LocalBitcoinCash

LocalBitcoinCash

LocalBitcoinCash is a peer-to-peer cryptocurrency exchange that allows users to trade Bitcoin Cash (BCH) with each other without an intermediary. It facilitates over-the-counter trading of BCH for national currencies and other cryptocurrencies.
peertopeer cryptocurrency bitcoin-cash trading exchange

LocalBitcoinCash: Peer-to-Peer Cryptocurrency Exchange

A decentralized platform enabling direct Bitcoin Cash (BCH) trading with no intermediaries, facilitating over-the-counter trades for national currencies and other cryptocurrencies.

What is LocalBitcoinCash?

LocalBitcoinCash is a peer-to-peer exchange platform where users can trade Bitcoin Cash (BCH) directly with each other without going through a third-party. It provides an escrow service to ensure the security of P2P trades.

On LocalBitcoinCash, people post trade advertisements where they state the payment methods they accept and the price they are willing to buy/sell BCH for. Other users can browse through these ads and decide which offer works best for them. Once an agreement has been reached, the seller will deposit the BCH in escrow. The buyer will then pay the seller according to the agreed upon payment method.

After the seller confirms payment reception, the escrow will release the BCH to the buyer's wallet. LocalBitcoinCash supports over 300 payment methods including bank transfer, cash in person, PayPal, gift cards and more. There is also a feedback system to rate users after trades.

The main advantage of trading on LocalBitcoinCash is that the process is largely anonymous and much faster than traditional exchanges, which often require ID verification and take days to transact. Overall, it provides a way for people to access and trade Bitcoin Cash privately without going through know-your-customer (KYC) procedures.

LocalBitcoinCash Features

Features

  1. Peer-to-peer trading
  2. Over-the-counter trading
  3. Trading between BCH and national currencies
  4. Trading between BCH and other cryptocurrencies
  5. No intermediary or third party involved
  6. User account management and reputation system

Pricing

  • Free

Pros

Decentralized trading without third party risk

Allows trading with privacy and anonymity

Low fees compared to centralized exchanges

Accessible for buying/selling BCH locally

Cons

Less liquidity than large exchanges

Higher counterparty risk in trades

Limited payment options

Need to manage trade logistics with other users

Official Links


The Best LocalBitcoinCash Alternatives

Top Bitcoin & Cryptocurrency and Cryptocurrency Exchange and other similar apps like LocalBitcoinCash

Here are some alternatives to LocalBitcoinCash:

Suggest an alternative ❐

Bisq icon

Bisq

Bisq is a decentralized, open-source cryptocurrency exchange and trading platform. It allows users to trade national currencies and popular cryptocurrencies privately and securely without requiring personal information or relying on a centralized entity.Some key features of Bisq include:Decentralized and peer-to-peer - There are no centralized servers that hold funds or...
Bisq image
PandoraPay icon

PandoraPay

PandoraPay is a digital wallet and payment platform founded in 2019 that allows users to store, send, and receive digital currencies and assets including major cryptocurrencies like Bitcoin, Ethereum, Litecoin as well as its own native token called PAN.Key features of PandoraPay include:Multi-currency wallet that supports Bitcoin, Ethereum, Litecoin, PAN,...
PandoraPay image
Cryptomarketplace.live icon

Cryptomarketplace.live

Cryptomarketplace.live is an underground online black marketplace launched in 2021 that allows vendors to sell illicit goods ranging from stolen data, exploits, counterfeit items, fraud services, and drugs using cryptocurrencies as payment. It is part of the dark web, accessed through Tor browser, which hides users' IP addresses and locations.The...