LocalBitcoins.com Cryptocurrency Exchange Review

LocalBitcoins.com IS NOT A SCAM. It is a person-to-person bitcoin trading site. At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly. 

LocalBitcoins.com is de-centralized, embracing the nature of bitcoin.

On LocalBitcoins.com you are dealing with humans. Unlike centralized, stock-exchange-like, bitcoin trading sites, you make a trade directly with another person. This makes the process lean and fast, as there is no corporate overhead. You get your bitcoins instantly. Also, LocalBitcoins.com can support every payment method its user community supports. For every transaction, LocalBitcoins.com offers escrow or transaction service to protect the buyer of bitcoins.

Alt Coins Available For Trading:
     Bitcoin, Ethereum, Dash, Ripple, Litecoin & Monero

Deposit Types:
     Cash, Credit Cards, Debit Cards, Paypal, SEPA, Wire Transfer, Western Union, Moneygram, Gift Cards, Paxum, Payoneer, Paysafe Card

 

Fee Schedule:

Registering, buying, and selling cryptocurrency is completely free.

LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.

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Terms of Use and Privacy Policy Disclaimer: Most of the articles, ratings, and reviews are posted because we are compensated in some way.

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