Review on Bitcoin.com Local by Hassan Abdullahi
Don't trade here for now
Bitcoin dot com Local is a peer-to-peer trading system, it describes itself as a simple, transparent and a private platform to buy and sell Bitcoin Cash to fiat but there's no need for KYC. This is a decentralised platform and non-custodial as well, every trade you make is protected by an encrypted escrow, thus you can make safe transactions without any need to worry. The exchange markets the following as its advantages;
° Fast and easy signup within seconds- ease of use
° Privacy of personal details- No need for KYC
° Every transaction is protected by an encrypted blind escrow- Safety
° Full control over funds, even Bitcoin dot com doesn't have any control over your funds- Non-custodial nature.
I would have loved to trade here especially because of the feature it markets, but;
° Only Bitcoincash is traded here which means no liquidity
° The exchange is not all that popular
° The founders of this exchange are unknown
° the trading volume as well is unknown, hence the real liquidity of the exchange can't be determined.
° They are presently undergoing maintenance
Different languages are supported on this exchange, English, Spanish, Russian, Chinese, French, Portuguese. It's your choice to pick any language that suits you.
Pros
- The Exchange is under maintenance, no positive aspect to discuss
Cons
- All the negative aspects of the exchange has been listed in my review above
