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LocalCoinSwap is fundamentally decentralized in that it also decentralizes some governance aspects. It embodies the original crypto spirit.



There isn't much information on their team. With the publicly available info, I can say it is decent but probably quite lean due to the bear market.



Their community is active and the team interacts on a daily basis and answers fast, which is good.



There is definitely a market for P2P trading and buying and selling crypto to people locally. Moreover, their fee structure is similar to what the big exchanges practice.

Their UI is pretty cool and easy to use.

So, they have the potential to become big. The question is always the same: will they be able to convince people to use their platform?



There are very few trades on the platform at the moment, roughly 2 weeks from their hard launch, planned for the end of February. I'm curious to see how many people they'll manage to attract.



I'm keeping an eye on what they're doing :)

Will they be the next KuCoin? After all, their ticker is only 1 letter away...

Agree

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