Why Huge Traders Prefer LocalBitcoins for Trading?

Posted by Bessie joans on March 18th, 2021

LocalBitcoins is a P2P Bitcoin exchange. Buyers and sellers agree on trade terms and use escrow for secure trading. LocalBitcoins was one of the first peer-to-peer Bitcoin exchanges, and the largest one today. One of the oldest Bitcoin exchanges.

• It is a very secure and private method to buy bitcoins.
• LocalBitcoins Exchange is the only way to buy Bitcoin in some countries.
• It provides various payment methods to buy bitcoins
• It does not limit traders on buying and selling.
• The liquidity depends upon the traders in your area.
• LocalBitcoins wants an email and phone verification for all users. 
• It requires ID verification for users trading over 1000 euros.
• Buys made with cash deposits usually transfer bitcoins within 1 hour to the user wallet.
• It charges a flat 1% fee on all trades.
• LocalBitcoins offers support via a support ticket system.
• Support is usually quick to respond to all issues.

This is the reason behind the success of the Localbitcoins Exchange. Starting a crypto exchange like LocalBitcoins would be a beneficial business plan and you can start your cryptocurrency exchange with LocalBitcoins Clone Script that has all the live features of LocalBitcoins Exchange.