LocalCoinSwap
LocalCoinSwap is a peer-to-peer cryptocurrency exchange that allows users to buy and sell cryptocurrencies directly with each other without an intermediary. It offers features like escrow to ensure secure trading, a built-in cryptocurrency wallet, and support for many payment met
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escrow
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LocalCoinSwap: Peer-to-Peer Cryptocurrency Exchange
LocalCoinSwap is a peer-to-peer cryptocurrency exchange that allows users to buy and sell cryptocurrencies directly with each other without an intermediary. It offers features like escrow to ensure secure trading, a built-in cryptocurrency wallet, and support for many payment methods.
What is LocalCoinSwap?
LocalCoinSwap is a peer-to-peer cryptocurrency exchange platform that facilitates direct trading of cryptocurrencies between buyers and sellers. Launched in 2019, LocalCoinSwap aims to provide an easy and secure way for cryptocurrency traders to connect with each other without requiring an intermediary third party exchange.
Some key features of LocalCoinSwap include:
- Decentralized P2P trading - Users can post their own buy and sell offers and trade directly with each other using LocalCoinSwap's escrow system to ensure trust and security.
- Built-in crypto wallet - The platform has a built-in non-custodial multi-currency crypto wallet for easy deposits, withdrawals, and trading.
- Variety of payment methods - Traders can pay using many payment methods including bank transfer, credit/debit cards, gift cards, cash by mail, PayPal and over 15 cryptocurrencies.
- Reactive customer support - LocalCoinSwap aims to provide quick and useful customer support via live chat, email, and community forums.
- Referral program - Users can earn commission by referring other traders to the platform.
- Low trading fees - The platform charges low trading fees of just 1% per transaction.
By enabling direct P2P crypto trading without intermediaries, LocalCoinSwap provides traders more freedom, privacy and control over their funds and trading decisions compared to centralized exchanges.
LocalCoinSwap Features
Features
- Peer-to-peer cryptocurrency trading
- Built-in cryptocurrency wallet
- Escrow system for secure trading
- Support for many payment methods
- Decentralized exchange without intermediaries
- Trade cryptocurrencies directly with other users
Pricing
- Free
- Freemium
Pros
No KYC requirements
Low fees compared to centralized exchanges
More privacy and anonymity
Access to niche cryptocurrencies
Funds not held by a company, only users control funds
Cons
Lower liquidity than large exchanges
Less beginner friendly than centralized exchanges
Higher counterparty risk in trades
Limited payment options compared to exchanges
Smaller selection of major cryptocurrencies
Official Links
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