Localbitcoins is a well-known bitcoin exchange with tremendous volume. This Finland based bitcoin exchange offers online trading as well as offline trading.
In this COVID-19 pandemic, Cryptocurrency Exchanges have undergone drastic growth in terms of trade volume and new sign-ups. Many budding entrepreneurs dreaming to start a bitcoin exchange just like LocalBitcoins and it is actually doable with Localbitcoins Clone Script.
LocalBitcoins Clone Script is the ready-made website script with a 100% source code by which any business person can easily start an exchange just like LocalBitcoins.
Bitdeal provides LocalBitcoins Clone Script with all the basic features of LocalBitcoins and the best thing about this script is Customization. One can modify or add any kind of features based on their own wish.
Premium features
- IEO/ Launchpad
- Referral Futures
- Futures Trading
- Trading With Tokens
- Proximity Match
- Advanced UI/UX
- Merchant Features
Elliptic, the Crypto analysis firm calculated that the dark web transactions in Localbitcoins drop by 70% after this Bitcoin Exchange incorporated KYC and AML regulations since September 2019.
This made the impact on the average trade volume of Localbitcoins, there is a 20% decline in their exchange till May 2020 from September 2019 but now there is a significant growth in their trade volume and cryptopreneurs say that it as the healthy growth of this exchange.
LocalBitcoins said that their new customer registrations have surged over 50% since early 2020 — from around 4,000 new daily sign-ups to over 6,000.
Some analysts think that Localbitcoins is the place for illegal transactions and this step taken by LocalBitcoins will prevent this exchange from illegal people.
No wonder, Crypto Exchanges are turned as the powerful business nowadays, Any Business People can start an exchange like LocalBitcoins by buying Localbitcoins Clone Script from a Crypto Exchange Development Company.
The amazing thing is that these scripts are absolutely customizable!
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.