Review on LocalBitcoins by Toprak Dere

Name: LocalBitcoins
Item: LocalBitcoins
Rating: 3

April 01, 2021

About LocalBitcoins

Cryptocurrency trading continues to grow and be adopted by offering modern and advanced functionality. With more exchanges and options put in front of traders, finding the exchange to trade can be a daunting task. To help you choose the right exchange, here's the summary of a reliable and stable exchange: LocalBitcoins.

LocalBitcoins provides a forum for sellers / buyers from all over the world to meet and trade Bitcoins. Localbitcoins, which have consumers all over the world, are distributed to 280 countries where active users buy and sell bitcoin.

Privacy: The only information required is an email address to sign up for an account. Personal authentication is not required and transactions can be performed directly with another user, not by a third party.
Payment Methods: LocalBitcoins users are free to buy and sell using a variety of payment methods. The payment methods available for buyers will depend on the location of the users.
Transactions: Transactions are processed through a range of procedures, including non-currency payment and communication between users.
Supported Countries: LocalBitcoins is available worldwide with vendor lists from over 248 countries. However, users in New York, Iran and Germany cannot take advantage of local bitcoin services.
Security: LocalBitcoins, Escrow service, Login Protection, 2FA etc. It allows safe trading through the use of various effective security measures.
Customer Support: LocalBitcoins has responsive customer support available 24/7. It also has a comprehensive FAQ page where answers to most questions can be found.

Unlike other exchanges that manually match buyers and sellers, LocalBitcoins allows users to connect directly. LocalBitcoins is a convenient platform to buy bitcoin when you can't find the payment methods you have requested elsewhere. 
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