LocalBitcoins
A Peer to Peer Bitcoin trading platform with an absence of KYC to buy and sell bitcoins. To point out, the works of LocalBitcoins follow Escrow Concept to trade bitcoins on this platform. On the other hand, it also aids over-the-counter (OTC ) trading of local or fiat currency for bitcoins.
LocalBitcoins lets you sell, buy and manage bitcoins on bitcoin wallet both in online and offline ie., hardware and software wallet storage available.
LocalBitcoins Clone Script
A website clone script which comprises of all the alive features and works as like LocalBitcoins Exchange. You can start your own bitcoin trading platform like LocalBitcoins with LocalBitcoin Clone Script.
How to Create a P2P Exchange Platform like LocalBitcoins?
Here is the working of LocalBitcoins. Have a Look
1. The initial step for the seller is to build an online sell bitcoin ad that lets him/her pick out payment methods, fix pricing and trade terms as a free message.
2. The next step after making the perfect ad is funding your wallet with required bitcoins and let the customer's trade request from your sell advertisement.
3. The required amount of bitcoin will be taken from your localbitcoins wallet for the trading process when a customer/buyer opens a trade from your advertisement with you.
4. Once the buyer pressed the I have paid button after the payment, then they will be notified through SMS and on the website through that signifies payment has been done.
5. The bitcoins from escrow transfers to the appropriate localbitcoins wallet buyer, when the payment confirmation SMS/Mail have received.
6. The final step lets both the buyer and seller to leave feedback. This is because feedback is more vital in order to acquire the repute of the buyer/seller as well as the exchange platform too.
Why LocalBitcoins Exchange?
I. Along with payment methods and trading rates, LocalBitcoins permits users to buy and sell bitcoins through the method of posting an advertisement.
II. LocalBitcoins accepts massive methods of payment where Cash Deposit is the most fabulous payment method.
III. Being a decentralized platform, it permits you to make trading directly with another person without the involvement of admin or third parties.
IV. LocalBitcoins endure more than 248 countries to Buy/Sell Bitcoins with their local currencies which do not require verification of KYC.
V. Apart from signup and login, LocalBitcoins does not require any other ID Verifications or any other KYC information verifications. In some cases, only some buyers or sellers may request identification before trading.
VI. No limits to buy and sell bitcoins. I.e. Users of LocalBitcoins are free to fix their own prices and limits for their trading.
VII. LocalBitcoins comprises of API that lets you make your own automated trading applications.
VIII. Dynamic pricing system with hundreds of sources that ensures the prices you made are always up to date.
IX. The most identifiable thing in the LocalBitcoins is a reputation that helps to pick out and filter trustworthy traders on the exchange.
X. With the adoption of Escrow protection, the trading services on LocalBitcoins remains the safest platform for both buyers and sellers.
Altogether, LocalBitcoins is one of the largest P2P Bitcoin Exchange Platform for easy and quick bitcoins transactions.
We, Osiz technologies, a leading crypto exchange clone script provider furnish the clone scripts of exchanges to start your crypto exchange.
With the wide payment methods, additional trading features, and much more trading features, we develop and deploy the best LocalBitcoins clone script.
Desiring to start your own bitcoin exchange platform like LocalBitcoins? Then, buy the LocalBitcoins clone script from us. Stay connected with our skilled professionals.
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