Comment
Author: Admin | 2025-04-27
LocalBitcoins has been around since 2012, connecting Bitcoin buyers and sellers on an open, peer-to-peer marketplace. There are plenty of reasons to recommend Local Bitcoins as a secure and easy-to-use trading platform. In this Local Bitcoins Review, I’ll explain what I like about Local Bitcoins and how you can benefit from using the platform.Local Bitcoins Key Information[lptw_table id=”3489″ style=”default”]Before we dive into the review, the most important point about using Local Bitcoins is to use good judgment. Local Bitcoins is not an exchange in the traditional sense. You don’t enter your bank account information and buy Bitcoin. Instead, Local Bitcoins is a place where you can meet other people interested in buying and selling Bitcoins. As such, you should use caution when selecting traders to conduct a transaction with. While Local Bitcoins has measures in place to make sure you’re not ripped off, filing a complaint can be frustrating and time-consuming.What Makes Local Bitcoins Different from Other ExchangesAs I hinted above, Local Bitcoins is different from other exchanges because it’s not a trading exchange. When you set up an account at the major exchanges like Coinbase, Kraken, or Bitstamp, you link your bank account directly to their trading platform to fund your buy and sell commands. In exchange for facilitating your trades, these exchanges charge transaction fees.Local Bitcoins is different. Let’s say you want to buy some Bitcoins on Local Bitcoins. First, you create an account and a wallet on Local Bitcoins, but you don’t connect your bank account information
Add Comment