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Author Topic: Huge warning for localbitcoins.com!  (Read 2067 times)
acroman08
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November 18, 2016, 11:37:02 AM
 #21

Don't they have an option to change phone numbers through email verification?

I mean, instead of sending to the old phone number can't they just send to the registered email? What if the phone was lost/stolen? It wouldn't be a problem if the old phone was in a service but what if it was a prepaid sim? There are some countries where prepaid sims are used more often.

They should add an option of changing phone numbers via email verification.
And find a more reliable mail service.

when you sign up with localbitcoin they make you print a paper that has a master code on it..

this code will reset your password.. no questions asked. ive done it.. twice :/


I see. That's how it is, well, that's a pretty good method/security. That would be like 3-layers of
security then. Email , Phone, and the master code.

I guess OP must have lost this one as well.

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November 20, 2016, 11:10:49 PM
 #22

 when I sign up with localbitcoin I didn't got any  print a paper that has a master code on it from them!

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November 21, 2016, 07:43:02 AM
 #23

when I sign up with localbitcoin I didn't got any  print a paper that has a master code on it from them!

then you haven't enabled 2fa or they changed it, because when i synced up google authenticator the final step said print this page and keep this code.. it will reset your account if you lose your phone. and it does.

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November 21, 2016, 07:51:10 AM
 #24

I have transacted business on localbitcoins for over a year now. I have never had any issue with them. intact there was a time i was about to trade with a scammer and localbitcoins prevented me from releasing Bitcoins to him saying that he has pending complains. Therefore I really trust their security system.

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