Italian, Russian, Brazilian Portuguese and Chinese.

You can change the language of the site from the footer, scroll downwards all the fashion to the lesser of the folio and click the text next to the earth under the heading Services to see a dropdown of the languages on offer.

I've forgotten my username

You can apply your email address instead of your username when you lot login. Just type it in the username field. If you've forgotten both yous can open upwardly a support ticket and we can help you with regaining admission to your account.

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 countersign which you accept used with LocalBitcoins, visit the support asking page and select the option that fits your state of affairs the near and fill out the form and nosotros can help y'all restore access to your business relationship.

How practice I re-activate Two-gene authentication using my backup code?

If you have simply bought a new smartphone or otherwise need to re-activate your Mobile based ii-gene authentication awarding you can follow these steps.
To re-activate your Ii-Factor authentication codes with Google Authenticator yous will need the backup lawmaking that you wrote down during the activation process.

Find your Two-factor authentication fill-in code from when you lot get-go activated two-factor hallmark.
Install and launch the Google Authenticator app on your mobile device.

Printing Begin setup.

Select the choice Enter a provided primal.
Enter LocalBitcoins as the account proper name.
Enter your Two-cistron authentication fill-in lawmaking in the key field.
Exit the dropdown as Fourth dimension based.

Press add to re-activate your Two-factor authentication.

Y'all can at present use the code the app displays to authenticate your LocalBitcoins account and log in.

If this did not work, or if you lot practice not have the backup code written downwards, you lot cannot re-activate your two-factor hallmark and must submit a two-gene authentication removal. You can find a link to submit it while logging in on the page that asks for your two-gene authentication lawmaking.

My phone number is verified with another user account

Your phone number can only be verified with 1 account. To utilize your phone number with a unlike account you must offset conciliate your phone number from the previous account. If y'all tin can't log in to your other account to remove your phone number please contact LocalBitcoins.com support and include the phone number in the ticket.

Address

A Bitcoin address looks like a long string of random letters and numbers. Addresses are used when you desire 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 requite the sender your receiving wallet address.

AML and KYC

Anti Coin Laundering and Know Your Customer is a group of laws in the United States that require Bitcoin sellers to know who their customers are. Certain sellers volition ask for your identification to comply with these laws. Other countries effectually the world may accept similar laws and requirements.

Bitcoin network fee

Since the Bitcoin miners work to confirm your transactions, they won't do this for gratis. Rather you pay a tiny amount of Bitcoin to them to help them continue to confirm. This is why each fourth dimension you move Bitcoin, it costs a tiny bit.

Blockchain

The Blockchain is the technology behind Bitcoins. It's what makes it work. Bitcoin transactions are sent to the blockchain and then 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.

Blockchain.info

Non to be confused with the blockchain, blockchain.info is one of many websites that work equally blockchain explorers. These websites allow you lot to 'run across' the blockchain and what's going on in it. In practical terms this lets y'all view your transactions and see if they are confirmed or not. Yous can also check to see how many unconfirmed transactions there are, the more the longer it will take for your transaction to get confirmed.

Bitcoin Block

A Bitcoin block is one "link" in the blockchain. 1 cake contains a group of Bitcoin transactions that accept been confirmed. When Bitcoin miners 'mine' these blocks they calculate through figurer algorithms which when put in the blockchain, confirms transactions. In plow miners receive transaction fees and newly created Bitcoins for confirming transactions.

BTC/Money

BTC is the acronym for Bitcoin. Coin, coins et. al. are also slang terms for Bitcoin.

Circle/Coinbase

Two Bitcoin exchanges based in the U.S. that require y'all to verify your identity before being allowed to trade, forth with other limitations.

Cold storage/Common cold wallet

This refers to a way of storing Bitcoins in a condom and secure way, offline. This is also how the vast majority of Bitcoins LocalBitcoins hold on to are stored.

Confirmation

For a Bitcoin transaction to be completed information technology needs to be confirmed. Good habits are to expect for at least 3-half dozen 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.

Exchange

An exchange is a platform/service where users tin change one type of currency for some other.

Fiat

Fiat comes from Latin and means "let it be done" or "it shall be". It'southward used as a term to mean all currencies that derive their value from governmental regulation or other central authorities.

Hot wallet

The opposite of a cold wallet / common cold storage. A hot wallet is located on a computer connected to the internet. At LocalBitcoins the hot wallet is where we shop a modest amount of Bitcoins at a fourth dimension. It'south from here where your transactions are sent. We only go along a very small amount of Bitcoin here to protect ourselves from hackers.

LBC

LBC is where you are, it's the acronym for LocalBitcoins :)

Mining

This is what Bitcoin Miners do in order to confirm transactions and add together them to the blockchain. When a Bitcoin miner mines, he uses computers to exercise hard calculations which answers are hands proven to be correct. This way, when a miner completes a calculation anyone tin can easily see that the miner has actually done piece of work. This piece of work can then be used to create a Bitcoin block. What miners get in render from mining is new Bitcoins and transaction fees.

Multisig

Multisignature, often heard in combination with wallet. A multisignature wallet is i that has several cryptographic keys concerned with it. This way if you have ii of three keys, say, you can motion money out of it. But with merely one you cannot do anything.

P2P

Peer-to-Peer. It's a form of network construction. Rather than having everything go via a centralized node, in a peer-to-peer structure everything goes from user to user. In that location's no centralized part to rely on.

Satoshi

A satoshi is the smallest amount of Bitcoin that can be sent, or 0.00000001 BTC.

Satoshi Nakamoto

The pseudonym of the person who invented Bitcoin. No one knows who he is, only he does ain quite a nice amount of BTC.

SEPA

Single Euro Payment Area, SEPA transfers are a special kind of bank transfers within the European union.

Transaction

A Bitcoin transaction, the actual act of moving Bitcoin from ane wallet to another.

txid

Transaction Id. This is a long string of numbers and letters that is the ID of a unmarried transaction. Information technology'due south handy to know every bit you can paste this into a blockchain explorer and see what's up with your transaction. It's mainly used to see how many confirmations a transaction has.

Wallet

The place where y'all store your Bitcoins. This can be quite confusing to new users, but a wallet is substantially merely a Bitcoin address. A Bitcoin wallet can exist on a service such as LocalBitcoins, in an app on your phone or computer, or fifty-fifty on a piece of paper! As it's just a serial of numbers and letters it does not matter where it's stored. It'due south completely OK to use your LocalBitcoins account as your wallet when you're however new. But when you kickoff to accumulate more than and more than Bitcoin you way want to think of different ways to store them.

Source: https://localbitcoins.com/faq

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