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[BMF]

LocalBitcoins is an exchange that people from around the world can use to trade any local currency for bitcoins. The site has an advertisement board that anyone can use to post announcements for buying or selling bitcoins. Anyone can visit this board and find the deals they are looking for. Just read the announcement, agree to meet this person, make the necessary arrangement, and complete the trade. You can buy the bitcoins using cash or directly through your online banking. The bitcoins are placed in the exchange wallet for LocalBitcoins.com which makes the transactions secure when you are buying the coins from another person selling them.

Looking to buy or sell visit the site's Post a Trade section and start searching for people who are wanting to sell or buy coins. It is easy to use and anyone can post a listing in this section of the site.

Buying Bitcoins:

• You'll need to register with this site. It is free to register with and create your wallet. The site doesn't require you to fill out an application in order to join the site and create your wallet.
• Once you're registered all you need to do is search the advertisements on the site and find a person who is selling the coins for a price you're willing to pay.
• You'll need to fill out the search box with some information. They ask you for the number of coins you want to buy, the currency you are using, where you live or your location, and how you want to pay for the coins.
• A list is now displayed from the advertisements on the site. Choose the trader you want to work with. Each trader is rated with a trusted reputation on the site. If you want to see more about the trader all you need to do is hit the buy button. The trader will contact you after this.
• It is simple to start the trade. All you need to do is fill in the amount you wish to purchase. Now enter your message to the trader and click on the send request button.
• The trader will now contact you, however, before you contact any trader on this site, make sure you have the money ready to complete the transaction. Don't waste their time if you are not interested in purchasing the coins from them.
• The money must be available for you to complete this transaction. You'll have a payment window that pops up. You must add the funds before the window closes. If you fail to do so the trade will end and the window closes.
• f the funds are deposited and the payment is made, you now need to click on the paid button and this will send a message to the seller.
• The money needs to be received and verified by the site before it is sent to the seller who will release the bitcoins to you.
• When the seller releases the coins, they will automatically appear in your wallet.

Fees:

It is free to use the site. The site doesn't charge you for buying and selling bitcoins. However, if you've placed an advertisement on the site and sold the coins you were advertising, the seller will pay a 1% fee for his completed trade.

There are no fees charged for any transaction to the wallet of other LocalBitcoins users on the site. However, if you want to transfer your coins from LocalBitcoins wallet to another wallet, you'll pay a Bitcoin network fee to do this.

Become A Partner:

The site is looking for people who are interested in seeing the Bitcoin currency grow. If you want to become a partner, an affiliate or even an investor this is a great opportunity for everyone. You can open up your own local cash exchange or even an online Bitcoin exchange through the partner program. Otherwise, just sign up to the affiliate program and earn a commission for each person who you refer to the site that uses the exchange.

Has anyone used this exchange and can tell us more about it?

I'm interested in the partner program, has anyone joined?

Which is better the partner program or the affiliate program?

 

[bomb2060]

Buy and sell bitcoins to people in your country.

Have you used this service to sell or buy bitcoins with real money?

Yes, i used the service to buy 0.5BTC from a local seller. The beauty of it was that i could talk to the guy on phone and even schedule a meeting. I can now buy from him directly without fear of any delay. The site uses a very good model that will fit the buyers. Psychologically, most buyers think anything sold online is a scam. This model has helped demystify the myth.

There is some element of trust when you buy from a local contact. Plus it's easier to follow up and get some questions answered if something did not go as planned.

To the seller, the site has done a massive marketing. And you will be sure to sell your coins both locally and internationally. The only downside is that, the platform has so many sellers, so you have to set a price competitive enough. Additionally, you need to have a substantial amount of bitcoins to trade to be accepted. Not just a few Santoshis!

 

[Yugocean]

LocalBitcoins offers P2P exchange, so users can trade among themselves individually; there is also a rating system which makes resolution for traders and find better one. However even trading and invoice both are Paid service in LocalBitcoins, it charges 1% trading fees and 0.5% merchant invoicing services fees.

 

[Shivaji]

Hey guys there I am gonna show you. That how can you make money by selling crypto currency....

First of all there are many sites that provide you to sell bitcoin and other virtual coins and I am. Gonna to tell you one of them..

