Rules & Regulations
- No direct or indirect personal attacks or insults will be allowed. Posts that antagonize, insult, belittle users or moderators will not be tolerated. Nor will racism, sexism, bigotry or foul language be accepted.
- No Bitcoin trades, or advertisements of any other kind may be posted to the forum.
- Posts talking about, referring to or suggesting tips etc. for illegal actions are strictly forbidden.
- Posts linking to copyrighted material or web pages containing guides on how to obtain or engage in actions which are illegal are strictly forbidden.
- Posts containing personally identifiable information (i.e. names, addresses, emails, phone numbers etc.) are not allowed.
- Posting links to phishing, scamming or hacking websites & guides is not allowed.
- Spamming the forums either with multiple topics or replies is forbidden.
- You are not allowed to ask for loans on the forums.
- Users who are found breaking the rules will have their posts removed and may have their Kacip.My account banned either for a time period or indefinitely.
How do I send Bitcoins and how can I pay with Bitcoins after buying them?
If you purchase Bitcoins using Kacip.My, the Bitcoins will appear in your Kacip.My Wallet. From there you can easily send the Bitcoins to other Bitcoin addresses. The vast majority Bitcoin services are compatible with each other, the same Bitcoins you buy from Kacip.My will work in your favorite online stores that accept Bitcoin, and also in local shops that accept Bitcoin.
To use your Kacip.My Wallet enter the receiving address, amount and your two-factor authentication code (if you have 2FA enabled) and click Send.
If you want to sell Bitcoins, you first need to transfer some Bitcoins to your Kacip.My Wallet. You can create multiple receiving addresses for improved privacy.
Please note that your Kacip.My Wallet cannot be used in a few specific situations. For example, you cannot use it with sites like satoshidice that returns Bitcoins to the sending address. Also newly generated Bitcoins from mining cannot be sent to your Kacip.My Wallet.
How do I receive Bitcoins to my Kacip.My Wallet?
In order to sell Bitcoins on Kacip.My you'll first need to send some Bitcoins to your Kacip Wallet. To do that you'll need a Kacip.My account, access to Bitcoins in another Bitcoin wallet and you need to know your Kacip.My receiving address. To find your Kacip.My receiving address you need to go to visit the Wallet page. The top of the page is divided in two parts allowing you to both send and receive Bitcoins.
Once you know your Kacip.My receiving address, you can go to your other Bitcoin wallet and use this address to send Bitcoins to your Kacip.My address.
Please note that the minimum you can send to your Kacip wallet is 0.0002 BTC. Bitcoin deposits less than that are not processed.
How long does it take to send or receive Bitcoins to my LocalBitcoins Wallet?
Transactions take between 10-60 minutes when you are sending Bitcoins to your Kacip Wallet or when your sending Bitcoins out from your Kacip Wallet. Transactions between Kacip Wallets is instantaneous.
I've waited 60 minutes and my transaction is still pending, now what?
The Bitcoin network might be experiencing congestion, in this case transactions will take much longer to go through.
Bitcoin transactions have to be confirmed by the Bitcoin network. When a transaction is made it gets sent into a transaction pool from where it is bundled up into blocks that Bitcoin miners confirm through mining. Blocks get mined on average every ten minutes and only a finite number of transactions can fit into each block. Sometimes blocks can take much longer or much less time to mine. On rare occasions there can be several hours between successfully mined blocks. This means that the pool of unconfirmed transactions grows larger than what can fit into a single block, making it take a long time for transactions to become confirmed. Once the transaction has been included in a block and has been mined, it has been confirmed once. When the confirmation count of the transaction reaches a certain threshold, usually 3-6 confirmations, the transaction appears in the receiving wallets. You can read more about confirmations on the Bitcoin Wikipedia and you can see the current number of unconfirmed transactions on the Bitcoin network here.
To check the status of your Bitcoin transaction
You need to know the transaction id (TX ID) or the receiving wallet address (looks like: 1JF7RrjBzmVymz3cFeGWA7iVg3y6UXxyg) and the amount of Bitcoins transferred. On Kacip.My you can get the transaction information from your wallet transaction history after you have made the transfer.
Type in the receiving address or the transactions ID (TXID) into the Search field. Use the Bitcoin amount to quickly identify transactions if the receiving address has several transactions incoming. Click the transaction to view more information about it Look for where it shows you how many confirmations the transaction has.
If your transaction has...
...more than six confirmations: the receiving wallet should have received the transaction. Please contact the provider of the receiving wallet if the transaction still does not appear in the receiving wallet.
...0-6 confirmations or unconfirmed: the transaction has left the sending wallet and is still under way.
...you cannot find the transaction: the transaction never left from the sending wallet. Contact the provider of the sending wallet. Currently the minimum amount you can send to kacip is 0.0002 BTC. Bitcoin deposits less than that are not processed.
I don't have a mobile phone. Can I still buy and sell Bitcoins?
You can buy Bitcoins without having a mobile phone, but you will be limited to which advertisements you can reply to. By verifying your phone number with Kacip increases the number of advertisements that you can contact.
I can't verify my ID with your system. Can I still buy and sell Bitcoins?
You can still buy Bitcoins without verifying your ID, however, please note that many of our traders do require you to perform an ID verification before buying, though this requirement does change from country to country and trader to trader.
When you verify your ID you get access to many more advertisements and better prices, it's well worth the inconvenience.