Topic: LocalCoinBazar P2P Exchange - Buy and Sell more than 80 CryptoCurrencies safely (Read 160 times)

Hi,

Thanks for your question and showing interest in localcoinbazar. We would try our best to resolve your issue.

We are offering more than 80 crypto currency in from top 100 market place value. However, people are more used is Ethereum - ETH.

List of Crypto Currency on localcoinbazar.com

• BTC - Bitcoin
• ETH - Ethereum
• BNB - Binance Coin
• OMG - OmiseGO
• ZRX - 0x
• ZIL - Zilliqa
• XRP - Ripple
• BCH - Bitcoin Cash
• LTC - Litecoin
• NEO - NEO
• XMR - Monero
• DASH - Dash
• ETC - Ethereum Classic
• QTUM - Qtum
• BCN - Bytecoin
• DCR - Decred
• LSK - LISK
• DGB - DigiByte
• STEEM - STEEM
• XVG - VERGE
• DOGE - Dogecoin
• WAVES - Waves
• STRAT - Stratis
• PIVX - PIVX
• NXT - NXT
• SMART - SmartCash
• SYS - Syscoin
• NXS - Nexus
• VTC - Vertcoin
• GRS - Groestlcoin
• UBQ - Ubiq
• PPC - Peercoin
• ZEC - ZCash
• TRX - TRON
• XEM - NEM
• MAID - MaidSafeCoin
• KMD - Komodo
• ZEN - ZenCash
• BAT - Basic Attention Token
• GNT - Golem
• IOST - IOST
• POWR - Power Ledger
• BNT - Bancor
• CMT - CyberMiles
• DROP - Dropil
• NULS - Nuls
• POLY - Polymath
• AE - Aeternity
• MKR - Maker
• BTM - Bytom
• REP - Augur
• NPXS - Pundi X
• WTC - Waltonchain
• SNT - Status
• KCS - KuCoin Shares
• RHOC - RChain
• MITH - Mithril
• DGD - DigixDAO
• AION - Aion
• ELF - aelf
• LRC - Loopring
• HT - Huobi Token
• FUN - FunFair
• LOOM - Loom Network
• WAX - WAX
• KNC - Kyber Network
• DCN - Dentacoin
• PAY - TenX
• MANA - Decentraland
• MCO - MCO
• KIN - Kin
• ENG - Enigma
• ETHOS - Ethos
• QASH - QASH
• SUB - Substratum
• PAYX - Paypex
• THETA - Theta Token
• VERI - Veritaseum
• SALT - SALT
• GTO - Gifto
• XIN - Mixin
• PPT - Populous
• CBC - Cryptobite

LocalCoinBazar.com Trade fees

For transactions concluded through the LocalCoinBazar.com service, LocalCoinBazar.com charges a 0.5% fee for the maker (the person who placed the offer listing) and 0.5% fee for the taker (the person responding to the offer). The fee is charged in that particular CryptoCurrencies.

This term is incorporated in all contracts between buyers and sellers arranged through LocalCoinBazar.com. The term is incorporated into the Contract and is unable to be changed. Reference :https://localcoinbazar.com/page/fees


LocalCoinBazar.com affiliate program

Affiliate program terms

You can link to any individual page, such as country listing or payment method listing, or anything else on LocalCoinBazar.com.
You will earn CryptoCurrency Coin from the users who 1) arrive to the site through your affiliate link 2) register 3) verify documents  and 4) make trades.
A visitor will be considered as your affiliate only one time.
Payouts will be paid to your LocalCoinBazar.com wallet as CryptoBite Coin (CBC).
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.
Reference : https://localcoinbazar.com/page/affiliate

Hello  localcoinbazar,

Thank you very much for providing smooth and safety market place for CryptoCurrency buy and sell.

May we know what are crypto currency you offer on your market place ? and it is possible to buy and sell these crypto currency at location of trader by localcoinbazar ?

Also may we know what is trading fee ?

you provide any referral bonus ?


Hope for best reply..

thank you very much to www.localcoinbazar.com

https://i.redd.it/7sx3ac8403q21.png
‪
I understand how hard it can be for some of you to CryptoCurrency like ETH – Ethereum, BNB - Binance Coin, OMG – OmiseGO, VEN – VeChain, ZRX - 0x, ZIL – Zilliqa, BAT – Basic, Attention Token, GNT – Golem, IOST - IOST BTC – Bitcoin, XRP – Ripple, BCH – Bitcoin, Cash, LTC – Litecoin, NEO – NEO, XMR – Monero, DASH – Dash, ETC - Ethereum Classic if you don’t live in urban nations. There is a frequent delay of services by well-known exchanges of the world when the demand surge for CryptoCurrency

That’s why it makes sense talking about an alternative service through which one can buy more than 80 CryptoCurrencies peer-to-peer anytime.
The name of this service is LocalCoinBazar (aka LCB).

