Www Localbitcoins Com Register
Open a web browser and launch the LocalBitcoins webpage: localbitcoins.com 2. Click “ Sign up free” on the top right corner of the main page. Fill your username, Email, Password, and Register. 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 or marketing, is forbidden. Spamming is forbidden. Go to LocalBitcoins.com and click the sign up button. Then enter the required information to register your LocalBitcoins account. Once you’ve completed the signup process, you are ready to go. 2) Search For a Seller. Locating a seller is simple.
The aforementioned difficulties are solved with LocalBitcoins . This is a platform that not only serves as an intermediary in the exchange, protecting our funds until the transaction is completed, but also allows us to exchange our bitcoins in different currencies of the world depending on the offer.
LocalBitcoins is an electronic trading platform for the sale of bitcoins, created in 2012 by the Kangas brothers: Eremias and Nicholas in Helsinki, Finland. The platform allows anyone to exchange their bitcoins for local money with another person without any intermediary other than the platform.
How LocalBitcoins works
Each person or operator operates as an exchange office, setting its own exchange rules, including its own exchange rate. Yes, each person can specify the price at which they want to buy or sell bitcoins, and depending on certain key factors, reputation, operations performed, the minimum / maximum amount accepted for exchange, this person can be selected to perform the operation.
What role does LocalBitcoins play in the exchange?
The platform acts as a guarantor of the exchange between the parties through the escrow (escrow ) of bitcoins for the purpose of compromising, they are issued and delivered to their new owner with the confirmed receipt of the amount of exchanged Fiat money.
Given that the bitcoins to be exchanged, in case we buy BTC, must be pre-deposited on the platform-whose private keys are managed by LocalBitcoins - the amount to buy is blocked from the seller's portfolio, making it impossible for the seller to escape with Your BTC. As soon as the seller confirms the transaction after receiving the agreed funds, he transfers the bitcoins to the buyer, which will be reflected on the wallet balance.
Similarly, if any of the parties are not satisfied, the LocalBitcoins dispute resolution team will take steps to resolve the dispute between the parties.
Reputation system
To increase trust between users of the platform, LocalBitcoins uses a reputation system based on individual comments and ratings for each exchange made. Each time you perform an operation, the system will show you a list where you can evaluate the transaction and how it is performed. in Addition, you can add a comment that describes the behavior of another user in detail. However, keep in mind that the rating is mutual; that is, the other user will also have to give you a rating.
This system allows and to a certain extent obliges users to behave not only honestly, but also politely, since a low reputation leads to distrust from the LocalBitcoins community.
Payment method
A rather striking feature when using LocalBitcoins is the available payment methods. They range from cash deposits or Bank transfers to Amazon gift cards or other platforms. However, you need to be careful here. With a wide range of payment methods that vary depending on the country or local currency we choose to exchange for, we will find unreliable payment methods such as PayPal, in which it is extremely easy to cancel a transaction and we may become victims of some kind of fraud.
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Features of LocalBitcoins Clone Script
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Coin advertisement
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Reputation Builder
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