A complete guide for Local Bitcoin Clone Website: Advantages, Working and cost
LocalBitcoin cryptocurrency trading platform is the first cryptocurrency exchange that offers both online and offline trading features with high security. The traders who are familiar with the cryptocurrency trading market having mostly preferred an exchange like the Local Bitcoin Clone Website.
The exchange is designed to provide cryptocurrency investors with a simple solution to trade with others in a decentralized manner. The marketplace allows people from different countries to exchange local currencies into Bitcoin. It also aims to allow the general public the ability to buy and sell crypto in a simple manner.
It also serves as a social network platform for traders and investors to hang out and build long-term relationships. Unlike any other exchanges, LocalBitcoins allows people to communicate directly with fellow traders. This makes this platform a secure place for investors and long-term traders who want to build strong, trusting relationships with their buyers.
Local Bitcoin Clone Website provides a competent exchange platform to trade Bitcoin and other cryptocurrencies easily. The cryptocurrency exchange script is a totally safe peer to peer exchange with escrow protection for highly secured trade. The Local Bitcoin Clone is built with a great feedback mechanism and dispute resolution process that makes trading on the exchange trustworthy and easy. The Clone is a readymade exchange that can be launched instantly with completely customizable features for scalability.
The exchange holds various unique and the most secured options to provide the convenience of uninterrupted trade.
Check out the Security features of localbitcoin
- Review option: Each trader in the Bitcoin Clone Script facilitates rating and additionally public review history which suggests their credibility.
- Escrow: While a trader initiates a trade, the escrow system in the Exchange holds the cryptocurrencies and transfers it to the buyer only after the seller receives the amount to be paid.
- 2 Factor Authentication: Whenever the user logins to the account the trader will be required to verify the passcode sent to the registered mobile number or email id other than the usual password. It ensures double security.
- Login alerts: Whenever you login to your account you will be notified by an alert to the given mobile number or the email id.
How does LocalBitcoins work?
Local Bitcoin trading process
- The trader has to first create a selling Bitcoin advisement for the seller to specify payment methods, set pricing and terms and conditions of the trade.
- Now you have to open the trade requests that the advertisement initiated after you fund your local Bitcoin wallet with cryptocurrencies.
- All the cryptocurrencies from the seller are fed into the escrow when the buyer opens the trade request.
- After the seller receives the payment, he can release the cryptocurrencies from the escrow to the buyer’s account.
The primary service of the platform is to give users the ability to buy and sell cryptocurrencies easily. It also helps trades to maximize a user’s profits.
LocalBitcoins exchange comes with a simple trade advertising platform to ensure a trader’s high-value opportunities are meeting their target audience. This also allows traders to receive higher and better profits easily from their trades.
However, these advertisements do come at a cost; it will cost the trader about 1% of the total capital exchange in the trade. Also, campaigns cannot run unless a trader has more than the minimum amount of BTC in their LocalBitcoins wallet.
LocalBitcoins has created a peer to peer Bitcoin exchange platform that allows both buyers and sellers to have peace of mind. The traders can agree on the terms of a transaction with the safety of having a third-party service to protect them.
Is LocalBitcoins suitable for you?
Every exchange is unique and provides different services for traders. With this in mind, it is important to understand the advantages of each exchange and how it is useful to ensure you are choosing the best option. Let’s take a closer look at the benefits of LocalBitcoins.
Advantages of local bitcoin Clone Website
To become a member and trader of LocalBitcoins, all you have to do is enter your email and go through a simple verification process. This makes it very easy for first-time traders to sign up and start using the platform in no time. The community it provides is also a great way even for beginners and new traders to learn and grow from other traders.
Local Bitcoin clone Website script is a replica of one of the first P2P Bitcoin exchange sites. And it is still one of the largest today by far. This track record should provide you with enough information about its legitimacy and credibility.
Another exclusive element the platform offers is its online forums. These are available for users to give ratings and write reviews and tips covering the best opportunities to trade, who to avoid, and advice for the less experienced.
It also holds a direct contact feature that allows users to communicate with the others and seek out help through the reviewing system also share their needs for the trade.This makes it a place for like-minded people to have general discussions about the community and recent news.
Another great advantage of this platform is the security and privacy it provides. It allows users to buy and sell online and offline in a highly secure manner. The exchange also provides users with a variety of security measures and multiple payment options that allow customers to have flexibility within their transactions.
How to get the local bitcoin exchange clone website script?
The Local Bitcoin Escrow Script is highly secured and facilitates the best transaction methods. You can get your own script at competitive prices depending on the features you need, changed or removed. Buying these scripts cost very less than developing an exchange from the beginning. Get your own cutting edge Bitcoin Clone Script from the leading developers to get end to end support.
Check for the following when you buy an exchange script…
- Ask for a demo of the exchange to know its working process
- Look for the script that fulfills all your business needs and requirements
- Evaluate the customization processes and alterations that you need
- Choose the best script that suits your business the best.
As a top cryptocurrency exchange development company, Shamla tech provides completely ready to launch local bitcoin exchange clone script that can completely be personalized according to your trade needs. The developers here ensure to launch the exchange in no time providing the best services at a very economical rate. The experts here are always ready to provide the needed support round the clock.