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LocalBitcoins

Brand: LocalBitcoins

  • 4.0

  • 3 Ratings

LocalBitcoins is an online platform used for buying and selling bitcoins. The CryptoCurrency exchange software lets you purchase bitcoins in your local currency using over fifty different payment methods. The digital currency trading platform’s best feature is P2P (peer to peer) trading that ensures flexibility and convenience. Under this feature, all you have to do is post an ad indicating you...

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LocalBitcoins Software Overview

What is LocalBitcoins?

LocalBitcoins is an online platform used for buying and selling bitcoins. The CryptoCurrency exchange software lets you purchase bitcoins in your local currency using over fifty different payment methods. The digital currency trading platform’s best feature is P2P (peer to peer) trading that ensures flexibility and convenience. Under this feature, all you have to do is post an ad indicating your plan to sell a bitcoin and start getting responses from potential buyers. 

How to Buy Bitcoins of LocalBitcoins Trading & Transaction Platform 

Buying bitcoins on LocalBitcoins is just a matter of few simple steps: 

  1. Step 1: Create an account on LocalBitoins & register yourself 
  2. Step 2: Access your online bitcoin wallet 
  3. Step 3: Search for bitcoin advertisement from sellers 
  4. Step 4: Compare different bitcoin traders based on the trades amount and reputation score 
  5. Step 5: Once the trader is finalizes, send the Trade Request 
  6. Step 6: Make payment as per your preferred mode to complete the transaction. 

Safe Bitcoin Transactions with LocalBitcoins 

LocalBitcoins software supports Escrow security to ensure safe transactions. The feature works by blocking the total amount at stake as soon as a transaction is initiated so that the seller doesn’t run away with your money. The financial management software also lets you verify all information of the person with whom you are negotiating. All information is thus available in the form of release times, average payment and identity cards. 

LocalBitcoins Platform Benefits: 

  1. Quick transfers with low fees 
  2. Multiple payment options 
  3. ID verifications 
  4. 24/7 customer services team 
  5. SMS alerts and user availability 

Buy & Sell Bitcoins Across the Globe with LocalBitcoins 

LocalBitcoins cryptocurrency exchange platform works in around two hundred countries, something that gives easy access to deals even locally. Low commission and multiple payment methods are the added advantages this bitcoin buy & sell platform. The bitcoin selling software even differentiates between real traders and scammers for safe transactions. 

Security Features of LocalBitcoins: 

  1. Login guards 
  2. Two-factor authentication 
  3. Web wallet 

LocalBitcoins Price 

Buying and selling bitcoins on LocalBitcoins is completely free. However, bitcoin sellers are charged 1% on every completed bitcoin selling based on their advertisement. For more information and LocalBitcoins fee details, please connect with our experts. 

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LocalBitcoins Company Details

Founded Year:  2012

At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins.

Director/Founders Jeremias Kangas
Company Size 1-100 Employees

LocalBitcoins Pricing & Plans

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LocalBitcoins Features

  • icon_check Bitcoin Mining Pools
    Mining pools ensure greater profitability for traders as all the processing fee gets equally distributed amongst groups of
  • icon_check Cryptocurrency Wallet Creation
    This feature enables secured transactions so that the seller doesn’t ever run away with your money. 
  • icon_check Exchange
    LocalBitcoins’ exchange feature makes it possible to conduct transactions locally as well as globally. 
  • icon_check Margin Trading
    Using this feature, you can deposit minimal amount & using the borrowed funds from the exchange to begin trading. 
  • icon_check Customizable Interface
    LocalBitcoins cryptocurrency exchange software supports clone script for creating a customizable admin panel. 
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LocalBitcoins Specifications

Supported Platforms
Windows Windows
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Finance
Business Specific
All Businesses
Business Size
Small Business Startups Medium Business Enterprises SMBs SMEs MSMBs MSMEs
Language
English

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LocalBitcoins Review

4.0

Out of 5

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Overall Rating

Based on
3 Verified Ratings

Rating Breakdown

  • Features 4.5
  • Value for Money 4
  • Ease of Use 3.6
  • Customer Support 4

93% Recommend this Product

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Starting Price:

$20 /Month

Articles for LocalBitcoins

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Can I use LocalBitcoins to do local bitcoin transactions?

LocalBitcoins works in several countries using multiple payment methods. You can access it to do both local and global bitcoin transactions.

What is marginal trading in LocalBitcoins?

Marginal trading in LocalBitcoins is used for storing minimal money in your account before you can borrow from the exchange for transaction purposes.

Are my transactions secure in LocalBitcoins?

Transactions in LocalBitcoins are secured as the software uses features like two-factor authentication, web wallet and login guards for protecting transactions.

Is it possible to separate genuine sellers/buyers from fake ones using LocalBitcoins?

LocalBitcoins performs identity verification of all traders so that you can differentiate scammers from genuine sellers.

Does Techjockey offer free demo for LocalBitcoins?

Requirement for free demo, expert consultation and customization can be met by connecting with team Techjockey.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.