Cryptocurrency Trading Made Easy
Decentralization is the word everybody has been looking at the exchanges. Centralized exchanges are slow and time-consuming, so a solution to remove the centralization from the trading process. Our Local Bitcoins clone solution is a peer-to-peer (P2P) exchange where customers can buy and sell cryptocurrency and pay the respective party with any payment method including fiat currency to buy the cryptocurrency. Customers can also buy and sell cryptocurrency with ease in the local market along with escrow or any other transaction service to both concerning parties. We at Blockchain App Factory, create a trading platform similar to Local Bitcoins to buy and sell cryptocurrency through P2P trades.
Features of Local Bitcoins Clone
Two Factor Authentication
Blockchain App Factory provides the state-of-the-art security solutions that includes two-factor authentication for every buyer and seller in the trading market.
Creation of cryptocurrency wallet for easy escrow and performing transactions between buyer and seller.
Multiple Coin Support
Blockchain Blockchain App Factory supports multiple cryptocurrencies to be escrowed and transacted without any hassles in the market.
Current Live Pricing
Display of live pricing at real time of cryptocurrencies in the market allowing buyers to have a clear idea of the coins that are being traded.
Ease of Coin Advertisement
Sellers can advertise their cryptocurrencies with ease along with details that will announce the buyers with the cryptocurrency details and open a trade request.
Pros of trading on Local Bitcoins
Peer-to-peer trading platform
Faster way to trade Bitcoins
Escrow protection for safer trading between buyer and seller
Trustworthy customers and background check of trading partners
Updated pricing system
Process involved in Local Bitcoins
Initially create a “Selling Bitcoins” advertisement and specify the payment method for the seller to perform the transaction along with the pricing, terms and other conditions for your cryptocurrency.
Fund your local Bitcoins clone wallet with cryptocurrencies and open trade requests that have been initiated from your advertisement.
When a buyer opens a trade request, the full amount of the cryptocurrency is taken from the seller’s wallet and into escrow.
Once the payments have gone through and the seller has received the payment, the seller can release the digital currency from the escrow to the buyer’s wallet.