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LocalBitcoins buy sell cryptocurrency review

LocalBitcoins

LocalBitcoins
8

Rating

8/10

    Pros

    Cons

    LOCALBITCOINS INTRODUCTION

    LOCALBITCOINS website  is a person-to-person bitcoin trading site.
    At this website, 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

    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

    LOCALBITCOINS INFORMATIONS

    PRIVACY
    LocalBitcoins is private and does not require I.D. verification or any personal information besides and email address to signup. While LocalBitcoins itself does not require personal details, some buyers or sellers may request identification before making a trade.

    LIMITS & LIQUIDITY
    There are no limits, but it may be hard to buy large amounts of bitcoin.

    TRANSACTION SPEED
    The speed at which your bitcoins are available will depend on payment method.

    REPUTATION
    LocalBitcoins was one of the first P2P Bitcoin exchanges, and the largest one today.

    FEES
    LocalBitcoins charges a flat 1% fee on all trades.

    PAYMENT METHODS ACCEPTED
    LocalBitcoins users are free to accept any payment methods. The payment methods available to buyers will depend on what’s available in your area.

    SUPPORTED COUNTRIES
    United States, United Kingdom, Canada, Singapore, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland

    LANGUAGE
    English

    SUPPORTED COINS
    BITCOIN

    WALLET APPS
    NO APPS

    WEBSITE
    localbitcoins.com

    ADDRESS LOCALBITCOINS
    Vanha Talvitie 11 C, 5th floor
    00580 Helsinki
    Finland

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