LocalBitcoins

What is LocalBitcoins?

LocalBitcoins is a person-to-person bitcoin trading platform that enables users from different countries to exchange their local currency for bitcoins. The platform allows users to post advertisements stating their desired exchange rate and payment methods for buying or selling bitcoins. Users can browse these advertisements, select a trader with a high trade volume and good reputation, and agree to meet the trader in person or trade directly through online banking to complete the bitcoin purchase or sale. LocalBitcoins provides a free online bitcoin wallet, allowing users to securely store their bitcoins after a transaction. The platform also offers a dashboard for users to view all their trades, and a feedback system that allows traders to rate each other based on their reliability and trustworthiness

Highlights

• Person-to-person bitcoin trading platform to exchange local currency for bitcoins
• Allows users to create advertisements with their desired exchange rate and payment methods
• Provides a free online bitcoin wallet for storing purchased bitcoins
• Offers a dashboard for users to view all their trades
• Includes a feedback system for traders to rate each other's reliability and trustworthiness