How To Launch Your Bitcoin Exchange Like LocalBitcoins
A cryptocurrency exchange is a service platform that connects various traders globally via fiat and digital currencies. The are many cryptocurrency exchange platform but peer to peer exchange are gaining more numerous transactions. In this article, we will grasp how you can start with the bitcoin exchange platform like LocalBitcoins, and start generating long-term earnings.
What is the LocalBitcoins?
LocalBitcoins is a popular peer-to-peer bitcoin exchange marketplace that is based in Helsinki, Finland. Where users can easily communicate to buy and sell bitcoins. On LocalBitcoins exchange, users can trade with more than 60 different payment methods.
How does the LocalBitcoins exchange function?
Firstly, whoever wishes to buy or sell crypto assets needs signup and then sign to the account. After KYC verifications according to the terms.
Trader, you have two options either post your new ads for buy/sell orders or select from the already existing ones in the exchange.
If you choose the ads then notification would be sent to the nearest buyer or seller.
Whether you are the newbie to this exchange platform, you can check for the traders’ feedback.
After analyzing the trader, your bitcoin is transferred to the escrow wallet and starts chatting with the concerned person in the chatbox window.
Now in this situation, you can negotiate the price at which you have finalized the trade and complete the transaction within the stipulated timer. If you crossed the mentioned time then the trade will cancel.
Finally, when the proof of payment is sent to the seller and cryptos are released from the escrow account to the buyer.
Benefits of creating a bitcoin exchange like LocalBitcoins
The best revenue yielding business model is the cryptocurrency exchange website.LocalBitcoins is a leading peer to peer crypto exchange having 20000+ traders with OTC trading options.
Did you have the best option to launch a similar exchange like localbitcoins quickly and with less development cost?
If you want to reach the sky heights in the crypto industries within the short periods.
Just pick ou the branded cryptocurrency exchange clone script for your business.
Where to get a reliable Crypto Exchange Like LocalBitcoins
The are many cryptocurrency exchange software company provides the crytpo exchange like localbitcoins but, You want to look keen eye and choose the best company.
There are generally two ways to get started with a crypto exchange website – either to develop it from scratch or choose a readymade localbitcoins clone script
There are many proven benefits of using white label crypto exchange software it enables you to create your brand name, logo and some website changes to reduce time and makes your exchange us every green in the larger target audience at cost-efficient manner.
You can view our demos, check the premium features package and pricing and finally connect with us.
Online/Offline Trade Bitcoins
Multi-layer security authentication
Dispute resolution system
Instant KYC/AML verification
Advertisement on Platform
Multicurrency Wallet Development
Current Live Pricing
Therefore, if you are ready to start a cryptocurrency exchange platform with us share your business requirements.
Our special dashboards in localbitcoins escrow clone script
Trader Dashboard allows them to register to get access from new wallet protected with 2 Factor authentication method
The trader can publish their ads for selling /buying BTC in the exchange.
Merchants can use their bitcoin or fiat currency to paid invoices.
Trusted Members Dashboard
In a trusted member dashboard the admin can add the premium package traders.
The website admin can view the list of trader KYC document details, ads, history of transactions, live price crypto, and generated monthly report.