Www Localbitcoins Com Register

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LocalBitcoins is a P2P Bitcoin exchange. Buyers and sellers agree on trade terms, and LocalBitcoins is used as escrow.

We may receive compensation when you use LocalBitcoins. This post contains affiliate links. Disclosure.

Localbitcoins.com is a person to person bitcoin trading site that allows people from accross the globe to trade BTC with each other. Users are allowed to sell and buy through the placement of adverts on the site. You are able to buy bitcoin instantly through the online payment options. Read below more on how to register and start trading. How to Use LocalBitcoins.com? If you would like to buy Bitcoin on LocalBitcoins.com, then you will have to sign up for a user account first.All you need is an identity document and follow these simple steps: Open LocalBitcoins.com and click on the “Sign up free” tab.; Register a new account – enter your username, email and password. LocalBitcoins Clone script helps to build a effective peer-to-peer cryptocurrency exchange platform or trading website to make cryptocurrency or fiat currency transactions. Our Local Bitcoins Clone Script is 100% secure, reliable and fully potential trading experience will be identified in your crypto exchange platform.Our localbitcoins clone software is built with various types of. Please enter the 6-digit verification code.

Buy Bitcoin at LocalBitcoins

LocalBitcoins is a global Bitcoin exchange that gives a lot of options to its users.

Before getting into the details, here are some good and bad things to know about LocalBitcoins:

• LocalBitcoins is one of the most private ways to purchase bitcoins
• In some countries it is the only way to buy bitcoins
• It allows you to buy bitcoins with many payment methods

• There are many scams and you need to use caution

limits and liquidity: How Much Are You Buying?

LocalBitcoins itself does not impose any limits on its users. Users are free to decide on their own prices and limits.

• No buying or selling limits imposed by LocalBitcoins

• Some sellers will require ID verification for larger amounts

Supported Countries

LocalBitcoins is available in nearly every country. Liquidity will depend on the amount of buyers and sellers in your area. LocalBitcoins is not available in Germany or the state of New York. LocalBitcoins left New York due to the BitLicense.

What Makes LocalBitcoins Different than Other Exchanges?

The difference between Local Bitcoins and most exchanges is that with Local Bitcoins, you must physically meet up with or connect digitally to the person you are buying from or selling to.

Localbitcoins Nigeria

Local Bitcoins also used to be a great way to buy and sell Bitcoins anonymously, however Local Bitcoins did roll out KYC in March of 2019 on all customers who buy and sell a certain amount of coins a year.

LocalBitcoins vs Other Exchanges

Here is LocalBitcoins compared to some other top exchanges:

• Bits of Gold

  • Crypto exchange based in Tel Aviv
  • Buy with card, cash or bank transfer
  • Supports Bitcoin & Ethereum
• Rain

  • Exchange for Saudi Arabi, Oman, Kuwait, Bahrin, UAE
  • Rain is based in Middle East
  • High buying limits
• WazirX

  • Crypto exchange based in India
  • Deposit INR with IMPS & UPI
  • Low fees and many coins
• CoinJar

  • iOS & Android apps that let you trade
  • Free & instant bank transfer with PayID / Osko / NPP
  • Australian crypto exchange established in 2013
• eToro

  • Start trading fast; high limits
  • Easy way for newcomers to get bitcoins
  • Your capital is at risk.
• Luno

  • Best for Nigeria, South Africa, Indonesia, Malaysia
  • East to use interface
  • Trusted exchange
• Bitpanda

  • Crypto exchange based in Europe
  • Buy bitcoin with card, SEPA, SOFORT
  • Trusted exchange
• Coinbase

  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • 'Instant Buy' option available with debit card
• Bitbuy

  • Exchange based in Canada
  • Very high buy and sell limits
  • Supports Interac & wire
• Netcoins

  • Crypto exchange based in Canada
  • Many payment methods available
  • Get $10 CAD upon making $100+ in trades
• Coinberry

  • Crypto exchange based in Canada
  • Very high buy and sell limits
  • Supports credit & debit card, Interac, wire
• CoinJar

  • iOS & Android apps that let you trade
  • Free & fast bank transfers
  • Crypto exchange established in 2013
• eToro

  • Supports Bitcoin, Ethereum & 15 other coins
  • Start trading fast; high limits
  • Your capital is at risk.

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• LocalBitcoins

  • Support for nearly every country
  • Wide range of payment methods accepted
  • Trusted exchange around since 2012

Payment Methods Accepted

LocalBitcoins users are free to buy and sell using any payment method. The payment methods available to buyers will depend on what’s available in your location.

