Bitcoin.com Local

Bitcoin.com Local

Bitcoin.com Local is a peer-to-peer marketplace that allows buyers and sellers to trade goods and services for bitcoin cash. It aims to promote the use of BCH as peer-to-peer electronic cash.
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Bitcoin.com Local: Peer-to-Peer Marketplace for BCH

A platform that enables buyers and sellers to trade goods and services for Bitcoin Cash, promoting the use of peer-to-peer electronic cash.

What is Bitcoin.com Local?

Bitcoin.com Local is a peer-to-peer marketplace launched by Bitcoin.com that allows buyers and sellers to trade goods and services for bitcoin cash (BCH). The platform is designed to facilitate over-the-counter trading of BCH as a payment method in daily transactions.

Key features of Bitcoin.com Local include:

  • Trade goods and services directly with others for BCH
  • Global marketplace - connect with buyers and sellers worldwide
  • Reputation scores, reviews, and profiles for transparency
  • Secure escrow system to protect both parties
  • No registration required for quick and private trades

The goal of Bitcoin.com Local is to promote the usage of BCH as electronic peer-to-peer cash for daily transactions. By allowing direct trades between buyers and sellers, the platform aims to showcase BCH as a fast, low-cost payment option compared to credit cards and bank transfers.

Overall, Bitcoin.com Local provides an easy way for the BCH community to use and circulate BCH as a currency. It offers a use case for spending BCH while avoiding high fees and long confirmation times associated with BTC. The platform continues Bitcoin.com's initiative to position BCH as usable electronic cash.

Bitcoin.com Local Features

Features

  1. Peer-to-peer marketplace
  2. Buyers and sellers can trade goods/services for Bitcoin Cash
  3. Promotes use of BCH as peer-to-peer electronic cash
  4. Secure escrow system to ensure transactions are completed
  5. Rating system for buyers and sellers
  6. Mobile app available

Pricing

  • Free

Pros

Uses Bitcoin Cash which has low fees

No middleman fees like other marketplaces

Escrow system provides security

Can access global market of buyers/sellers

Ratings help identify good actors

Cons

Lower adoption than mainstream marketplaces

Volatility of cryptocurrency prices

Less recourse in case of issues

Limited payment options to just BCH


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