Local.Bitcoin.com

Cryptocurrencies have come a long way from its early days of skepticism and bubble-like behavior. The popularity of crypto as a lucrative form of investment in the past decade has created a whole ecosystem of exchanges and marketplaces valued in billions. However, the main aim behind the creation of Bitcoin and cryptocurrencies was to provide privacy of finances and true decentralization, which got lost among all the hype surrounding the space.

The regulatory clampdown has made most of the exchanges to behave like a bank, collecting personal information from users, leaking transaction details to law enforcement agencies and flawed security features leading to several hacks.

Keeping all these issues in mind, bitcoin.com, the popular domain which offers a range of crypto services like crypto wallet functionality, the latest crypto news and even an exchange which was launched recently. The domain has now come up with Bitcoin.com Local, a private peer-to-peer marketplace for trading Bitcoin Cash.

What is Bitcoin.com Local?

While there are numerous exchanges where one can trade a range of cryptocurrencies, there are very few to none whose priority is user privacy and anonymity as cryptocurrencies were intended to be. The local.Bitcoin.com promises to offer all those features with fast and secure transactions.

The platform promises to keep the users’ transactions private and never ask for any personal details or any kind of KYC. While the platform’s main focus is privacy, it hasn’t compromised on any other feature offered on centralized exchanges either. Some of the key features of the platform include,

Fast: Simply sign up to start trading Bitcoin Cash (BCH) instantly with both local and global users.

Simply sign up to start trading Bitcoin Cash (BCH) instantly with both local and global users. Private: Trade on a fully private platform. We’ll never ask you to share personal details with us.

Trade on a fully private platform. We’ll never ask you to share personal details with us. Secure: Buy and sell with total confidence since every trade is protected by our encrypted blind escrow

Buy and sell with total confidence since every trade is protected by our encrypted blind escrow Multiple Payment Option : Unlike many exchanges with limited base pairs and currency options, Bitcoin.com Local can create a trade with any payment method. You can even open a trade for items or services!

: Unlike many exchanges with limited base pairs and currency options, Bitcoin.com Local can create a trade with any payment method. You can even open a trade for items or services! Non-Custodial: We don’t ever store the coins you buy or sell. Instead, our encrypted blind escrow contract acts as the decentralized go-between for your trades. This means more control and less risk for your coins.

We don’t ever store the coins you buy or sell. Instead, our encrypted blind escrow contract acts as the decentralized go-between for your trades. This means more control and less risk for your coins. Encrypted Privacy: All messages sent on Bitcoin.com Local are end-to-end encrypted. This robust means of communication security keeps messages between buyer and seller private. We can only ever see messages if a dispute is opened up.

How to Trade on Local Bitcoin.com

Trading Dashboard

Trading on the local Bitcoin.com is quite simple and anyone with little knowledge of navigating through the web and peer-to-peer marketplace can do it without any need for help. Buyers and sellers both list their trade and a new user can browse through these listings based on whether they want to buy or sell their assets. The platform offers users to select a trade based on their location, payment method, reviews, and many similar categories to refine the trading process.

A user can simply start trading by clicking on the choice of their existing offers, or they can create a trade of their own if the listed trades does not suit their need. Buyers can directly interact with the seller and send the money directly into their account in case they want to make a purchase. In case a trader wants to sell their BCH holding, their BCH would be secured in an escrow until they receive the payment from the buyer.

Please use the following referral code if you plan to use local.bitcoin.com

Refferal Code: local.bitcon.com/referral/juell1635

Written By: Arijit Sarkar