[ANN] LocalCryptos – Peer-to-peer crypto marketplace that keeps you in control

dkbit98

legendary

Activity: 2212

Merit: 7064

I just saw LocalCryptos is having one nice campaign running.
If you have Paxful or LBC account and reputation, you can no import them in your LocalCryptos account, then you can also try your luck on Twitter and win some Bitcoins Wink

Nice move from LocalCryptos:
https://twitter.com/LocalCryptosEN/status/1305915781109121025

Good luck!

coupable

hero member

Activity: 2338

Merit: 757

Today, i received an email from LocalCryptos newsletter informing me that the platform integrates a crypto-to-crypto swap system in partenership with ChangeNow exchange. The update is fully described in this blog post: https://blog.localcryptos.com/crypto-to-crypto-swaps/ and was already announced by some media: https://blocknewsafrica.com/localcryptos-launches-long-anticipated-crypto-to-crypto-swap-feature-in-partnership-with-changenow/
Last Note about ChangeNow, it's a swap system that doesn't require to create an account to process swaps. Swaps frequently take 5 minutes in average depends on the network status. I used it few times without any issue and now it becomes greater with the partenership with localcryptos.

CryptoBuzzerd

jr. member

Activity: 188

Merit: 2

In Blockchain we trust!

I think you can implement a model similar to hot wallets on exchanges - for example, a new user (seller) deposits a small amount of 100-200 dollars, and as his reputation increases, when you see that he is online very often - this is a necessity collateral may disappear for him in the future. Also, one of the ways to stimulate sellers can be a multi-factor rating system - which takes into account, for example, its online as one of the parameters. It is even possible to reduce commissions for the most active traders.

CryptoBuzzerd

jr. member

Activity: 188

Merit: 2

In Blockchain we trust!

Until this platform makes a normal cryptocurrency escrow service - I mean, at the time the deal starts (as it was done on LBC and other platforms), you cannot conquer the market, this is the only thing that holds you back (except for a very bad marketing policy). What we have right now there? Wait till BTC seller wakes up, and send BTC with fee 1 sat to escrow? Really, you can wait a day or two till deal ends, no joking!!! Noway! My friendly advice to you:

1. BTC Deposit MUST BE DONE by sellers BEFORE DEAL, like on LBC.
2. Sellers MUST put their credentials to payment BEFORE DEAL, so I can just login, choose offers, and buy it immediately. People do not need to wait!

Do it now, and you will grab all the market P2P exchanges - it can be yours, I believe to it.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: noormcs5 on February 21, 2020, 12:34:29 PM

Quote from: ?? on ??

Quote from: julerz12 on January 10, 2020, 05:54:36 AM

Seeing as this is now for "Cryptos" and not just for a specific coin like ETH or BTC, I'm guessing there are also plans on adding other popular cryptocurrencies in the near future? XRP, EOS, TRX or LTC perhaps?

Yes. Over time, we'll add more cryptos that are useful and capable of non-custodial escrow.

Litecoin will soon be listed on LocalCryptos as it won the votes to be listed.

Votes:
LTC got 3,039 votes
Dash got 2nd with 2,043 votes
EOS got 552 votes

Any idea when Litecoin will be listed ?

They have not given any Estimated time for litecoin listing on the site. I think it may take one or two months but its just a wild guess. Here is the official wording about the listing.

Quote

We're beginning development to get LTC added to LocalCryptos.

This isn't as simple as flipping a switch. When we add a new crypto, our engineering team develops a new non-custodial escrow script to fit the protocol.

Shortly, we'll announce an ETA, and we'll let you know when it goes live.

joksim299

legendary

Activity: 2198

Merit: 1014

Bitdice is scam scam scammmmmmmmmmmmmmmmmmmmmmmmmm

Excellent service!
Simple to use and fast!

noormcs5

hero member

Activity: 2814

Merit: 618

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: julerz12 on January 10, 2020, 05:54:36 AM

Seeing as this is now for "Cryptos" and not just for a specific coin like ETH or BTC, I'm guessing there are also plans on adding other popular cryptocurrencies in the near future? XRP, EOS, TRX or LTC perhaps?

Yes. Over time, we'll add more cryptos that are useful and capable of non-custodial escrow.

Litecoin will soon be listed on LocalCryptos as it won the votes to be listed.

Votes:
LTC got 3,039 votes
Dash got 2nd with 2,043 votes
EOS got 552 votes

Any idea when Litecoin will be listed ?

hugeblack

legendary

Activity: 2702

Merit: 4002

I want to know how escrow works? I read your F.A.Q page and I didn’t find detailed information. Is it similar to bitify.com, as a third party checks the validity of all transfers?
Why don't you integrate services like DEX.AG to auto exchange between ETH and ERC20 Tokens? Trading volumes on the platform?
How would you deal if governments imposed restrictions?
Will the lightning network be supported?

julerz12

legendary

Activity: 2492

Merit: 1164

Telegram: @julerz12

Seeing as this is now for "Cryptos" and not just for a specific coin like ETH or BTC, I'm guessing there are also plans on adding other popular cryptocurrencies in the near future? XRP, EOS, TRX or LTC perhaps?

localcryptos

copper member

Activity: 2

Merit: 4

[deleted]

Topic: [ANN] LocalCryptos – Peer-to-peer crypto marketplace that keeps you in control (Read 301 times)