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LocalBitcoins.com review

LocalBitcoins is a P2P (person-to-person or peer-to-peer) exchange. It was one of the first P2P Bitcoin exchanges, and is the largest one today.


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localbitcoins_1-1024x811 LocalBitcoins.com review

Buyers and sellers of Bitcoin can agree on the deal term and LocalBitcoins can be used as escrow.

 

Payment methods

LocalBitcoins allows for any payment method, but cash deposit is the most popular one. you can choose the payment method on the dropdown manue sen bellow.

localbitcoins_1-1024x811 LocalBitcoins.com review

Limits – How much can you buy or sell

LocalBitcoins doesn’t have limits and you are free to decide on the amount and pricing.

 

What about Privacy

LocalBitcoins is a relatively private and even an anonymous way to buy bitcoins. The exchange does not require personal information besides an email address on signup. However, some sellers will ask you for and ID.

 

Supported Countries

LocalBitcoins is available almost all over the world, except Germany and the state of New York (due to the BitLicense).

 

Fees

LocalBitcoins charges a flat 1% fee on all trades. That is a low fee.

Customer Support

LocalBitcoins offers support via email and usually responds quickly.

 

A step-by-step guide on how to buy bitcoins using paypal on LocalBitcoins

step one: go to LocalBitcoins and choose a country and the amount of bitcoins you want to buy.

step two: From the list of seller you now see, choose the one you want.

step three: Check the sellers grades: when did he started using LocalBitcoins. How many confirmed trades he c0mpleted. whats his feedback score. How old is the account.

step four: Complete the buy. aprove the deal with a seller on the trade screen.

Start using LocalBitcoins.com.

 

If you want to learn about other methods to buy bitcoins click here.


ledger nano s bitcoin walletKeep your coins safe!

Remember that it's not safe to leave large sums of money on any cryptocurrency exchange. That means you are leaving your money in someone else’s wallet. The best choice is a hardware wallet such as Trezor or Ledger. Click here to read our Guide to Bitcoin and Altcoins wallets 2019.

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