Withdrawing from Localbitcoins

A

ardvark

Power Member
Joined
Aug 8, 2011
Messages
523
Reaction score
165
Hi guys.

I know Localbitcoins shut down, but they are still allowing old customers to withdraw remaining bitcoins.

Has anyone else withdrawn recently on android?

Im having problems with the Signiture box. The bitcoin receiving address is fine from Electrum.

Electrum gives a signature address but it gets declined on Localbitcoins. Just wondering if im doing this right or am missing something out.

Cheers
 
Advertise on BHW
How are you even accessing the wallet, their site has been down for years. I don’t remember them generating a pkey for each user but I might be off since I haven’t used them in what feels like aged.
 
umitrio said:
How are you even accessing the wallet, their site has been down for years. I don’t remember them generating a pkey for each user but I might be off since I haven’t used them in what feels like aged.
Click to expand...
The site is still live. I had an email from them saying i still had bitcoin on the platform.

I checked thinking it would be pennies, but its actually worth £2800.

0.5 bitcoin on there. I had a reply from their support as the withdrawal function was disabled, and they told me i had to email the Finnish Bureau Of Investigation as the they are being investigated for some customers for fraud and money laundering but should not affect alot of honest customers, so just hoping they will release the funds for me
 
double-check LocalBitcoins signing instructions and make sure electrum is using the required message format.
 
I don't think you can withdraw anymore local bitcoin was down for a lot of time. I think will simply not work. I try to get on localbitcoin but will not show even my account or balance..... how you plan to withdraw if the money /coins are not shown or is different on your side???
 
rgwadulw said:
I don't think you can withdraw anymore local bitcoin was down for a lot of time. I think will simply not work. I try to get on localbitcoin but will not show even my account or balance..... how you plan to withdraw if the money /coins are not shown or is different on your side???
Click to expand...
The website is wirking fine for me and shows my balance
 
That doesn’t sound right, the calculation you gave also doesn’t add up, 0.5 BTC is equivalent to about 40K USD, not 2.8k pounds.

Also, if they gave you a private key or seedphrase you’d be able to simply import that into whatever wallet supports BTC.
 
ardvark said:
The website is wirking fine for me and shows my balance
Click to expand...
From what country is your account ? I try from europe and is not working that is very wierd maybe for your location localbitcoin is still available for seeing the balance and withdrawn
 
I fixed it by opening Electrum and using Tools -> Sign/Verify Message on the exact receiving address, copying the signature and pasting it into the Localbitcoins signature field then confirming the withdrawal. Make sure the address matches the one shown in the withdrawal request.
 
I think the issue might be with the signature format rather than the receiving address. Make sure you're signing the exact message LocalBitcoins provides. Hope you get it sorted
 
The withdrawal works if you use Electrum's Sign/Verify Message tool on the exact address shown in the LocalBitcoins request and copy the resulting signature into the app; make sure you're using a legacy address because SegWit addresses are declined.
 
kokuya said:
Eh, I think you should recheck that. Because that amount of BTC is actually worth 10 fold that. :D
Click to expand...
Poor OP is owed money and he doesn't know how much it is xD. OP is it 0.5 BTC or 2.8k $ in actuality?
 
Make sure LocalBitcoins is asking for the correct type of message signature, not just an address. Electrum has different signing options, so checking their withdrawal instructions or contacting support would be the safest next step.
 
brutal mate, 2.8k stuck on a dead exchange and you need the finnish police to get it back. this is exactly why i keep everything in my own wallet now, exchanges die and your coins die with them. hope you get it sorted
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top