What Is LocalCoinBazar

https://i.redd.it/f0bjpb6d33q21.png

LocalCoinBazar is a peer-to-peer CryptoCurrency exchange that keeps CryptoCurrency in its escrow. It has been operating from malta since 2016.
It has on-ground buyers and sellers in more than 10,000 cities across 148 countries that’s why chances are, you will find a buyer/seller in your country via LocalCoinBazar even if you live in a third world country.
The best thing about LocalCoinBazar is that you deal with the buyers/sellers directly and decide to trade only if you are satisfied with the terms of the trade. Once you engage in a trade you can receive your fiat money in the agreed way through a bank deposit, Bank transfer, PayTm, PayPal, Payoneer, or in Cryptocurrency. And when it comes to receiving your Cryptocurrency LocalCoinBazar act as an escrow in between so that you don’t get cheated.

To start with LocalCoinBazar

Signing up and logging in to LocalCoinBazar is very easy. You just need to register yourself using your e-mail ID and get started.

https://i.redd.it/9mioveho43q21.png

After you register and log in to LocalCoinBazar, it is always a good perform to whole your profile (except if you wish to be anonymous).

Searching Traders on LocalCoinBazar

Go to the main page and in the search box fill in the form with the amount you want to sell in your currency, your location and choose a payment method. If you're unsure how you want to pay, choose "All online offers" as your payment method. The site will list  CryptoCurency buyers available in your region.
You can filter out ‘Buy’ and ‘Sell’ trades and traders by selecting your preferred country and the payment method.

https://i.redd.it/b5ahcrm283q21.png

Now, let us say you want to ‘Buy’, so you will look for ‘Sellers/Trader’ and this is how the trade details put by a seller will look like:

https://i.redd.it/g8wzfokk83q21.png

Check the trade details/conditions and always look out for more feedback score. Anything over 90% is a good trader to trade with.

LocalCoinBazar Payment Methods & Fees

You can also put one more criterion while filtering out traders on LocalCoinBazar, that of payment method i.e. your preferred payment method to receive fiat if you are a seller and to pay fiat if you are a buyer.

https://i.redd.it/j56lbdk793q21.png

Here, I have filtered out this trader based on three criteria i.e. CryptoCurrency, country and payment type. Similarly, you can filter traders if you want to sell CryptoCurrency.
Some other popular payment filters through which you can find your traders are:

• Paypal
• Payoneer
• PayTM
• Neteller
• Perfect Money
• International Wire (SWIFT)
• SEPA
• Bank Transfer
• IMPS Bank Transfer
• Western Union etc…

The fee structure is quite nominal on LCB. Registering, buying, and selling more than 80 CryptoCurrency are completely free. LocalCoinBazar users who create advertisements are charged a 0.5% fee for every completed trade.
Note: Transactions to wallets of other LocalCoinBazar users are free.
Other Features of LocalCoinBazar

•   Escrow

All online trades are protected by escrow. When a trade is initiated, the amount of CryptoCurrency for the trade is automatically reserved from the seller’s LocalCoinBazar wallet. This means that if the seller runs away with your money and does not release your Bitcoins, LocalCoinBazar.com support can release the CryptoCurrency to you from escrow. If you’re selling CryptoCurrency, never release the escrow before you know that you have received money from the CryptoCurrency buyer. Also, note that local trades do not have escrow enabled by default but when you request and get in trade it becomes enabled. (Source: LocalCoinBazar.com)

•   Feedback scheme and Feedback Score

The feedback system of CryptoCurrency gives a transparent picture of all the traders listed on it and shows how positive a particular trader is. This score also decides whether the trader will be listed on the top or at the bottom.
There are four types of ratings or feedback one can give on CryptoCurrency based on their experience of trade.

1. Positive
2. Neutral
3. Negative

Is It Safe To Trade On LocalCoinBazar?

LocalCoinBazar is totally safe to trade on if you are cautious and don’t make stupid mistakes.
Think of it as an age-old peer-to-peer exchange system where you give one thing in exchange for getting another. All the cautions that you will take in a face-to-face peer trading, you need to take here too.
Some other points that you need to take care are:

• Check the trader’s trust score or feedback score. The higher the score the better it is to trade with that trader.
• Also, check if a trader has done more than 20 trades. It is quite safe to trade with that trader as he/she is not a newbie.
• Always stick to communication on the LocalCoinBazar platform itself so that in case of any dispute it can be used as proof.
• Never release the escrow manually before you have checked and received your money with you in your bank or in your hands.

Also, it is best to trade with traders who have a complete profile or you can ask for verification or ID submission for higher amounts before indulging in trade via LocalCoinBazar.

So far, LocalCoinBazar have earned a lot of trust of the CryptoCurrency community and have also become the go-to platform to trade CryptoCurrency in many countries. Also, countries like Venezuela where CryptoCurrency is kind of illegal, services like LocalCoinBazar have become very popular