Localbitcoins is the Popular Peer to Peer Crypto Exchange Platform powered with Escrow feature to proceed highly secured trading. LocalBitcoins allows you to sell, buy and manage bitcoins on bitcoin wallet both in online and offline ie., hardware and software wallet storage available.
What makes it unique?
- In local bitcoins one can make private trading with huge payment options
- Any trader can check out the user profile and find feedbacks, trade details, etc before trading
- Localbitcoins have good Trading speed, Buys made with cash deposit generally deliver bitcoins within 1 hour
- Localbitcoins is the only way to buy/sell bitcoins in some countries
- Localbitcoins charges 1% as a trading fee which is comparatively less with any other Exchanges.
- There are no limitations in trading in Localbitcoins.
- A trader needs to undergone document verification if they proceed with high volume trading.
- Localbitcoins offer customer support via mail.
The above features are the main reason behind the quick reach and popularity of the localbitcoins. Any entrepreneur can start an exchange like localbitcoins with Localbitcoins Clone Script and build another popular crypto exchange.
To start a cryptocurrency exchange like localbitcoins, you must need a premium localbitcoins clone script, and that will cost from $1000 to $4000.
This is the approximate value of raw ready-made localbitcoins clone script.his script may require some additional customization to execute trades properly.
So the customization cost will be added to the purchase cost.
Also based on the added plug-ins, API’s and other trading features, the cost may get varied for cryptocurrency exchange development companies.Why Do People Want To Build an Exchange like Localbitcoins?LocalBitcoins is the first cryptocurrency exchange, that offered online and offline trading features with escrow script.
Those who are familiar with the cryptocurrency trading market having an eager to create an exchange like localbitcoins.But, the primary concern here is, How much it will cost to set up an exchange like localbitcoins.
As said above it requires a significant capital cost.Where to Get LocalBitcoins Clone Script?Bitdeal is the leading Cryptocurrency Exchange Clone Script Provider, offers the best Localbitcoins Clone Script with all the default features of Localbitcoins exchange.We Bitdeal, develop and deliver the best Localbitcoins clone Script with all the advanced trading features and plugins.Our Localbitcoins Clone Script Features100+ Cryptocurrencies supportMultiple FIat-Crypto Trading PairsTwo Factor AuthenticationEscrow IntegratedChat Bot IntegratedFuture Trading
Localbitcoins Clone Script is a cryptocurrency exchange website clone script that is completely white labelled.
This script can be written in any website programming language, including PHP, Laravel, JAVA, Python, Java Script, and others.
This ready-to-use local bitcoin clone script can be used to launch a robust cryptocurrency exchange similar to localbitcoins.
Bitdeal is in charge of the exclusive development plan for our premium localbitcoins clone script.
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 bitcoinsIt 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.
LocalBitcoins is one of the most famous bitcoins marketplaces that permit users to publish ads or submit their requests to buy or sell bitcoins.It is a marketplace where users can get connected easily to buy and sell, perform trading by utilizing different cryptocurrencies like Bitcoin, Ethereum, Litecoin etc.
Its working involves mainly based on the buyers wish by putting their order to buy with the respective price and payment method in which they like to trade.
In a same way, the sellers make their order to sell and at once the trading orders gets matched, the transactions gets initiated.
You can make the transactions quickly and securely.
On Localbitcoins exchange, traders can avail more than 60 different payment methods to trade cryptocurrencies.
Benefits of choosing an exchange like LocalBitcoins Cryptocurrency exchanges are the best business model that is emerging as huge revenue yielding investment opportunity across all the industries.
LocalBitcoins is a peer-to-peer bitcoin marketplace based in Helsinki, Finland.
It allows the users to trade bitcoins with local fiat currencies.The buyers and sellers post ads for trading requirements.
When buyer and seller ads match their demands and trading initiates can utilize the available payment methods.
In December 2013, LocalBitcoins has around 110,000 active traders with a trading volume of 1,400–3,000 bitcoins per day.
Exclusive Features in LocalBitcoins Ads Based TradingThe seller and buyer can post ads on the exchange.
Escrow helps to resolve the dispute between the buyer and seller.
With centralized exchanges suffering from frequent hacking attacks and coming under the scrutiny of regulatory authorities, there has been a huge rise in the number of transactions and trading volume of P2P cryptocurrency exchanges.
The biggest markets for LocalBitcoins for cryptocurrency trading are China, India, Hong Kong, Malaysia, and Thailand.
The entrepreneur has to spend a humongous capital investment to launch a P2P Cryptocurrency exchange with the help of an in-house team.
What is the meaning of the LocalBitcoins Clone?It is a ready-made crypto trading platform where users can sign up for free and execute P2P trades without dealing with any middlemen like brokers.The traders can either buy or sell the leading cryptos and make the required payments through online bank transfers, UPI, debit cards, credit cards, Google Pay, and Paytm.It is integrated with various APIs like a trading bot, price ticker, market order, merchant services, and liquidity.
The various sources of revenue include commission earned on each successful trade conducted by users, a deposit and withdrawal fee, charges for listing new crypto tokens on the platform, and advertisements.Compelling reasons for entrepreneurs to procure the LocalBitcoins clone scriptThe in-built escrow guarantees a high level of safety for the users’ data and funds.
This prevents hacking and phishing attacks to take place.A variety of crypto trading options are available for the investors like margin trading, Over the Counter (OTC) trading, Ad-based trading, and Futures trading.
