How do refunds work?

A refund is a transaction that puts Lykke coins back into your multisignature wallet. After each new trade or deposit, Lykke signs an equivalent transaction off the blockchain and sends it to your email address. After a 30-day waiting period, you can broadcast this transaction. The refund transaction becomes invalid if a trade expends the same amount as the multisignature address.

 

Currently, we offer refunds for bitcoins only. Colored coins like fiat currencies, Solarcoin, and so on, are not supported.


For more information on refunds, please see our Terms of Use.

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