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LocalCoinSwap

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2 reviews
  • 1 profiles
  • 1 categories
Average star rating
4.5
Serving customers since
2015

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LocalCoinSwap Reviews

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Chokri A.
CA
Chokri A.
Blogger, Affiliate Marketer & Crypto Trader! (Ex Accountant) 🌐 English to Arabic Translator!
06/08/2022
Validated Reviewer
Review source: G2 invite
Incentivized Review

Powerful P2P crypto trading platform

I have used LocalCoinSwap for the first time 2020 after localbitcoins has closed my account ( i couldn't verify my identity ) , i have found an easy to use and secure P2P trading platform offering many payment methods and a large choice of cryptos to buy or sell. The fees are reasonable, the user interface is very clean and useful for anyone to add an offre or accept existing trade offers without any third party intervention through an escrow service and direct chat between the buyer and seller. i liked the "export wallet" feature, you can access your private keys anytime (possibility to import your wallet to another platform) . No need for id verification to trade on LocalCoinSwap, it's open to everyone worldwide and the email/phone verification is optional. Recently they added BNB chain to the tradable crypto list (bnb & busd)
Rodolfo A. P.
RP
Rodolfo A. P.
Advisor at LocalCoinSwap
03/17/2021
Validated Reviewer
Verified Current User
Review source: Organic

An easy and convenient way to buy bitcoin & other cryptocurrency

First of all, if you are new to bitcoin and other cryptocurrencies you would like to have a clear step-by-step platform where you can do what you need. LocalCoinSwap offered me exactly that. We could say that their processes inside the platform are pretty well structured, so it's easy for a newbie to go through them. More over, it is a P2P platform, so it lets you trade directly with another people. Another good thing is that they protect you while trading. As we might know, in the crypto world there are many scammers, but LocalCoinSwap protects you against them through their alerts on the platform and the escrow service they offer. Basically an escrow service is a mechanism that retains the amount of bitcoin or crypto the sellers accepted to trade with the buyer until the buyer's paid the seller. The great thing here is that LocalCoinSwap uses scripts for bitcoin and smart contracts for ETH and ERC20s tokens such as Dai, Tether, and more. They are Non-Custodial. This mind go unnoticed to a lot of people, but this means that you could buy and sell bitcoin directly from wallet to wallet making it more secure!

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HQ Location:
Worldwide, OO

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What is LocalCoinSwap?

LocalCoinSwap is a peer-to-peer cryptocurrency exchange platform that facilitates the buying and selling of various cryptocurrencies directly between users. Established to provide a wide range of trading options, it supports numerous payment methods and cryptocurrencies, allowing users to choose their preferred way of trading. The platform is non-custodial, meaning users retain control over their private keys and digital assets, enhancing security and privacy. LocalCoinSwap aims to offer a decentralized trading experience by enabling users to trade without the need for an intermediary, while also benefiting from a community-focused approach that includes participation in governance and profit-sharing through its native LCS token.

Details

Year Founded
2015