Many of you heard about it and it is www.localbitcoin.com

https://localbitcoins.com/?ch=a1v4

You can earn as much as you want commissions on a deal as5%, 10% etc

There is also an affiliate program...

Affiliate program terms
You can link to any individual page, such as country listing or payment method listing, or anything else on LocalBitcoins.com.
You will earn bitcoins from the users who 1) arrive to the site through your affiliate link 2) register and 3) make trades.
A visitor will be considered as your affiliate for 3 months.
Payouts will be paid daily to your LocalBitcoins wallet as bitcoins
Commissions will be paid for one year from the user's registration. Commission is based on the income the new user brings for LocalBitcoins.com (trading fees).
Any foul play, such as misleading advertising, is forbidden.
Spamming is forbidden. Spamming includes sending unsubscribed private or public messages on forums/reddit, unsubscribed mass-mail, etc.
Adding hidden iframes on a website in order to capture affiliates is forbidden. Only affiliate iframes or direct links to the webpage are allowed.
LocalBitcoins.com has the right to disable any affiliate user at any given time. If you breach the terms, your affiliate program will be terminated.
Commission example

You get two users, buyer and seller of the bitcoins registered on LocalBitcoins.com, and they do one trade valued 100 BTC. You earn 20% commission on the LocalBitcoins.com trading fees from both participants, in total 40% of the LocalBitcoins.com fee. Your earned sum is 0.4 BTC.

Only finalized sales that go though our transaction process matter. Payouts are done daily.

LocalBitcoins.com support is more than willing to help you with any questions.

 

[topkite]

Definitely legit, but KYC is sort of arbitrary, on and off. HOdlhold could be a better option but with time, too few offers on there for now.

 

[kkckkc]

localbitcoin is a very good bitcoin trading site, which can act as a bitcoin wallet and trading platform. Many trusted legit traders there and I trade with easybtc116 with bank transfer before with quick deposit in bank and successful trading !

Trade now!

 

[anilmr]

I had not heard about this site before.

View attachment 31101

The LocalBitcoins.com is an exchange that people from around the world can use to trade any local currency for bitcoins. The site has an advertisement board that anyone can use to post announcements for buying or selling bitcoins. Anyone can visit this board and find the deals they are looking for. Just read the announcement, agree to meet this person, make the necessary arrangement, and complete the trade. You can buy the bitcoins using cash or directly through your online banking. The bitcoins are placed in the exchange wallet for LocalBitcoins.com which makes the transactions secure when you are buying the coins from another person selling them.

Looking to buy or sell visit the site's Post a Trade section and start searching for people who are wanting to sell or buy coins. It is easy to use and anyone can post a listing in this section of the site.

Buying Bitcoins:

• You'll need to register with this site. It is free to register with and create your wallet. The site doesn't require you to fill out an application in order to join the site and create your wallet.
• Once you're registered all you need to do is search the advertisements on the site and find a person who is selling the coins for a price you're willing to pay.
• You'll need to fill out the search box with some information. They ask you for the number of coins you want to buy, the currency you are using, where you live or your location, and how you want to pay for the coins.
• A list is now displayed from the advertisements on the site. Choose the trader you want to work with. Each trader is rated with a trusted reputation on the site. If you want to see more about the trader all you need to do is hit the buy button. The trader will contact you after this.
• It is simple to start the trade. All you need to do is fill in the amount you wish to purchase. Now enter your message to the trader and click on the send request button.
• The trader will now contact you, however, before you contact any trader on this site, make sure you have the money ready to complete the transaction. Don't waste their time if you are not interested in purchasing the coins from them.
• The money must be available for you to complete this transaction. You'll have a payment window that pops up. You must add the funds before the window closes. If you fail to do so the trade will end and the window closes.
• f the funds are deposited and the payment is made, you now need to click on the paid button and this will send a message to the seller.
• The money needs to be received and verified by the site before it is sent to the seller who will release the bitcoins to you.
• When the seller releases the coins, they will automatically appear in your wallet.

Fees:

It is free to use the site. The site doesn't charge you for buying and selling bitcoins. However, if you've placed an advertisement on the site and sold the coins you were advertising, the seller will pay a 1% fee for his completed trade.

There are no fees charged for any transaction to the wallet of other LocalBitcoins users on the site. However, if you want to transfer your coins from LocalBitcoins wallet to another wallet, you'll pay a Bitcoin network fee to do this.

