Wednesday, September 11, 2013

LocalBitcoins the person-to-person bitcoin trading site

At, people from different countries can exchange their local currency to bitcoins.

The site users 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 web wallet from where you can pay your bitcoin purchases directly.

 How we are different is de-centralized, embracing the nature of bitcoin. 

On 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 with fast, as there is no corporate overhead. You get your bitcoins instantly.

Also, can support every payment method its user community supports.
For every transaction, offers escrow or transaction service to protect the buyer of bitcoins.
  • Trade process duration from the creation of the user account to having bitcoins in your wallet is few minutes.
  • payment method supports wide range of world payment methods.


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