Local bitcoin trade
Please verify you are a human. The service allows users local bitcoin trade set up trades by posting advertisements where they state the exchange rate, payment method s and other terms for buying or selling Bitcoins. Other users can then reply to these advertisements and the parties can agree to meet to local bitcoin trade Bitcoins with cash, or trade directly with online banking or any another available method.
All trades on this site are concluded solely between users of the service, and while LocalBitcoins. It is important to us that you, and our other users, have the best possible time while using our site and services, and that when you use this site you are fully aware of your respective legal rights and obligations.
For that reason, we have created these Terms of Service as the legally binding terms to govern your use of this site and our services. Please read local bitcoin trade Terms of Service carefully before using the site because they affect your legal rights and obligations.
Your use of the services will be governed by this Agreement, along with the LocalBitcoins. Please read this Agreement carefully local bitcoin trade using LocalBitcoins. By using the services, you agree to local bitcoin trade bound by the terms and conditions of this Agreement.
If you do not agree with any of these Terms of Service please do not use this site. By using this site or our services you will be deemed to have irrevocably agreed to these terms and conditions. Please note that these Terms of Service may be revised and reissued without notice at any time. You should visit this page regularly, and before engaging in any trades in particular, to review the current Terms of Service, since your continued use of the site will be deemed as an irrevocable acceptance of any revisions.
Notwithstanding the above, we will strive to notify you of any changes to these Terms of Service which significantly affect your rights and obligations. Such notices local bitcoin trade be sent to the email address you have provided us through your account settings, and local bitcoin trade is your responsibility to keep local bitcoin trade contact information up to date.
Services provided by LocalBitcoins might not be legally allowed in certain jurisdictions. Local bitcoin trade accepting these terms and conditions you confirm that you are not a resident of a such jurisdiction, including, but not limited to the Federal Republic of Germany as well as the States of New York and Washington in the United States of America. To use our services, or to access local bitcoin trade site or some of the resources it has to offer, you may be asked to provide registration details in order to register a user account " account ".
It is a condition of use of this site and our services that all the details you provide are correct, current, and complete. If we believe the details are not correct, current, or complete, we have the right to refuse you access to the site, or any of its resources, and to terminate or suspend your account. You may only act on your own behalf.
Your account may not local bitcoin trade used to act as an intermediary or broker for any person or entity. You may only use your own account to trade at LocalBitcoins.
You are responsible for maintaining adequate security and control of any and all IDs, passwords, personal identification numbers PINsor any other codes or credentials that you use to access the services. You are not allowed to sell, borrow, share or otherwise make available your account or any detail necessary to access your account to people or entities other than yourself. Your account must not contain misleading or fraudulent information, including, but not limited to having a non-personal phone number, creating fake reputation information for your local bitcoin trade, faking your country of origin local bitcoin trade providing fraudulent identification documents.
We may at any time require you to complete our ID verification process and may also require you to submit additional local bitcoin trade documents to us if we deem it necessary. Failing to complete ID verification will be considered a violation of this Agreement. With a registered account you can create Bitcoin trade advertisements " advertisement " or " local bitcoin trade " or " ads " to advertise that you are purchasing or selling Bitcoins.
You may initiate Bitcoin trades " trades " by contacting advertisements created by other users or wait for users to initiate trades with you by contacting ads created by yourself. The terms of trade as determined by the advertiser are valid in all cases except when the terms contradict these Terms of Service or are illegal or if both parties of the trade consent to alter the terms of trade.
The price or price equation that is defined in the advertisement must contain any and all fees that the advertiser requires the user initiating the trade to pay. After initiation of a trade the Bitcoin price is locked and cannot be changed or any additional fees added without consent from both parties of the trade and LocalBitcoins.
Bitcoin advertisements must be placed in the correct payment category. If a category does not exist for the local bitcoin trade method, it must be placed in the Other category. Valid payment details must be provided through the LocalBitcoins trade system. It is a violation of these Terms of Service to provide payment details through other communication channels.
Bitcoin is held in escrow during the whole trade process until the seller has confirmed the receipt of payment in full. Buyers must be able to, upon our request, provide adequate proof of payment for up to days after the trade has been completed.