• Wide range of payment methods available

• Many payment methods should not be used; like PayPal or any reversible payment methods

privacy: Is Your Personal Info Kept Private?

LocalBitcoins requires email and phone verification for all users. It requires ID verification for users trading over 1000 euro.

speed: When Are Your Coins Delivered?

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

• Buys made with cash deposit generally deliver bitcoins within 1 hour

• Speed of delivery is entirely dependent on seller confirming payment, so at times it can take a while (although it is generally within 15 minutes)

reputation and regulation: Can You Trust LocalBitcoins?

LocalBitcoins was one of the first peer-to-peer Bitcoin exchanges, and the largest one today.

• One of the oldest Bitcoin exchanges
• Not a scam

• Even though it's trustworthy, users should not store bitcoins in the 'LocalBitcoins wallet'
• Reputation of exchange is good, but need to check reputation of each user on the exchange

Most problems with LocalBitcoins are a result of trading with a new user or one with multiple bad feedbacks.

Be sure to only trade with users who have a history of making trades.

You can view any user’s feedback history by looking at their profile:

In this case, the user has made 11 trades with three different trading partners. The user has a 100% success rate, meaning there were little or no issues with scams during his trades.

The user above would be a good user to trade with!

fees: Are You Paying Too Much?

LocalBitcoins charges a flat 1% fee on all trades.

• LocalBitcoins only takes 1%

• Even though fees are low, prices may be inflated depending on payment method

Customer Support

LocalBitcoins offers support via a support ticket system.

• Support is usually quick to respond to all issues
• LocalBitcoins offers forums where you can request help from other users of the platform

Review By:Jordan Tuwiner

Rating:4.8

Buy Bitcoin at LocalBitcoins

LocalBitcoins Alternatives

Www Localbitcoins Com Register Code

As is known in the cryptocurrency ecosystem , bitcoin is accepted worldwide and is a decentralized organization that is not managed by any private or public institutions. The lack of a Central authority makes it difficult to exchange them at traditional exchange offices. This is why one of the most widely used alternatives is human-to-human exchange, where we take the risk of completely not knowing the person with whom we will make the exchange.
The aforementioned difficulties are solved with LocalBitcoins . This is a platform that not only serves as an intermediary in the exchange, protecting our funds until the transaction is completed, but also allows us to exchange our bitcoins in different currencies of the world depending on the offer.
LocalBitcoins is an electronic trading platform for the sale of bitcoins, created in 2012 by the Kangas brothers: Eremias and Nicholas in Helsinki, Finland. The platform allows anyone to exchange their bitcoins for local money with another person without any intermediary other than the platform.
How LocalBitcoins works
Each person or operator operates as an exchange office, setting its own exchange rules, including its own exchange rate. Yes, each person can specify the price at which they want to buy or sell bitcoins, and depending on certain key factors, reputation, operations performed, the minimum / maximum amount accepted for exchange, this person can be selected to perform the operation.
What role does LocalBitcoins play in the exchange?
The platform acts as a guarantor of the exchange between the parties through the escrow (escrow ) of bitcoins for the purpose of compromising, they are issued and delivered to their new owner with the confirmed receipt of the amount of exchanged Fiat money.
Given that the bitcoins to be exchanged, in case we buy BTC, must be pre-deposited on the platform-whose private keys are managed by LocalBitcoins - the amount to buy is blocked from the seller's portfolio, making it impossible for the seller to escape with Your BTC. As soon as the seller confirms the transaction after receiving the agreed funds, he transfers the bitcoins to the buyer, which will be reflected on the wallet balance.
Similarly, if any of the parties are not satisfied, the LocalBitcoins dispute resolution team will take steps to resolve the dispute between the parties.
Reputation system
To increase trust between users of the platform, LocalBitcoins uses a reputation system based on individual comments and ratings for each exchange made. Each time you perform an operation, the system will show you a list where you can evaluate the transaction and how it is performed. in Addition, you can add a comment that describes the behavior of another user in detail. However, keep in mind that the rating is mutual; that is, the other user will also have to give you a rating.
This system allows and to a certain extent obliges users to behave not only honestly, but also politely, since a low reputation leads to distrust from the LocalBitcoins community.
Payment method
A rather striking feature when using LocalBitcoins is the available payment methods. They range from cash deposits or Bank transfers to Amazon gift cards or other platforms. However, you need to be careful here. With a wide range of payment methods that vary depending on the country or local currency we choose to exchange for, we will find unreliable payment methods such as PayPal, in which it is extremely easy to cancel a transaction and we may become victims of some kind of fraud.