Features
Secured Payments
All trades completed onsite have crypto coins securely locked in escrow for the duration of trade. Once payment has been made, you mark paid and crypto is permanently locked until release. Before you have paid, you have until the timer countdown to pay and mark as paid, or to cancel.
Digital Wallet
You are provided with custodial digital wallets for multiple different assets. These are provided for the sole purpose of trading on our platform, or for using as a hot wallet if needed for purchases. This is not a cold wallet storage solution. For discussion on cold wallets please visit our blog
Quick Transactions
As a peer to peer site, we are able to facilitate faster small transactions between local users, thereby cutting out slow and cumbersome legacy financial services requirements.
How it works
Frequently asked questions
Next to each advertisement on the website the price of a coin for that advertisement is shown as currency per crypto asset example we are buying Bitcoin with the currency US dollars the price would be shown as This means that if I wanted to buy it would cost me dollars. Can I buy less than Absolutely each advertisement you see what's called limits shows you the least and the most amount of Bitcoins that you can buy from that advertisement. One Bitcoin can be divided into much much smaller pieces smallest piece is called one satoshi and is the same as
One of the best features of crypto is that it gives you control over your money it's also this feature that makes it very different from traditional money transactions are irreversible traditional payment methods can be charged back creates risk for the person selling the crypto PayPal or a bank can take the money someone paid him out of his account after he has sent away the Bitcoins is why traders need to have a high price for certain payment methods protect themselves against this risk. That is why we recommend for you to get the best price to pay using a hard to reverse payment method as Cash Deposit transfers and mobile payments you search to buy Bitcoins All online offers as a payment method and you will see offers for all payment methods and you can choose one that is convenient for you and offers a better price. What happens when I pay the seller doesn't give me my crypto our online trades are protected with escrow to prevent this from happening the trade is started crypto amount for the trade is taken from the sellers wallet and is held by Localcryptocoins for the entire time of the trade the seller is trying to scam you easy for you to open a dispute on the trade and our support staff will contact you to ask for proof that you have paid and then give the crypto to you.
All online trades are protected by escrow a trade is started the amount of crypto for the trade is automatically reserved from the seller's Localcryptocoin Wallet means that if the seller runs away with your money and does not release your crypto Localcryptocoins.net support can release the crypto to you from escrow you're selling crypto release the escrow before you know that you have received money from the crypto buyer.
Localcryptocoins is a peer-to-peer crypto exchange are a marketplace where users can buy and sell crypto to and from each other called traders advertisements with the price and the payment method they want to offer can browse our website for trade advertisements and search for a payment method you prefer will find traders buying and selling crypto online for more than payment methods.
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Sell
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Buy
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