Local Cash advertisements are advertisements in the categories "Buy Bitcoins locally" and "Sell Bitcoins locally" or any other advertisement where the payment method is specified as cash or where the advertisement type is local sell or local buy. Online advertisements are advertisements in the categories "Buy Bitcoins online" and "Sell Bitcoins online" or any other advertisement where the payment method is any other than cash or the advertisement type is online buy or online sell.
A user account can be verified as a company account. Accounts that are company-verified are allowed the following exemptions from these Terms of Service:.
A company may have several active user accounts at any time, provided they are all company-verified and operated by an employee of the company. Each company-verified account is personal to the employee operating it. A company may have local bitcoin trade advertisements from several accounts with the following exceptions:. If the buyer and seller are in disagreement over a trade, either party or LocalBitcoins may local bitcoin trade a dispute. Disputed trades are resolved by LocalBitcoins.
If the seller turns unresponsive, we will resolve the dispute to the buyer if we are confident that the seller has received valid payment from the buyer. If the buyer is local bitcoin trade, the seller may dispute the trade and we will resolve the dispute to the seller. After the trade has been released by the seller, cancelled by the buyer local bitcoin trade automatically cancelled due to not being local bitcoin trade as paid, the trade is considered finished and cannot be disputed, reversed or altered.
Providing fraudulent information or documents in a dispute or making false claims or otherwise trying to force a certain outcome of a disputed trade is considered a violation of this Agreement. If payment local bitcoin trade are provided outside of LocalBitcoins, the dispute may be resolved without taking the payment details into consideration.
We use automated fraud and risk modeling when assessing the risk associated with your account, your ads and your trades. Our above right includes the right to limit access to your account balance for up to days, or even longer if pursuant to a court order or other legal process or obligation, or if you have not completed the additional identity verification measures we have requested from you, or if we have reason to believe that you do not have the right to access or control the account or the Bitcoin funds on that account.
If we determine that you have at any previous point in time violated this Agreement or any other agreement that you have entered into with us, we will immediately close, suspend or limit your account and Bitcoin balance. Although we reserve the right to terminate your use of the services immediately and without hearing you local bitcoin trade any of the above circumstances, we wish to deal with such situations in a fair and proportionate manner.
By using the services, however, you agree and acknowledge that this is not always possible and that we are not in any circumstance liable for any local bitcoin trade, losses, expenses or harm resulting from the use of our rights under this Section. Such fees may include e. In addition, the fees may include percentage-based fees for merchant invoicing services deducted from the paid invoice amount as well as hourly fees for any custom work you decide to order from us.
Any amounts charged by us will be displayed to you on our site prior to the transaction, submission of advertisement or other action or service on which the fee is based. By engaging in or ordering any of the afore-mentioned actions or services you will be deemed to have irrevocably agreed to the applicable pricing.
In any case, we will strive to communicate our decisions concerning any significant new forks or cryptocurrencies on our website reasonably in advance. If we decide not to support a new cryptocurrency, we may decide, but are not obligated, to compensate customers who held Bitcoin on their LocalBitcoins account at the time of the air-drop in a manner deemed appropriate by us, such as by converting all of the available new cryptocurrency to Bitcoins and sharing all of the converted Bitcoins between the users who held a Bitcoin balance on their accounts at the time of the creation of the new cryptocurrency.
In such cases, we have the right to charge you a processing fee for local bitcoin trade conversion in any amount deemed reasonable to us in our sole discretion but not exceeding the amount of compensation payable to you.
If we decide to support a new cryptocurrency, unless otherwise communicated by us, these Terms of Service, including any reference to Bitcoin, shall be equally applied to the new cryptocurrency. In order to handle a blockchain fork in a way that ensures the local bitcoin trade and reliability of our services, we may deem it necessary to temporarily suspend the services.
In such cases, we will resume the services as soon as reasonably possible in our discretion. We cannot guarantee that the decisions we take under this Section will be suitable, desirable or practical to you. If you are concerned about our decisions, stances or the lack thereof regarding any given blockchain fork or new cryptocurrency, we recommend that you withdraw your balance and handle the situation on your own as you see fit.
We are not in any circumstance liable for any damage, losses, expenses or harm resulting to you from the use of our rights under this Section. Without limitation, you agree not to, and not to encourage or allow any other user of the services to. Any passwords used for this site are for individual use only. You shall be responsible for the security of your password if any.
