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LocalBitcoins

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31 reviews
  • 1 profiles
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Average star rating
4.1
Serving customers since
2012
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LocalBitcoins Reviews

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Pilato G.
Web Designer at Karga Design Web Studio
03/05/2019
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review

Great exchange with tons of methods

I have used this platform for exchange for more than 4 years thanks to the fact that buying or selling Bitcoin in Localbitcoins is very easy due to its large number of users who accept payments in almost all available methods, I have personally accepted as a means of payment transfers bank, ethereum, paypal, paxum and visa. The best thing about this exchange is probably its security, since the funds are retained through escrow until the parties are satisfied with the exchange, that is when localbitcoins acting as intermediary releases the money and the business is terminated. It is also possible to filter through the country or the desired payment method which makes it especially useful and quick to find a buyer or seller, when we find a person with whom to start a negotiation it is possible to check their reputation and identity to decide if we want to take the exchange or on the contrary not doing it if it does not inspire confidence. To end up highlighting the reason why localbitcoins is more famous and is the possibility of being able to sell or buy Bitcoin in person.
Barry B.
BB
Barry B.
Sales Marketing Manager at the LEGO Group
02/21/2019
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review

Fast and secure transactions.

LocalBitcoins is a platform that intermediates as an escrow to buy and sell BTC, has an intuitive interface and easy to understand even the most beginner, offers a wide variety of payment processors, fast and secure transactions.
Rachel D.
RD
Rachel D.
Cryptocurrency Trader en Donovan New Finance
02/16/2019
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review

A P2P exchange platform

LocalBitcoins is a P2P exchange platform, it's very secure and private, you don't need to share your identity to trade, it offers many payment methods among them my favorite Western Union and charges only 1% per operation.

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HQ Location:
Helsinki, Southern Finland

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@LocalBitcoins

What is LocalBitcoins?

LocalBitcoins is a peer-to-peer Bitcoin trading platform that facilitates the buying and selling of Bitcoin directly between users. Founded in 2012 and based in Finland, it allows individuals to create advertisements to buy or sell Bitcoin and negotiate transactions with others. The platform supports a wide range of payment methods, enabling buyers and sellers to choose the most convenient option for their transactions. LocalBitcoins focuses on providing a globally accessible marketplace for Bitcoin exchanges and offers escrow services to enhance transaction security. The website also features a reputation system and feedback mechanism to help users make informed trading decisions.

Details

Year Founded
2012