Become A Partner:

The site is looking for people who are interested in seeing the Bitcoin currency grow. If you want to become a partner, an affiliate or even an investor this is a great opportunity for everyone. You can open up your own local cash exchange or even an online Bitcoin exchange through the partner program. Otherwise, just sign up to the affiliate program and earn a commission for each person who you refer to the site that uses the exchange.

Has anyone used this exchange and can tell us more about it?

I'm interested in the partner program, has anyone joined?

Which is better the partner program or the affiliate program?

I had not heard about this site before. After reading your article, it seems that this site is quite promising. Since you have mentioned that it is Legit, I will take your word for it and will certainly join, even though I am not quite sure whether I should invest in Bitcoins at this juncture.

 

[Davidafer]

This is one of the websites you can use to buy cryptocurrency in Nigeria using your bank account, which is great.

 

[karthik999]

Local bitcoins allows you to buy or sell bitcoins between users(p2p exchanger) , which is legitimate . One thing i like about local bitcoins is that it offers exchange services across the world . In my country bitcoin is not much supported , its not so easy to buy or sell bitcoin , in this case local bitcoins help me , where i find so many users who want to buy or sell bitcoin of my country , thats the great service provided by them which i always appreciate.

 

[cryptohub123]

I have not been scammed even once in localbitcoins.com The exchange is used by almost all the traders , who wish to buy/sell bitcoin in their respective country.So there is no harm trying this exchanger.

 

[kkckkc]

seems localbitcoin has introduced a new verification system that have tier level introduced 0 and 1 now. Tier 1 need us to do identify verification to get 20000 dollars trading limit! They will add tier2, and tier 3 next month for higher trading limit. Anyone knows more about this ?

 

[balmain70]

I Agree Loca lbitcoins is one of the best exchanges out there at this time but they charge 0.00015 btc for every deposit to your wallet which is more than 1.5$ at this time , otherwise support is great and site is good overall

 

[stan358]

I have not really heard of localbitcoin, but I know is an exchanger that you buy and sell bitcoin. I will check up the site and get involved..

 

[kkckkc]

localbitcoin is a powerful exchange cryptocurrency platform because they can trade bitcoin to bank account or in cash very easily ! Anyone can recommend some alternatives that can sell bitcoin to real cash or bank like localbitcoin but is legitimate ?

 

[septicflesh]

localbitcoin is a powerful exchange cryptocurrency platform because they can trade bitcoin to bank account or in cash very easily ! Anyone can recommend some alternatives that can sell bitcoin to real cash or bank like localbitcoin but is legitimate ?

Localbitcoin is probably the number 1 when it comes to easy btc transactions, but i remember that i used to buy some btc using buycoinnow.com too, it's a verified website, where you can buy bitcoins with a credit card.

 

[FXX15]

Localbitcoin is probably the number 1 when it comes to easy btc transactions, but i remember that i used to buy some btc using buycoinnow.com too, it's a verified website, where you can buy bitcoins with a credit card.

Right, I can also recommend buycoinnow, I consider it as a safer than the crypto exchanges because this is the website where you don't even have to register. So, you don't have to input your personal data, this is important to me.

 

[XXRF15]

Localbitcoin is probably the number 1 when it comes to easy btc transactions, but i remember that i used to buy some btc using buycoinnow.com too, it's a verified website, where you can buy bitcoins with a credit card.

well, I can also recommend this website (buycoinnow). To me, it's safe, you don't even have to input your personal data there because registration is not needed.

 

[cezar78]

Now they require ID verification (KYC/AML) so many people are looking for alternatives. And there is one very similar website - local.bitcoin.com
It's really decentralized P2P exchange with escrow without KYC. You can buy and sell Bitcoin cash anonymously for any available payment method including paypal, skrill, face to face, gift cards etc.

 

[KarthikP]

Oh thats not the great news at all , i dont like kyc at any angle , always irritating and due to that we cant perform any tasks , i need to get a passport asap , national id never gets verified

 

[Yugocean]

Localbitcoin Shutsdown

From today, Local Bitcoin is shutting down its decade old business. This company is not able to keep itself with bear attack, but they are closing with honour instead of turning scam.​