If you use a password that LocalBitcoins. The use or distribution of tools designed for compromising security e. If you become involved in any violation of system security, LocalBitcoins. LocalBitcoins may remove or modify any content without notice or liability at any time in its sole local bitcoin trade. Any use of the messages, feedbacks, advertisements or any local bitcoin trade content on this site will be at your own risk and will be subject to the disclaimers and limitations on liability set out above.
Please act responsibly when using this site. You may only use this site and its contents for lawful purposes and in accordance with local bitcoin trade law and you are prohibited from storing, distributing or transmitting any unlawful material through this site. You agree that if a third party claims that material you have contributed to the site is unlawful, you will bear the burden of establishing that it is lawful.
You understand and agree that all materials publicly posted other than by LocalBitcoins. This site may link you to other sites on the Internet.
These sites may contain information or material that some people may find inappropriate or offensive. These other sites are not under the control of LocalBitcoins. The inclusion of such a link does not imply endorsement of any site by LocalBitcoins. LocalBitcoins Oy or LocalBitcoins. Payment method listings are visible on LocalBitcoins. Trademarks which might appear visible on LocalBitcoins. This site is owned and operated by LocalBitcoins Oy, a Finnish limited liability company.
You can contact us at any time. Please send us any questions, requests, general correspondence, or notices under or in connection with this Agreement, by contacting our support. Particularly in the case of sending any notices under local bitcoin trade Agreement, please ensure that you have received an acknowledgement from us, which we will aim to send to you within 5 working days of our receipt and should be retained by you. By local bitcoin trade the services, you agree that any notice, disclosure, agreement or other communication that we deliver to you electronically to local bitcoin trade email address you have defined in your account settings will satisfy any legal communication requirements, including that such communications be in writing.
You are permitted to use the site and our services local bitcoin trade as expressly authorized by us. We reserve all rights not expressly granted in and to this site, the services and the content on this site.
To the maximum extent permitted by applicable law, we make no warranties of any kind, whether express or implied, in relation to the site or the services, including but not limited to, implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security, accuracy, condition or completeness, or any implied warranty arising from course of dealing or usage or trade.
LocalBitcoins is a bitcoin startup company based in HelsinkiFinland. Its service facilitates over-the-counter trading of local currency for bitcoins.
Other users reply to these advertisements and agree to meet the person to buy bitcoins with cash [6] or local bitcoin trade with online banking. LocalBitcoins has a reputation and feedback mechanism for users and an escrow and conflict-resolution service. As of DecemberLocalBitcoins has aroundactive traders with a trade volume of 1,—3, bitcoins per day. LocalBitcoins was founded in June by Jeremias Kangas. He implemented an escrow system for the marketplace by the end of The website started generating revenue by early In Aprilthe company announced that it would begin mass-producing low-cost bitcoin ATMs.
In Februarytwo men from Florida were charged with violating state money laundering laws for using LocalBitcoins. The men were local bitcoin trade LocalBitcoins to advertise their services. In AugustLocalBitcoins said that 1. In Septemberaccess from Russia to LocalBitcoins was blocked by Roskomnadzorthe executive agency for telecommunications in Russia, after the finance ministry proposed criminalising the use of bitcoin.
In SeptemberLocalBitcoins announced that it will be compensating the users for their 'Bcash Holdings" and also stated that it wouldn't be supporting users who were local bitcoin trade with bitcoin balances at the time of the fork.
On 7 Decembernew user local bitcoin trade was briefly paused, as the site experienced record traffic. The website offers a service to facilitate the locating of other Bitcoin users can local bitcoin trade others for person to person trading of bitcoin. From Wikipedia, the free encyclopedia. Archived from the original local bitcoin trade Retrieved February 20, LocalBitcoins responded to the ban by instructing Russian users on how to local bitcoin trade the censorship".
The Forex Trading Course: History Economics Legal status. List of bitcoin companies List of bitcoin organizations List of people in blockchain technology. Retrieved from " https: Bitcoin companies E-commerce establishments in Finland Companies established in Views Read Edit View history. This page was last edited on 25 Aprilat By using this site, you agree to the Terms of Use and Privacy Policy. June [1] in HelsinkiFinland [2].