Post
Topic
Board Beginners & Help
Re: Cannot puchase Bitcoin.
by
nc50lc
on 31/05/2021, 03:50:44 UTC
Why are my BTC buy requests being ignored by the servers? I don't get it. Everything seems to be set up correctly.
I'm trying to buy though Electrum, but so far, no responders. I set up my wallet using the default setup and have tried different servers but nothing yet. the idea is to eventually use a coldcard.
You must be pertaining about Electrum's "Receive" tab.

Just like others' said, you cannot buy Bitcoins through Electrum directly.
More info for the receive tab: The requests you created using that tab only act as "invoices" so Electrum will know which addresses will be funded so you wont accidentally reuse an address for privacy reasons.
It'll also automatically include the description you input to the history tab when the invoice was successfully paid.
They have expirations because of the same reason so the address for the (unused) expired invoice can be used for a new invoice.