Author

Topic: Localbitcoin escrow (Read 947 times)

full member
Activity: 172
Merit: 100
July 12, 2013, 01:19:10 AM
#3
Check the escrow amount covered.  The seller sets this, s/he may only set a low amount for your first buy.

member
Activity: 77
Merit: 10
July 12, 2013, 12:50:38 AM
#2
The escrow timeout for online transactions is 90 minutes if payment is not made, so make sure that you pay via Dwolla and then mark the payment as complete within 90 minutes of requesting the trade. Once payment is marked complete, the bitcoins will stay in escrow until released by the seller (or by localbitcoins staff, if a complaint is filed and the buyer has proof of payment).
newbie
Activity: 40
Merit: 0
July 10, 2013, 02:17:44 PM
#1
ive never used localbitcoins.com and im trying to make a purchase of 3000usd and i was wondering if anyone has used their escrow system?

im a little iffy on making the transaction as i dont want get scammed.


has anyone made a purchase on there using their escrow and paying via dwolla? thanks.

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